It’s no secret that virtual reality has been a hot topic in the tech world for quite some time now. This innovation has long since appeared in novels and films. Crypto enthusiasts were happy when this augmented reality entered the crypto space.
Using blockchain technology, crypto innovators could now create virtual metaverses for their users. The metaverse has opened up a plethora of opportunities for crypto enthusiasts.
For example, traders can claim sole ownership of digital assets such as NFTs in the metaverse. Metaverse projects like Axie Infinity (AXS) have developed a decentralized system where users can create and breed NFT-like creatures.
Big Eyes Coin (BIG) is another crypto project that is making significant progress in providing its users with next-generation metaverse services. The Big Eyes Coin (BIG) crypto project seeks to compete with large crypto projects like Solana (SOL).
Big Eyes Coin (BIG) intends to be the largest NFT platform in the crypto space. It has a unique reward system that will attract NFT designers from all over the world. This article will highlight the features of the Axie Infinity (AXS), Big Eyes Coin (BIG), and Solana (SOL) crypto projects.
Features from Solana crypto project (SOL)
Solana (SOL) is a blockchain created to offer fast crypto transactions. The blockchain offers next-generation DeFi services that are better than the Ethereum blockchain. Solana (SOL) also offers crypto users a fast and scalable platform for their transactions.
The Solana (SOL) blockchain operates on a dual consensus mechanism. It includes Proof of Stake and Proof of History protocols. Solana’s dual consensus mechanism makes it better than other crypto projects.
Solana (SOL) ranks as an eco-friendly blockchain using the proof-of-stake protocol. It employs members of its crypto community to act as transaction validators by staking their tokens. These transaction validators receive crypto rewards when they stake their tokens on the network.
The proof-of-history consensus mechanism makes the Solana (SOL) blockchain unique. It makes it capable of processing thousands of transactions simultaneously. The Proof-of-history protocol introduces timestamps into the transaction verification process.
Solana also uses Verifiable Delay Functions (VDFs) to overcome the time barrier in transaction processing. This VDF feature makes the Solana (SOL) blockchain more lightweight and able to process transactions quickly.
The proof-of-history protocol is also responsible for the increased scalability offered by the Solana (SOL) cryptographic platform. It is also responsible for the low transaction fees enjoyed by the Solana (SOL) blockchain.
Due to its super fast and inexpensive blockchain, Solana (SOL) users can use it for daily transactions. The Solana (SOL) blockchain provides its users with a decentralized payment platform called SolPay. SolPay seamlessly transfers Solana users from a digital wallet to their mobile phones.
As a new protocol in the crypto space, the Solana (SOL) blockchain proof-of-history protocol has some flaws. The proof-of-history protocol has been linked to past attacks and vulnerabilities within the Solana (SOL) blockchain. However, any flaws in the hist proof protocol will be fixed over time.
Solana (SOL) is a blockchain based on smart contracts. It uses these smart contracts to host other crypto projects. Crypto innovators can build and manage their projects on the Solana (SOL) blockchain.
Transactions within the Solana (SOL) ecosystem are powered by the Solana (SOL) cryptocurrency, its native crypto asset.
Axie Infinity Crypto Project (AXS) Features
Axie Infinity (AXS) is a community-based crypto project that offers its users DeFi, MetaFi, and Game-Fi services. Axie Infinity (AXS) users can earn rewards by interacting with its metaverse. They can also earn rewards by transacting with non-fungible tokens.
Axie Infinity is a virtual gaming platform hosted on blockchain technology. Its metaverse allows anyone to buy and own digital assets. Like users of popular metaverse projects, Axie Infinity users can purchase virtual land. Land owners can use these lands to store all in-game assets owned by users.
A core part of the Axie Infinity metaverse are NFT-like creatures. These creatures only exist in the Axie Infinity metaverse. Each Axie has a digital DNA that gives it unique characteristics. The characteristics of each Axie determine its ability and powers.
Axie Infinity (AXS) users can purchase land to keep their Axies. These Axies can be bred and bred to produce an Axie child. This newly created Axie will have similar functionality to its parent Axies.
The gameplay of Axie Infinity (AXS) involves a one-on-one battle between its users. Each player must own Axies which will be used to fight with other players. The winner of the head-to-head competition is rewarded with non-fungible cryptocurrencies or tokens. The Axie Infinity (AXS) metaverse has two cryptocurrencies.
- Axie Infinity Shards (AXS) are the main cryptocurrencies used in the Axie Infinity metaverse. It is also the governance token. It gives its holders voting power within the Axie Infinity metaverse.
- Smooth Love Portion (SLP ) is an in-game token burned when breeding Axies.
AXS and SLP tokens are Ethereum-based tokens. They are both used as reward tokens for winning battles in the Axie Infinity metaverse. AXS and SLP tokens can be withdrawn from the Axie Infinity (AXS) platform and traded like other crypto assets.
AXS and SLP tokens have a significant difference. This difference exists in their total offer. AXS tokens have a limited supply of 270 million AXS tokens.
However, the SLP token does not have a hard cap. SLP tokens are created and burned in the Axie Infinity metaverse. Thus, its circulating supply fluctuates.
In addition to these cryptocurrencies, Axie Infinity (AXS) users can own other in-game NFT-like assets like land and Axies, as explained above. Users can exchange these non-fungible tokens on the NFT Axie Infinity (AXS) market for AXS tokens.
Big Eyes Coin (BIG) Crypto Project Features
Big Eyes Coin (BIG) shares similar functionality with the Solana (SOL) and Axie Infinity (AXS) crypto projects. Like the Axie Infinity (AXS) crypto project, it runs on the Ethereum blockchain.
The Big Eyes Coin (BIG) crypto project issues its own native ERC-20 cryptocurrency. This digital asset with the stock symbol “BIG” is a deflationary cryptocurrency. It has a limited supply of 200,000,000,000,000 tokens.
As a deflationary cryptocurrency, its circulating supply is contingent on a periodic decrease through burning. This self-contained process rewards long-term Big Eyes Coin (BIG) cryptocurrency HODLers.
Unlike Solana (SOL) and Axie Infinity (AXS), Big Eyes Coin (BIG) is a cat-inspired meme coin crypto project. It intends to create a community ecosystem to improve the financial situation of its members.
The Big Eyes Coin (BIG) crypto project will donate a portion of its crypto tokens to charities. One of its objectives is to save the oceans and preserve the life of marine animals.
The Big Eyes Coin (BIG) crypto project has its own crypto community as its focal point. Its crypto community will always be involved in all activities within the Big Eyes (BIG) ecosystem. Its users will have full autonomy to decide the future of the crypto project.
The Big Eyes (BIG) crypto project will regularly organize giveaways for its members. Its token holders will also receive 50% of all transaction fees charged within the Big Eyes (BIG) ecosystem.
Big Eyes Coin (BIG) Space NFT
The Big Eyes (BIG) crypto project intends to become an NFT platform that will position itself among the top 10 NFT projects in the crypto space. These NFTs will give holders access to exclusive events as part of the Big Eyes (BIG) crypto project.
The Big Eyes (BIG) NFT space provides a platform for artists to create and trade NFTs. These NFT creators will benefit from a tax-free trading system to sell their NFTs.
NFT creators will earn from their creations, even after selling them to others. The original seller receives 40% of the fees charged each time the NFT is resold. This feature is unique to the Big Eyes (BIG) crypto project.
The Future of the Big Eyes (BIG) Crypto Project
In time, the Big Eyes Coin (BIG) will be available for trading on the Uniswap (UNI) DEX. He will have his liquidity blocked for at least 2 years. This locked liquidity will ensure seamless Big Eyes Coin (BIG) trading.
Future projects proposed under the Big Eyes (BIG) crypto project include:
- Big Eyes Coin (BIG) Swap: It will be a decentralized cryptocurrency exchange that will facilitate the seamless exchange of crypto tokens among its users.
- Big Eyes Coin (BIG) Merch: It will be available digitally and physically. This will help increase the popularity of the Big Eyes (BIG) crypto project and its goals.
- Chain Bridge Protocol: The Big Eyes (BIG) blockchain bridge will help its users to exchange cryptocurrencies between different crypto blockchains. This multi-channel ain bridge will be a super-fast exchange protocol with low transaction fees.
It is still early days for the Big Eyes (BIG) crypto project. The Big Eyes Coin (BIG) presale is an opportunity for crypto enthusiasts to join the ecosystem. Big Eyes (BIG) will be a talk-and-do project, unlike other cryptocurrency projects. Evidence of its operations will be evident from the start of the project.