Over the past several years, there has been a stratospheric rollercoaster ride for all digital assets and cryptocurrencies. A multitude of different blockchain projects were launched, and Bitgert (BNB | ETH | USDT: $BRISE) was one of them. Most notably, it holds the attention of investors due to its bold claim of its BRC20 blockchain with almost zero fees, high speed, military-grade security, and nearly instant transactions.
The Bitgert BRC20 Ecosystem
Bitgert launched their own BRC20 blockchain in February 2022, known as $BRISE Chain. It provides a reliable and affordable environment for NFTs, Metaverse, and Decentralized Finance (DeFi) projects.
The project claims that it has the ability to handle 100,000 transactions per second with infinitesimal fees, as low as $0.00000001. These statistics make it the cheapest and second fastest blockchain project, after Aptos, which has the capability to handle 160,000 transactions per second.
Bitgert is a multi-tier and multi-cluster system architecture, which supports Web, Android, iOS, PC, and HTML5. The project has partnered with AmpleSwap (which supports DeFI) and Math Wallet (which supports over 50 coins, including $BRISE).
Furthermore, the Bitgert platform is compatible with EVM (Ethereum Virtual Machine). This compatibility with EVM provides a simple and cost-effective way for developers to move their projects from Ethereum.
The $BRISE Token
$BRISE is a native cryptocurrency of the Bitgert chain project. In addition to paying microscopic transactions fees when utilizing the network, the token has a real world use case in the Bitgert Exchange, P2P Marketplace, PayBrise, and Geo Web3 Real Estate Marketplace. $BRISE can also be used in its 100s of dApps; such as for booking flights, hotels, transfers and experiences through TravelCare.io.
Unique Buyback and Burn Mechanism
Bitgert has a unique buyback initiative or mechanism, which buys back $BRISE from the old BSC chain and burns them. This shows us that the Bitgert project is deflationary, as it intends to reduce the supply of its cryptocurrency over time. Burn BRISE reported a total burn rate of 59.45% in July 2023.
Tokenomics
Bitgert’s $BRISE token currently has a market cap of $144.73M. There are presently 405,413,119,524,340 tokens in circulation. While the price of the token has moved upward in recent weeks, it is important to remember that $BRISE is still trading for a fraction of its all-time high price that was set in March 2022.
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Final Thoughts
Bitgert and $BRISE continue to make waves with its BRC20 Blockchain. 100s of diverse projects continue to launch dApps on the network providing real-life utility. With a surge of developers flocking to Bitgert, it should be no surprise if we witness $BRISE retest all-time highs in the months to come.
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