Big Eyes

Decentraland, Polkadot, and Big Eyes Coin: Three Cryptocurrency Projects to Watch

Sep 11, 2022, 9:34AM
3 min, 20 sec READ
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The crypto market is volatile due to the downward price trends caused by the bear market, which severely affects the price of crypto tokens.

The cryptocurrency market is volatile due to the downward price trends. This has been caused by the bear market, which severely affects the price of crypto tokens. Investors are moving their capital out of the ecosystem to avoid being liquidated to stay afloat. This would ensure that investors can manage their capital efficiently without losing money in this volatile market. 

Additionally, investors can wait till the current market cycle becomes positive, and they can safely re-enter the market. Alternatively, investors can buy the dip on various cryptocurrency projects as they are currently trading below their actual value. Before any investments are made, users need to conduct thorough research into the projects as this would prevent them from investing in duds or poorly conceived projects. 

When conducting research, use cases, tokenomics, and fundamentals are three important areas you should always consider before purchasing any crypto tokens. Three cryptocurrency projects investors should watch are Decentraland (MANA), Polkadot (DOT), and Big Eyes (BIG). These three projects possess the fundamentals, use cases, and tokenomics that make them a good choice. Here is a brief of each project. 

Decentraland (MANA)

Decetraland is a metaverse and crypto community platform built on the Ethereum (ETH) blockchain. Additionally, its MANA token uses the ERC-20 token standard. Decentraland is an open metaverse where users can interact, game, build communities, attend events and perform other social activities. Furthermore, Decentraland is an immersive experience in a 3D world where users can feel fully involved in their communities. It creates a sense of belonging and allows users to feel comfortable in the metaverse. Finally, users do not need to create a profile to use Decentraland, as they can create a guest profile to access the metaverse. 

MANA is the transaction token of the Decentraland metaverse. Users can exchange, swap, and purchase various items using it. In addition, purchased items in Decentraland are owned by the users and can be taken off the platform if necessary. Decentraland is creating an inclusive metaverse in an environment where players can form bonds and create decentralized communities.

Polkadot (DOT)

Polkadot (DOT) is a multi-chain protocol built to connect and secure blockchains in the crypto ecosystem. It facilitates the transfer of data across blockchains and allows full interoperability. Furthermore, Polkadot supports the full transference of all blockchain data and assets across chains and is not limited to tokens. All digital assets and data that are transferred seamlessly via the Polkadot network are secured, and there is zero data loss during the process. Polkadot wants to be the infrastructure layer of the decentralized and new internet- Web3.

Polkadot is a meta protocol (also known as Zero layer protocol) that links various layer 1 blockchains together. The Polkadot protocol updates its codebase without creating any forks based on votes passed by its community. Additionally, DOT is the native token of the protocol, and it performs various functions within it. Polkadot will change how builders and users approach interoperability, aiming to create a new standard for transferring assets cross-chain.

Big Eyes (BIG)

Big Eyes (BIG) is a Defi community token that aims to funnel liquidity into the ecosystem. It wants to do this by making its BIG token accessible to its users. It would also increase the Hyper Growth of NFTS by incorporating them into its ecosystem. The project will stand out by ensuring its users are well immersed in its ecosystem, and it will create utilities that would make it different from other community tokens. Big Eyes is a full community project as 90% of the token will be available for purchase at launch. 

With this community-driven approach, it is easy to see how these projects will change the NFT and DEFI ecosystem. You can join the ongoing pre-sale to be an early pioneer in the project. You can enjoy many bonuses from the pre-sale, and bonuses can stack.

Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.