Blockchain
Bitrise Coin The Next Big Thing In 2022
New York, New York–(Newsfile Corp. – November 10, 2021) – Bitrise coin the next big thing in 2022 – There are many facets of the Bitrise crypto coin that experts have looked at to come to this conclusion. Already, the coin is projected to end the year as the fastest-growing crypto coin. But what are the main factors driving the projected growth.
Bitrise
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Two critical areas make the Bitrise coin stand out as one of the biggest coins of 2022. They are the tokenomics and the network’s products. The former defines token quality, while the latter influences earnings made from the staking process.
On tokenomics, Bitrise coin stands out as one of the most attractive tokens in the market today. It is a hyper-deflationary token, and thus the demand and price of the token will automatically rise with every sale of the tokens in the pool. Immediately after launch, the team burnt 50% of the quadrillion tokens to stimulate scarcity.
To regulate tokens in the liquidity pool, Bitrise induces scarcity using an automated buyback and burning process. It is the first cryptocurrency to include automatic Buyback with an actual use case of payment systems. This is a unique feature that has given the token an edge in the crypto market.
Every 5% of the 12% fee charged sell transaction is sent into the buyback contract to automatically buy tokens from the liquidity pool. The purchased tokens are burnt immediately. This is how the Bitrise crypto coin has improved transparency in liquidity control.
When it comes to rewarding investors, Bitrise coin has one of the best approaches. 4% of the 12% fee is distributed to the token holders in BNBs. The rewards are sent to token holder wallets automatically every 60 minutes.
Bitrise crypto coin has some of the best decentralised products on the market. The team has so far released Bitrise Audits and Techrate Audit in August as the first products, and the Bitrise dApp wallets end October. The Wallet has the Beta 2 version, which recorded thousands of downloads during the first week of listing. The Bitrise exchange and IBitrise blockchain are among the upcoming products.
The Bitrise team announced the launch of the staking process, which will start immediately after the launch of the network’s revenue sharing staking program. Investors will share 80% APY of the revenues generated from the products such as Bitrise Audit, dApp wallet, Bitrise exchange, and others.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102774
Blockchain
Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)
Blockchain technology and cryptocurrency continue to redefine industries worldwide, driving innovation and creating new opportunities. In today’s edition of “Blocks & Headlines,” we explore major developments across the blockchain space, highlighting new projects, partnerships, and emerging trends.
Blockchain as a Catalyst for Innovation
The blockchain industry’s transformative potential was the focus of a recent report detailing how decentralized technologies are driving innovation in finance, healthcare, and supply chain management. Blockchain’s transparency and immutability are key factors enabling its adoption across diverse sectors.
In particular, the report noted the technology’s ability to enhance trust and efficiency in processes, reducing costs while improving security.
Analysis: Blockchain’s role as a catalyst for innovation is becoming more evident as industries beyond finance embrace its capabilities. The growing interest underscores the need for continued research and development to unlock its full potential.
Source: Cape Gazette
EVIANCX Enhances Cryptocurrency Usage in Latin America
EVIANCX, a leading blockchain platform, has announced new initiatives aimed at increasing cryptocurrency adoption in Latin America. The company is rolling out solutions to address challenges such as accessibility and education, targeting both businesses and individual users.
By simplifying blockchain technology and expanding infrastructure, EVIANCX seeks to empower communities and drive financial inclusion across the region.
Analysis: Latin America’s growing interest in cryptocurrency is fueled by its potential to address issues such as inflation and limited access to traditional banking services. EVIANCX’s initiatives could significantly enhance the region’s blockchain ecosystem.
Source: GlobeNewswire
Abstract: A Consumer Blockchain for the Masses
The launch of Abstract, a highly anticipated consumer-focused blockchain, marks a significant step toward making cryptocurrency more accessible. Abstract aims to simplify blockchain use cases, offering tools and applications designed for everyday users.
By prioritizing user experience and scalability, Abstract is positioning itself as a gateway for mainstream adoption of blockchain technology.
Analysis: Abstract’s approach to consumer-centric blockchain solutions highlights the industry’s shift toward usability and mass appeal. Simplifying complex systems is crucial for bridging the gap between blockchain enthusiasts and the general public.
Source: PR Newswire
Venice Launches VVV Token to Bridge Blockchain and AI
Venice, a pioneering blockchain project, has unveiled the VVV Token, designed to integrate blockchain with artificial intelligence. The token facilitates data exchange between AI systems and decentralized networks, promising advancements in predictive analytics, automation, and decision-making.
The initiative also includes partnerships with tech companies focused on AI and machine learning, ensuring robust support for the token’s ecosystem.
Analysis: Venice’s innovative fusion of blockchain and AI represents a significant trend in tech convergence. By combining these technologies, the project aims to unlock new possibilities for intelligent, decentralized systems.
Source: CoinSpeaker
KPMG India Partners with Hashgraph Group to Drive Blockchain Adoption
KPMG in India has teamed up with the Hashgraph Group to promote enterprise adoption of Hedera’s distributed ledger technology (DLT). The partnership will focus on delivering blockchain solutions tailored to industries such as finance, healthcare, and supply chain management.
This collaboration aims to leverage Hedera’s high-performance DLT to address scalability and efficiency challenges faced by enterprises.
Analysis: Partnerships like this highlight the growing interest in enterprise-grade blockchain solutions. By collaborating with established firms, blockchain projects can accelerate adoption and address real-world business needs.
Source: PR Newswire
Key Trends and Insights
- Consumer-Centric Blockchain: The launch of Abstract underscores the importance of user-friendly solutions in driving mainstream adoption of blockchain technology.
- Blockchain-AI Convergence: Projects like Venice’s VVV Token highlight the potential of integrating blockchain with artificial intelligence to create smarter, more efficient systems.
- Regional Focus: EVIANCX’s initiatives in Latin America demonstrate the growing importance of localized blockchain solutions that address specific regional challenges.
- Enterprise Collaboration: Partnerships such as KPMG India’s collaboration with Hashgraph Group emphasize the role of established enterprises in accelerating blockchain adoption.
- Broader Adoption: Blockchain’s application across industries continues to expand, showcasing its versatility and potential to drive innovation beyond cryptocurrency.
The post Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group) appeared first on News, Events, Advertising Options.
Bybit Fintech FZE
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