BIG Donates $1.5M to the Ocean
By now, you’ve probably heard of the best crypto pre-sale coin, Big Eyes Coin (BIG).
BIG is another cute meme coin known for offering competition for some of the already established ones like Dogecoin and Shiba Inu.
The coin has launched and promised numerous benefits, from a 200% bonus launch code to user management and new loot box. But did you know that BIG dedicates 5% of all their investments to the charity wallet?
The coin has pledged to donate regularly to charities aimed at protecting aquatic life from pollution and harmful fishing, among others. With $29 million in investment raised so far, that’s roughly $1.5 million in donations to protect our oceans!
It’s also worth noting that they donated $1,000 to ACT International, in addition to 5% of the funds donated to charities that help ocean sanctuaries. This is also known as Luna Charity, an organization that supports children suffering from the impact of different tragic events such as violence, war and natural disasters.
New Deal Implemented with Blockchain Technology
Blockchain technologies like Solana and Ethereum can go beyond the financial world. These nets can also monitor illegal fishing and criminal behavior in the high seas. Until now, many organizations have struggled to enforce a set of ethical principles, but overseeing them has been extremely difficult. This is because there are no laws governing fishermen in international waters.
After all, editing has become almost impossible. This means that the government has no control over who makes it and how much it gets. They also believe that illegal and unregulated fishing generates about $23.5 billion a year! So it’s a serious problem.
Some countries have grouped and negotiated specific regulations for portions of high waters, such as rules governing tuna fishing in the Pacific or fish stocks in the Atlantic between Greenland and Europe, but experts note that the current irregularity makes it very difficult to manage biodiversity in international waters. .
Liz Karan, high seas chief executive of Pew Charitable Trusts, a non-profit organization, mentioned that small Pacific island countries suffer the most from this system. She noted that EEZs of countries such as Kiribati, Nauru and the Solomon Islands are leaving gaps for large-scale international fishing boats to enter, she said.
Solution?
The World Wide Fund for Pandas, a conservation organization, recommends that the government require fishermen to tag fish with a scannable code that is uploaded to a blockchain ledger.
This way businesses and customers can verify the origin of any tuna sold at a retailer. This transparency will allow consumers to avoid contributing to unfair hunting. It is possible for blockchain technology to function as a means of closing these governance gaps.
For More Information About Presale Token Big Eyes Coin (BIG)
Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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