Breaking News
Black Friday SALE: Up to 54% off InvestingPro! Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Sandbox Coin Community Joining Bitrise Coin

CryptocurrencyNov 25, 2021 08:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Sandbox Coin Community Joining Bitrise Coin

Bitrise, one of the fastest-growing crypto coins in the market today, has been receiving thousands of new community members from Sandbox. The coin, which is still mooning, has been topping the list of the hottest and most sought-after crypto coins in the market for some time now.

  • Attractive rewards to BRISE investors.
  • Faster, secure, and sustainable decentralised financial platform.
  • Low cost of transaction on the platform.

Bitrise has been making record-breaking moves in DeFi, especially with its fast accomplishments in developing its DeFi system. At the moment, its upcoming staking process, which is a major milestone, is the most talked about topic in the crypto market today.

Bitrise staking process announcement has also seen the number of new community members joining the token increase significantly. What is interesting is that community members from large cryptocurrencies are joining the token in their thousands.

Sandbox, a Metaverse platform that is building one of the biggest things in the online play-2-earn game, is one of the big cryptocurrencies that have many members of it community joining Bitrise coin. Though this is a gaming project and not a direct competitor, this token has exciting things that are attracting Sandbox fans.

Being the fastest growing coin is one of the reasons Sandbox community is joining this token. The token is currently one of the fastest-growing crypto coins, with the team recently reporting record-breaking growth in token’s value. The thousands of people joining the coin every day and the innovative tokenomics are some of the reasons why the token value is growing at such a fast rate.

One the tokenomics, Bitrise has something that most of the Defi projects are not offering. The token distribution is designed to reward investors. The platform taxes 12% on all the transactions on the ecosystem, and 5% of it goes to buying back token from the liquidity pool and burning them. The whole process is automated by a buyback contract, which makes the platform more trustworthy.

The buyback and burning of BRISE tokens create a scarcity, which automatically increases the token price. Sandbox community also wants to get part of the 4% of the collected tax, which is redistributed to all token holders as BNBs. In addition, the announced staking process is also going to increase the rewards investors get from owning BRISE tokens.

The team announced the staking process was starting by the end of November, and immediately the number of new members started increasing rapidly. The 80% APY of the revenue generated by the products in the ecosystem will be shared among all staked tokens. Sandbox investors are targeting part of this staking reward. Already, the ecosystem has products running in it, including Bitrise Audits, Techrate Audi, and dApp wallet. The Exchange is in the development stage and will improve the revenue generated upon launching. This means more money for the joining Sandbox community members.

Follow Bitrise social media platforms for prompt updates on the upcoming staking process and more!

Website| Telegram.

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Continue reading on CoinQuora

Sandbox Coin Community Joining Bitrise Coin
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email