NFT’s have gained immense popularity since the introduction of the Bored Ape Yacht Club (BAYC) collection by Yuga Labs. Since then, NFT adoption has grown, with different blockchains offering an NFT marketplace from which you can purchase your beloved NFTs.
Ethereum (ETH) and BNB (BNB) host recognized NFT marketplaces that have served their users well over the years. However, only one can be the best NFT blockchain! Additionally, Big Eyes Coin (BIG) has continued its dominance through its presale, raising $7 million at the time of writing.
Big Eyes Is On The Rise
The Big Eyes Coin platform is built on the Ethereum blockchain, utilising its newly updated Proof-of-Stake consensus to increase its transaction speed while reducing its environmental impact. Big Eyes Coin will donate 5% of its tokens to ocean conservation efforts to protect a crucial part of our ecosystem and showcase its commitment to sustainability.
NFTs will become a big part of the Big Eyes Coin ecosystem when they launch at stage three of the roadmap. Big Eyes Coin is moving away from having NFTs as something to look at. Instead, Big Eyes Coin is bringing utility to NFTs and using them as keys to access exclusive events and clubs!
Ethereum Merge Helps NFT Transactions
Ethereum is a Proof-of-Stake platform, users can take advantage of its fast transaction speeds that can reach up to 100,000 per second at its peak performance. Those worried about the environmental impact of Ethereum can put their mind at ease. With the new update, Ethereum has reduced its carbon footprint by 99%.
Can BNB Recover After The Hack?
As mentioned above, BNB was recently hacked for $570 million in BNB tokens. This hack is seen as one of the biggest hacks in crypto history, showcasing vulnerabilities in blockchain technology. However, the BNB blockchain is now up and running again, showing its ability to recover quickly after a hack.
One advantage the BNB NFT marketplace has over other marketplaces is its low transaction fees. BNB charges a set 1% fee on each transaction, which is significantly lower than several major NFT marketplaces.
BNB knows t there is a growing population of people trying to get into cryptocurrency. To make it easier for them, BNB has made the NFT marketplace easy to access and use. BNB also hosts educational resources that teach users about the blockchain industry.