Brought to you by
Emily Milton PR
NFTs, through smart contracts, opened up a new world of wealth creation in the crypto space. Consequently, cryptocurrencies that are big on smart contracts, such as Ethereum (ETH), Tezos (XTZ), and Big Eyes Coin (BIG), are among the top cryptos projected by some to yield high-value returns.
Ethereum, the pioneering NFT blockchain, hosts many NFTs and NFT marketplaces, while Tezos, the ever-evolving blockchain, supports the minting of valuable one-of-a-kind NFTs through its renowned smart contracts.
On the other hand, the upcoming Big Eyes Coin promises to utilize the power of the community to advance wealth creation through NFTs.
This article will explore how these cryptocurrencies can create value for enthusiasts through NFTs.
Ethereum (ETH)
Ethereum (ETH) is by far the most popular cryptocurrency for NFTs. Unlike Bitcoin, the Ethereum blockchain performs uniquely with the help of smart contracts and a large and dedicated NFT community. This blockchain powers most of the popular NFTs and NFT marketplaces, making it a good choice for any artist hoping to earn high-value returns.
With famous NFT projects, like Cryptopunks and Bored Ape Yacht Club, worth up to $500 million, Ethereum has the biggest market for minting, selling, buying, and distributing NFTs.
Its native cryptocurrency, Ether (ETH), has the second largest user base and value among all cryptocurrencies - due to its wide acceptance as a means of trade. It is also widely used on varieties of crypto wallets and NFT platforms making it one of the best cryptocurrencies for those hoping to earn through NFTs.
While Ethereum currently consumes a lot of energy and has a large carbon footprint, it plans to switch to the Proof-of-Stake consensus mechanism later this year to become more energy-efficient and to support faster transactions.
Tezos (XTZ)
Tezos (XTZ) is one of the leading smart contract Proof-of-Stake blockchains. It is a layer-1 protocol that provides a scalable platform for crypto projects like DeFi, Metaverse, Web3, and NFT. This future-proof blockchain is notable for its efficiency and faster, cheaper, and more secure operations.
Furthermore, Tezos supports low-cost, energy-efficient minting of NFTs and allows users to create smart contracts.
With one of the most dedicated communities, Tezos is a cryptocurrency that has a loyal following. Its native token Tez (XTZ) supports trading NFTs on NFT marketplaces such as Rarible and Arago.
In addition, it supports the payment of royalties to NFT artists on every resale of their NFT. Therefore, Tezos (XTZ) is one of the best cryptocurrencies for artists looking for crypto to earn royalty income.
Big Eyes Coin
Big Eyes Coin is a new cryptocurrency in its presale phase. Its blockchain network aims to bring wealth into the DeFi space while also protecting the oceans - an essential aspect of the global ecology.
Big Eyes Coin plans to introduce Big Eyes Swap, a DeFi feature that will open its community to earning in the DeFi world.
This community-driven meme coin is dedicated to maintaining and strengthening its members with an NFT Sushi Crew, a club for the NFT Sushi holders, providing access to events, projects, and merchandise. Also, there would be community giveaways in the form of tokens, NFTs, and rewards.
Furthermore, Big Eyes Coin will support philanthropic efforts by offering 5% of its coins to charities that support ocean sanctuaries.
Conclusion
Due to the popularity of NFTs, many NFT cryptocurrencies are available in the cryptocurrency market, with thousands of new projects being launched daily.
However, the above-listed cryptocurrencies support income-earning through NFTs by providing smart contracts and a scalable platform.
In addition, the community-led cryptocurrency, Big Eyes Coin, promises to support its community members by integrating DeFi features into NFTs.
This article is not necessarily representative of the views of the Herald
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article