Big Eyes Coin, Decentraland and Theta Network
Updated: September 12, 2022 2:10 p.m. STI
New Delhi [India], Sep 12 (ANI/ATK): The development of the decentralized finance (DeFi) market can be attributed to the characteristics of several cryptocurrencies currently in the market. Big Eyes Coin (BIG), Decentraland (MANA) and Theta Network (THETA) are three cryptocurrencies that have special characteristics that will allow them to contribute even more to the growth of the decentralized finance (DeFi) industry.
Big Eyes Coin (BIG) grows the global financial market
The Big Eyes Coin (BIG) is a new addition to the crypto market that focuses on wealth transfer in the world of decentralized finance (DeFi) while protecting and preserving an important part of the financial market and the global ecosystem. Unlike other dog-themed cryptocurrencies in the crypto market today like Dogecoin (DOGE) and Shiba Inu (SHIB), The Big Eyes Coin (BIG) is represented by an irresistibly cute Japanese-oriented cat and sushi lover. The Big Eyes Cat is interested in saving the world’s oceans and promoting the adoption of decentralized finance (DeFi) in the global financial market.
The Big Eyes coin is hosted on its own ecosystem and its token is tokenized as BIG. The BIG token will have a total supply of 200 billion units whose allocation will be regulated using the “No Purchase Tax, No Sales Tax” policy. This policy will eliminate the need for exorbitant transaction fees on the Big Eyes ecosystem. This will also allow for changes to ecosystem features such as the liquidity pool and the Big Eyes Coin (BIG) trading system.
Details on Big Eyes Coin’s token economy, called its Cuteomics, are contained in the cryptocurrency whitepaper. After its launch in the crypto-verse, Big Eyes Coin (BIG) will follow its roadmap which it dubs its “Action Plan”. The details of this action plan are also contained in the Big Eyes Coin whitepaper.
Decentraland (MANA) Takes Virtual Reality (VR) to the Next Level
Called virtual reality (VR) platform, Decentralized (MANA) is an open-source, decentralized platform built on one of the world’s largest blockchain networks, Ethereum (ETH). The Decentraland (MANA) platform was created by Ariel Meilich and Esteban Ordano to serve the decentralized finance (DeFi) community by enabling its users to develop, create and generate revenue by providing decentralized services, in particular decentralized applications (dApps). The launch of the Decentraland (MANA) platform was facilitated by the $24 million it generated during its initial coin offering (ICO) which was conducted in 2017.
The Decentraland platform is powered by two tokens called MANA and LAND. MANA is an ERC-20 token that serves as the main utility token of the Decentraland ecosystem. The token can also be used to purchase LAND, which is the ERC-721 standard non-fungible token (NFT) of the Decentraland platform. The LAND token is used to pay for items featured on the Decentraland Virtual Reality (VR) platform. Both of these tokens are compatible with the underlying technology of the Ethereum (ETH) blockchain. This means that they can be easily exchanged for other tokens hosted on the blockchain.
Theta Network (THETA) develops the video streaming industry
The Theta network (THETA) is a decentralized open source network of computers and operating systems that operate and regulate the activities of a video streaming platform. The Theta Network (THETA) operates using the operation of Enterprise Validator Nodes, Guardian Nodes, and Edge Nodes. These nodes power the network and enable it to allow developers and creators to build decentralized applications (dApps) on the Theta (THETA) network.
Activities that occur on the Theta Network (THETA) are powered by the network’s native token known as THETA.
This story was provided by ATK. ANI shall in no way be responsible for the content of this article. (ANI/ATQ)