Cryptocurrencies have become a popular way to invest and trade in recent years. Big Eyes Coin (BIG token) has gained significant popularity among the many cryptocurrencies available. This article will explore what Big Eyes Crypto is, how it works, and why it has become so popular.
What is Big Eyes Coin (BIG token)?
Big Eyes Coin is a decentralized cryptocurrency that operates on the Ethereum blockchain. It is an ERC-20 token, which means it is built on the Ethereum blockchain and can be stored in any wallet supporting ERC-20 tokens.
The main purpose of Big Eyes Coin is to provide a decentralized platform for artists and creators to sell their work directly to their fans without intermediaries. This means that artists can earn more money by selling their work directly to their fans, and fans can support their favorite artists by buying their work directly from them.
How does Big Eyes Coin work?
Big Eyes Coin works by using smart contracts on the Ethereum blockchain. Smart contracts are self-executing contracts that automatically execute when certain conditions are met. In the case of Big Eyes Coin, smart contracts are used to facilitate the buying and selling of art and other creative works.
When an artist wants to sell their work on the Big Eyes Coin platform, they create a smart contract that specifies the sale details, including the price, the number of copies available, and any other terms and conditions. Once the smart contract is created, it is uploaded to the Ethereum blockchain and becomes immutable. This means that it cannot be changed or tampered with.
When a fan wants to buy a piece of art or other creative work on the Big Eyes Coin platform, they send the required amount of Big Eyes Coin to the smart contract address. Once the smart contract receives the payment, it automatically sends the art or other creative work to the fan.
Why has Big Eyes Coin become so popular?
There are several reasons why Big Eyes Crypto Coin has become so popular:
- Decentralization: Big Eyes Coin is a decentralized platform, meaning no central authority controls it. This makes it more resistant to censorship and provides more freedom to artists and creators.
- Transparency: Because Big Eyes Crypto Coin operates on the Ethereum blockchain, all transactions are transparent and can be easily audited. This provides more transparency and accountability for artists and creators.
- Security: Using smart contracts on the Ethereum blockchain provides a high level of security for both artists and fans. Smart contracts are immutable and cannot be changed or tampered with, which provides more security and trust for both parties.
- Efficiency: By using smart contracts to facilitate the buying and selling of art and other creative works, Big Eyes Coin eliminates the need for intermediaries such as galleries and auction houses. This makes the process more efficient and reduces the fees artists and creators must pay.
- Community: Big Eyes Crypto Coin has a strong community of artists and creators passionate about the platform and its mission. This community provides support and encouragement for artists and creators who are using the platform.
Big Eyes Coin Whitepaper Review and Tokenomics
The whitepaper is concise and lacking in specific details. It outlines the project’s objectives, which include the creation and distribution of NFTs as rewards and the donation of funds to unspecified charities to protect the oceans. Rather than identifying team members by name, the whitepaper uses cartoon cat pseudonyms to represent the team, whose background information is not readily available. The project resembles the Pancat coin, another meme coin that gained popularity due to its cute cat aesthetics.
According to the Big Eyes Coin whitepaper, the tokenomics include 200 billion tokens with no taxes on buying or selling. The tokens will be distributed as follows: 70% sold through a public presale, 20% allocated to exchanges, 5% reserved for marketing, 5% held for charity, 10% tax for NFTs, 4% distributed to the original seller, 5% distributed to token holders, and 1% donated to charity.
How to Buy Big Eyes Crypto
Big Eyes cryptocurrency can be purchased from the project’s website, but currently, no tokens are being issued to buyers through a contract, not even IOU tokens. The project is simply accepting money from investors at this stage.
Although this guide aims to inform users about the project, CryptoWallet.com has identified several warning signs associated with the Big Eyes coin and advises people to exercise extreme caution before getting involved. Pursuing the next viral meme coin can often make the community vulnerable to scammers who might pull exit scams or rug pulls, so it’s important to be vigilant.
When Will Big Eyes Crypto Launch?
The project’s launch date by Big Eyes Crypto has been rescheduled several times. According to the latest update, the presale is supposed to conclude on June 03, 2023. The project’s Cat Crew promotes a bonus code END300, enabling users to claim a 300% bonus. The bonus code for the Big Eyes Coin incentivizes individuals to spend more money in anticipation of receiving $BIG tokens in the future. However, it’s important to note that participating in the Big Eyes Presale does not guarantee to receive a $BIG token.
Big Eyes Coin Price Prediction
The Big Eyes Coin project is still in presale, so it doesn’t have a price yet. If the project proves genuine, the price will be announced when the actual token is launched. While it’s difficult to make a Big Eyes Coin price prediction, the project has raised a substantial amount of money thus far.
Currently, the market is primarily focused on the Ethereum Shanghai and Capella upgrades, both scheduled for release in April. These upgrades may create favorable market conditions ahead of the June 03 Big Eyes crypto presale.
FAQ
Even though it hasn’t been released yet, the whitepaper for the project states that there will be a maximum of 200 billion coins for big eyes coins.
A group of individuals who go by PawZilla, CatNipper, HypePurrr, TenPaws, CatSuit, and CatEyes collaborated to create the big eyes coin.
In cryptocurrency, predicting the next popular meme coin is challenging. The Big Eyes coin is a potential candidate, but many concerns about the project may impede its success as a meme coin. The project’s uncertain launch has raised several red flags that could deter its popularity.
The ticker for the Big Eyes token is $BIG
Investors may find Big Eyes Coin an appealing investment prospect in the cryptocurrency market despite not being available on the live market, like BTC and ETH. By purchasing and holding onto BIG coins during the presale, investors can benefit from price increases, making it a valuable asset to include in an investment portfolio.
Currently, the value of one Big Eyes coin is $0.00046, equivalent to £0.00039. However, the coins will be launched at a higher value of $0.0006, which equals £0.00050. This means that for every 1 USDT, an individual can acquire a significant number of Big Eyes coins, totaling a substantial amount.
Conclusion
Big Eyes Crypto Coin is a decentralized cryptocurrency that allows artists and creators to sell their work directly to their fans. By using smart contracts on the Ethereum blockchain, Big Eyes Coin provides a high level of security, transparency, and efficiency for artists and fans. With its strong community and mission to empower artists and creators, Big Eyes Coin has become popular for those looking to buy and sell art and other creative works.
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