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Bitgert

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This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Bitgert?

Bitgert (BRISE) is a utility token that powers a blockchain-based ecosystem focused on providing affordable and scalable solutions for various projects, including NFTs, the metaverse, Web3, and DeFi initiatives. It operates on the Bitgert Chain, which is known for its high transaction speeds of up to 100,000 TPS and minimal gas fees. The token is used for trading, staking, and peer-to-peer transactions within the ecosystem.

How is Bitgert used?

Bitgert (BRISE) is a versatile cryptocurrency that serves several purposes within its ecosystem. Here are the key uses of BRISE:

  1. Peer-to-Peer Payment System: BRISE is used as a peer-to-peer payment crypto for services that take advantage of the Bitgert dApp wallet. This allows for direct, low-cost, and efficient transactions without the need for intermediaries.

  2. Gas Fees: BRISE tokens are used to pay gas fees for smart contract execution on the Bitgert Chain.

  3. Staking: BRISE tokens are used for staking, which allows users to earn rewards in BUSD on the Binance Smart Chain (BSC) network.

  1. Network Transaction Fees: BRISE tokens are used to collect network transaction fees.

  2. Trading Pair: BRISE is used as a trading pair on various decentralized exchanges (DEXs), facilitating efficient cryptocurrency trades at minimal fees.

  3. Token Creation and Capital Generation: The Bitgert Startup Studio allows developers and entrepreneurs to launch their own tokens on the BRISE Chain, supporting both private and public token sales.

These diverse uses make BRISE a central component of the Bitgert ecosystem, providing a robust and multifaceted environment for various crypto activities.

How do I store Bitgert?

To store Bitgert (BRISE) tokens, you can use several wallet options:

  1. Trust Wallet: You can add Bitgert to Trust Wallet by searching for it in the token search function, specifying the network and contract details if necessary. This allows you to manage your BRISE holdings securely on your mobile device.

  2. BitKeep Wallet: BitKeep offers a dedicated Bitgert wallet that can be installed via Google Play, App Store, or a Chrome extension. It supports various DApps, including DeFi, NFT, and exchange services, and allows you to send, receive, and swap BRISE tokens.

  3. Guarda Wallet: Guarda is a multi-currency wallet that supports Bitgert. You can create a Bitgert wallet on Guarda's platform, which allows you to buy, send, receive, and store BRISE tokens securely. Guarda offers both web and mobile app versions.

  1. Ledger: Some users have mentioned using Ledger to store their BRISE tokens, although the process is not explicitly detailed.

Before choosing a wallet, ensure it is updated and connected to the internet. Always prioritize security by keeping your recovery phrase and private keys secure and verifying transaction details carefully.

How to buy Bitgert?

To buy Bitgert (BRISE) tokens, follow these steps:

  1. Choose a Reliable Exchange: Select a reliable centralized exchange (CEX) that supports Bitgert trading, such as MEXC, KuCoin, or CoinEx. You can also use decentralized exchanges (DEX) like 1inch if you prefer.

  2. Create an Account: Register an account on the chosen exchange's official website or mobile app. This typically involves providing personal information and email verification.

  3. Verify Your Account: Complete the Know-Your-Customer (KYC) process to increase withdrawal limits and unlock additional features. This may require government-issued identification documents.

  1. Deposit Funds: Deposit fiat currency or other cryptocurrencies like USDT, ETH, or BNB into your exchange account. You can use services like PayPal or Robinhood for funding via bank accounts or credit cards.

  2. Buy Bitgert: Use the deposited funds to buy Bitgert tokens. You can choose between Market or Limit orders, depending on your trading strategy.

  3. Store Your Tokens: Once you have purchased Bitgert, you can store them in your exchange wallet or transfer them to a non-custodial wallet like MetaMask for added security.

  1. Monitor Your Investment: Keep track of your Bitgert investment performance and adjust your strategy as needed.

Remember to research each exchange's fees, security features, and supported currencies before choosing where to buy Bitgert.

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History of Bitgert

Bitgert, initially known as Bitrise, is a blockchain-based crypto engineering organization that was launched in July 2021. It focuses on providing blockchain-audit services and products globally. The project is built on the Binance Smart Chain (BSC) blockchain and has since expanded to its own proprietary blockchain, the Brise Chain, which is known for its zero gas fees and high transaction capacity of up to 100,000 transactions per second.

The native token of the Bitgert ecosystem is BRISE, which operates based on smart contracts and is EVM-compatible. This compatibility allows for seamless integration with Ethereum-based tools and decentralized applications (dApps). BRISE tokens are used for various purposes, including paying gas fees for smart contract execution, staking, peer-to-peer payments, and collecting network transaction fees.

Since its inception, Bitgert has undergone significant developments. The BRISE token initially priced at $0.000000000001 and quickly gained attention from investors. It experienced an upward trajectory, breaking past its starting price in September 2021. The token continued to fluctuate in value, reaching an all-time high of $0.000001605 in March 2022 before experiencing a decline and partial recovery.

Bitgert has also expanded its offerings, introducing features such as Bitgert Audits, the Bitgert Swap feature, and the BRISE wallet. The project has also partnered with Ivendpay, a payment system that enables vending machine payments using cryptocurrencies. Overall, Bitgert has made a significant impact in the decentralized finance (DeFi) sphere and continues to evolve as a versatile cryptocurrency platform.

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How Bitgert works

Bitgert (BRISE) is a cryptocurrency that operates on its proprietary blockchain, known as Brise Chain. This blockchain employs a unique "proof of authority" (PoA) validation mechanism, which enhances transaction speed and reduces fees. Here's a detailed overview of how Bitgert works:

Consensus Mechanism

The PoA consensus mechanism is designed to ensure swift block creation and minimal transaction fees. The most bonded validator candidates are chosen to become validators and produce blocks. This process is secured by double-sign detection and other slashing logic, guaranteeing the security, stability, and finality of the blockchain.

Smart Contract Functionality

Brise Chain is compatible with the Ethereum Virtual Machine (EVM), allowing it to support smart contracts and decentralized applications (dApps). This compatibility makes it easy for developers to port their projects from Ethereum, leveraging the rich ecosystem of Ethereum tools and dApps.

Tokenomics

The native token, BRISE, plays a crucial role in the Bitgert ecosystem. It is used for various purposes, including:

  • Gas Fees: BRISE is used to pay for gas fees when executing smart contracts.
  • Staking: Users can stake BRISE tokens to participate in the validation process.
  • Peer-to-Peer Payments: BRISE enables direct, low-cost, and efficient transactions within the ecosystem.
  • Network Transaction Fees: BRISE is used to collect fees for transactions on the network.
Key Features
  • High Transaction Speed: Brise Chain can handle up to 100,000 transactions per second, making it one of the fastest blockchains in the crypto realm.
  • Low Fees: The PoA consensus mechanism and EVM compatibility ensure minimal transaction fees.
  • Interoperability: Bitgert supports cross-chain functionality, allowing for seamless interactions with other blockchain networks.
Use Cases
  • Decentralized Exchange (DEX): Bitgert is used as a trading pair on various DEXs, facilitating efficient cryptocurrency trades at minimal fees.
  • Token Creation: The Bitgert Startup Studio enables developers to launch their own tokens on the BRISE Chain, supporting both private and public token sales.
  • Peer-to-Peer Payments: BRISE streamlines direct transactions within the ecosystem, making it an essential asset for various crypto applications.

Overall, Bitgert (BRISE) offers a robust and scalable environment for decentralized finance (DeFi), non-fungible tokens (NFTs), and the metaverse, with its high-speed transactions, low fees, and EVM compatibility making it an attractive option for developers and users alike.

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Bitgert's strengths

The token Bitgert (BRISE) has several strengths that contribute to its potential and growth:

  1. Native Blockchain: Bitgert operates on the BRC20 blockchain, which offers near-zero gas fees and high-speed cross-chain transactions, making it attractive for traders. This blockchain can handle up to 100,000 transactions per second (TPS) with a gas fee of $0.0000000000001 per transaction.

  2. Smart Contracts and EVM Compatibility: The BRISE Chain supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), allowing for seamless integration with Ethereum-based tools and decentralized applications (dApps). This compatibility makes it easy for developers to migrate from Ethereum.

  3. Deflationary Mechanism: The smart contract on the BSC Chain features a buyback mechanism, where 5% of every transaction fee is directed towards buybacks, 3% for marketing, and 4% for staking rewards. This mechanism is designed to support the price of the BRISE token, making it a deflationary asset.

  1. Peer-to-Peer Payment Service: BRISE is used as a peer-to-peer (P2P) service in the BRISE dApp Wallet, enabling buyers and sellers to interact directly without third-party involvement. Transactions are carried out quickly, securely, and with zero fees.

  2. Diverse Ecosystem: Bitgert offers a range of products and services, including a decentralized finance (DeFi) protocol called Knit Finance, a non-fungible token (NFT) marketplace called Miidas NFT Marketplace, and the decentralized exchange (DEX) SPYNX Labs. This diverse ecosystem enhances the utility of the BRISE token.

  3. Strong Buying Pressure: Market performance indicates strong buying pressure related to the token, with significant price increases despite market corrections. Analysts predict further growth, with some projections suggesting a surge of over 200 times its current value.

These strengths have contributed to Bitgert's rapid growth and its potential for continued expansion in the cryptocurrency market.

Bitgert's risks

Bitgert (BRISE) carries significant financial risks. It is considered a high-risk investment due to its potential for price manipulation. The token's risk score is based on factors such as the amount of money required to shift its price over a 24-hour period, recent changes in volume, and market capitalization. This analysis indicates that BRISE is susceptible to significant price fluctuations, which can result in substantial losses for investors. Additionally, investing in BRISE, like any other cryptocurrency, involves inherent risks, including market volatility and the possibility of losing money rapidly due to leverage.

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Bitgert's ecosystem

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Bitgert’s team

  • David Ben: The founder of Bitgert, who emphasizes transparency and community engagement through active online presence and communication with users.

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