$BRISE EARN BNB

BITRISE LOVER
3 min readAug 7, 2021

🔶EARN,SPEND & LEND🔶

Bitrise is a hyper-deflationary payment network token, which rewards investors for holding tokens in BNB, while also incorporating the Buyback approach currently present in the stock market. Bitrise is the first cryptocurrency ever to include automatic Buyback with real use case of payment systems.

Bitrise Token will be used as peer-to-peer (P2P) service for payment systems using our dApp wallet in the local currency with zero transaction fees, faster & secure transactions, whereby two individuals interact directly with each other, without intermediation by a third party. Instead, the buyer and the seller transact directly with each other via the P2P service

🔶TOKENOMICS🔶

Total 12%

Transaction Fee ( 5% BuyBack, 3% Marketing, 4% BNB Distribution to Holders )

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🔶WHAT IS BUYBACK🔶

If a stock has low value and the potential to perform better in the future, companies often announce a buyback of the stock in the open market. Once companies announce the buyback, investors gain more confidence to purchase and hold. Additionally — the demand increases which ultimately will drive the price up. At Bitrise, we choose to apply the Buyback concept to cryptocurrency, and make our token more attractive to hold.

🔶HOW DOES BUYBACK WORK?🔶

Bitrise collects a 6% Buyback tax on each transaction, which is stored inside the contract. Whenever a sell occurs, a fraction of the buyback amount is used to automatically purchase tokens from the liquidity pool. Those tokens are immediately burned after purchase.

💥What’s So Great About That?💥

There are 3 advantages:
📌1. Raise in Value
After the tokens from the Liquidity pool are bought, the new BNB amount is added to the pool and the amount of the tokens are reduced, which results in an increase in price.
📌2. Free BNB
Once those tokens are burnt, it is like adding free BNB to the pool as there are no tokens to sell in the future.
📌3. Trust & Reliability
Investors can be relentlessly hesitant and often get spooked by a bearish market. Because of the automatic buyback, investors will never see more than 2 sells in a row (98% of the time)

🕹This Timeline Details our Funding and Development Goals.🕹

||Launch Phase||
⏭Website Launch
⏭Contract Deployment
⏭DEX Listing (PancakeSwap)
⏭Advertising Campaigns
⏭1,000 Holders
⏭CoinGecko Listing

🟢||Growth Phase||🟢
⏭3000 Holders
⏭Influencer Promotions
⏭Coinmarketcap Listing
⏭Initial CEX Listing

||Expansion Phase||
⏭20000 Holders
⏭Bitrise dApp Wallet Development
⏭Major CEX Listings
⏭CERTIK Audit
⏭Billboard Ads
⏭Celebrity Promotions

💥||Utility Phase||💥
🔶35000 Holders
🔶Bitrise Payment System (P2P)
🔶Bitrise DEX Integration in dApp wallet
🔶Media Coverage Campaigns

💥||Lending & Exchange Phase||💥
🔶50000 Holders
🔶Bitrise P2P Lending Platform Development
🔶Bitrise Centralised Exchange Development

💥||Blockchain Phase||💥
🔶100000 Holders
🔶Bitrise Smart Chain Development

Benefits for Everyone

BitRise Token is not only limited for Buy / Sell / Hold, But also has a real use case of payment system utility globally & also can be used for P2P lending. #EARN #SPEND #LEND

We’ve Built A Platform To Rewards our Investors

||Static Rewards||
Get rewarded 4% of every transaction just for holding in BNB
||Buy Back system||
5% of each transaction adds to the buyback wallet so we can do regular buy
backs
||Regular Burns||
All tokens that we buy back we will burn, making price impact greater

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BitRise dApp Payment System provides a simple, quick, safe means of payment with low liquidity risk. Most importantly, it is highly profitable and anonymous.

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BITRISE LOVER

Bitrise is a hyper-deflationary payment network token