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The crypto market is being filled with new crypto projects. Some valuable and some not worthy of a second glance. The ones considered valuable are those that take Blockchain adoption to the next level by providing infrastructure for wealth creation. This article talks about three crypto projects and how they are implementing tools and technologies to exceed Blockchain limitations.
The Big Eyes Coin (BIG) project is the latest in a long line of meme tokens that are proving to be different by providing functionality and not just entertainment. Meme coins have been known to be involved in scams and rug pulls over the years. Big Eyes Coin (BIG) will change this narrative by giving its users and the blockchain industry at large a platform aimed at improving decentralized finance (DeFi).
Users will be entitled to features such as a decentralized exchange, an NFT marketplace and club, physical and digital merch, and a decentralized platform where they will be the decision-makers. The token is committed to community growth, wealth creation, top NFTs, and ocean rehabilitation. To this effect,
Big Eyes Coin (BIG) will have a total supply of 200 billion BIG tokens, with 80% available on launch, 5% for ocean conservation charities, and the rest for marketing. The Big Eyes (BIG) ecosystem is created to be self-sustainable and as uncomplicated as possible for its users. Still, in its pre-sale, BIG tokens are up for sale and future users have a chance to acquire as much as possible before launch.
Avalanche (AVAX) is a Blockchain ecosystem that was built to solve most of the issues found in several Blockchain networks. The protocol functions as a secure, decentralized network that leverages three blockchains to create an infrastructure for developers to seamlessly work and build applications.
Avalanche (AVAX) was not just built for individual users, it was also built for corporate entities. These business entities can create new blockchains and make use of the Network's tokens as a representation of financial instruments.
The network is very flexible as developers, as well as users, can create application-specific networks using multiple languages and create digital smart assets also. The created blockchains are called Subnets and the creators have full control over them.
Avalanche (AVAX) has been considered a better alternative to the Ethereum (ETH) Blockchain because there is no congestion on the network and the gas fees are more affordable. Avalanche (AVAX) employs validators to secure the network by validating transactions.
Using a Delegated Proof-of-Stake mechanism, Avalanche (AVAX) can accommodate over a million validators. The AVAX tokens are used to pay fees and for rewarding users.
Bitcoin (BTC) was created to serve as a lasting solution to the problem of centralization in finance. Bitcoin (BTC) is a digital currency that has ties to any government or financial institution allowing it to be spent globally and anonymously.
Bitcoin (BTC) is created by users through a process called mining. This process involves lending computing power to validate transactions made using Blockchain technology. Bitcoin (BTC) are lines of computer codes that are digitally stamped each time they are transferred from one user to the next.
The popular crypto can be stored in digital wallets and is now being used for online payments globally. Currently, over 300,000 transactions are occurring in an average day, according to Blockchain.info. Being the first decentralized digital currency, Bitcoin (BTC) has brought about the development of other cryptocurrencies and crypto projects.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
