Blockchain technology has been transforming the financial landscape since the advent of Bitcoin in 2009. Today, there are over 10,000 cryptocurrencies, and the blockchain ecosystem has expanded to include decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and more. This rapid growth has made it challenging for investors to navigate the space and identify promising investment opportunities. In this article, we will explore the top cryptocurrencies and blockchain projects that investors should keep an eye on in 2023, along with their potential applications and challenges.
Introducing Big Eyes Coin, the Community Token
Big Eyes Coin is a community-based meme token that aims to transform the decentralized finance ecosystem. Unlike meme coins that rely solely on hype, Big Eyes Coin seeks to use hype sincerely by supporting charitable organizations. Additionally, the project will conduct events and marketing campaigns to educate the public and promote the Big Eyes community.
Token holders and community members will enjoy exclusive perks, such as access to the project’s NFT, which is anticipated to gain significant popularity. There will also be an NFT club called the Sushi Crew which will feature a collection of unique cat-themed items. It will be an exclusive club where members can purchase valuable NFTs. Moreover, club members will receive rewards from the taxes associated with NFT trading as a bonus. They can also buy trendy community clothing items from the merchandise store.
Big Eyes Coin distinguishes itself through its distinct tokenomics. From launch, 70% of the tokens will be available to the community, and which 5% split will be for the charity wallet. There will also be no team or developer wallet, only a marketing wallet carrying 10% of the total token supply. The remaining tokens will be locked in a liquidity pool for two years.
With all these plans mapped out, we expect the Big Eyes Coin to be the next big meme coin.
Polygon, The Scaling Solution
There have been many narratives in the crypto space, but one that has caught our attention is Layer 2. Layer 2 networks work as an additional layer to the existing core blockchain to make them scale. Polygon is one such layer-2 network. It is a scaling solution that provides faster and cheaper transactions. It achieves this through side chains and Plasma technology, which enables faster and cheaper transactions with increased scalability. The platform has gained significant traction in the decentralized finance (DeFi) ecosystem, with over 800 dApps and over 8 million unique wallets. Polygon has also partnered with several major big-name projects and platforms.
Uniswap, The Decentralized Trading Platform
Uniswap is a successful Ethereum-based decentralized exchange built to enable the creation of a more accessible and decentralized way to trade cryptocurrencies.
Unlike traditional centralized exchanges, Uniswap operates on a fully decentralized platform, which means that users can trade cryptocurrencies without the need for intermediaries such as banks or brokers. The protocol uses an automated market maker (AMM) system, which allows users to trade tokens based on the current market price without the need for order books or price charts.
One of the unique features of Uniswap is that it allows users to provide liquidity to the protocol by adding funds to a liquidity pool. These liquidity pools facilitate trades on the platform, and users who contribute to them are rewarded with trading fees and a portion of the Uniswap governance token, UNI.
Currently, UNI is one of the biggest cryptocurrencies, as it has a market capitalization of over 4 billion dollars. We also expect this figure to increase when more liquidity flows into cryptocurrencies.
If you are excited about Big Eyes Coin, learn more about them below:
*This article was paid for. Cryptonomist did not write the article or test the platform.
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