Blockchain
Safemoon, Metahero & Evegrow Competitor Bitrise Coin to Launch Revenue Sharing Staking Program
New York, New York–(Newsfile Corp. – November 2, 2021) – The competition between crypto coins in the market has gone a notch higher in 2021. Many new coins are doing pretty well in the market, like Safemoon, Metahero, Evegrow, and Bitrise coin. Among all these coins, Bitrise coin is among the newest and has quickly become one the most talked-about coins due to consistent rise in value for the last few months.
Bitrise
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Launched at the end of July, the coin has recorded a huge increase in value and its market cap. Just like Safemoon, Metahero, Evegrow, and other fast-rising coins of 2021, Bitrise coin is proving a force to reckon with. There are many investors that are sitting at thousands and millions of dollars in profits from $BRISE.
Crypto experts have been saying that the Bitrise coin will be the next “Safemoon” because of the rate at which the coin’s value is increasing. The coin has been competing with Safemoon, Metahero, Evegrow, and other tokens due to its innovative tokenomics and utility products, among other aspects.
Now Bitrise coin is taking the competition a notch higher with the launch of its revenue sharing staking program. The program will be one of the biggest milestones to this crypto project and will increase its competitiveness against Safemoon, Metahero, Evegrow, and many other coins even further.
One of the biggest reasons why most cryptocurrencies fail is because of their inability to share their growth with token holders. Bitrise coin is avoiding this mistake by making $BRISE token holders feel like part of the project by sharing revenues generously. The program will enable all token holders to enjoy appropriate income according to the weight of their investments.
The revenue sharing staking program to be launched is one of the most generous in the market. The team will be sharing revenue generated through projects’ products upon the launch of the staking process. The main products that are generating income at the moment are Bitrise wallet and Bitrise Audits, but in the near future, Bitrise exchange will add to the revenues the team will be sharing with token holders.
The most exciting thing about this revenue sharing staking program is the percentage of revenues that token owners will be getting. According to the information released by the team, they will be sharing 80% APY of the generated revenue on the network. This includes generated from the Bitrise Audits, Bitrise dApp wallet, and other products on the network.
This is definitely a good income, and it will make the token a tougher competitor to Safemoon, Metahero, and Evegrow. This is because these perks will attract more crypto investors. There are very few projects that are this generous in their revenue sharing with token holders. With 80% APY up for sharing, it means the more tokens investors stake, the more income they earn. This will get more people to stake their coins, and in return, the network will be faster and more secure. This is considering the network runs on a PoS protocol.
In addition to the 80%APY of the generated revenues, token holders will also enjoy the BNB rewards. Therefore, the total income will be a share of the revenues generated by the products plus the rewards for holding the tokens. The payment will be sent automatically into the wallets of the staked token holders.
With the launch of the revenue sharing staking program, the value of the Bitrise coin will increase by huge margins. More investors will join the coin, especially after the launch of the staking program. This includes members from Safemoon, Metahero, and Evegrow community because the Bitrise dApp wallet can support all of these tokens.
For cryptocurrency investors, the Bitrise coin is the real deal. The coin has a bunch of incredible products that will make it super competitive to most of the hot coins today, including Safemoon, Metahero, and Evegrow.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
PR – Cryptoshib.com
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101714
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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