What is Bitgert (BRISE) and how to buy it? A comprehensive guide
Bitgert (BRISE) is a cryptocurrency. Learn about its features, uses, and how to purchase it securely.
Are you interested in Bitgert (BRISE) and its decentralized solutions? Bitgert operates on the BNB Chain with its own BRISE Chain, a BRC20 blockchain that facilitates high-speed cross-chain transactions with near-zero gas fees. The Brise Chain utilizes the Proof of Authority (PoA) consensus, enabling faster block times and lower transaction fees.
This article offers a detailed look at Bitgert, covering its distinctive features, the native token Brise, the project's background, and token valuation. Additionally, you will find a guide on purchasing BRISE tokens on the CoinEx cryptocurrency exchange.
What is Bitgert and how does it work?
Bitgert (BRISE) is a blockchain platform that originated on the BNB Chain to offer decentralized solutions. Understanding the necessity for its own native blockchain, Bitgert created the BRISE Chain, a BRC20 blockchain, to unlock its full capabilities. The BRISE Chain boasts near-zero gas fees and facilitates high-speed cross-chain transactions.
The Brise Chain utilizes the Proof of Authority (PoA) consensus mechanism, which enhances block speed and reduces transaction fees. Validators with the highest staked funds verify and add new blocks, with the system incorporating measures like double-sign detection to prevent malicious activity, ensuring the security and finality of transactions. The Brise Chain boasts an exceptional TPS capacity, handling around 100,000 transactions per second.
Initially deployed as a BEP20 token on the BNB Chain, BRISE became the native token of the Brise Chain after its inception. Bitgert provides a secure and immutable environment for blockchain applications, including NFTs, DeFi, Metaverse, and GameFi. Notable developments on the Brise Chain include the DeFi protocol Knit Finance, the NFT marketplace Miidas NFT marketplace, and the decentralized exchange SPYNX Labs.
The Brise Chain serves as a marketplace for decentralized digital asset issuance and exchange, allowing users to transact in BRISE, create new tokens, and digitize assets. EVM compatibility enables developers to migrate projects from Ethereum and utilize smart contracts. Applications like MetaMask can be configured to work with the Brise Chain, and users can explore transaction history using BRISE SCAN, API, and node RPC interfaces. Developers can issue tokens, run full nodes, and develop wallets and tools for dApps.
Bitgert stands out with its rapidly expanding ecosystem encompassing DeFi, NFTs, Web3, and the Metaverse. The ecosystem includes Bitgert Chain, an EVM-compatible blockchain with low gas fees, and BRISE Swap, a fast DEX powered by BNB Chain. Other offerings include a multi-currency wallet, staking program, auditing solutions, and a bridge for asset transfer from BNB Chain to Bitgert Chain. The team employs AI technology and manual code review to secure smart contracts, ensuring a safe environment for users.
What is BRISE token?
BRISE serves as the native cryptocurrency of the Brise Chain, a blockchain platform tailored for decentralized applications (dApps) and digital asset exchange.
The BRISE token holds various utilities within the Bitgert ecosystem, including:
- Payment of transaction fees for smart contract execution
- Staking for earning rewards
- Making payments on the Bitgert platform
- Participating in governance voting
- Engaging in airdrops and promotional activities
With a market capitalization of $126 million, BRISE has a total supply of 1000 trillion tokens and a circulating supply of 395,688.22 trillion tokens. BRISE's tokenomics encourage long-term holding, with a limited supply and a mechanism that burns a portion of transaction fees, potentially increasing the token's value over time.
Here is a summary table detailing BRISE's tokenomics:
- Market Capitalization: $126 million
- Total Supply: 1000 Trillion BRISE
- Circulating Supply: 395,688.22 Trillion BRISE
- Utilities: Transaction fee payment, staking, payments, governance voting, participation in airdrops
- Tokenomics: Limited supply, portion of transaction fees burned for potential value appreciation.
Symbol | BRISE |
Total supply | 1000 trillion BRISE |
Circulating supply | 395 trillion BRISE |
Market capitalization | $126 million |
Tokenomics: 2% of transaction fees are eliminated, 5% are rewarded to stakers, and 3% are allocated for marketing and development.
BRISE has achieved notable adoption. With a capable team and an intriguing roadmap, the project is poised for long-term success.
History of Bitgert (BRISE)
Bitgert (BRISE) was introduced in July 2021 with a goal of delivering innovative blockchain products and auditing solutions. Despite being developed by an anonymous team, Bitgert has demonstrated expertise in blockchain technology, swiftly launching a decentralized exchange (DEX), staking protocol, blockchain explorer, and auditing tools.
The project has garnered attention for its transparency, minimal fees, rapid Transactions-Per-Second (TPS), and open development approach, leading to a substantial following and listings on major cryptocurrency exchanges. In April 2022, Bitgert successfully launched its own blockchain, the Brise Chain, with a commitment to becoming a leading blockchain project.
The anonymous development team has hinted at revealing their identities in the future, a move that could positively impact the project's reputation and the price of BRISE. Bitgert also intends to establish itself as a legal entity, potentially in the Cayman Islands, before the launch of its exchange.
Features of Bitgert (BRISE)
The BRISE Chain (Bitgert) offers several appealing features for investors, including:
- Short block time and lower fees: The BRISE Chain uses Proof of Authority (PoA) consensus, enabling short block times and lower transaction fees, making it more efficient and cost-effective.
- Security and stability: Validators with the most bonded stakes become validators, ensuring security, stability, and finality of the chain through measures like double-sign detection.
- EVM-compatibility: The BRISE Chain supports Ethereum Virtual Machine (EVM) tooling, allowing developers to easily migrate their Ethereum-based projects with faster finality and cheaper fees.
- Interoperability: Efficient native dual-chain communication enables cross-chain transfers and communication, promoting interoperability and enhancing scalability for high-performance decentralized applications (dApps).
- On-chain governance: Distributed on-chain governance decentralizes decision-making, involving the community. BRISE serves as both gas for smart contracts and staking tokens.
- Dual-chain architecture: The BRISE Chain's dual-chain design facilitates fast trading and dApp development, making it ideal for investors seeking a versatile platform supporting both.
These features collectively make the BRISE Chain an attractive platform for investors, offering fast, cost-effective transactions, secure operations, efficient chain communication, and scalable dApps, all backed by decentralized governance and utility through the BRISE token.
BRISE token value
As of May 20, 2023, the value of 1 BRISE token stands at $0.00000031, with 400 Trillion BRISE tokens in circulation, resulting in a market cap of $126 million. This valuation is influenced by several factors, including its utility within the Bitgert ecosystem, its limited supply, and the general market sentiment toward cryptocurrencies.
As a utility token, BRISE can be utilized for various purposes such as transaction payments, staking for rewards, and participation in governance processes. The scarcity of BRISE tokens also plays a role in its value appreciation, as does the overall sentiment in the cryptocurrency market.
The value of BRISE is further bolstered by its utility, scarcity, strong community support, and technological foundation. Its utility in real-world transactions, combined with its limited supply, increases its intrinsic value. Moreover, being built on a secure blockchain platform adds to its credibility as an investment.
In conclusion, BRISE exhibits promising characteristics that contribute to its value proposition. Its real-world utility, scarcity, supportive community, and secure foundation make it an attractive investment option for those looking to participate in the cryptocurrency market.
How to buy BRISE tokens?
Purchasing Bitgert (BRISE) is a straightforward process, thanks to the efforts of the Bitgert team to simplify token acquisition. Here's a guide in 3 steps:
STEP 1: Registering on a Bitgert (BRISE)-Supporting Crypto Exchange
Numerous exchanges, such as Gate.io, MEXC, Pancakeswap, Bitmart, Lbank, XT.com, and Indoex, list Bitgert (BRISE). Create an account on one of these exchanges.
STEP 2: Depositing Funds
After setting up an account on the exchange that suits your preferences, deposit funds. The exchange will offer various deposit methods, including fiat and cryptocurrency options.
STEP 3: Purchasing Bitgert (BRISE)
With funds deposited in your account, you can now purchase BRISE tokens. The process of buying Bitgert (BRISE) is as simple as that.