Exchange Bitrise Token (BRISE)

Bitgert is a blockchain-based crypto engineering institution dedicated to delivering innovative solutions for blockchain-based audits and products worldwide. To further its mission, the institution has engineered a high-speed blockchain known as the Brise Chain. Serving as the native blockchain of the Bitgert organization, the Brise Chain offers users a low fee structure and boasts an impressive capacity to handle up to 100,000 transactions per second (TPS).

The development team chose to remain anonymous initially, but they have announced their intent to reveal their identities at a later time. While specific deadlines for this disclosure have not been published, the decision to doxx the team is expected to positively impact the project's reputation and the value of the BRISE token. Such transparency is likely to build trust within the crypto community and generate heightened interest among potential investors.

According to the Whitepaper, The Brise Chain is built with a dual-chain architecture. This means it can handle tasks from two different blockchain networks and enables the development and operation of applications on the blockchain. This setup allows users to create DApps, trade, and perform various actions within the network. 

The Brise Chain offers a few key advantages:

• EVM Compatibility: It's compatible with tools and assets from the Ethereum blockchain network because it uses the Ethereum Virtual Machine (EVM) for verifying blocks on the network.
• Interoperability: DApps created on the Brise Chain can work smoothly on both the Ethereum and Brise networks, improving scalability and providing users with a faster and more efficient experience.

These features result in a dual-chain system offering a secure, cost-effective, faster, and stable network for conducting transactions.

Through the utilization of the Brise Chain, Bitgert has cultivated a diverse ecosystem of products that encompasses NFTs, Web3 applications, DeFi solutions, and more. These products empower users to actively engage in the Bitgert ecosystem, enabling operations such as trading and exchanges.

Bitgert's extensive product lineup includes the Bitgert Blockchain, Bitgert Exchange, Paybrise, Realestate Marketplace, Decentralized marketplace, BRISE staking, and BRISE Swap. Notably, Bitgert provides an attractive alternative to the well-known DEX platform, PancakeSwap.

Bitgert embarked on its crypto engineering journey with a launch in July 2021, specializing in blockchain products and centralized exchanges. Initially founded on the BNB Chain and utilizing BNB as its native token for rewards, Bitgert reached a significant milestone in 2022 with the introduction of the BRC20 blockchain.

BRISE is the native token of the Bitgert network. It serves multiple purposes within the network: 

• Staking and earning rewards;
• Payment for transaction fees;
• Governance and decision-making;
• Incentives for liquidity providers;
• Trading on exchanges;
• NFT creation and exchange;
• Participating in DeFi protocols;
• Yield farming;
• Utility in ecosystem applications;
• Cross-chain transactions;
• P2P services in the BRISE dApp Wallet.

BRISE tokens are generated on the Brise chain using a proof-of-authority (PoA) mechanism. In this model, the block creators also serve as validators. All validators are carefully vetted and selected by the Bitgert organization. To qualify as a validator, block owners must disclose their real identities, commit a deposit in the token to demonstrate a long-term dedication, and adhere to the same standards as other candidates. Through this PoA mechanism, approved validators mine tokens by validating transactions on the Brise Chain, leading to the creation of tokens.

The BRISE token enables investors to engage in staking and earn rewards in BUSD exclusively on the Binance Smart Chain (BSC) network. A unique feature of the smart contracts on the BSC Chain is the incorporation of a buyback mechanism. Specifically, Bitgert allocates 5% of every transaction fee to buy back BRISE tokens, dedicates 3% for marketing efforts, and designates 4% for staking rewards. This strategic buyback mechanism is intended to provide ongoing support for the price of BRISE, positioning it as a deflationary asset within the ecosystem.

Bitgert distributes a 4% commission to its investors for each transaction, with the commission being proportionate to their stake and paid out in BUSD tokens. The overall tax commission on the network amounts to 12%.

At the platform's inception, the entire supply of BRISE tokens, totaling 1,000,000,000,000,000 coins, was minted. This supply is allocated as follows: 50% for Initial burn, 38% for Liquidity, 7% for Future development and Marketing, and 5% for the Development Team. As of November 2023, the circulating supply of BRISE is 395.69T tokens. 

Bitgert aims to realize a tangible use case for BRISE by establishing it as a global payment system. This vision comes to life in the form of a peer-to-peer (P2P) service integrated into the BRISE dApp Wallet. This innovative P2P service facilitates direct interactions between buyers and sellers, eliminating the need for intermediaries and ensuring swift, secure, and fee-free transactions.

Bitgert's short-term plans include registering as a legal entity, possibly in the Cayman Islands, before the launch of their exchange, solidifying the project's legal and operational framework.

The Average Fees On BRISE

Bitgert offers near-zero gas fees, with transaction costs as low as $0.0000000000001 per transaction, while supporting a remarkable throughput of up to 100,000 TPS.

The BRISE Token Wallets

BRISE can be held in a variety of crypto wallets, including MetaMask, TokenPocket, Assure Wallet, SafePal, Coinhub, OKX Wallet, SimpleHold Wallet, Binance Wallet, Coin98, Venly, Frontier Wallet, Blocto Wallet, etc.