The crypto industry has come a long way since its beginning with the Bitcoin (BTC) launch in 2009. By the beginning of August 2022, there were over 20,000 cryptocurrencies, which will keep increasing as multiple new cryptocurrencies are launched weekly. In this crowd of cryptocurrencies, a lot are completely worthless, but some have shown staying power and have weathered all the storms they have faced. Now, a new cryptocurrency wants to show the industry the true power of meme coins and join the biggest players in the industry. Two examples are Theta Network (THETA) and VeChain (VET). Big Eyes Coin (BIG) has arrived, and it wants to do big things for decentralized finance (DeFi) and the crypto industry.
What is Theta Network (THETA)?
Theta Network (THETA) was built to revolutionize video streaming through blockchain technology. Because of the pandemic, the streaming industry skyrocketed, with services like Netflix breaking their revenue records in 2020 and 2021 and Disney Plus enjoying an 85% revenue increase in 2021. Theta Network (THETA) aims to provide users with an improved streaming experience at a fraction of the cost of the competition.
Theta Network (THETA) was founded in 2017 by Mitch Liu and Jieyi Long, the oldest decentralized streaming platform. Theta Network (THETA) has secured partnerships with some of the biggest media companies in the world. These include ONE Championship, Con TV Anime, World Poker Tour, and more.
How Does Theta Network (THETA) Work?
Theta Network (THETA) network is supported by a distributed network of users who can contribute their unused bandwidth and computer processing power to the network in exchange for TFUEL rewards. The Theta Network (THETA) works with two tokens. These are the THETA token used for governance voting on the platform and TFUEL used for all other transactions.
Theta Network (THETA) reaches consensus using Multi-Level Byzantine Fault Tolerance (BFT), which is a modified version of the proof-of-stake (PoS) consensus mechanism. BFT speeds up the approval process by using a small subset of nodes, and because of this, it works faster than the traditional proof-of-work used by the biggest cryptocurrencies in the industry.
The Future of Theta Network (THETA)
THETA was launched with an initial price of $0.12, and after the ICO ended in January 2018, it started trading at $0.17. It reached $0.33 in the same month but fell all through 2018 with the rest of the crypto market and settled at $0.05 at the end of that year. It began to climb back in 2019, and by February of that year, it had reached $0.20. THETA had some ups and downs but maintained a generally upward trend, and it hit $1.86 at the end of 2020.
In April of 2021, THETA reached its all-time high of $15.90 with a market cap of over $14 billion.
A revolution is needed in the streaming industry, and Theta Network (THETA) is the cryptocurrency that can bring it to the people. Like the rest of the crypto industry, THETA experienced a sharp decline in 2022. However, it has fared better than most other cryptocurrencies, and as it has done time and time again, experts expect it to climb back up.
An Overview of VeChain (VET)
VeChain (VET) is a DeFi cryptocurrency launched in 2015 by Sunny Lu. It was initially launched on the Ethereum blockchain, with the VeChain tokens being ERC-20 standard tokens. In 2018, VeChain moved to its blockchain, the VeChainThor (VET) blockchain. VeChain (VET) was built to revolutionize supply chain management.
With VeChain (VET), companies can increase efficiency and solve many of the major supply chain problems they currently face. VeChain (VET) does this through the use of smart chips. These smart chips store data and can transfer it to the network from its sensors. With these, companies can have a good overview of all their shipments. They can monitor incoming shipments and record all details of all their goods down to little details like weight and temperature.
This is all done with a trustless and decentralized system, and users can track and store massive amounts of data that would not have been available to them without VeChain (VET).
VeChain (VET) also works with VeThor tokens (VTHO). These tokens are provided to VeChain (VET) token holders to run smart contracts on the blockchain.
VeChain Price Prediction
Ups and downs are a norm for most cryptocurrencies, and VeChain (VET) has had its fair share of ups and downs. VeChain (VET) is partnered with some of the biggest companies in the world. Companies like BMW, Renault, Direct Imported Goods, and others use VeChain (VET). Because of the services it provides, VeChain has the potential to do well in the future.
By the end of 2018, after the move to the new VeChainThor (VET) blockchain, VeChain (VET) was trading at $0.3. It dropped significantly in 2019, and it was trading at $0.002. However, VeChain (VET) ended 2019 positively. Although it saw its lowest value in 2020, VeChain (VET) has been on the rise ever since, and by April 2021, it reached $0.278, the highest price in a few years.
Like Theta Network (THETA) and the rest of the industry, VeChain (VET) dropped drastically but has been recovering for a while now. Crypto analysts expect it to make a good comeback in late 2022 and ride that momentum to new heights in the years to come.
Presenting Big Eyes Coin (BIG)
Being the newest addition to a very crowded market, Big Eyes Coin (BIG) has its plans to stand out from the crowd and give crypto enthusiasts a reason to join the community. Big Eyes Coin (BIG) is looking to make its mark in the industry by bringing wealth into the DeFi ecosystem, building a loyal, engaging, and active community, and fighting to save the earth’s oceans and aquatic life.
Historically, community-driven projects have been major sources of income for charities and the communities backing them. Big Eyes Coin (BIG) will not be an exception; it puts its community first, so any news concerning Big Eyes Coin (BIG) will get to them first. Regular events will also be with major NFT/token giveaways and rewards for users.
Big Eyes Coin’s (BIG) Tokenomics
Big Eyes Coin (BIG) has no buy or sell tax and has a maximum of 200 billion tokens. 90% of these tokens will be available when Big Eyes Coin (BIG) is launched. Its distribution is:
- 70% will be sold in the public presale.
- 20% will go to exchanges.
- 5% will go to the marketing wallet for Big Eyes Coin (BIG).
- 5% will be held visibly for charity.
NFTs are subject to a 10% tax, and those will be distributed as follows:
- 5% will go to the NFT holders.
- 4% will go to the original seller.
- 1% will be held for charity.
In the public presale, Big Eyes Coin (BIG) had raised $1,194,438.69 by 27th August 2022. Watch out because Big Eyes Coin (BIG) will soon launch on Uniswap.
How to Buy Big Eyes Coin (BIG)
There are just three steps you’ll need to follow.
1. A supported wallet is required. Metamask is recommended, but you can use any wallet that Wallet Connect supports.
Using Metamask with a desktop browser provides a smoother experience. If you have a mobile device, you can connect Trust Wallet to your built-in browser to proceed.
2. Now that the wallet is set up, click “Connect Wallet” and choose the appropriate option. For mobile users, click “Wallet Connect” to add your wallet.
After completing this, you will be presented with three options. You can buy Big Eyes Coin (BIG) with USDT, ETH, or a debit/credit card.
Anyone who wishes to use a card can visit https://www.moonpay.com/buy to purchase ETH. Then, Big Eyes Coin (BIG) can be purchased using that ETH. Those who already have ETH or USDT can purchase Big Eyes Coin (BIG) directly.
It is recommended that all interested users have a minimum of $15 worth of USDT or ETH before attempting a purchase.
3. After the purchase, users can claim their tokens when the presale is over. When the time comes, users can use a pink “claim” button on the homepage to claim their tokens. Towards the end of the presale, more information about this will be available to the community.
It’s time for the new players to have their time in the sun. Big Eyes Coin (BIG) offers too much to be overlooked, and it could be the next Bitcoin (BTC) or even outperform it. Theta Network (THETA) and VeChain (VET) have done good things for the industry, but the time has come for Big Eyes Coin (BIG) to make its mark on the crypto industry and the world as a whole.
To find out more about Big Eyes Coin (BIG), visit the links below: