Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
Several companies today are either exploring or have already implemented blockchain in their operations. With the rise of this technology, it becomes difficult to choose whether to use a different blockchain platform or develop our own. Bitgart, a crypto engineering project is doing wonders in this market. Let’s take a look at how the platform is making an impact in the industry.
The project is built on the BNB chain and used the native token to reward the users. Developers came up with their BRC20 blockchain last year. Many blockchains including Bitcoin suffer with low transaction speed. Bitgert offers high speed cross chain transactions with up to 100,000 TPS and a nominal gas fee of $0.0000000000001 per transaction.
Bitgert has its own native token dubbed BRISE. Holders can use the crypto asset to stake and earn rewards in BUSD, the stablecoin. Furthermore, the network can be a prominent alternative to decentralized exchanges (DEXs) like PancakeSwap. The network’s smart contracts are tailored to make BRISE a deflationary crypto asset, possible through their buyback mechanism. A defined portion of the transaction fees is automatically redirected for marketing and staking rewards.
A Glimpse at Few Bitgert Products
There is more to blockchain than just cryptocurrencies. The technology powers sectors including web3, metaverse and more. Bitgert is growing rapidly in these advanced spaces. Moreover, it offers diverse products to its customers exploring this ever evolving market.
We have already mentioned the platform have developed its EVM-compatible blockchain Bitgert Chain. It have a vast ecosystem with several decentralized applications (dApps) including launchpads, DEXs, bridges and more.
Bitgert Exchange
The cryptocurrency trading platform, Bitgert Exchange, provides much more than just trading of digital assets. Alongside payment solutions, it is capable to execute complex transactions easily. The exchange is among rapidly growing trading networks with a vision to deliver economic freedom to users globally.
Bitgert P2P Marketplace
Not many e-commerce platforms allow the users to buy or sell the items using crypto assets. Bitgert P2P Marketplace will let them trade them on the network. Moreover, users will get their orders shipped for free. Customer funds are locked in a escrow smart contract to ensure money-back guarantee in case of a return
BRISE Swap
Decentralized exchanges are popular among the crypto communities as they offer them a chance to govern the operations. It can potentially be an alternative to PancakeSwap, a leading DEX.
Platform’s native crypto asset, BRISE, has a total supply of 1,000,000,000,000,000 coins. 50% of them were set aside for burning, 5% were allocated to the developer team, 7% for future marketing and development and more. Bitgert investors receive 4% from transaction fees in accordance with their staked proportion on BUSD.
Conclusion
Overall, if users are looking for a variety of blockchain solutions on a single platform, they should give Bitgert a chance. From cryptocurrencies to web3, the network holds a prominent presence in a vast market.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/05/04/from-defi-to-web3-bitgert-have-a-product-for-wide-markets/