Since the onset of the cryptocurrency market, several innovations have emerged. Crypto paved the way for projects such as the Non-Fungible Token (NFT) marketplace, trading and blockchain technology. Blockchain technology further birthed an ecosystem that offers a reputable level of security in transaction capacity. This ecosystem is known as Decentralized Finance which is known as DeFi for short.
Decentralization provides total transparency as the information about blockchain network transactions and operations is readily available in a distributed ledger.DeFi is often referred to as an opportunity and a revolution. It has revolutionized Tokenization in blockchain technology. Tokens now serve utility functions to decentralized applications (dApps).
As a platform, DeFi has been able to bring financial inclusion to not just the crypto industry but the world’s economy at large. This article details how tokens like Big Eyes Coin (BIG), Cardano (ADA) and FTX Token (FTT) aim to take the DeFi ecosystem to a whole new level.
Big Eyes Coin – An Uncut Gem in the Crypto Space
Big Eyes Coin (BIG) is a relatively new community-driven Token whose major intent is to shift wealth into the DeFi ecosystem while also providing profit to select parts of the world’s ecosystem.
It aims at building a blockchain ecosystem that is self-propagating to yield growth in investors, liquidity and all round profit.
Big Eyes Coin (BIG) has certain features that make it unique and preferable in blockchain technology. They are:
- Tax-free shopping policy.
- Its services are time and energy-saving.
- Its decision-making processes will involve the community.
- BIG is a project that is passionate about the oceans; it offers a platform for charity towards this cause.
- It’s all about fast growth! It seeks to grow through social media influencing, paid partnerships, the sale of digital assets etc.
- 200, 000, 000, 000 BIG Tokens were launched. 90% of this Token was made available to the community.
- 70% of the Token was sold in a public 0presale.
- 20% of the Token was utilized in exchanges. These exchanges include; NFT Taxes, wallet marketing and visibility held for charity.
Cardano – A Visionary Platform
Usually, it is said that Cardano is a ‘latecomer’ to the cryptocurrency market compared to other projects. Notwithstanding, its shot at growth within the crypto ecosystem is brimming with innovations. Cardano (ADA) is a blockchain technology that was developed for visionaries.
It is a platform that allows users, innovators and developers to create and enhance tokens, as well as to provide a sustainable and scalable blockchain network. Therefore, when it comes to Decentralized Finance (DeFi), Cardano (ADA) isn’t left behind.
Undoubtedly, Cardano (ADA) is and will always continue to be a successful Token, with a market cap of about $18 billion and 24-hour trading volume of over $1 billion, it has proven itself to be a worthy investment and is termed as the most active and one of the most widely used digital assets in the crypto industry well over the past year.
FTX Token Proves its Value
FTX has proven itself to be a legitimate platform for cryptocurrency exchange with millions of users and investors around the world.
The FTX Token (FTT) is the native currency of FTX and is a great utility for cutting down trading fees and yielding benefits. FTT is usually considered to be a profitable investment that offers great services like scalability, speed and profit. It also offers a platform for the mint and sale of NFTs.
Its price is currently about $27 with crypto experts and analysts saying there will be an upshoot sooner than later.
Big Eyes Coin (BIG);
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