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The Ethereum blockchain is regarded as the pièce de resistance of the non-bitcoin world. Maximising on user-security, it has become the staple blockchain for DeFi interactions. Upon this blockchain is built an up-and-coming meme coin project, Big Eyes Coin. Both of these projects have huge connotations to charities, having a direct impact on their chosen institutions and communities.
The Ethereum Foundation
A key aspect of the Ethereum Foundation is its work to bridge the gap between misrepresentation across cultures. They do this by breaking down the barriers to entry for underrepresented individuals struggling to get into the developer and web3 space. These communities are likely to be the future of web3 and crypto development and there is a multitude of talent in these communities who simply do not have the access and opportunity that is provided in the developed world.
Ethereum also runs an Ecosystem Support Program which provides a variety of different kinds of support to start-up projects inside the Ethereum community. The ultimate ambition here is to accelerate the growth of the ecosystem and keep the ETH ecosystem ahead of its competitors.
Are Ethereum’s charitable works derived from self-interest?
The above points would certainly suggest so. Ultimately Ethereum is providing these charitable processes to benefit the wider Ethereum ecosystem and in turn, the value of ETH itself.
While there can certainly be positive outcomes from self-interested charitable motivations, one might consider investing in a project which can have and does have a more direct impact on the global community. Queue, Big Eyes Coin.
Big Eyes on improving a global community.
The Big Eyes project is a cat-inspired and community-owned currency. Taking advantage of the dog-saturated meme coin market, this cat is looking to make a bid for the top of the crypto rankings. To do this requires a large-scale community and fundamentals.
Big Eyes has carved a charitable focus into the fundamentals of the project; it holds 5% of the total token supply in a charity wallet to be donated to an ocean sanctuary. Further to this, the project, despite still being in its presale phase, has already made numerous charitable donations, giving back its roaring success to the global community.
Following in the wake of Snoop Dogg, Big Eyes donated roughly $2,000 to Orca Network. The Big Eyes community choose a celebrity’s charity to endorse each week and give a donation, head over to their Twitter page to find out more about the charitable acts the Big Eyes dev team are currently working on!
From this information, it could be suggested that Big Eyes is having more of a direct impact on the wider global community from its charitable donations. Not looking to endorse or further the reach of the Big Eyes community apart from using charity to help engage with the community. Big Eyes is aiding many different environmentally-minded charities and as such, could make a better investment for individuals who have a sense of global responsibility.
Final Thoughts
Both projects present great investment opportunities and both have positive impacts on the future. The projects simply approach charity from alternative viewpoints. Ethereum is looking to further the reach of web3 and the ETH ecosystem in parts of the world which are underdeveloped and lack opportunities.
Big Eyes allows its community to weigh in on the effect the project can have. Contributing towards several different charities, Big Eyes has its paws in many fish pies. For a presale token, it is unprecedented to have already had such a dramatic impact through charitable works. Once the project is fully launched, it will be unsurprising to see even more donations, and of greater value. Check the button below for the Big Eyes presale and use the code, BUYEYES333, for additional bonus tokens!
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