Despite this year being a difficult time for many cryptocurrencies, people are still actively searching for ways to gain financial fruition outside of using centralised banking institutions. With the popularity of non-fungible tokens (NFT) on the rise, multiple blockchain networks are looking to capitalise on this niche by having their marketplace catered to the NFT realm. Big Eyes Coin (BIG) is a meme token newly launched into the world of crypto that aspires to have its NFT marketplace reach the top ten.
Ethereum’s CryptoPunks and Solana’s Solanart are currently two of the most prominent NFT marketplaces in crypto. This editorial will explore all three marketplaces, reviewing whether Big Eyes Coin can reach its NFT into the top ten.
What Does Big Eyes Coin Do Differently?
Big Eyes Coin (BIG) has managed to gain significant traction online through its unconventional marketing strategies, utilising a feline avatar with wide pupils to target the ‘cute’ market, which the BIG team claims are worth $1 billion. Having their crypto coin centred around a cat already diverts from how meme coins such as Dogecoin, Shiba Inu and Floki Inu brand themselves, usually having dogs as their mascots.
BIG’s objectives are to protect an important part of the world’s ecosystem, the ocean while wanting to transfer affluence into the decentralised finance (DeFi) ecosystem. The blockchain network wants to be beneficial by providing a charity wallet, with 80% of the 200,000,000 tokens available being donated to sea conservation organisations.
BIG also has ambitions to create a one-of-a-kind NFT collection through which content creators may sell their products. Their NFT marketplace is called the ‘NFT Sushi Club,’ and it is a club for NFT holders who enjoy owning cute products, eating fish, and having fun. Once this collection enters the top ten markets, every income generated by these NFTs will be used to vote on whether to burn or not burn. If Big Eyes Coin continues to rapidly rise in popularity, then its NFT marketplace will likely have a solid trajectory.
Why Ethereum’s CryptoPunks Is So Successful
Ethereum (ETH) is the second most popular cryptocurrency in the metaverse. It has the most developed crypto ecosystem, with multiple large Ethereum-based blockchain networks. Ethereum is primarily known for pioneering the incorporation of smart contracts into blockchain technology, allowing agreements between multiple parties to be executed without a third party’s involvement.
CryptoPunks, one of the most successful NFT collections in the crypto industry, is powered by Ethereum. The Larva Labs firm was created in 2017 by two Canadian software engineers, John Watkinson and Matt Hall. It’s composed of a spate of 10,000-pixel art figurines, each with its distinct personality.
Initially, the CryptoPunk trinkets were available for free. However, these days, the only way to obtain one is to purchase it. Keep in mind that buying one is a costly option. 75.95 ETH ($81,262.70) is the cheapest CryptoPunk. On September 28, 2022, CryptoPunks NFT #2924 sold for almost $4.5 million in ETH, making it the highest single NFT sale in recent memory. CryptoPunk’s high worth may also be connected to the fact that it is one of the earliest NFTs, which confers cultural importance in crypto.
Discover And Trade NFTs Efficiently With Solanart
Solana (SOL) describes itself as a highly functioning open-source project that leverages the permissionless nature of blockchain technology to empower users with decentralised banking solutions. The platform was created in March 2020, when several European nations were going into national lockdown due to the COVID-19 pandemic.
Due to its notable characteristics like as rapid transaction speed and proof-of-history consensus, Solana quickly adopted the moniker “Ethereum Killer.” One of Solana’s main attractions is its NFT marketplace, Solanart, a trustworthy leading NFTs marketplace with over 1350 Solana NFT collections. It displays NFTs for sale on the main page by utilising off-chain data kept in a database.
Solanart’s “Global Offer” feature distinguishes itself by giving liquidity to sellers without altering a collection’s floor price. Furthermore, this offer allows you to bid on any NFT in a series. In addition, Solanart will soon accept worldwide bids on NFT traits.
Find Out More About Big Eyes Coin (BIG) In The Links Below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL