With the advancements in blockchain technology, cryptocurrencies have also set the stage for meme coins to emerge as a mainstream investment option despite being inspired by social media memes. Meme coins might derive their value from the popularity of a meme, but over time they offer users several practical use cases like non-fungible token trading, staking, and attractive rewards.
Counted among the most sought-after meme coins that are due to be launched soon, Big Eyes is a community token that seeks to accelerate the shift from traditional financial instruments to decentralized finance (DeFi) ecosystem. What helps it in the process is a set of niche features to facilitate cryptocurrency trading and token swapping.
The meme coin’s scheduled entry into the cryptocurrency universe couldn’t come at a better time as community tokens are now being seen as potential tools for wealth generation. The Big Eyes team has been vocal about its plans to build on the existing blockchain infrastructure and create an ecosystem that is self-propagating and, encourages more investors to explore the potential of the DeFi space.
Big Eyes also has a native token, BIG, that can be used for a wide array of transactional purposes on the platform including staking, liquidity pool provisioning, token swapping, earning rewards, and other similar uses. The token will be available for presale for users interested in buying it.
What Is The Inspiration Behind The Big Eyes Meme Coin?
Image Source: BigEyes
It all started with a cat called Big Eyes who was born in Washington DC. He was tired of being called cute and meek just because his eyes were big, but it wasn’t too long before he realized how he could cash in on this cuteness and earn millions.
He was adopted by a rocket scientist couple who worked at Nasa and he learned the basics of space engineering from them. He was just three when they abandoned him in pursuit of a YouTube experiment involving dark matter. Left alone, he hitched a ride on a yacht and set out to find his life’s purpose.
During a sea storm, Big Eyes was thrown into the water and he was saved by a humpback whale which left him on Japanese shores. He spent a year in the country learning all about meditation, discovering his love for Sushi, and practicing Zazen. It was during one such meditation session that he realized how he could use cuteness to be turned into hundreds of memes that could inspire meme coins. And, the rest as they say is history.
Is The Big Eyes Project A Scam?
Big Eyes boasts of a next-generation security framework that offers users a hard-to-match level of safety and privacy. Once it is launched, the platform will conduct audits to zero on any loopholes in the security mechanism and get them fixed.
The Big Eyes platform’s governance is based on the decentralized autonomous organization (DAO) model wherein community members are encouraged to participate in the daily operations of a blockchain-based platform. Any proposals regarding any operational issue like liquidity pool provisioning or product launch have to undergo a vote by token holders.
The Team Behind Big Eyes Project
The brains behind the platform are a bunch of talented cats who work 24×7 to ensure that Big Eyes runs smoothly. The team is led by an ambitious TopCat or PawZilla, while TechCat or CatNipper looks after all things technical. Then there is the HypeCat or Hypurrr, who looks after all issues related to the BIG Token. TenPaws and CatSuits ensure that daily operations go on without any hassles, and LawCat or CatsEyes handles the legal matters.
Big Eyes has announced its plans to launch extensive campaigns to ramp up the platform’s reach and encourage more investors to join its community, it has also set aside a certain quantum of the total token supply for marketing and promotional activities.
In addition, there is a marketing wallet to facilitate such services. Its marketing plan includes partnering with social media influencers to spread the word about the Big Eyes platform and its features. It aims to leverage innovation and the expertise of its community to amplify its success.
How Can Investors Potentially Gain With Big Eyes?
As far as NFT Roadmap goes, Big Eyes has a robust mechanism in place that shields investors’ interest. Its efforts will be aimed at pushing its selected NFT series to the Top 10 list of such blockchain-powered assets.
In addition, any profits earned in NFT events are first put to a ‘burn or not to burn vote. These NFT events will be organized throughout the year. The platform has announced that one of its first NFT projects will be based on art and will be featured in the NFT events that will be organized in the future.
The platform has a dynamic tax structure that facilitates changes to include charges for services like liquidity pool acquisition, maintaining the marketing wallet, and auto-burn functions. Also, BIG Token buyers do not have to pay any taxes when buying it.
Big Eyes will be setting aside a small portion of its earnings and token supply for funding charitable activities and users will be able to track them through the charity wallet. These initiatives are an extension of Big Eyes’ commitment to building a self-propagating ecosystem where every element thrives and generates wealth. Except, in the case of its charitable donations, it is the world at large that thrives and benefits from such acts of kindness.
The Big Eyes platform will have a policy of incentivizing participation and user engagement. Thus, the more the users participate, the higher the rewards will be. These rewards will be in terms of NFTs and BIG Tokens. Plus, they can participate in fundraising activities and also purchase official Big Eyes merchandise once the platform goes live.
The basic aim of the Big Eyes platform is to ensure that more and more people could explore the potential of the DeFi ecosystem. Under the current circumstances, around 99% of the global population is yet to understand what DeFi protocols could do for them given the nascent stage they are in. Big Eyes solves this problem with its back-end systems, features like Big Eyes Swap, in-depth tutorials, and how-to guides which will make learning about the DeFi ecosystem.
Taking after the sociable nature of cats, the platform wants to take the benefits accruing from DeFi protocols and blockchain technology to the last mile. Its plan would include activities that stress community involvement and sharing the benefits.
All You Need To Know About The BIG Token
Image Source: BigEyes
As mentioned above, the BIG Token will be available on presale for interested buyers. Its supply will be capped at 200,000,000,000 units. Also, there will be no taxes levied on buying or selling these tokens. The platform will set aside 70% of its total supply for presale – 90% via public presale and 20% for exchanges. Of the total supply of BIG Tokens, another 5% will be allocated for marketing and promotional activities, while the remaining 5% will be contributed to charitable causes.
However, the platform does levy a 10% tax on NFTs, of which 5% is distributed among token holders and 4% among original sellers. The remaining 1% is also diverted towards charity.
A key USP of the BIG Token is its auto-burn function, which regularly burns the tokens. The feature ensures that the supply of the token is limited and there are no fluctuations in its price.
Official website: bigeyes.space
Twitter page: https://twitter.com/BigEyesCoin
Instagram Page: https://www.instagram.com/BigEyesCoin/
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