Big Eyes Coin to follow Solana & Avalanche in terms of Sustainability

However, since then, cryptocurrencies have adopted a modern consensus named Proof-of-Stake (PoS), which uses considerably less energy than PoW. Avalanche (AVAX) reportedly uses 0.0005% of the energy that Bitcoin (BTC) uses due to its PoS consensus. Solana (SOL) and Big Eyes Coin (BIG) have also taken strides in sustainability, outlining their mission to reduce their carbon footprint.

This editorial piece will examine each cryptocurrency and what they are doing to improve sustainability in the crypto market. Let’s begin with Big Eyes Coin!

Big Eyes Is The Name, Saving The Oceans Is The Game

Big Eyes Coin has ambitious goals to save a crucial part of our ecosystem, the oceans. Marine life is experiencing many threats to its ecosystem, like overfishing, plastic pollution, and the warming of the oceans. To combat this, Big Eyes Coin has set aside 5% of its tokens for ocean conservation efforts, showcasing its commitment to sustainability.

Big Eyes Coin has built on the Ethereum (ETH) network, which recently switched to a PoS consensus, reducing its carbon footprint by 99.95%. If Big Eyes Coin maintains its sustainable trend, it could follow in the footsteps of Avalanche and Solana.

Big Eyes Coin will also host NFT collections on its platform, aiming to host one of the top ten projects. There will be a 10% tax on NFTs, with 5% going to BIG holders, 4% to the original seller, and 1% to the dedicated charity wallet.


Speedy Solana Solves Scalability While Remaining Sustainable

Solana took a unique approach when deciding how its ecosystem would run. Solana has adopted a combined consensus of PoS and Proof-of-History (PoH), allowing it to process 50,000 transactions per second at its peak performance.

Solana’s unique consensus also allows it to remain environmentally friendly, reducing the necessity for excessive amounts of energy when running the blockchain. Solana achieved carbon neutrality through 2021, as stated by its energy use report. This was a crucial leap forward in sustainability for the crypto market as it was becoming increasingly apparent that its environmental impact needed to change.

Solana is currently declining in value with the rest of the crypto market. However, cryptocurrencies historically perform at their best during the Autumn period, leading many experts to believe that now could be the best time to purchase Solana!

Avalanche’s Carbon Neutrality

Avalanche has prided itself on its commitment to remaining environmentally friendly. The crypto giant achieved carbon neutrality in November 2021, becoming one of the greenest cryptocurrencies available today.

Avalanche currently boasts an impressive market capitalisation of $4.9 billion, making it the sixteenth largest cryptocurrency in the market. While Avalanche may be declining in value at the time of writing, like Solana, it could be on the receiving end of a price spike as the Autumn period commences.

Avalanche has provided significant returns for its users in the past, helping them become financially independent from its unique use cases and its commitment to sustainability.

Final Thoughts

Avalanche and Solana have taken important strides toward sustainability, lowering their carbon emissions to reverse the negative effects the crypto market has on the environment. Big Eyes Coin will follow in Avalanche and Solana’s footsteps, dedicating a portion of its funds to ocean conservation efforts.

Big Eyes Coin is also offering bonus tokens with each purchase if you use the code ‘’ at the checkout!

For more information on Big Eyes Coin (BIG), please visit the following links:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.

More
Less