GameFi networks are notable for their extensive NFT usage, as everything on such platforms is linked to NFTs. Player avatars, gaming tokens, and the interface are designed as NFTs. Hence, tokens like ApeCoin (APE) and The Sandbox (SAND) heavily depend on NFTs to maintain their dominance in the crypto market. A new market entrant, Big Eyes Coin (BIG), will be looking to contend with high-power coins in terms of a well-developed NFT marketplace. Stay tuned as we review these coins and their NFT applications in the cryptocurrency market.
ApeCoin’s (APE) Journey so far
ApeCoin (APE) is an Ethereum-based token used by the Bored Ape Yacht Club in their Metaverse space for gaming. The Bored Ape Yacht Club is the largest community of NFT traders worldwide, and they launched APE in 2022 for use within the community.
The ApeCoin (APE) is used in the gaming protocol to access the NFTs used in the games. It is also used to enter the game modes and upgrade the player avatars. It is on the Ethereum blockchain, which makes it compatible with a wider range of DeFi applications, including DEX and DApps.
The ApeCoin (APE) user community is completely DAO, meaning they monitor and regulate the platform’s operations. A team of developers is accountable to the community for maintaining and upgrading the token’s protocol. ApeCoin (APE) currently sells for $5.28, and it has declined mainly because of the crypto collapse this year.
The Sandbox (SAND) – A Gamers’ Paradise
The Sandbox (SAND) is a franchise developing and launching games for mobile platforms, including Android and iOS. Its decade-long experience has been instrumental in maintaining an excellent gaming industry presence. The company hopes to bring regular gaming to the cryptocurrency market by encouraging blockchain gaming.
The platform allows users to create, trade, and exchange NFTs in their spaces. The Sandbox features a Metaverse space quite like Decentraland, where users acquire a LAND token as soon as they enter the game. Then, they fit the LAND with their own personalized NFTs.
The platform allows exploration and interaction between users. The games are located at different points so users can explore or play. The official token is SAND, which is used for transactions on the network and governance token in voting on protocol changes. SAND is listed at $0.87 on various exchange platforms.
What is Big Eyes Coin (BIG)?
While Big Eyes Coin (BIG) is not a gaming token, the developers have noted the importance of incorporating NFTs in the token’s roadmap. Keeping the coin sustainable is one of the project’s primary objectives, and having an NFT marketplace will bring more value to the token.
Big Eyes Coin’s (BIG) presale is in phase three, where the developers outlined the official launch of the NFT marketplace after a release of snippets in phase two. The big news about Big Eyes Coin’s NFT marketplace is that trading NFTs on the platform won’t attract any gas fees. The marketplace will be free for all to transact. This will enable users from other networks to buy and sell NFTs from Big Eyes Coin (BIG). Since they will be trading using BIG, its cryptocurrency price on the cryptocurrency market should boost significantly.
To aid trading and improve the token’s popularity, the Big Eyes Coin (BIG) development team is looking to launch the coin on swap platforms. A launch on Uniswap (UNI) is already in the works and will soon be announced.
Big Eyes Coin (BIG) is also interested in noble causes, such as marine life conservation. The developers promise to make periodic donations to charities involved in conserving ocean species, and to this end, they have set aside a wallet with 5% of the 200 billion coins. The donations to such charities will come from the charity wallet.
Big Eyes Coin’s (BIG) presale is still ongoing. Don’t wait for the prices to spike before you buy them. Click the links below to be a part of the next big crypto project, Big Eyes Coin (BIG).
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
As the bear market has been especially unkind to the industry’s biggest and largest cryptos, crypto investors have a unique opportunity to explore. Within the hype and competitiveness in the industry, it is easy for a very good coin to go under the radar.
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
