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Safemoon Whales Joins Bitrise Coin After A Meeting On Zoom Call

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New York, New York–(Newsfile Corp. – November 5, 2021) – Safemoon whales have joined Bitrise coin, and the move has elicited a lot of activities around this new coin. The number of new members joining has grown by a considerable margin. A move by crypto whales is observed by thousands of smaller investors because they rarely make a mistake. In fact, crypto whales’ move is a sign that the coin is viable and has a huge ROI potential.

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For the last few weeks, a huge number of Safemoon community members have been joining the Bitrise coin, but the move by the whales, after a Zoom call, solidifies what experts have been saying that Bitrise is the next ‘Safemoon.’

Crypto whales have huge interests in the project they put their money in. They usually do a lot of research on all aspects of the crypto project to ensure it is a genuine and a viable investment. Therefore, making this move to join Bitrise coin shuts naysayers who have been skeptical about the project.

But the Bitrise coin has been doing very well even before the coming of Safemoon whales. The coin has already built an impeccable reputation as one of the fastest-growing cryptos in the market. The value of the coin has already grown in thousand folds. There were already many investors sitting on thousands of dollars in profits by the end of October.

Among the key areas that attracted Safemoon whales are the innovative tokenomics and the project products. First, Bitrise is a hyper-deflationary payment network token. Therefore, tokens in circulation will be diminishing with time, which will drive the price of tokens up as demand grows.

But the reduction of the tokens in supply is what makes the Bitrise token unique from other tokens. The network uses the buyback process, which is automated using a smart contract. Bitrise is the first token to automate the buy back process. The platform charges 12% on every transaction, and 5% is sent to the buy back smart contract, which buys tokens from the pool and immediately burns them. That’s how investors make money with the rising token value.

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The 4% of the fee is distributed to the token holders as a reward for holding the token. The rewards are sent to the token holder’s wallets automatically in the form of BNBs every 60 minutes. This is one of the ways that Safemoon will be making an active income from Bitrise coins. Only 3% of the fee goes to marketing.

The Bitrise team is also developing incredible products that will make the token value grow bigger than Safemoon and other hot coins in the market. The team has already launched Bitrise Audits, and Techrate Audit, which are free audit programs for blockchains and smart contracts. They were released in August and have been a game-changer in audits.

The Bitrise dApp wallets is another product that was released on 28th October 2021. The Wallet’s Beta 2 version is available on Google Play Store for Android phones. The team is currently waiting for the listing of the mobile app wallet on the Apple App Store for iOS phones. This dApp wallet combines an intuitive user interface with powerful functionality.

The team is soon launching the network’s revenue share program and the staking process. The program will share 80% APY of the revenues generated from the products such as Bitrise Audit, dApp wallet, Bitrise exchange (coming soon), and other products. This is definitely another factor that attracted Safemoon whales. It means they will get a share of the generated revenues plus BNB rewards.

With Safemoon whales joining the Bitrise coin, it is a sign of confidence in the Bitrise coin.

Media Contact

John K

Email: [email protected]

Website: https://www.bitrisetoken.com

Telegram: https://t.me/bitrisetoken

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102207

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2024 British Business Awards winners announced in Shanghai

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Championing innovation, impact and business excellence across China

SHANGHAI, Nov. 28, 2024 /PRNewswire/ — After months of rigorous applications and judging, the winners of the 2024 British Business Awards were announced during the Gala Ceremony on 22nd November at the Kerry Hotel Pudong, Shanghai.

Organised by the British Chambers of Commerce across China, the biennial awards celebrate outstanding achievements and highlight the vital contributions of businesses and individuals fostering strong economic ties between the UK and China. Featuring nine categories, the 2024 Awards drew 110 impressive submissions from a wide range of industries. More than 50 outstanding businesses and individuals were shortlisted during the first-round judging. The newly introduced online voting element garnered nearly 1.16 million public views, further amplifying the reach and engagement of this momentum occasion.

Dame Caroline Wilson DCMG, British Ambassador to China, said: “Business is a cornerstone of the UK-China relationship, and the British Business Awards are a testimony to British companies’ significant contribution to China’s development. Their achievements, successes and thriving eco-system also help drive economic growth and innovation in the UK.”

Kirsten Johnston, Chair of the 2024 British Business Awards, shared in her welcome remarks: “The British Business Awards, now in their 16th year, reflect the unwavering commitment of both British and Chinese businesses to driving progress, fostering collaboration, and making a lasting impact on our economies and societies. As we unveil the winners, I would also like to extend a heartfelt thanks to our 38 judges, who collectively contributed nearly 2,000 volunteer hours. Their hard work and expertise were critical to ensuring a rigorous evaluation process.”

2024 British Business Awards Winners

Innovation Award
– sponsored by The University of Manchester China Centre
Smiths Group

Sustainability Award
– sponsored by the University of Nottingham Ningbo China
Smiths Group

Social Impact Award
– sponsored by ASCEND IT
Reckitt China

Education Partnership Award
– sponsored by The British Council
University of Nottingham Ningbo China

Business Partnership Award
– sponsored by GE5 Education
Wellington College China

Chinese UK Alumnus Award
– sponsored by BritCham Shanghai
Yinpeng Bao
OxSyns Biotech

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Inspiring Leadership Award
– sponsored by BritCham Shanghai
Capt. Simon Hibberd
S. B. Submarine Systems Company Limited

Outstanding Contribution to the UK Award
– sponsored by BritCham Shanghai & China Chamber of Commerce in the UK
Agricultural Bank of China London Branch

British Company of the Year Award
– sponsored by Smiths Group

[Large Company]
Jaguar Land Rover (China) Investment Co., Ltd.

[Medium Company]
Silverstream Technologies (Shanghai) Limited

[Small Company]
The Hutong Education

The Gala Ceremony was also graced by Matt Burney CMG, British Consul-General, Shanghai, Sohail Shaikh, British Deputy Trade Commissioner for China, Cat Sinclair-Jones, Director East China, British Council, Peter Burnett OBE, BBS, CEO, China Britain Business Council. They were joined by representatives from British and Chinese governments, businesses, and media organisations, alongside over 330 distinguished guests. The event was chaired by Jasmine Pang, Director of European Affairs at Phoenix TV.

2024 Awards are supported by the Department for Business and Trade (DBT), the British Council, China-Britain Business Council (CBBC), Scottish Development International, Invest Northern Ireland, and the Chinese Chamber of Commerce in the UK. For more information, please visit www.britishbusinessawards.org

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Xinhua Silk Road: Multiple achievements made at promotion conference held in Shanghai

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BEIJING, Nov. 28, 2024 /PRNewswire/ — A series of achievements was recently made at the Shanghai Jing’an “Global Service Provider Program” (GSPP) Promotion Conference and the 1st China Enterprise Globalization Development Professional Service Summit Forum held in Jing’an District of east China’s Shanghai.

A white paper on global service providers supporting Chinese enterprises to go overseas was released at the event, where the China office of the Globalization and World Cities (GaWC) published a report on the development index of Shanghai’s professional service industry.

The GSPP has so far included a total of 103 enterprises, after 11 companies were awarded as new members at the recent event.

In a bid to further expand the GSPP network, the Global Service Provider Council announced during the event to jointly establish the Go-Global Service Alliance with the Malaysian Chamber of Commerce and Industry in China, Shanghai Automotive Parts Industry Association, Shanghai Producer Services Promotion Association, Shanghai MedValley industrial park and Beijing-based risk warning agency ICOER.

Since the GSPP was initiated in 2019, Jing’an District has attracted a large number of high-level global service organizations.

The district, as a core cluster area of Shanghai’s professional service industry, hosts 39 out of 187 well-known professional service institutions worldwide, covering multiple fields including advertising, law, accounting, human resources and others.

A diversified professional service ecology has been formed in the district, driving a continuous increase in the number of regional headquarters of multinational companies and steady growth in foreign-related economic tax income.

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Xinhua Silk Road: Wuxi Economic Development Zone makes efforts to optimize business environment

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BEIJING, Nov. 28, 2024 /PRNewswire/ — Wuxi Economic Development Zone has been continuously optimizing its business environment by introducing favorable policies and improving services in recent years. 

Founded in 2019, the zone continues to build a “4+3+X” modern industrial system, featuring four leading industries of advanced manufacturing, integrated circuits, the Internet of Things (IoT), and software and information, three characteristic industries namely headquarters economy, convention and exhibition economy, and high-end trade, and various future-oriented industries such as commercial aerospace, humanoid robots, and artificial intelligence (AI).

Focusing on the modern industrial system, the zone has made efforts in improving a variety of services, such as providing resources and policy support, to deal with the challenges faced by major projects. Therefore, it ensures the smooth launch and early operation of projects by pooling resources across the region, which contributes to a better business environment.

In addition, to foster the growth of emerging industries, the zone has given full play to the role of financing, establishing a number of funds centering around high-end chips, AI, and other sci-tech sectors.

This year, the zone has carried out multiple economic and trade exchange events in Japan, the United States, France and Germany, visited leading enterprises in the fields of AI, robotics, intelligent manufacturing, etc., and promoted in-depth cooperation between the zone and other countries in the field of cutting-edge science and technology.

Wuxi Economic Development Zone has made significant breakthroughs in attracting investment in recent years, introducing major projects such as the State Power Investment Corporation’s energy storage project and Minospace’s satellite manufacturing base.

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