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Bitgert
Bitgert
Bitgert is a crypto-engineering organization that develops blockchain solutions for decentralized finance, NFTs, and the metaverse. Their mission revolves around harnessing blockchain technology to improve user experiences through innovation and problem-solving. [1][2]
History
Bitgert (BRISE) is a crypto-engineering project launched in July 2021 that specializes in blockchain products and centralized exchange. Initially, Bitgert was built on the BNB Chain and used BNB, its native token, to pay rewards. However, one of the most significant Bitgert developments was presented in 2022: the BRC-20 blockchain. [5]
Initially launched as an app on Binance Smart Chain under the name Bitrise, the project underwent a rebranding in December 2021. [5]
In February 2022, Bitgert introduced its proprietary blockchain network, referred to as Bitgert or Brise Chain. This network employs a unique "proof of authority" (PoA) validation mechanism, enhancing transaction speed and reducing fees. While claiming to offer zero gas fees, minimal transaction fees are incurred, and paid in the BRISE token. [5]
Overview
The Bitgert organization’s native blockchain is the Brise Chain, which has no gas fees and can handle up to 100,000 transactions per second (TPS). [6]
Technology
Using a Proof of Authority (PoA) consensus system, Brise Chain accelerates block creation and reduces transaction fees. The most staked validators become verifiers, adding new blocks to the blockchain. To ensure security and stability, the system is equipped with dual-signature detection and other measures to prevent malicious activities. This ensures that blockchain transactions are final and secure. Brise Chain can also handle around 100,000 transactions per second. [6]
Products
Bitgert Exchange
Bitgert Exchange is a decentralized exchange (DEX) powered by the BRC-20 blockchain. It offers Spot trading, crypto purchases, IEO Listing, and the Bitgert Launchpad. [7]
P2P Marketplace
The Bitgert P2P marketplace is a platform that allows users to buy and sell "anything" on Bitgert. It offers 24/7 support, free shipping, money return, and order discounts. [8]
PayBrise
Bitgert Paybrise is a technology offering a set of solutions that optimize cash flow between users. It allows clients to efficiently purchase goods or services while ensuring businesses receive full and rapid payment. Additionally, it enables businesses to extend payment terms to their suppliers, while allowing both large and small suppliers to be paid. [6][9]
Bitgert Ventures
Bitgert Ventures backs visionary entrepreneurs who align with their mission of promoting greater economic freedom worldwide. [10]
At Bitgert Ventures, we invest in exceptional entrepreneurs who are advancing the crypto/Web3 ecosystem and share our mission of creating greater economic freedom worldwide. We partner with founding teams in the early stages and invest across all categories within the cryptoeconomy.
As strategic partners, we collaborate with founders and offer operational experience, distribution, strategic partnerships, and other forms of support to help them succeed. - Bitgert Ventures mission statement. [10]
$BRISE
Bitgert Coin (BRISE token) functions as an intermediary in a peer-to-peer (P2P) service for payments in local currency, with the use of the BRISE Wallet dApp. In this scenario, a seller and a buyer can cooperate directly with each other, without the need for intermediaries. [3][4]
BRISE was initially based on BEP-20 Smart Technology before moving to its own native blockchain, BRC-20, which is distributed to the community by Bitgert. BRISE is hence Bitgert's native coin, allowing investors to benefit from staking and earning rewards. [6]
BEP20 (BRISE) features a buyback mechanism. Specifically, Bitgert allocates 5% of every transaction fee for buyback, 3% for marketing, and 4% for staking rewards. This structure makes BRISE a hyper-deflationary coin. [6]
Tokenomics
The full supply of BRISE coins of 1,000,000,000,000,000 coins was minted at the platform launch. The distribution of Bitgert (BRISE) is as follows: 50.00% is allocated to Initial Burn, 38.00% is allocated to Liquidity, 7.00% to Future Development & Marketing, and 5.00% is allocated to the Dev Team. [3][4][6]
Partners
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September 16, 2024
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