Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Cardano Community Members Join Bitrise coin

Published

on

New York, New York–(Newsfile Corp. – November 13, 2021) – The Cardano community joins Bitrise. Cardano is a blockchain platform that provides unmatched security and sustainability to decentralized applications, and systems. The Cardano team says that the Cardano platform is the first peer-review researched blockchain platform. Cardano promises to provide the most secure blockchain platform.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8372/103430_921996be04eed809_001full.jpgPG

Recently, Cardano has been receiving tough competition from new coins. Though Cardano has been around since October 2017. Among the new entrants competing with Cardano is Bitrise, a coin that is the fastest growing crypto in the market today. Launched on 28th July, Bitrise coin is now competing with Cardano.

Recently, Cardano community members have been joining Bitrise coin. This is where the competition between Cardano and Bitrise is most at. Bitrise has been accomplishing things Cardano took a while. With just 4 months since the token launch, Bitrise has done more than Cardano did in the same period.

Advertisement

Every crypto user looks for the next big opportunity, and Cardano members are no exception. The Bitrise team says they have a good product that is appealing to Cardano community members. Just like Cardano, the team is developing a blockchain-based platform, which is a DeFi protocol.

DeFi projects are the biggest things in the market today, and Cardano users find Bitrise a perfect opportunity. According to the team, Bitrise’s decentralised finance system is attractive, which is why Cardano users are joining it. It will be the biggest thing in DeFi when completed, and Cardano members know it.

Tokenomics

One factor attracting Cardano community members is the rewards Bitrise platform offers. Bitrise says it has more rewarding tokenomics than Cardano. Bitrise’s innovative tokenomics is one of the reasons Cardano members are joining. First, Bitrise is a hyper-deflationary token. Therefore, Cardano users are assured of its diminishing volumes in the pool. The token increases in value due to high demand.

Bitrise has been distributing 4% of the 12% tax charged token sale transactions to token holders, including Cardano community members. All Cardano members in Bitrise will get BNBs in their wallets for just holding $BRISE.

Advertisement

The team is planning to launch staking by the end of November 2021, and the move has attracted Cardano members. The 80%APY revenue share is also attracting many crypto members. Cardano staking platform is yet to be launched.

As a Defi project, Bitrise is releasing multiple products for its network users. Cardano blockchain will also have products in its ecosystem. But the Cardano team has not been as fast as Bitrise. Already, Bitrise has Bitrise Audits, Techrate Audit and Bitrise dApp wallet

The team is also positive that more Cardano members will join after a successful staking process. The number of Cardano members joining has also been rising fast, according to the Bitrise team.

Bitrise platform is developing more decentralised products that will make it more appealing to Cardano and other crypto community members. The team has confirmed the development of the exchange, which will bring more Cardano community members.

Just like Cardano, Bitrise will be launching a blockchain program. So unlike Cardano, Bitrise blockchain will also host the Bitrise DeFi protocol. This will increase revenues and the passive income for Cardano and other crypto members joining the coin.

Advertisement

Media Contact

John K

Email: [email protected]

Website: https://www.bitrisetoken.com

Telegram: https://t.me/bitrisetoken

Advertisement

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103430

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Mainframe Market Valuation is Skyrocketing to Reach US$ 7,241.13 Million by 2033 | Astute Analytica

Published

on

mainframe-market-valuation-is-skyrocketing-to-reach-us$-7,241.13-million-by-2033-|-astute-analytica
Continue Reading

Blockchain

Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto

Published

on

bitget-partners-with-fiat24-to-advance-payfi-solutions-for-crypto

Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto

Continue Reading

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

Published

on

lct-secures-vara-in-principle-approval,-defining-its-role-in-dubai’s-crypto-landscape
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE