BRISE is the native token of the Bitgert network, a smart contract platform that aims to become the preferred destination for blockchain developers. It is built on the Binance blockchain and advertises itself as a staking platform and a decentralised exchange. BRISE has gained popularity due to its potential to become a top player in the industry, but there are some red flags and controversies surrounding the project that potential investors should be aware of.
What You'll Learn
BRISE's unique model
BRISE, the native token of the Bitgert network, has gained popularity due to its potential to become a top player in the cryptocurrency industry. Its unique model offers distinct advantages that set it apart from other coins in the market.
One of the key features of BRISE's model is its ability to increase token value by reducing supply. This is achieved through regular token burns, where some BRISE tokens are burned, thereby decreasing the available supply and driving up the value. Additionally, BRISE incorporates a Buyback feature, where a 6% tax is charged on each transaction. When tokens are sold, the platform uses these funds to automatically repurchase tokens, further reducing supply and boosting value.
The BRISE model also provides constant rewards for investors. The platform collects a 12% transaction fee, and every 4% of that amount is distributed to BRISE holders in the form of Binance (BNB) coins. Notably, these rewards are given out every 60 minutes, providing a steady stream of income for investors.
Another advantage of the BRISE model is its integration with the Binance Smart Chain. The BRISE token was initially launched as a BEP-20 token on the Binance network, leveraging the security and liquidity provided by one of the leading cryptocurrency exchanges. This integration enhances the credibility and accessibility of BRISE for investors.
Furthermore, the Bitgert network has introduced its own blockchain, the BRISE Chain, which supports smart contracts and decentralized applications. The BRISE Chain utilizes a proof-of-authority (PoA) consensus system, enabling short block times and low fees. This makes the Bitgert network highly scalable and efficient, capable of processing over 100,000 transactions per second with minimal fees.
The BRISE Chain also offers smart-contract functionality and is compatible with the Ethereum Virtual Machine (EVM). This compatibility allows developers to create decentralized apps (dApps), issue new tokens, develop wallets and tools, and access live updates on transactions, blocks, and consensus activities. The Bitgert Startup Studio incubation programme has been instrumental in fostering the development of numerous projects on the BRISE Chain.
In summary, BRISE's unique model combines token supply reduction, investor rewards, and a robust technological foundation. These factors contribute to its potential as an attractive investment opportunity within the cryptocurrency space. However, it is important for investors to carefully consider all aspects, including potential red flags, before making any investment decisions.
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Bitgert's blockchain
Bitgert (BRISE) is a blockchain-based crypto engineering organisation and smart contract platform that was launched in July 2021. It is built on the Binance Smart Chain (BSC) blockchain and has its own native blockchain, the Brise Chain, which has no gas fees and can handle up to 100,000 transactions per second (TPS).
The Bitgert blockchain has a few unique features that make it stand out. Firstly, it has ultra-low gas fees, with a gas fee of just $0.0000000000001 per transaction. Secondly, it is highly scalable, with a throughput of up to 100,000 TPS. Thirdly, it is compatible with the Ethereum Virtual Machine (EVM), which means it supports smart contracts and is compatible with Ethereum (ETH) tools and decentralised applications (dApps). This makes it simple for developers to migrate from Ethereum.
The Bitgert blockchain also has its own native token, BRISE, which is used to pay gas fees for smart contract execution, staking, a peer-to-peer payment service, and collecting network transaction fees. The BRISE token has generated a 40,497% return on investment (ROI) since its debut, making it a high-performing token.
In addition to the Brise Chain and the BRISE token, the Bitgert blockchain also offers a range of products, including:
- Bitgert Exchange: A decentralised exchange (DEX) that is an alternative to the popular PancakeSwap platform.
- Paybrise: A payment platform.
- Real Estate Marketplace: A platform for buying and selling real estate.
- Decentralised Marketplace: A platform for buying and selling goods and services.
- BRISE Staking: A program that allows BRISE holders to stake their tokens and earn rewards.
- BRISE Swap: A fast and cheap DEX powered by the BNB Chain.
- Audit Solutions with Leaderboard Support: A security feature that uses AI technology and manual code review to protect smart contracts.
- Bitgert Bridge: A technology that allows the transfer of assets from the BNB Chain to the Bitgert Chain (currently under development).
While Bitgert has many positive features, there are also some concerns and red flags surrounding the project. These include a lack of transparency about the founders and staff, a high circulating supply of tokens, a lack of significant social media presence, and concerns about its ownership structure, utility token, and auditing methods.
Overall, Bitgert has the potential to be a good investment, but it is important for investors to carefully research and consider all of these factors before making any decisions.
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BRISE's price history
BRISE is the native token of the Bitgert network, which was launched in July 2021. The Bitgert network is a smart contract platform that aims to be the preferred blockchain for developers. It is built on the Binance blockchain and advertises itself as a staking platform and a decentralised exchange.
BRISE was initially launched as a BEP-20 token on the Binance network before being converted to its native BRISE chain. The Bitgert blockchain can process over 100,000 transactions per second with near-zero transaction fees.
The BRISE token is designed to increase in value over time. This is achieved through a unique model that reduces the supply of tokens and provides constant rewards for investors. The platform also has a buyback concept, where 5% of each transaction is collected as a buyback tax, which is then used to purchase tokens from the liquidity pool. This strategy aims to increase demand and the value of the token.
At the time of its launch in July 2021, BRISE was worth about $0.000000003564. It then reached an all-time high of $0.00000404 on 13 August 2021. However, by the end of 2021, the token's value had dropped to $0.0000003399.
In 2022, BRISE saw some ups and downs. It started the year at $0.0000005816 but dropped to $0.0000001886 in February. It then recovered and reached an all-time high of $0.000001605 in March. However, due to market crashes, it fell to $0.0000002634 in June. The announcement of the coin being listed on the Huobi exchange gave it a boost, and it reached $0.000000677 in September. Unfortunately, the collapse of the FTX exchange in November caused BRISE to fall to $0.0000003092. The launch of the Bitgert Exchange helped recover some losses, and the token closed the year at $0.0000004515, resulting in an annual loss of around 11%.
In 2023, BRISE continued to experience volatility. It reached a high of $0.0000006817 in February but dropped to around $0.0000004635 in April. As of August 2023, the BRISE token is trading around $0.0000002644.
While BRISE has shown potential with its unique model and strong performance in 2022, there are some red flags and concerns surrounding the project. There are questions about the reliability of the blockchain, the lack of transparency from the development team, and the use of aggressive marketing strategies.
Overall, BRISE has had a turbulent price history, with significant highs and lows. While it has shown potential, it is important to carefully consider all the factors and conduct thorough research before deciding whether to invest in BRISE or any other cryptocurrency.
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BRISE's red flags
BRISE is the native token of the Bitgert network, which is a smart contract platform that aims to become the preferred destination for blockchain developers. While BRISE has seen some positive price movement and growth in its ecosystem, there are also some red flags that potential investors should be aware of. Here are some of the red flags to consider:
Lack of Transparency and Suspicious Activities
Bitgert has faced criticism due to a lack of transparency regarding its operations and team members. There are allegations that the images used for the team members could be AI-generated, and users have been blocked when requesting more information on Telegram. The website also lacks details about its charity initiatives, and there are concerns about the use of Twitter bots and computer-generated images for developers on social media.
Audit Concerns
While the Bitgert system has passed an audit with a 98% security rating, it is worth noting that this audit was conducted by Bitgert itself rather than an external, independent organisation. This raises questions about the validity and reliability of the audit process.
Website Credentials and Privacy Concerns
A check of the Bitgert website's credentials revealed the use of the Withheld for Privacy (WFP) service. However, the domain details seem to match WFP's generic example on its homepage, suggesting that Bitgert may not have actually paid for this service. Additionally, the postcode provided on the website corresponds to the Icelandic Phallological Museum, which is unrelated to the project.
Centralisation Concerns
The Bitgert blockchain uses a proof-of-authority (PoA) consensus system, which is known for its high level of centralisation. While this allows for faster transaction speeds, it goes against the decentralised nature typically associated with blockchain and cryptocurrency projects. This centralisation may be a concern for potential investors who value the decentralised aspect of blockchain technology.
Aggressive Promotion and Rumours
There have been reports of aggressive promotion tactics used by the Bitgert team, with multiple websites publishing numerous articles that only portray the project in a positive light. This has led to comparisons with already successful cryptocurrencies, which may not be entirely warranted at this stage. The project has also been surrounded by rumours and speculation due to the lack of high-quality, transparent information available.
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Bitgert's price predictions
Bitgert (BRISE) is a blockchain platform that aims to be a preferred destination for blockchain developers. It is a smart contract platform that can handle over 100,000 transactions per second at a low average transaction cost.
BRISE is the native token of the Bitgert network. It was launched on July 6, 2021, as a BEP-20 token on the Binance network. After the launch of the BRISE Chain, the coin was converted into its native chain, and it is now a peer-to-peer payment method within the BRISE dApp wallet, which has zero transaction fees.
Bitgert has been one of the top-performing crypto coins on the market. The year 2022 was a breakthrough year for the blockchain platform Bitgert and its native BRISE coin. However, there are some red flags surrounding the project, including concerns about centralization and questionable marketing methods.
Bitgert Price Predictions
The price of Bitgert has been volatile, and it is difficult to predict its future value with certainty. Here are some Bitgert price predictions for the coming years:
- According to CryptoPredictions.com, BRISE could close 2023 at around $0.0000006 and climb to $0.0000007 by the end of 2024.
- TechNewsLeader predicts that BRISE could be worth between $0.00000066 and $0.00000076 by the end of 2023, averaging $0.00000146 in 2025.
- DigitalCoinPrice predicts that BRISE will reach $0.00000095 in 2023 and hit $0.00000151 in 2025.
- WalletInvestor has a more bearish outlook, expecting BRISE to collapse to $0.000000253 by early April 2024.
- Crypto experts predict the death of a few zeros in BRISE's price, with the potential to reach $0.0000006817 in February 2023.
- Bitgert price forecast for 2024 predicts a slightly upward trend, with the maximum price expected to reach 0.00001020611399 USD in August 2024 and the minimum price estimated at 0.000003388443223 USD in November 2024.
- BRISE price prediction for 2025 is between 0.00001840904039 USD and 0.000001986644262 USD.
- By 2026, BRISE is expected to trade between $0.00000031 and $0.00000037.
- In 2027, the minimum BRISE price might drop to $0.00000044, while its maximum can reach $0.00000054.
- In 2028, the maximum and minimum BRISE prices are expected to be $0.00000078 and $0.00000064, respectively.
- In 2029, the average BRISE price is predicted to be around $0.00000093, with a minimum of $0.00000091 and a potential to reach $0.0001.
- In 2030, BRISE is expected to trade between $0.000001 and $0.000002, with an average cost of around $0.000001.
It is important to note that cryptocurrency markets are extremely volatile, and these predictions may not come true. Investors should always conduct their own research and carefully consider their risk tolerance before investing in cryptocurrencies.
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Frequently asked questions
BRISE is the native token of the Bitgert network, a smart contract platform that aims to become the preferred destination for blockchain developers. It was launched on July 6, 2021, and is built on the Binance blockchain.
Bitgert is a blockchain project that aims to be the preferred destination for blockchain developers. It offers better features than other popular blockchains like EOS and Ethereum, including faster transaction speeds and lower costs.
BRISE is a relatively new and small token, and there are some potential red flags surrounding the Bitgert project, including concerns about centralization and the lack of transparency from the development team. As with any investment, there is a risk of losing money.
BRISE has seen an upward trend recently, and some crypto experts predict that it will continue to increase in value in the short term. However, long-term price predictions for BRISE vary, and it is difficult to accurately predict the price of highly volatile cryptocurrencies.
It is hard to say if BRISE is a good investment. While it has shown strong potential and has a number of advantages, there are also some concerns and red flags surrounding the project. Investors should carefully consider all these factors and conduct their own thorough research before making any investment decisions.