The leading digital asset and cryptocurrency trading platform MEXC firstly introduces 0 maker fee rate offering for all spot trading users from since August 31st. The 0 maker fee policy applies to all spot trading pairs on MEXC. This marks a ground-breaking level of user experience that has been brought to the crypto space for all traders.
For now, reports show that MEXC reaches a spot daily trading volume of $1.6B, and more than 1,500 trading pairs are listed on MEXC, according to CoinMarketCap. While the zero maker fee policy is introduced, more than 7 million users worldwide will benefit from the promotion in every single spot trading activity.
With the value of “Users first, Service foremost”, MEXC keeps making efforts and remains competitive regarding the user experience in the ever-changing cryptocurrency market, since founded in 2018. Especially over the past months, MEXC team has successfully pushed the boundaries forward. In April, MEXC firstly introduced the NFT Index product to help people around the world take part in NFTs more affordably. In August, MEXC introduced MX/USDT perpetual trading, and then launched trade mining feature on the platform, and more to come.
MEXC’s VP Andrew Weiner commented, “As the first exchange in the industry to announce zero maker fee for all spot trading pairs, MEXC continues to win supports and trust from our user community in every timing the market changes. We are dedicated to make the user experience more effortless and seamless.”
The promotion opens from August 31st 15:00 (UTC) until further notice. For more details, please stay tuned to MEXC website for official announcements.
About MEXC
MEXC is the world’s leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, ETF, futures, Staking, NFT Index, etc.,and serving more than 7 million users worldwide. The core team has a solid background in traditional finance, and has professional financial product logic and technical security guarantees in terms of cryptocurrency products and services. In October 2021, MEXC Global won the title of “Best Cryptocurrency Exchange in Asia”. Currently, it supports the trading of more than 1,500 cryptocurrency, and is the trading platform with the fastest launch speed for new projects and the most tradable categories. Visit the website and blog for more information, and follow MEXC Global and MEXC Research.
After another week of rather sideways trading the total cryptocurrency market capitalization still hoovers around $1 trillion as we enter Week 36. Perhaps, as the Ethereum Merge approaches a new trend cryptocurrency market trend will crystalize, causing the total capitalization to either lift off or take a dive even deeper, below the current $1 trillion valuation. Either way the market plays out, you are more likely to end the week in the green if you follow the news from the crypto world. So here is our Top 3 Coins to Watch article – essentially a short summary of future (and past) events that are likely going to influence the prices of associated cryptocurrencies this week.
3. Helium (HNT)
Helium is a project that aims to build a decentralized wireless internet infrastructure owned by the people and not telecom conglomerates. This is the main reason why Helium project calls itself is “the People’s Network”. Anyone who wishes to contribute to a more connected future can join the decentralized machine network by setting up a wireless network in their city and operating a Helium Hotspot, for which the operators are rewarded in HNT tokens. The People’s Network utilizes two units of exchange: HNT and Data Credits and their circulating supply is determined based on a Burn-and-Mint Equilibrium token model. The Helium blockchain also relies on a special Proof-of-Coverage (PoC) algorithm to verify that Helium hotspots are located where their operators claim they are. According to Helium’s explorer, there are currently over 942,000 Helium hotspots deployed worldwide.
Helium developers have proposed a transition to Solana blockchain to accommodate the rapid growth of the network
Helium core developers have recently made a bold move as they have proposed to ditch Helium’s native blockchain and transition the network to Solana to accommodate the rapid growth of the network. The transition to Solana is part of the Helium Improvement Proposal 70, which has been presented to the public and the Helium governance community on Tuesday, August 30. Besides moving to Solana, the HIP 70 also includes two protocol tweaks, which aim to minimize Helium’s need for on-chain processing, these are moving Proof-of Coverage and Data Transfer Accounting to Oracles.
Helium developers have proposed HIP 70, which would move PoC and Data Transfer Account to Oracles. This simplifies Helium's blockchain needs, improving scalability, speed, and reliability. It also allows for more rewards for miners and a move to Solana. 👀 https://t.co/ZFSWmwYn8fpic.twitter.com/ztnahzGAet
The Helium developers believe that “improving operational efficiency and scalability” of the network is of crucial importance if they want to attract “significant economies of scale” to the network. The governance vote on HIP 70 will start on September 12 and end on September 18. The proposal to migrate to Solana comes after Helium’s native token lost almost 90% since the start of the year. However, if HIP 70 gets approved, the move to Solana blockchain could spark some positive HNT price activity. In addition, operating in a more scalable ecosystem will allow Helium to keep up with the growing number of hotspots and users in the future as well.
2. Kava (KAVA)
Kava is a high throughput Layer 1 blockchain developed by Kava Labs. It is designed to use an innovative blockchain architecture of two co-chains working side by side to create a unified scalable network and facilitate a myriad of decentralized finance (DeFi) use cases. Kava’s own Tendermint consensus engine combines Ethereum’s smart contract capabilities with Cosmos’ interoperability to facilitate transactions for thousands of supported decentralized applications. To achieve cross-chain communication and asset transfers, the Kava ecosystem utilizes IBC Protocol and ChainLink’s decentralized blockchain oracle network. Kava Labs have also established close partnerships with industry leaders such as Binance, Kraken and Ripple. The platform’s native token KAVA is used to transfer value on the network and plays a key role in the governance of the blockchain.
Kava 11 mainnet launch date revealed – the update is going live on September 8
According to a recent announcement, Kava 11 mainnet is launching on September 8, 17:00 UTC. The revamped version of the Kava protocol brings several liquidity improvements, including introducing support for Kava EVM assets in Mint and Lend products, the launch of Kava Earn Yield Optimizer and rolling-out a feature that will allow users to Sign SDK transactions for Ethereum assets in a single Metamask Wallet. But that’s not everything yet! Kava 11 will also introduce liquid staking, a feature that will allow KAVA stakers to earn them additional rewards on top of their normal staking rewards.
JUST CONFIRMED: Kava 11 set to officially launch on Sept 8 17:00 UTC.
Kava is known for its continued development as Kava 10 got deployed only a few months back, this is in May this year. The high-paced development will apparently continue in the future as Kava users can expect two additional developmental milestones in Q3 2022. According to the project’s roadmap, the developers are soon going to launch the ETH bridge, which will allow ERC-20 assets and ETH to be seamlessly utilized on the Kava Network and vice versa. The team also plans to launch the Kava Foundation, a non-profit organisation that will serve as an advisory body to the Kava DAO and its community, this quarter. As you can see Q3 2022 is going to be packed with Kava-related events.
1. BNB (BNB)
BNB (BNB) originally launched as Binance Coin in 2017 as an ERC-20 token sold through an initial coin offering (ICO). In April 2019, the Binance Chain was launched, and all the existing ERC-20 tokens were replaced with the BNB coin, which became the native cryptocurrency of the new blockchain. Binance Chain is still completely centralized, with Binance having complete control of block management. Binance users who utilize BNB to pay for trading, withdrawal and listing fees enjoy discounts. While this used to be pretty much the only use case of BNB, the coin has a far greater utility now as it allows users to pay for gas fees, earn cashback on Binance Visa card purchases, stake BNB and participate in liquidity pools and other DeFi activities. BNB is also used to determine eligibility to participate in Initial Exchange Offerings (IEOs). In addition, the Binance ecosystem keeps expanding, which means that new products and services are regularly added.
BNB showed more resilience than the majority of crypto assets in the most recent bear market
Historical price data shows that BNB has shown significantly more resiliency to the latest bear market than most top digital assets. While Bitcoin, for example, lost almost a third of its value during the last 3 months, BNB is down by only 8% in the same time frame. Furthermore, BNB bounced by over 50% from its June yearly low. The Binance Coin’s defying price action is likely as a result of growing BNB Smart Chain activity and Binance’s stature as the largest crypto exchange. According to Arcane Research no other cryptocurrency exchange comes near Binance, which attracts more than 300 million users in a 90-day period.
Binance is by far the most visited crypto exchange, seeing 300m visits in the last 90 days. Coinbase is the second most visited exchange.
Interestingly, there’s barely any overlap between the most active countries visiting the exchanges. pic.twitter.com/86NYD9IQFD
In addition, Binance is still adhering to the accelerated BNB burning program, where a portion of the exchange’s profits are allocated to purchase BNB and forever remove it out of circulation. Besides quarterly BNB burns, a small portion of each BSC Chain transaction fee is also forever destroyed. Both mechanisms ensure that the amount of BNB in circulation is decreasing. In other news, BNB Beacon Chain (BEP2) Mainnet recently underwent the “Godel” Upgrade. This Binance-supported hard fork that was executed on September 2, deactivated the DEX module on the Beacon Chain as all AMM protocols have been running smoothly on the BSC. Binance noted that this will give leave Beacon Chain “more computing power for future computing and governance focuses”. Was that a hint that new features are coming to the BNB Beacon Chain?
While images and videos are the first things that come to mind when thinking about NFTs, music can also be represented and sold in the NFT format. Musicians now have an opportunity to profit from blockchain technology as metaverse concerts become increasingly popular. Building a digital fanbase, streaming your music, and selling exclusive collectibles can all provide a solid income.
However, the information about that is limited as of today. So in this article, we gathered everything you need to know about NFTs in the music industry. How to create music in an NFT format, how the metaverse impacts the niche, and how you, as a musician, can benefit from the global NFT ecosystem.
What are music NFTs?
Music collectibles follow the same technical principles as standard NFTs. From a non-technical point of view, music NFTs include a unique song as well as a visual component. They function similarly to ‘regular’ NFTs, where you can be the owner of the link in a database, where your digital art piece is stored.
Although purchasing a song that you can immediately listen to on a marketplace like Spotify may appear unusual, the advantages of owning music NFT cannot be underestimated. First and foremost, by purchasing a musical NFT, you are encouraging artists by providing them with monetary compensation for their efforts. It fosters a sense of mutual benefit between the artist and the fans. In addition to that, you can also receive a royalty fee from album sales.
The primary focus of music NFTs switches from visual to audible value, as does the customer’s interest. Musical collectibles are frequently cheaper and more available for fans due to a lack of general adoption among NFT communities. To attract more potential buyers, musicians design package offerings that provide real-world benefits to the customer. DJ 3LAU, for example, has auctioned off his music NFTs, with tangible vinyl recordings attached to each token.
To get a sense of how creative and unlimited music NFTs can be, check out the Metagirl collection by Sammy Arriaga. ‘1500 Digital Hearts pumpin’ to the beat of METAGIRL’, — is the official description of the artwork.
Interesting trends of music NFTs
To recap, the music NFT is a non-fungible token, usually minted on the Ethereum blockchain, that confirms your ownership of the given audio and visual assets. But did you know that there are 2 types of music NFTs? The first one is developed manually by human artists, while the other one is generated by AI algorithms from the initial human-made samples.
Either way, music NFTs provide real-world solutions to many problems. Imagine you listen to a song on Spotify and you want to purchase it for your project. Up until the rise of music NFTs, it just wouldn’t be possible. The value of music NFT is that you receive a royalty fee from album sales and, in most circumstances, full intellectual property rights to the given song. You can now incorporate it into your works without fear of violating copyright rules.
But how can the typical fan afford something as pricey as a Snoop Dogg or Marshmellow single? If the masterpiece is beyond your financial reach, fractional ownership may be an option. You can acquire a percentage of a piece of music, say 5%, and receive royalties based on your share.
Note that music collectibles come in a variety of sizes and shapes. As with traditional NFTs, some projects and names focus solely on the digital market, while others see it as a source of additional revenue for their existing non-blockchain career. But what we can see is that the trend of music NFTs is only in its early stage, so most probably it’ll stay with us for a while.
Music NFTs in Metaverse
The Metaverse has significantly changed the way we see the art and entertainment industries. Music is no different. Nowadays, well-known performers such as Justin Bieber, Travis Scott, and Young Thug are venturing into the metaverse to perform virtual concerts.
You can recreate a real-world concert experience in great detail by merging 3D animation and high-quality music. Because a VR concert is still a novelty, there are numerous experiments underway. Initially, performers attempted to hold pre-recorded concerts, but trends changed quickly. The emphasis is now on the live experience and the feeling of genuine involvement.
Justin Bieber’s concert in the Wave metaverse was a game changer, with the performer employing special equipment to sing in front of a live audience. The viewers may react and actively interact with the performer throughout the show, exactly like in a live concert.
A VR concert may sound exciting, but what are the benefits for the artist? In this case, numbers speak volumes. For example, Travis Scott reportedly earned $20 million for his VR concert, which lasted only a few minutes. In comparison, his AstroWorld Tour, which spanned nearly four months, earned him roughly $50 million. That is the metaverse’s power on full display.
Metaverse concerts are a good source of revenue for artists and a respectable PR venue, but how can this experience be valuable to the fan? The events in the metaverse are usually inexpensive, if not fully free. It means you may encourage your ‘idol’ voluntarily, within your financial capabilities. Also, you don’t have to leave your house to see your favorite singer play. Metaverse performances transcend time and space. Sounds awesome, right?
Consider how convenient it would be to attend a concert by a musician from another country while paying barely anything. It’s now entirely possible with the metaverse, and there’s no need for long, tiring, and unsustainable flights.
Don’t get me wrong: metaverse performances aren’t musical NFTs. They do, however, assist artists in gaining a following and forming a community. Metaverse performances, in general, increase the crypto community’s exposure to music and stimulate interest in music collectibles in general.
Technology that empowers the artists?
The great majority of the most notorious ‘beefs’ in music history have been between musicians and music labels. The barbarous greediness of labels is indeed the primary source of such a large number of disputes. Consider for a moment that an average label may take up to 90% of an artist’s revenue. It’s objectively unfair.
As a result, we can confidently state that music NFTs and Web3 labels benefit music in its broadest sense. They remove authority and money from obsolete institutions and give it back to artists and fans. Right where it belongs.
Bankrupt crypto lender Celsius has motioned the New York bankruptcy court to allow users to withdraw money from Custody Program and Withhold Accounts
Out of the total $225 million in Custody and Withhold accounts, only $50 million are eligible for release
The price of Celsius’ native token CEL rallied 25% following the news
Celsius filed a motion with the New York bankruptcy court to release $50M in digital assets to users
Celsius, a centralized crypto lender that filed for bankruptcy in July, has filed a motion with the United States Bankruptcy Court for the Southern District of New York that would see certain customers gain access to digital holdings they had deposited on the Celsius platform.
Recall that in June, then-strapped for cash crypto lender froze user withdrawals to prevent a substantial outflow of funds that could prevent the company from undergoing a comprehensive restructuring. At the time, Celsius said the move was necessary to protect users, creditors, and the company itself.
Now, roughly three months after the initial debacle, Celsius is trying to make good on at least a part of the funds its customers are owed. While Celsius legally exercises ownership over funds deposited in Earn and Borrow accounts (accounts that facilitate crypto earning and borrowing services), the funds in Custody Program and Withhold accounts are likely legally owned by users.
As of September 1, the total amount of funds deposited in Custody accounts is $210 million, according to the court filing. Approximately 58,300 users have the claim over said funds. In addition, about 5000 users hold assets in Withold accounts, worth roughly $15 million.
However, out of the total amount, only about $50 million has been made eligible for distribution, according to prominent Bitcoin investor Simon Dixon.
#Celsius currently stating that those that were moved to custody 90 days before filing should be withheld. Custody is now $210m & they want to release $50m. They want to reserve the rest for clawbacks. They believe all earn funds belong to #Celsius 🤮 OPINION This is illegal bank https://t.co/efGb3XPU2b
Per Dixon, Celsius claims that funds moved to Custody 90 days before the court filing “should be withheld.” The remainder of funds, Dixon believes, is being retained for clawbacks.
While the move by Celsius has received mixed reactions from the broader crypto community, investors apparently saw the move as a bullish sign – the project’s native cryptocurrency, CEL, rallied by 25% to $1.51 in the last 24 hours. The token is still trading far beneath its ATH of $8.01 the token reached last June.
Ticketmaster and Dapper Labs’ Flow have reached an agreement that will allow event organizers to issue unique NFT content
Flow is an NFT-focused blockchain powering popular products like NBA Top Shot, UFC Strike, and NFL All Day
The collaboration between the two companies will kick off with 70,000 NFT tickets issued for Super Bowl LVI
Dapper Labs’ Flow blockchain allows Ticketmaster users to issue NFTs
US ticket sales and distribution company Ticketmaster has announced a team-up with Flow (FLOW), one of the leading NFT-focused blockchains in the crypto sector. The collaboration will enable Ticketmaster event organizers to issue non-fungible tokens (NFTs) tied to live events, according to a press release.
Founded in 1976, Ticketmaster is one of the largest companies of its kind in the industry – in 2018 alone, the company sold 500 million tickets for more than 400,000 events. That same year, Ticketmaster acquired UPGRADED, a business that deals with converting real-life tickets into digital ones, using blockchain technology.
The collaboration between Ticketmaster and Flow is slated to kick off with Super Bowl LVI, with 70,000 unique ticket NFTs commemorating the event. Each digital collectible will contain its owner’s seat number.
Beyond Super Bowl, the collaboration between the two companies will extend to more than a hundred games during the 2022 football season, with the NFL offering “Flow-minted NFTs to every attendee at more than a hundred select games during the 2022 season, including at least three home games for all 32 clubs.”
Dapper Labs, the company behind the Flow blockchain, NBA Top Shot, UFC Strike, and NFL All Day, has reached several important milestones in recent weeks. In early August, Instagram announced it had selected Flow as the underlying network for its NFT features. In mid-August, Dapper Labs opened up access to NFT All Day Beta, giving users the option to collect NFTs representing licensed content from the professional sports league.
Helium developers have published a proposal to move the network to Solana
The proposal comes off the heels of rapid network growth, which has led to scalability problems
The price of HNT decreased more than 14% in the last 24 hours
Helium developers are seeking move to Solana to accommodate “unprecedented growth”
Earlier this week, a group signed as “Helium Core Developers” proposed a radical change for the Helium network. Published on the GitBug repository on Wednesday, HIP 70: Scaling the Helium Networkcontains the motivation and an outline of the network’s proposed migration to the Solana blockchain.
The latest Helium Improvement Proposal (HIP) comes off the heels of “unprecedented growth” for Helium, which is quickly nearing 1 million hotspots deployed around the world. The developers said that due to the rapidly increasing number of users, most of their time had been spent on scalability improvements.
The Helium community is building a worldwide Long-Fi network of connected IoT devices. Image source: Helium
The developers said “Reliable Data Transfer activity” and “Reliable Proof-of-Coverage activity” are the two most important goals of the Helium Network. However, both primary objectives have been negatively impacted in the recent past due to increased network activity.
The move to Solana will see the launch of Proof-of-Coverage Oracles, which will reduce the complexity required for operating a blockchain that supports the Helium Network. “Through these actions, we believe we can allow for more reliable data transfer and more consistent and predictable Proof-of-Coverage activity,” noted the developers.
The developers also highlighted the fact that the migration to Solana would enable owners of Helium tokens – HNT, DC, IOT, and MOBILE – to use decentralized applications (dApps) deployed on the Solana network. The developers explained:
“Although there are some concerns, we believe that this is the best move forward in order to scale the network, align incentives to Hotspot owners, and enable HNT, IOT, and MOBILE holders more utility in the future.”
The voting will start on September 12 and end on September 18.
The price of Helium’s primary utility and rewards HNT token plunged by more than 90% to $4.7 since its November’s all-time high. The token lost 14% in the last 24 hours, likely due to the Solana migration proposal.
Founded in 2021, Mintology is launching a new concept to the market this year, allowing brands of any size to connect with customers, fans and prospects by giving away NFTs at no cost. The NFTs are used as a claimable and marketing tool.
The initiative was launched alongside the largest global NFT conference, NFT NYC. At the conference, some of the largest players in the NFT world show off their various products. Mintology believes there to be three reasons compelling why brands will be receptive to engaging with NFTs:
It’s the fastest growing technology sector right now
Engaging with NFTs helps connect with the new generation growing up with the blockchain
Giving away free NFTs is now economically viable
“We believe every company will have an NFT strategy which they will use to engage with their fans and customers. NFTs will have as important an impact as social media was for business,” says Jason Solis, The General Manager of Mintology.
Mintology’s brand platform will make it viable to give away thousands of NFTs for free, something that was not previously possible due to network fees. Mintology’s platform will also eliminate the need for users to download a crypto wallet in order to participate.
To claim an NFT, all users will have to do is scan a QR code. This will direct them to a landing page where they can collect the NFT. A Facebook account or Google account can be used to authenticate, with a wallet and Mintable account automatically generated. The NFT will then appear in the wallet and account.
Mintology’s new platform eliminates the cost and inconvenience of the minting process by providing gas-free minting on the Ethereum mainnet. This will enable brands to give customers free NFTs by keeping costs as low as $1-2 per mint. Mintology’s Claimable NFT Platform provides a fully managed service including QR Code Scanning; Dedicated Landing Page; Hosting Solutions; Minting; Wallet Solution; Store on Mintable Marketplace.
https://www.youtube.com/watch?v=3rHSt6dxTok
About Mintology
Mintology is powered by Mintable, the next-generation mass market for NFTs. Mintable was the first company to pioneer gasless minting on Ethereum using its state-of-the-art technology. Users can set up an account easily on Mintology and simply pay for what they use.
New crypto tokens will take over the market in 2022. But, if the second quarter taught us anything about the cryptocurrency market, the euphoria is far from over, and this year may be another record-breaking one.
However, Bitcoin (BTC) and Ethereum (ETH) are not the only currencies at stake. Numerous cryptocurrencies have a good chance of causing a market shakeup this year and delivering investors with multi-bagger returns in 2022.
Investing in Wrapped Bitcoin (WBTC), FTX (FTT), and Rocketize (JATO) makes excellent sense if you’re seeking cryptocurrencies with the potential to expand in an oversaturated market.
Let’s examine why these three digital assets are poised to provide investors with outsized rewards over time.
The Top Coin In a Bundle
Wrapped Bitcoin (WBTC) is an Ethereum (ETH)-based ERC-20 currency that functions as a Bitcoin (BTC) alternative. WBTC’s integration with Ethereum wallets, decentralised apps (dApps), and smart contracts is a significant advantage.
Through a WBTC partner, 1 Bitcoin may be traded for 1 Wrapped Bitcoin, and vice versa. WBTC was created to allow Bitcoin owners to participate in Ethereum’s popular DeFi apps.
This interoperability feature allows crypto holders to take a more active role in decentralised apps, increasing the liquidity of smart contract platforms.
According to CoinCheckup, WBTC is presently trading at $20,000 and has delivered an ROI of 1,033% to early investors since its launch, making it a rapidly rising DeFi currency.
Exchange of the Future
FTX (FTT), along with Binance, Uniswap, and Crypto.com, is a cryptocurrency exchange that offers its native token, FTT, which has established itself as a real top-30 cryptocurrency.
The FTT Token is the primary token on the FTX cryptocurrency exchange, and its holders are rewarded with discounts and other incentives.
The FTX exchange and Web3 Ladies, a collective movement dedicated to promoting technology among women, have officially signed a formal agreement to collaborate on “WomenWhoCrypto,” a new campaign that will foster greater acceptance and onboarding of African women into the crypto-verse.
The price of the FTT Token is projected to rise as FTX expands across Africa and adds support for fiat currencies.
Make it to the Moon?
Rocketize (JATO) is a new cryptocurrency token available for purchase during the presale period. If you want to buy this coin, try to buy in large quantities during the presale period, as it offers additional bonuses and other attractive deals.
The JATO Token will be utilised inside the Rocketize ecosystem presently being constructed. It is a decentralised project, which means that JATO Token holders will have a role in the project’s destiny. Every transaction will be subject to a 2% tax, half of which will be remitted to JATO Token holders.
Rocketize’s community will be called “Atomic Nation.” While the JATO Token will use meme communities to generate excitement for the currency, it will also strive to form alliances and implement robust utilities for its ecosystem.
The Rocketize platform will be used to create memes, graphics, animation, films, podcasts, creative and instructional material, special events, raids, and open forums like voice chats, AMAs, and Twitter spaces. The platform will also enable NFTs and will eventually construct a marketplace model.
The Rocketize Token is based on a deflationary system, and the supply will be lowered over time by implementing a burn mechanism. This, in turn, will benefit the JATO Token’s long-term price prospects.
During the presale period, a bonus component is available. If users choose Ethereum (ETH) as their payment option, they will get an 8% incentive. A 12% bonus will be paid to the user’s account for using BNB Tokens. If a person registers and completes the transaction within sixty minutes, they will get a 60% incentive.
In our daily life, the quest to make more money is inevitable as we constantly need to take care of our needs and aid with the high cost of living crisis. This has driven many people to work more than one job/business or look for ways to have multiple streams of income. Undoubtedly, money is never enough, and as humans, we know that many uncertainties require us to keep making more money. You might have been wondering how to add another channel to your income source, and you’re probably not looking in the right places, hence, missed several opportunities. However, the cryptocurrency market presents another rare opportunity of multiplying your income streams via Big Eyes Coin (BIG), Polkadot (DOT), and Decentraland (MANA), which could increase your financial strength.
Over time, cryptocurrency has made several people wealthy. Cryptocurrency in the digital market has gradually experienced exponential advancement since it was introduced to the digital world. Experts believe that as the world evolves towards approving cryptocurrency as a medium of exchange, the massive income and benefits they provide cannot be undermined. However, in light of the current condition of the cryptocurrency market and the that some cryptocurrencies are still developing, choosing which cryptocurrency to buy into can be quite challenging. A coin that has been around for a while may seem safer to traders, but what if the coin they feel confident about does not have the staying power to last any longer?
This is where the new cryptocurrency, Big Eyes Coin (BIG), comes in. It is not far away from your reach.
Polkadot (DOT): The Rising Coin To A Stable Income
Polkadot (DOT) is relatively considered a new cryptocurrency. Though not on the top of the cryptocurrency list, it is gradually rising in rank and has the potential that it is a threat to other high-ranking cryptocurrencies. DOT is the name of its native token. It has a blockchain that stores information in a way similar to a database; this gives its traders easy access to a wide range of information about the currency within a short period. Its blockchain technology helps it store data to create visibility and transparency for its traders. Also, its records are not editable, so Polkadot (DOT) cannot be easily hacked. DOT offers basic abilities to its traders compared to other coins, allowing it to complete more complex tasks.
Polkadot (DOT) is suitable for trading because it offers a Para chain, these are short parallel chains, a series of blockchain connected which enables traders who trade in DOT to carry out a fast transaction. These multiple chains running simultaneously leave little chance for network overload. Moreover, Polkadot (DOT) developed strategies for its network to interact with another blockchain. This flexible blockchain increases its ability to serve its traders better. It is very interactive, thereby gaining the interest of traders who want multiple sources of income around the globe. Developers outside Polkadot (DOT) can link blockchains to their system and create entirely new blockchains. This innovation has attracted more traders because no one wants to be left out of this new technology.
Decentraland (MANA) Could Help Increase Your Financial Strength
Recently, metaverse tokens have been a bang for traders, even up to date. Several traders have noticed what the metaverse offers since Zuckerberg came out about pivoting his plans into “Meta.” Since then, Decentraland (MANA) has skyrocketed in popularity and price, and it is presently one of the biggest metaverses. This cryptocurrency offers what traders would see as financial resolution. Developers are taking after Decentraland (MANA) and creating decentralized games built into cryptocurrencies because gaming is quickly becoming a vital part of cryptocurrency. But, with Decentraland (MANA) being one of the first and still striving, it points it out as an excellent cryptocurrency to trade in.
MANA is the token that controls one of the oldest experiments in the game ecosystem. It combines blockchain and virtual reality. It started in 2016 as 2D and later developed into the 3D world of art and customizable art. The platform also adopts the use of Non-fungible-Tokens (NFTs), which are potentially easy to trade digital assets stored on the blockchain. The assets include 90,000 plots of land in the game, each represented by an NFT. This is a significant attraction to traders because it can make you a virtual real estate mogul by buying cheap land NFTs and selling them for profit, thereby increasing a trader financially. Traders can drive the value of their lands and make more for them by adding improvements or fun activities.
By becoming the most popular cat community-led meme coin in the world, Big Eyes Coin aims to counter the trend of dog-based meme coins. It aims to redistribute wealth around the community and provide BIG holders the chance to become financially independent. Furthermore, Big Eyes Coin is a coin for nature and the people. The platform will reserve a certain number of tokens donated to organizations that work to clean up our daily pollution and restore the oceans. Big Eyes Coin’s benevolent character will benefit the community where the token will be regulated. During their inaugural NFT live event, Big Eyes Coin (BIG) will issue a limited quantity of unique NFTs to the community and token holders and incorporate NFTs into the Big Eyes ecosystem. Big Eyes will make it possible for minting features and the community to influence the NFT market later in the roadmap.
How To Buy Big Eyes Coin (BIG)
To multiply your source of income via Big Eyes Coin (BIG), you will have to join the wealth-creating realm by buying the Big Eyes Coin (BIG) on the Big Eyes website. It would help if you linked your MetaMask or Trust wallets to make purchases, which can be made by exchanging ETH or USDT. Alternatively, Moonpay allows you to make purchases directly with your debit or credit card after linking your wallet.
Tokenomics
Tokenomics or Cuteomics, as stated by the Big Eyes Coin (BIG) whitepaper, has sound foundations and is distributed based on merit. 70% of the 200,000,000,000 tokens are made available to the general public during the presale. After the presale, 20% will go toward exchanges, 5% toward marketing, and the remaining 5% will go to charity.
Big Eyes Coin (BIG), which only launched last week, has raised over $1 million in its presale and is expected to be one of the best-performing presales. The project has been getting attention from various parts of the ecosystem, and a community that believes the protocol will be the next top-performing meme coin is blooming rapidly.
Given the swift success, the founders envision raising $50 million through a presale, with individuals who sign up first enjoying a low, set token price. Do not miss this rare opportunity of multiplying your streams of income!
