Ethereum (ETH), UNUS SED LEO (LEO), and Big Eyes (BIG): Cryptos Everyone’s Looking at Right Now

The crypto market is overly saturated with thousands of different cryptocurrencies currently available. With such a high number of strong competitors, it is even more difficult for new projects to establish themselves in the industry.

However, some new tokens bring unique opportunities to the crypto market, thus making them more appealing to crypto enthusiasts. One of such is the new community token Big Eyes (BIG) which aims to become as well-known as the crypto giants Ethereum (ETH) and UNUS SED LEO (LEO).

What Does Big Eyes (BIG) Offer To The Crypto Community?

The new community tokenBig Eyes (BIG) brings all it has to offer and hands it all to its community. The project will provide multiple incentives for the members, including tax-free shopping and a dedicated charity wallet.

Big Eyes wants to protect the world's ecosystem while also designing a wealthy decentralised finance (DeFi) ecosystem for its community members. The dedicated charity wallet will ensure that the donations are going to ocean sanctuaries and additional profits from merchandise can also be added to the donations.

90% of the BIG tokens are reserved for the community and will be available at the time of its public launch. 10% of the remaining tokens will be split between the project's charity wallet and the marketing fund.

NFTs will play an important role in the token's ecosystem. Big Eyes will hold NFT events each season. The project also has a significant objective for its NFT collection to be in the top 10. BIG token holders will have exclusive access to become members of the Big Eyes Sushi Crew NFT club.

What Changes Will The Upcoming Ethereum (ETH) Merge Bring?

The second-largest cryptocurrency on the market, Ethereum (ETH), is the most popular blockchain network for the creation of decentralised applications (dApps). However, due to its use of a proof-of-work (PoW) validation system, it is also extremely energy-consuming. Ethereum's massive user base has also caused it to be slow and expensive.

These issues will be solved by the upcoming merge to a proof-of-stake (PoS) consensus mechanism. The new system is expected to perform much faster and be more energy-efficient than the previous proof-of-work model.

The upcoming merge should also significantly reduce Ethereum's carbon footprint by an impressive 99.95%. Its extensive power consumption has been one of the biggest criticisms received by the crypto community.

The merging of the Beacon Chain with the mainnet Ethereum will not change the day-to-day functioning of the blockchain but will add a consensus layer to the system, thus enabling the change to the validation process.

What Is Unique About UNUS SED LEO (LEO)?

UNUS SED LEO (LEO) is a utility token employed across the iFinex ecosystem.

Bitfinex customers can save money on trading costs by using cryptocurrency. The amount of the discount is determined by how much LEO the user has in their account, and the savings are divided into three tiers.

UNUS SED LEO was established in May 2019 – and, unlike many other cryptocurrencies, it is not intended to exist forever. Because of the token burn mechanism, iFinex is committed to purchasing UNUS SED LEO from the market monthly. The process will continue until all 100% of the tokens are redeemed.

Unlike certain cryptocurrencies, which are only available on one blockchain, LEO tokens are available on two. While Ethereum had 64% of the initial supply, EOS held the remaining 36%.

For more information visit:

Big Eyes (BIG)

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Instagram: https://www.instagram.com/BigEyesCoin/