Big Eyes Coin recorded one of the most impressive presale runs in recent years

After almost a year of bear territory, the crypto market is finally ready to travel north. And while it is still a bit premature to talk about the bull run, we can see some positive prospects for the future. Many cryptos have been trading in the green territory in the past month, and if the current pace remains unchanged, the bull run will be just around the corner.

Pritish Bagdi

Although the current market conditions are far from ideal, some projects have exceeded expectations and risen to the very top of the food chain. Most notably, Big Eyes Coin has been smashing its ongoing presale run, recording more than USD 21 million in the bank. In today's editorial, we will see why this juggernaut project enjoys massive success in the bear market and if Avalanche and Axie Infinity can remain up north.

Big Eyes Coin:

When Presale Is King Against all odds, Big Eyes Coin has continued its impressive presale run, dominating the crypto Game from top to bottom. Not many projects in the history of crypto succeeded in the bear market to amass more than USD 21 million after nine presale stages. While Big Eyes Coin is technically a meme token, the project offers much more than a vibrant community around it. Namely, there are options for staking the platform's native token BIG if you are into DeFi. But if you are not a liquidity mercenary, then there is always an option to trade and flip everyone's favourite NFTs, which are expected to arrive very soon. The presale is selling fast, so be sure to check this project out before it's too late.

Avalanche:

The Flexible Ethereum Competitor Avalanche is a platform designed by Ava Labs that enables anybody to create multi-functional blockchains and decentralized applications (dApps) with ease. Avalanche was developed to address some of the limitations of the OG blockchain platforms, including slow transactions, apparent centralization, and scalability. In order to achieve greatness, the Avalanche consensus protocol promises low latency, high throughput capabilities, and resistance to 51 per cent attacks. According to DeFi Llama, since the DeFi boom of 2020, the project has grown to become the third-largest blockchain by total value locked (TVL) after Ethereum and the BNB Chain. With DeFi making a comeback this year, everyone who loves decentralized finances should know that Avalanche is coming to take names.

Axie Infinity:

To Metaverse and Beyond There is a reason why Axie has been among the top cryptos to trade in the green territory this month. When the metaverse boom started, Axie was the first game to truly dominate the virtual gaming landscape. While the premise of the game is very reminiscent of the OG pokemon gameplay, additional features like staking the platform's native token AXS opens more opportunities for people who enjoy Fi more than the game in the term GameFi. In 2021, there was a time when a big chunk of the population of the Philippines was earning passive income while playing the Axie arcade. If you are into cute little beasts, battles and an open world, don't miss out on the opportunity to check this game out.

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Blockton Blockchain is an open-source,high-throughput blockchain.

New York, January 20: All historical technological breakthroughs were the result of existing problems. This assertion is supported by the numerous inventors who have created devices such as smart boards, aeroplanes, and automobiles throughout history. These devices were created to address critical societal issues. Since the industrial revolution, the trend has not slowed, but rather has continued to grow.

Finance is an important part of society and has changed dramatically. Blockchain technology is reshaping global financial systems and structures. The mainstream acceptance of cryptocurrencies is growing rapidly. We now have cryptocurrency-enabled online payment gateways and crypto-automated teller machines (ATM). This financial disruption will continue until cryptocurrencies are accepted as a global standard.

Despite this advantage, tokens still require platforms that facilitate trading and swapping. Dapps, DEXs, and Smart Contracts were created to ensure the security of every transaction. It was intended to create a user-owned and controlled ecosystem that is independent of central governance. This design adheres to the original concept of cryptocurrencies and provides a safer and more secure method of ensuring that all assets are under the control of users.

These concepts are limited by the fact that different blockchains lack interoperability. These are a significant step back because users must use multiple DEXs or Dapps to trade tokens. Blockton is upping the ante. Blockton is developing an ecosystem that can transcend the limitations of restricted/native blockchain. This will provide users with cross-chain access and real control over a diverse range of tokens in the crypto ecosystem. This platform is intended to give users more control over their crypto assets while also providing increased security. Scams involving micro DEXs or dApps will be reduced. Users can trade, swap, or convert tokens across multiple EVM compatible chains using the Blockton platform.

Ethereum, Binance Smart Chain, Polygon, Fantom, Arbitrum, and OKEx Chain are among the supported chains. Blockton is a Layer-7 EVM Blockchain Platform focusing on DeFi, GameFi, and Metaverse. It is a PoW Blockchain with Staking and Liquidity Mining. As a result, it is a better alternative to PoW Ethereum. Blockton is a Blockchain Platform that is Scalable, Sustainable, and High-Performance. It is fully compatible with EVM, allowing developers to quickly create scalable, user-friendly dApps. Proof of Work (PoW) is used by Blockton to ensure true decentralisation.

High Performance Blockton can currently process 300,000+ transactions per block while maintaining security. It can adjust transaction and block sizes based on network load and usage. The current block time is 3.1 seconds. There are no fees. Blockton was created with the goal of keeping transaction fees as low as possible in perpetuity. Users do not have to be concerned about rising gas prices. Everyday use of Blockton is simple.

For more information, visit the official website at www.blocktoncoin.com.

Blocktonscan - www.blocktonscan.com

PNN has provided this story. TC accepts no responsibility for the content of this article. (TC/PNN)

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The metaverse created by Meta has not yet gained widespread adoption.

Facebook has been Meta for well over a year. The social media goliath announced the name change amid a flurry of corporate crises and scandals, but primarily to position itself as a broad spectrum of technology applications rather than 'just' a social media platform.

Pritish Bagdi

Courtesy: Meta corporate media

Meta promised to be a pioneer in the metaverse realm, where the near future of a more connected world would bring exciting new virtual environments where users work, socialise and play. Meta, in turn, would be in the thick of it, and a leader in developing new services and products for users.

In the metaverse, where fascinating new virtual spaces where users work, socialise, and play will soon be introduced in a more linked world, Meta promised to be a pioneer. In response, Meta would be at the forefront and a pioneer in creating new services and goods for customers.

Challenges to come

One year later, Meta has still not seen a return on the billions of dollars it has invested and is still investing. From virtual reality headgear, which have at best had mixed reviews, to the metaverse itself, which is still a long way from being widely used. Even after spending time in different realities, the majority of people are still unable to define what the metaverse actually is.

Many in its corporate hallways believe the firm is overspending for the modest aims it has achieved, which is why Meta's stock has fallen by 70% in the past year as a result of its investment plan in the metaverse.

In an open letter published last year, Meta's CEO Brad Gerstner said that the company "drifted into the region of excess - too many employees, too many ideas, and too little urgency." He additionally urged the business to cap spending on the metaverse at no more than $5 billion annually.

14 billion dollars in annual losses

Meta has a defined function and capability in creating new technologies, which is essential for the future to be enhanced and artificial intelligence to be more extensively used. However, according to the Sydney Morning Herald, the company's AR and VR development division, Reality Labs, is losing 14 billion dollars annually. The New York Times reported in October that Meta's employees were unhappy with the company's strategy change because it tied them "to Mr. Zuckerberg's whims rather than a cohesive plan."

Naturally, there are many long-term factors to take into account when reshaping a company that is on the verge of another technology revolution.While the metaverse, like Rome, did not rise in a day, it has made little, incremental strides in its invention, and its VR products and devices have not yet reached the general public.

In December, Meta reiterated that the shift is still in the planning stages. "We believe 2022 will be recognised as the year that developers and users first got their hands on the fundamental technological components allowing our vision for the future."

Nobody is certain of when that "first time" will occur for a larger audience.

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