The crypto ecosystem has continued to grow rapidly over the past couple of years. Ever since Bitcoin came into existence in 2009, it has provided people with a new method of exchanging, transferring, and earning money digitally. Despite the recent unnerving occurrences of the crypto market, people are still eager to purchase viable and reliable coins to succeed in their journey to reach financial fruition. Here are three eco-conscious crypto coins that have the potential to do so: Big Eyes (BIG), Avalanche (AVAX), and Cardano (ADA).
If you are a buyer looking for a coin that provides something new and innovative to the market, Big Eyes (BIG) is the coin for you. It is an upcoming community-driven meme token that aims to move affluence to the decentralised finance (DeFi) ecosystem whilst protecting an important part of the world’s atmosphere. The blockchain network plans to give more to the crypto ecosystem by having a self-propagating platform, permitting its holders to use NFTs that propose access to more events and content.
BIG will launch on the decentralised network protocol Uniswap - a blockchain network ranked nineteenth on CoinMarketCap. This will contribute to the succession of Big Eyes, as Uniswap has a consistently reputable market capitalisation and would push BIG to an expanded audience within the crypto community. But the most distinct element that Big Eyes has to offer is its mascot - a large-eyed cat that has a cute and detailed anime design. BIG has deliberately used a cat as their mascot as it diverts from what is traditionally used for meme coins, notably dogs. A unique selling point well established in online media but yet to find its space within crypto. It currently plans to have 90% of its 200,000,000,000 tokens available at launch, along with a charity wallet that donates 5% of its earnings to ocean-based charities.
Avalanche (AVAX) is one of the most successful blockchain networks in the crypto market. A layer one blockchain-primarily known for being able to conduct approximately 6,500 transactions per second, not comprising its sustainability while labelling its speed "blazingly fast".
AVAX is a strong competitor of Ethereum, aiming to leapfrog over its cousin as the most popular blockchain network known for its smart contracts. Avalanche can deploy customised blockchains that benefit the application needs of its users, permitting people to build their virtual machine while outlining how it operates.
Furthermore, AVAX attempts to solve the blockchain trilemma which posits that blockchain cannot achieve decentralisation at scale. Even further, it boasts the best finality speeds in the industry.
Additionally, major DeFi players from Ethereum such as Curve and Aave have decided to launch on Avalanche during their rush DeFi initiative. With a solid market capitalisation of $4,840,705,280 and a rank of seventeenth on CoinMarketCap- Avalanche is a network that will provide you with eco-friendly protocols and lightning speed.
Cardano (ADA) is a blockchain network known for its proof-of-stake consensus which states its goal of allowing ‘innovators, visionaries, and changemakers’ to bring about a positive international change. It has been referred to as ‘the green blockchain’ by crypto enthusiasts and journalists due to its reputable sustainability and environmentally friendly nature. Cardano aims to redistribute power from unaccountable structures to individuals - aiding the creation of a transparent, fair, and secure blockchain network.
ADA is also one of the biggest blockchains to successfully use the proof-of-stake consensus, its primary factor that makes it more sustainable than Bitcoin which uses the proof-of-work algorithm. Proof-of-stake is more energy efficient as it eliminates complex computations. Furthermore, Cardanotakes pride in guaranteeing that all of the technology developed goes through a process of peer-reviewed research - which means ideas are challenged and means-tested before they are validated. Currently ranked the eighth most profitable crypto on CoinMarketCap - Cardano has established a solidreputation for itself through brilliant execution of the proof-of-stake consensus.