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The major aim of cryptocurrencies is to increase the adoption of blockchain technology and they do this by developing new use cases. Bitcoin started with finance and was able to completely revolutionize the financial industry.
Other cryptocurrencies have gone on to develop projects useful for industries other than finance, such as gaming and art.
This article talks about three major cryptocurrencies expanding the adoption of blockchain technology.
Big Eyes Coin (BIG) is a highly anticipated project that's scheduled to be launched into the open market by the end of 2022. While in the seventh stage of its pre-sale, the token has raised over 11 million dollars, making it one of the few meme tokens in history to do so.
The project is built on the popular Ethereum (ETH) Blockchain and holds a lot in store for its users. With various DeFi options available on the Ethereum (ETH) Blockchain, Big Eyes Coin (BIG) will connect its users to form a community. The name of the token has origins in its anime-styled mascot which is a digital image of a cat with big eyes.
The Big Eyes Coin (BIG) project will have a total supply capped at 200 billion BIG tokens, with 90% available for purchase after launch and 5% contributed to charities involved in marine life and ocean preservation projects. The project also promises users that, unlike other community-centred projects, it will not impose a buy or sell tax fee on them.
The BIG token has passed its smart contract audit and enthusiasts believe the token will bring in attractive profits filling its launch.
Stellar (XLM) is an open-source payment technology that aims to reduce the cost and time for international transactions by bridging the gap between financial institutions. Stellar (XLM) is similar to the Ripple (XRP) network with their consensus mechanism and state of their source code being the difference.
The Stellar (XLM) network operates on a distributed ledger with decentralized servers that do not depend on miners. Instead, the network makes use of quorum slices through Federated Byzantine Algorithm (FBA) to quickly process, validate and approve transactions.
Stellar's (XLM) transaction approval process is really fast due to transactions are considered approved once every node in a set approves it. Stellar (XLM) helps in international fund transfers as the process is complex. It requires account maintenance by centralized domestic banks.
Cross-Border transactions also involve lengthy processes including account reconciliation and conversion but with the Stellar (XLM) Blockchain and Lumens or XLM token, the whole process is shortened or outrightly eliminated.
Shiba Inu (SHIB) is a meme token based on the Ethereum Blockchain that has proven to be more than just an entertaining project. Being on the Ethereum (ETH) Blockchain, Shiba Inu (SHIB) users have access to the full security and other features that come along with the largest DApps platform in the market.
Shiba Inu (SHIB), as well as some other meme tokens, uses a similar dog-themed brand as Dogecoin. The meme token, out of many others, has been the only token to challenge Dogecoin in terms of popularity and functionality and has been coined the 'Dogecoin Killer'.
The Shiba Inu (SHIB) ecosystem supports several Blockchain utilities including smart contracts and allows its users to stake to earn passive income. The ecosystem also supports Non-Fungible Tokens and has a DeFi platform called ShibSwap where users can securely trade cryptocurrencies in a decentralized manner. There are three tokens on the Shiba Inu (SHIB) platform, SHIB, BONE, and LEASH with SHIB being the most prominent.
Big Eyes Coin (BIG), Stellar (XLM), and Shiba Inu (SHIB) are already being noticed by major individuals and organizations. These tokens will no doubt outperform others in the market and make the vision of complete decentralization a reality.
To get involved today, click the links below. Big Eyes Coin is also offering big bonuses, just use the code BCUTE321 to access them!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
