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Bitgert

Bitgert is a crypto-engineering organization that develops solutions for , , and the . 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 . Initially, Bitgert was built on the  and used , its native token, to pay rewards. However, one of the most significant Bitgert developments was presented in 2022: the 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 (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 and can handle up to 100,000 transactions per second (TPS). [6]

Technology

Using a (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 (DEX) powered by the 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 . 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 Smart Technology before moving to its own native blockchain, , which is distributed to the community by Bitgert. BRISE is hence Bitgert's native coin, allowing investors to benefit from 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]

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Bitgert

Commit Info

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Edited On

September 16, 2024

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