Are you intrigued by Bitgert (BRISE) and its decentralized solutions? Bitgert is a blockchain platform that operates on the BNB Chain with its own BRISE Chain, a BRC20 blockchain that offers high-speed cross-chain transactions and near-zero gas fees. The Brise Chain uses the Proof of Authority (PoA) consensus, which enables faster block times and lower transaction fees.
This article will provide you with a comprehensive overview of Bitgert, including its unique features, the native token Brise, the project's history, and token value. You will also learn how to purchase BRISE tokens on the CoinEx cryptocurrency exchange.
What Is Bitgert and How Does It Work?
Bitgert (BRISE) is a blockchain platform built on the BNB Chain to provide decentralized solutions. However, recognizing the need for a native blockchain, Bitgert developed the BRISE Chain to achieve its full potential, the BRC20 blockchain. It offers near-zero gas fees and high-speed cross-chain transactions.
Brise Chain uses a system called Proof of Authority (PoA) consensus, which allows for faster block times and lower transaction fees. The validators who stake the most funds become the ones who verify and add new blocks to the blockchain. To ensure security and stability, the system is equipped with double-sign detection and other measures to prevent malicious activity. This helps guarantee that the blockchain transactions are final and secure. The Brise Chain can also handle approximately 100,000 transactions per second, which is exceptional TPS.
BRISE, the token of the Bitgert platform, was initially deployed on the BNB Chain as a BEP20 token. After the creation of the Brise Chain, Bitgert Coin (BRISE) was later minted as the native token of the blockchain.
Bitgert provides a secure, reliable, and immutable environment for blockchain applications such as NFTs, Decentralized Finance (DeFi), Metaverse, and GameFi. Bitgert has developed and launched a DeFiprotocol called Knit Finance, an NFT marketplace called Miidas NFT marketplace, and a decentralized exchange called SPYNX Labs, which operate on the Brise Chain.
The Brise Chain is designed to establish a different marketplace for decentralized digital asset issuance and exchange. Users can use the Brise Chain as an underlying exchange network for assets, send and receive BRISE, and create new tokens to digitalize assets.
BRISE is also EVM-compatible, allowing developers to port their projects from Ethereum and use smart contract functionality. Users can easily configure applications like MetaMask to work with Brise Chain and explore the transaction history using BRISE SCAN, API, and node RPC interfaces. Developers can issue new tokens, run a full node, and create wallets and tools to help users use dApps.
Bitgert (BRISE) stands out from other blockchain projects by offering a rapidly growing ecosystem that covers areas such as DeFi, NFT, Web3, and Metaverse. BRISE's ecosystem introduces several innovative products, including Bitgert Chain, an EVM-compatible blockchain with incredibly low gas fees, and BRISE Swap, a fast and cheap DEX powered by BNB Chain.
Additionally, BRISE offers a multi-currency wallet, staking program, auditing solutions, and a bridge to transfer assets from BNB Chain to Bitgert Chain. The team behind BRISE uses cutting-edge AI technology and manual code review to protect smart contracts, making it a safe and secure option for users.
What Is BRISE token?
BRISE is the native cryptocurrency of the Brise Chain, which is a blockchain platform designed for decentralized applications (dApps) and digital asset exchange.
The BRISE token is used for a variety of purposes within the Bitgert ecosystem, including:
- Payment of transaction fees for executing smart contracts
- Staking to earn rewards
- Making payments on the Bitgert platform
- Voting on governance proposals
- Participating in airdrops and other promotions
The BRISE token has a market capitalization of $126 million, a total supply of 1000 Trillion BRISE and a circulating supply of 395,688.22 trillion tokens. The tokenomics of BRISE are designed to incentivize long-term holding. The supply of BRISE is limited, and a portion of the transaction fees are burned, which increases the value of the token over time.
Below is a concise table outlining the BRISE tokenomics:
Tokenomics: 2% of transaction fees are burned, 5% are distributed to stakers, and 3% are used for marketing and development.
BRISE has already gained significant adoption. The project has a competent team and an interesting roadmap, which makes the project well-positioned to succeed in the long term.
History of Bitgert (BRISE)
Bitgert (BRISE) launched in July 2021 with the aim of providing innovative blockchain products and auditing solutions. The anonymous team behind Bitgert has a strong background in blockchain technology and has developed a decentralized exchange (DEX), staking protocol, blockchain explorer, and auditing tools in a short amount of time.
Bitgert has gained popularity due to its transparency, low fees, fast TPS (Transactions-Per-Second) and open development process, resulting in a large following and listings on multiple major cryptocurrency exchanges. Bitgert successfully launched its own blockchain, the Brise Chain, in April 2022 and is committed to becoming the leading blockchain project.
The anonymous development team behind Bitgert has expressed their intention to reveal their identities at a later date, which could positively affect the project's reputation and BRISE's price. Bitgert plans to register as a legal entity, presumably in the Cayman Islands, in the short term before the exchange launch.
Features of Bitgert (BRISE)
The BRISE Chain (Bitgert) has several features that make it attractive for investors, including:
- Short Block Time and Lower Fees: The BRISE Chain uses a system of Proof of Authority (PoA) consensus that supports short block time and lower fees. This makes it more efficient and cost-effective than other blockchain platforms.
- Security and Stability: The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
- EVM-compatible: The BRISE Chain supports all existing Ethereum tooling along with faster finality and cheaper transaction fees. This means that developers can easily transition their existing Ethereum-based projects to the BRISE Chain.
- Interoperable: The BRISE Chain has efficient native dual-chain communication, which makes cross-chain transfer and other communication possible. This feature promotes interoperability and enhances the scalability of high-performance dApps that require fast and smooth user experience.
- On-chain Governance: The BRISE Chain is distributed with on-chain governance, which brings in decentralization and community participants. As the native token, BRISE will serve as both the gas of smart contract execution and tokens for staking.
- Dual-chain Architecture: The BRISE Chain has a dual-chain architecture that allows users to take advantage of the fast trading on one side and build their decentralized apps on the other side. This architecture makes the BRISE Chain an ideal platform for investors looking for a versatile blockchain that can support both trading and decentralized applications (dApp) development.
Overall, the BRISE Chain's combination of efficient PoA consensus, EVM-compatibility, interoperability, on-chain governance, and dual-chain architecture make it a highly attractive blockchain platform for investors. Its features promote fast and cost-effective transactions, secure and stable blockchain operations, and efficient communication between chains, which enhances the scalability of dApps and promotes decentralized governance. Investors can benefit from the platform's native token, BRISE, which serves as both the fuel for smart contract execution and tokens for staking.
BRISE Token Value
As of May 20, 2023, the current value of 1 BRISE token is $0.00000031, with a circulating supply of 400 Trillion BRISE, Bitgert is valued at a market cap of $126 million. Its value is derived from factors such as its utility, scarcity, and market sentiment toward cryptocurrencies.
As a utility token, BRISE can be used to pay for transactions on the Bitgert ecosystem, stake and earn rewards, and also participate in decentralized governance. The limited supply of BRISE also contributes to its value, as does the overall market sentiment toward cryptocurrencies.
BRISE's value comes from its utility, scarcity, community, and technology. BRISE, a utility token, has real-world value for paying goods and services, with limited supply increasing its value and a supportive community driving up demand. BRISE is also built on a secure blockchain platform, making it a trustworthy investment.
Overall, BRISE is a promising cryptocurrency with a number of factors that give it value. It has a real-world use case, scarcity, a strong community, and is built on a secure blockchain platform. These factors make BRISE a good investment for those interested in the cryptocurrency market.
How to Buy BRISE Tokens?
CoinEx is a global cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With its 700+ tokens supported, including BRISE, users can now trade easily and seamlessly. To purchase BRISE on CoinEx, follow the steps below.
- To access CoinEx's services, register for an account by clicking "Register". Existing users can log in.
- After logging in, deposit funds into your CoinEx account using one of the supported cryptocurrencies or deposit methods supported by the exchange.
- After depositing fiat or cryptocurrency into your account, you can trade your funds for BRISE tokens by visiting the BRISE trading page, choosing a trading pair, and indicating the desired amount of BRISE to buy.
- Purchasing BRISE is a straightforward process once you have located the appropriate trading pair. Simply select the relevant pair, specify the desired quantity of BRISE, and trade the paired token for BRISE.
With these simple and straightforward instructions, you can buy BRISE tokens on CoinEx in a simple manner.
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