While the cryptocurrency market has been incredibly volatile over the past year, that doesn’t mean certain coins haven’t surged. Currencies like Binance Coin (BNB), Ethereum (ETH) and Big Eyes Coin (BIG) have new plans to keep the crypto world busy.
What’s new at BNB?
As Latin America continues to be a hotspot for adoption and cryptocurrency-related activities, BNB Chain (BNB) is preparing to launch a Web3 programming course for students in the region.
A Web3 development course will be made available for Latin America via Platzi and BNB Chain, a blockchain network developed by cryptocurrency exchange Binance, to educate the population.
According to Gwendolyn Regina, investment director at BNB Chain, who spoke to Cointelegraph, the course hopes to be available to 30,000 students by the end of the year, with training focused on improving the skills of developers. This development is an initiative to promote Web3 education and the wider use of blockchain technology in this field. The biggest barriers to getting into the industry are usually related to accessibility, education, and confusing local government regulations.
El Salvador, the first nation to accept bitcoin as legal cash, is making efforts to educate people about cryptocurrencies. The nation launched a grassroots certification program called Mi Primer Bitcoin, or “My First Bitcoin,” with the aim of increasing crypto knowledge among young people.
Once in a lifetime crypto event: Ethereum
To address environmental concerns about the recently emerged technology, Ethereum (ETH) developers are taking the most extreme approach ever seen in the cryptocurrency sector. The price of Ethereum’s token, ETH, has more than doubled over the past two months on anticipation of the transfer, or “the merger,” outperforming its better-known rival Bitcoin by four times.
The event is hailed as the largest in cryptocurrency history. The world’s second-largest cryptocurrency will see a total upheaval in its underlying technology next month as it transitions to a new system that will drastically reduce its power consumption.
Will Big Eyes (BIG) take off like Dogecoin?
Big Eyes Coin (BIG) offers its customers the opportunity to use decentralized finance (DeFi) solutions to generate income. It has a native coin called BIG which is used for similar transactional activities including staking, providing liquidity pools and earning incentives.
The BIG Token (BIG) has an automatic burn mechanism that ensures that tokens are burned regularly. The process ensures that only minor price changes occur and the supply of the token remains limited.
The BIG token will be available to interested customers in presale with a total amount of 200,000,000,000 units. The purchase or sale of these tokens is tax-free. Additionally, 90% of the tokens will be reserved for pre-sale, with 70% going to the general public and 20% to exchanges. The remaining 10% is split equally between 5% to charity and the marketing bag. However, the site charges a 10% tax on NFT trading. Of the tax revenue, 4% goes to the original sellers, 5% to BIG Token holders, and the final 1% goes to charity.
Big Eyes Coin (BIG) has a flexible tax regime that allows for adjustments to account for fees for services such as using the marketing wallet, purchasing liquidity pools, and using the auto-burn features. In addition, those who wish to buy BIG tokens do not have to pay for such transactions.
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