What Is Bitgert (BRISE)?

Bitgert (BRISE) is a crypto engineering project launched in July 2021 that specializes in blockchain products and centralized exchange. Initially, Bitgert was built on BNB Chain and used BNB, its native token, to pay rewards. However one of the most significant Bitgert developments was presented in 2022: the BRC20 blockchain. It offers near-zero gas fees and high speed cross-chain transactions. More specifically, the gas fee is $0.0000000000001 per transaction, while the supported throughput is up to 100,000 TPS.

The list of Bitgert products also includes Bitgert Blockchain, Bitgert Exchange, Paybrise, Realestate Marketplace, Decentralized marketplace, BRISE staking, BRISE Swap.

Bitgert offers an alternative to the popular DEX platform PancakeSwap.

BRISE is Bitgert's native token, allowing investors to benefit from staking and earning rewards in BUSD on BSC network only.

Smart contract on BSC Chain feature a buyback mechanism. To be more precise, Bitgert directs 5% of every transaction fee for buyback, 3% for marketing and 4% for staking rewards. According to the team, buyback is meant to support the price of BRISE token making it a deflationary asset.

Smart contract on ETH Network has zero tax fee

BRISE claims to have a real use case with becoming the global payment system and is applied as a peer-to-peer (P2P) service in the BRISE dApp Wallet. Thus, buyers and sellers interact directly, without the participation of a third party, through the P2P service, and transactions are carried out quickly, securely and with zero fees.

Who Are the Founders of Bitgert?

The Bitgert project started its journey in the summer of 2021, the whitepaper indicates that the platform was launched in July. This entire time the dev team worked anonymously, but it was announced that they are planning to reveal their identities when the time comes. So far, no specific deadlines have been published, but one thing remains certain - doxxing the team should positively affect the project’s reputation and the price of BRISE, since the move can lead to building trust from the crypto community and generating more interest among investors. In addition, according to the team, in the short term and before the exchange launch, Bitgert will be registered as a legal entity, presumably in the Cayman Islands.

What Makes Bitgert Unique?

Bitgert (BRISE) uses a DeFi protocol and was deployed on BNB Chain. The rapidly growing ecosystem covers areas such as DeFi, NFT, Web 3.0 and Metaverse.

The Bitgert ecosystem introduces the following products:

Bitgert Chain is an EVM-compatible blockchain with gas fees as low as $0.00000001 per transaction;

BRISE dApp Wallet with BRC20/ERC20/BEP20 support for Android and iOS. The multi-currency crypto wallet allows users to send, receive, store and swap various crypto assets in a safe and secure manner;

BRISE Swap is a fast and cheap decentralized exchange (DEX) powered by BNB Chain. BRISE Swap positions itself as an alternative to the PancakeSwap platform - a decentralized exchange for swapping BEP20 tokens on BNB Chain;

BRISE Staking. The program allows BRISE holders to stake their tokens and earn ​​BUSD in reward;

Audit Solutions with Leaderboard Support is responsible for security of the blockchain. Bitgert Audit uses cutting-edge AI Technology and Manual code review to protect smart contracts;

Bitgert Bridge. The product is still under development, however, in the near future, the technology will help transfer assets from BNB Chain to Bitgert Chain.

Related Pages:

Read about Cardano (ADA) and Centcex (CENX).

Learn more about PancakeSwap (CAKE).

The latest data about BNB (BNB).

What are Peer-to-Peer (P2P) networks? Find out with CMC Alexandria.

Brush up on crypto terms with our glossary.

Check out our DeFi guide.

How Many Bitgert (BRISE) Coins Are There in Circulation?

BRISE token functions as an intermediary in a peer-to-peer (P2P) service for payments in local currency, with the use the BRISE Wallet dApp, featuring fast and secure transactions and zero transaction fees. In this scenario, a seller and a buyer can cooperate directly with each other, without the need for intermediaries.

The token is endowed with a buyback mechanism. How does it work: a 5% buyback tax is charged on each transaction and stored inside a smart contract. If the sale has taken place, then part of the tax paid is allocated to the automatic token purchase from the liquidity pool, with the said tokens being burned immediately afterwards. Advantages: price increase (buying tokens from the liquidity pool results in new BNB tokens being added to the pool and a decrease in the number of BRISE tokens); the emergence of free BNB tokens; reliability and trust from the investors.

Moreover, Bitgert shares with its investors a 4% commission on every transaction, proportional to their stake and in BUSD tokens. The total tax commission on the network is 12%.

The full supply of BRISE tokens of 1,000,000,000,000,000 coins was minted at the platform launch. The distribution is as follows: 50% to Initial burn, 38% to Liquidity, 7% to Future development and Marketing, 5% to Dev Team.

How Is the Bitgert Network Secured?

BRISE Chain is relying on a proof-of-staked-authority consensys mechanism for its security. Audit Solutions with Leaderboard Support aims to secure the Bitgert network. The platform provides free auditing to protect equally smart contracts and blockchains. The latest Bitgert Audit was released in August 2021.

Where Can You Buy Bitgert (BRISE)?

As of April 2022, users can buy BRISE tokens at several platforms like Gate.io, PancakeSwap (V2), MEXC, Hotbit among other CEXs and DEXs.

Here is a list of the best bitcoin wallets to keep your coins safe.

Download the CMC mobile app to track prices of BRISE or BNB in real-time.

Visit the CMC blog to increase your knowledge of crypto.