Finance

Is Big Eyes the Next Polygon (MATIC) or Hedera (HBAR)? Find This Out in This Guide!

Introduction

Are you still trying to wrap your head around the idea of the downfall of cryptocurrency? If so, a multiverse of factors is involved, but the most prominent one is the non-standardization. This undoubtedly is why the majority is reluctant to try this space because they find it nothing but a scam. But is that the case? We doubt it! We retreat due to our incapability to comprehend the concepts. And the sole reason for this repulsion is the intricate terms used in the whitepaper. There has got to be a simple translation enabling millions to resonate and come over.

This precisely is what we do here! Our mission is to connect with people, communicate the concepts and help them absorb the core. By a rough estimate, more than 15,000 coins are floating in the market, and selecting one out of them is pretty challenging for a layman. Owing to that, we simplify the process and share the emerging technologies with an ordinary man with no technical background. This guide is about digging into Big Eyes (BIG) principles and a couple of other tokens. Are you all set to embark on this journey? Slide down the article!

Big Eyes (BIG)

Blockchain is no more a new punk in the town, it has seeped and made its way into many other industries, and the meme world isn’t behind. Big Eyes (BIG) is a meme coin, and the idea of a meme coin first made it to the limelight in 2019 after a tweet from Elon Musk. Meme coins are coins with some story on their backs, with something to tell, something to convey, and the sole purpose is nothing but to spread joy, excitement, and happiness. The same stands true for Big Eyes (BIG) as it’s a fun, cute little cat but it houses the potential to change the typical financial systems of the world. It isn’t just a meme coin but aims to practice fully the utilitarian model – which means it promises to serve humanity in whatever way possible.

The presale of Big Eyes (BIG) is live, and you’re not yet late! On its launch, 80% of the total supply would be available. There, in total, are to be mined 200,000,000,000 tokens which equates to a low price. Everybody would have an opportunity to hold some of it and potentially gain later down the road. Big Eyes (BIG) has $1 million of fundraising amount linked to its name, which is to hit $2 million shortly. Many exchanges in the past have gone either gone bankrupt or frozen the assets of its stakeholder for the sake of avoiding liquidity. This undoubtedly has spread the bad word around the crypto industry because it’s adding more to the already shattered trust. To fix it up, Big Eyes (BIG) had its platform audited by Solidity Finance, claiming to be 100% secure for the community. The benefit of such an audit is that it builds trust and ensures that everything is legitimate.

To further support the platform, Big Eyes (BIG) clearly states that it’ll lock the pool for 2 years which will help maintain the platform, at least for the time being. Additionally, it guarantees a stable system free of external threats posed by market sentiments. Once you come over, you have a long way to go! Are you done paying those hefty taxes for nothing? Big Eyes (BIG) has covered you because it does obliterate any possibility. It aims not to charge any tax for either buying/selling anything over its platform. It’s a peer-to-peer network, free of third-party governance or rulings over anyone’s head. Even if there is a need for taxes, the platform promises to introduce a dynamic and flexible version of it where the community will have their say on the defined percentage, and it’ll be altered based on the market sentiments, or the other way said public sentiments. As said earlier, the end goal of Big Eyes (BIG) is to serve the local community.

Hitting the right audience is the job half done, and that’s where the marketing team at Big Eyes (BIG) comes in – the 5% of the shares of the platform would straightaway go to the Marketing budget, which then will be used to spread the word about Big Eyes (BIG). Unless a coin hits the audience that synchronizes with its concept, it doesn’t succeed. This percentage allocation is an effort to narrow this gap and support the team in getting the job done. Would you like to buy Big Eyes (BIG)? Skim through this practical guide.

How to buy Big Eyes (BIG)?

Nothing complicated, it’s a simple process, and all we expect from you is to follow the process sequentially. First, install a Metamask – a digital wallet that lets you hold your assets virtually on your laptop/PC. Now, after it’s installed – add its extension to your browser for a better experience. Second, head on to the official website of Big Eyes (BIG) and connect the wallet with the page (There’s an option over the website). Once you do so, it’ll open a list of options before you, as mentioned below:

  • Buy ETH with a card
  • Buy Big Eyes (BIG) with ETH
  • Buy Big Eyes with USDT

Select any of these modes. Wait until the presale is Live and claim your tokens after the launch.

Polygon (MATIC)

Polygon (MATIC) is a layer-2 solution to all the bandwidth issues the Ethereum blockchain puts forth. Ethereum network is known for its efficient and seamless architecture, where hundreds of decentralized applications are deployed. The smart contract is more of a code to bring such a structure to life and keep it functional. Polygon (MATIC) is a side-by-chain that enables the stakeholders to leverage all the pros of the ETH network while not compromising on the speed. All this comes at a regular cost.

Polygon (MATIC) was launched in 2017, and it’s based on a staking mechanism where users are allowed to contribute, validate the nodes, and earn their way out of it. Moreover, it’s a more secure and robust way of going about this mode of transaction. Polygon (MATIC) is available on all the significant exchanges to get hold of it. If you feel like buying it – give it a shot! As far as the price is concerned, it’s sold at 0.8 USD, as quoted by coinmarketcap.

Hedera (HBAR)

Hedera (HBAR) is nothing but another solution to cope with the Ethereum congestion problems. If a business is about speed and demands swiftness – Hedera (HBAR) won’t disappoint with its feature to offer 10,000 transactions a second. Moreover, it costs as little as 0.0001 HBAR to carry our assets to another point. So, it’s pretty cheap compared to other channels. This pace is linked with the hashing mechanism incorporated by its founders. On top of that, it’s based on the PoS model and enables its community to mint the tokens. On coinmarketcap, Hedera (HBAR) stands at #40 among the list of tokens and is equivalent to approximately 0.06 USD. It’s an energy-efficient solution, unlike Bitcoin and many others. Let’s get into our say over all of them combined.

Conclusion

Each coin has bright and dark sides, and none can be efficient on every guard. The crypto world is based on 3 Amigos, and the coin that satisfies most of them wins the deal. Big Eyes (BIG) cuts down the taxes problem and communicates the idea of decentralization in a way everyone resonates with. Polygon (MATIC) & Hedera (HBAR), in particular, are dealing with the challenges of the Ethereum network. Individually, both of them are legitimate alternatives to conventional bandwidth problems. But all in all, Big Eyes (BIG) stands out for the reasons mentioned above.

Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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