After its highly anticipated launch, Big Eyes Coin (BIG) experienced some severe difficulties after an unprecedented bot attack, causing the liquidity to be sucked out of the coin meaning that many presale investors were unable to claim their tokens. Investors were understandably angry and began questioning if the whole currency was just another crypto scam. While the initial uproar has settled and the BIG team has managed to begin to get on top of the technical issues, many investors still have many questions about the legitimacy of BIG, and what is next for the coin.
What is the future plan for Big Eyes?
Big Eyes pledged to deliver on 10 different crypto exchanges in the first 6 months after its launch, and already in one week, it has been able to ensure delivery on 3 of these exchanges. As the months go on and Big Eyes launches on more sites, it is likely that the price of the coin will recover from its attack on launch day. The Big Eyes team is also dedicated to bringing the casino to life and launching the play-to-earn games, which will also increase the value of this coin, and bring confidence to the investors who are fearing that the coin may not be legit.
Who is Behind Big Eyes?
Some members of the crypto community have criticised the Big Eyes team for remaining anonymous, but it is important to remember that a huge portion of crypto creators remain anonymous for a time to ensure the privacy and security of the coin while it was still in development, and put the entire focus onto the project instead of the people behind it. Now the coin has been launched, the Big Eyes team has recognised the importance of transparency going forward, and have revealed themselves in order to help foster trust and openness within the BIG community.
The Big Eyes CEO, Ahmed Yalom has come out of the shadows to take accountability for any issues that users have had, and developers Zohar Harel and Rayan Tuwim have been working non-stop to ensure that these issues are resolved and the BIG community can come back to feeling excited about the future for this coin. The Head of Trading/Listing, Malamud Kasher is continuing to make sure this coin is listed on as many exchanges as quickly as possible, which will continue to strengthen the coin in the face of any future difficulties it may face.
Is Big Eyes Coin a Scam?
With cries from the Big Eyes community for the Big Eyes creators to reveal themselves, the fact that they have done so is a reassuring sign for this coin. In the case of other rug pulls and scams, the developers have dropped off the face of the earth, never to be found again. The Big Eyes team has not done this, and as they have not refused to reveal their identities this is a massive green flag for this coin. The Big Eyes team is still working hard to reach their goals for the coin’s roadmap, and as they are comfortable doing this under the scrutiny of their identities being known heavily suggests that they have faith in this project and are happy to be held accountable for the coin’s future.
Scams in the crypto market are a very real danger, and it is important for legitimate currencies to operate with a level of transparency and openness to instil confidence in their investors. Big Eyes Coin has done exactly that, and in their endeavours to resolve teething problems for the coin as quickly as possible as well as happily letting the world of crypto know exactly who they are, investors can rest assured that this cryptocurrency is not a scam or a rug pull, and has a very real future in the crypto market.
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