Blockchain
Cardano Community Members Join Bitrise coin
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.
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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.
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.
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.
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/103430
Blockchain
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Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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