Blockchain
Evergrow Coin Hype Gone: Members Joining Bitrise Coin
- Fast building of the DeFi protocol
- Attractive rewards for crypto users
- Bitrise coin has innovative and attractive tokenomics
New York, New York–(Newsfile Corp. – December 2, 2021) – Evergrow Coin’s hype is gone as members are joining Bitrise Coin. Evergrow coin might go down in history as one of the most hyped crypto coins of 2021. Hitting an all-time high of $873 and plummeting back to cents in less than 24 hours left users in shock. Things have not improved for this coin.
Evergrow coin hype is fading fast, and the coin price has plummeted further in the last few weeks. Members are now joining other promising crypto coins that are offering a real utility and development record, and Bitrise coin has been the favourite choice for Evergrow coin members.
Bitrise
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Bitrise is still a mooning crypto coin launched on 28th July 2021. The token is ranked among the fastest-growing crypto coins today. Bitrise is a DeFi protocol built on Binance Smart Chain and has accomplished a lot compared to other DeFi projects, and this is attracting users.
The fast accomplishment, the innovative tokenomics, good rewards and being a mainstream coin are things attracting Evergrow coin members. Evergrow is a meme coin, which is not built on a stable foundation like Bitrise coin. This is one of the reasons why Evergrow users are now joining the latter.
On accomplishments, the Bitrise team has developed the Bitrise Audits, Techrate Audi, and dApp wallet, which are products running in the Bitrise ecosystem today. This has been achieved in just four months. The exchange is coming up in Q1 2022, and blockchain research has already started.
Such fast accomplishments in development are making Bitrise very appealing to Evergrow coin members. But it is the upcoming staking that is driving the fast-growing popularity of the BRISE token in the last few days. The team says it is launching the staking at the end of November.
The 80% APY of the revenue generated by the products running in the Bitrise ecosystem will be shared among staked tokens. With Bitrise Audits, Techrate Audi, and dApp wallet products already running in the ecosystem, the platform is going to reward staked tokens handsomely. Evergrow coin members want part of the staking rewards.
But the innovative Bitrise tokenomics are still very appealing. First, this is a hyper-deflationary token where token supply is always depreciating. Bitrise has developed a buyback contract to buy back tokens from the liquidity pool and automatically burn them.
The 5% of the collected 12% tax goes to buyback contract, and this is how users are protected from fast plummeting token prices. Bitrise has a token holding reward, which is 4% of the tax collected. The reward is redistributed as BNBs to all token holders and is done automatically. Every 60 minutes, token holders’ wallets are added BNBs.
Evergrow coin members will enjoy better rewards and token value by joining Bitrise coin. Bitrise has been listed on MEXC Global, L Bank, and Bitmart, making the coin more accessible to users.
Follow Bitrise coin social media platforms for the latest updates!
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/106284
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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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