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Blockchain

Evergrow Coin Hype Gone: Members Joining Bitrise Coin

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  • 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.

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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.

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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

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Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

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Building Customer Trust in AI with Blockchain

Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.

Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.

Source: Harvard Business Review

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Blockchain at a Crossroads: Balancing Promise and Peril

As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.

The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.

Source: Cointelegraph


BRICS vs. USD: Blockchain’s Role in Economic Shifts

The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.

This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.

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Source: CoinGeek


Hungri Games Expands MetaHorse Unity to Base Blockchain

Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.

By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.

Source: CoinTrust


Nano Labs Purchases Trump Tokens to Celebrate Presidency

Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.

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The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.

Source: PRNewswire


Final Thoughts: Blockchain’s Expanding Horizons

This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.

While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.

 

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Blockchain

CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo

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OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara

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The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More

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