The cryptocurrency ecosystem as a whole has taken a backseat to events in the world at large, but this does not stop developers from continuing to work.
One project that has recently started to gain prominence thanks to its focus on creating a low-cost, high-performance blockchain network is Bitgert (BRISE), a crypto-engineering organization that has set out to build a blockchain network capable of processing 100,000 transactions per second for little or no cost to the user.
Data from Cointelegraph Markets Pro and CoinGecko shows that since hitting a low of $0.000000157 on Feb. 8, the BRISE price has risen 1.124% to hit a daily high of $0.00000184 on March 7. Its 24-hour trading volume also skyrocketed, hitting 1,050%.
Among the three reasons for BRISE’s rally are the launch of Bitgert Chain, the launch of Bitgert Exchange beta, and a number of new partnerships and exchange listings.
Bitgert Chain Launch
The biggest event for Bitgert in the last month has been the launch of Bitgert Chain on February 14.
Bitgert Chain is LIVE!
For more information, visit https://t.co/I2q5P1tOIj#BITGERT #BLOCKCHAIN #BRISE pic.twitter.com/HRpiLq7awb
— Bitgert – $BRISE (@bitgertbrise) February 15, 2022
With the launch of the Bitgert chain, the BRISE token is now available on its mainnet chain as well as the BNB Beacon Chain as a BEP20 token that can be transferred between the two networks.
According to Bitgert, Bitgert Chain runs on a BRC20 standard and is capable of reaching a speed of 100,000 TPS with a gas rate of around $0.00000001 per transaction.
Bitgert Chain is designed to support a variety of decentralized finance applications, non-fungible token projects, and Web3 protocols.
Bitgert Exchange
The Bitgert Exchange beta version was launched on March 6, which could also be a bullish factor for the project.
Bitgert Exchange – Web version (BETA) is LIVE!
Note: Users might experience issues in trading and some other features, Please note this a Beta version, Currently we have only listed Top 5 coins to avoid any kind of losses. pic.twitter.com/TLKkcTcxZG
— Bitgert – $BRISE (@bitgertbrise) March 7, 2022
Bitgert Exchange is the first exchange protocol to launch on the Bitgert Chain and currently supports trading of Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dash (DASH), and Dogecoin (DOGE).
According to documentation on the protocol website, Bitgert Exchange will be the first cryptocurrency exchange to offer users an environment with zero trading fees.
Associations and inclusions in exchanges
A third factor that has helped drive the price of BRISE has been a series of protocol partnerships and exchange listings that have helped spread awareness and access to the token.
Since Bitgert Chain launched in mid-February, BRISE has been listed on Gate.io, Coin98 Exchange, BitMart, Belon.io, Hoo.com, BitForex, and HotBit.
We’re thrilled to announce that Bitgert Startup Studio program has been launched!
Have your own digitized share token on our network for your business or project using our BRC20 smart contract, and scale up your business or ideas.
Apply now: https://t.co/PJc3Ap51eZ pic.twitter.com/9mr1UhzibM
— Bitgert – $BRISE (@bitgertbrise) February 20, 2022
In addition to exchange listings, Bitgert also announced new partnerships with Sphynx Labs, Omniaverse, 4D Twin Maps, and Innovativ Plastics, and launched the Bitgert Startup Studio program, designed to help entrepreneurs and companies raise funds to launch their ideas or companies like a BRC20 smart contract.
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