- Fast building of the DeFi protocol
- Attractive rewards for crypto users
- Bitrise coin has innovative and attractive tokenomics
New York, New York–(Newsfile Corp. – December 2, 2021) – Evergrow Coin’s hype is gone as members are joining Bitrise Coin. Evergrow coin might go down in history as one of the most hyped crypto coins of 2021. Hitting an all-time high of $873 and plummeting back to cents in less than 24 hours left users in shock. Things have not improved for this coin.
Evergrow coin hype is fading fast, and the coin price has plummeted further in the last few weeks. Members are now joining other promising crypto coins that are offering a real utility and development record, and Bitrise coin has been the favourite choice for Evergrow coin members.
To view an enhanced version of this graphic, please visit:
Bitrise is still a mooning crypto coin launched on 28th July 2021. The token is ranked among the fastest-growing crypto coins today. Bitrise is a DeFi protocol built on Binance Smart Chain and has accomplished a lot compared to other DeFi projects, and this is attracting users.
The fast accomplishment, the innovative tokenomics, good rewards and being a mainstream coin are things attracting Evergrow coin members. Evergrow is a meme coin, which is not built on a stable foundation like Bitrise coin. This is one of the reasons why Evergrow users are now joining the latter.
On accomplishments, the Bitrise team has developed the Bitrise Audits, Techrate Audi, and dApp wallet, which are products running in the Bitrise ecosystem today. This has been achieved in just four months. The exchange is coming up in Q1 2022, and blockchain research has already started.
Such fast accomplishments in development are making Bitrise very appealing to Evergrow coin members. But it is the upcoming staking that is driving the fast-growing popularity of the BRISE token in the last few days. The team says it is launching the staking at the end of November.
The 80% APY of the revenue generated by the products running in the Bitrise ecosystem will be shared among staked tokens. With Bitrise Audits, Techrate Audi, and dApp wallet products already running in the ecosystem, the platform is going to reward staked tokens handsomely. Evergrow coin members want part of the staking rewards.
But the innovative Bitrise tokenomics are still very appealing. First, this is a hyper-deflationary token where token supply is always depreciating. Bitrise has developed a buyback contract to buy back tokens from the liquidity pool and automatically burn them.
The 5% of the collected 12% tax goes to buyback contract, and this is how users are protected from fast plummeting token prices. Bitrise has a token holding reward, which is 4% of the tax collected. The reward is redistributed as BNBs to all token holders and is done automatically. Every 60 minutes, token holders’ wallets are added BNBs.
Evergrow coin members will enjoy better rewards and token value by joining Bitrise coin. Bitrise has been listed on MEXC Global, L Bank, and Bitmart, making the coin more accessible to users.
Follow Bitrise coin social media platforms for the latest updates!
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106284
Powered by WPeMatico
Nagad’s Digital Bank on cards, Sadaf to lead the side
Nagad, Bangladesh’s leading Mobile Financial Service (MFS) provider, is gearing up to establish the much-anticipated digital bank, as it is going to secure a licence from the Bangladesh Bank within a couple of months.
Sadaf Roksana, a co-founder and executive director of Nagad Ltd., has been entrusted with the responsibility of leading her company’s transformative venture that will bring greater convenience to the lives of millions of Bangladeshis, reducing their reliance on traditional brick-and-mortar banks.
The MFS provider earlier applied to secure a digital bank licence following the central bank’s call for applications through its website. The Bangladesh Bank also formulated necessary guidelines to widen and accelerate financial inclusion, which will also create jobs for young IT workers.
The world’s fastest mobile money carrier is going to venture into the digital banking era at a time when the financial landscape across the globe is fast evolving towards digitalisation, driven by technological advancements and changing consumer preferences.
Taking on the new assignment, Sadaf, a seasoned financial executive with a remarkable track record in the fintech industry, is poised to steer Nagad’s digital bank towards success. Once Nagad gets the digital bank licence, it will provide its consumers with innovative and convenient banking solutions.
“We are very excited that we are going to introduce digital banking services to the people of Bangladesh within a couple of months,” Sadaf said, adding, “This endeavour aligns perfectly with our vision of enhancing financial inclusion and ensuring easy access to all financial services also at affordable prices.”
Nagad is already well-equipped to launch a digital bank. It will start serving customers soon after getting the licence, Sadaf assured.
Under its digital banking platform, Nagad will introduce many new services, such as single-digit and collateral-free loans for small informal businesses and farmers who now are to take loans from moneylenders even at 40% interest rate per day, she pointed out.
“Thus, we will encourage them to come under financial inclusion, thus putting their money into the formal channel,” she expressed her optimism.
To assess one’s creditworthiness, Nagad has created an AI-based credit rating system that will analyse all transactions-related data available on public domains using one’s NID and mobile number, Sadaf Roksana added.
As Nagad goes ahead with its plans, all eyes will be on Sadaf Roksana and her team as they will embark on this exciting journey towards a more digitised and inclusive financial future for the country.
SOURCE Nagad Limited
Newly inaugurated Yashobhoomi (IICC Dwarka) to host Trescon’s DATE 2023 with Finance Minister Smt. Nirmala Sitharaman amongst the dignitaries
Excitement surrounds Trescon’s Digital Acceleration & Transformation Expo (DATE) as the Honorable Finance Minister Smt. Nirmala Sitharaman confirms to speak at the event and highlight India’s financial innovation and FinTech revolution. The inaugural expo, scheduled for 23-24 November 2023 at the newly inaugurated Yashobhoomi (IICC Dwarka) in New Delhi, is set to be a grand spectacle, representing India’s enthusiastic stride towards its technological dreams, inspired by Prime Minister Narendra Modi.
DATE’s vision is not just to gaze into the future but to actively shape it, offering a rare confluence for government, enterprises, tech companies including startups and discerning global investors. With a dynamic setup featuring five main themes, three conference tracks for in-depth discussions, and multiple exhibition zones for tech showcase, DATE offers a glimpse into both current and future tech trends.
“Technology is shaping our world and enabling better governance in India. Hosting the inaugural DATE 2023 in India is a testament to our digitization efforts and reflects our commitment to national advancements and ambitions under our leader Shri Narendra Modi,” said Shri Tejasvi Surya, Honorable Member of Parliament and an advisory board member of DATE.
Shri Yaduveer Krishnadatta Chamaraja Wadiyar, Chairperson of Cyberverse, a Strategic Partner of DATE 2023, said, “DATE isn’t just an event; it’s the essence of India’s tech aspirations and its journey towards a brighter, digital future. With our Finance Minister joining the line-up of dignitaries and speakers, the event is well poised to bring the FinTech community together and augment our overall digital ecosystem.”
“DATE is our commitment to catalyze India’s digital evolution, bringing together innovation, expertise, and limitless possibilities,” said Mohammed Saleem, Founder & Chairman of Trescon. “This event is the essence of India’s tech aspirations and its journey towards a brighter, digital future,” he added.
Naveen Bharadwaj, Group CEO of Trescon, the organiser of DATE added, “We are honored to welcome Hon’ble Minister Smt Nirmala Sitharaman at DATE 2023 and eager to learn about some of the impactful initiatives being led by her as we mobilise the key tech community, showcasing cutting edge technologies, introducing startups to global investors and fueling India’s entrepreneurial spirit.”
Entrepreneurs continue to be drawn to India, aiming to revolutionize the narrative of digital transformation. Segments including esports, cybersecurity, robotics, augmented and virtual reality, the metaverse, and more are witnessing a continual upward trend as startups enter the markets and redefine the digital landscape.
DATE 2023’s objective is beyond mere envisioning; it’s about realization. Boasting over 100 global speakers and 3,000 participants, DATE 2023 promises enlightening insights into the latest tech trends, opportunities, challenges, and practical success stories. It aims to be the place-to-be for top decision-makers, tech leaders, CIOs, CTOs, and other experts from various sectors across India.
To further enhance India’s digital transformation journey, the Software Technology Parks of India (STPI)’s support serves as a key driver that will accelerate India’s digital transformation journey. Their association with DATE underscores the shared commitment towards building a robust innovation ecosystem.
In addition to STPI, DATE 2023 is proud to welcome Innovation Mission of Punjab, Goa Technology Association, Data Security Council of India (DSCI), Gujarat Electronics and Software Industries Association (GESIA), and Federation of IT Associations of Gujarati (FITAG) as valuable association partners. Their collaboration fortifies DATE’s mission to foster digital innovation and transformation in India.
For more info or to register for DATE, please visit www.datewithtech.com.
TONIK NAMED BEST CUSTOMER SERVICE DIGITAL BANK
Tonik Digital Bank is proud to announce its recognition as the Philippines’ Best Customer Service for 2023, cementing its status as the number one digital bank for customer service in the country.
Tonik thanks its radically different approach from the get-go, as customer service is not just an aspect of their operations, it is their very essence incorporated in every level of the organization.
“Tonik is proud to be recognized for our customer service by none other than our consumers,” says Mila Bedrenets, Chief Growth Hacker of Tonik Digital Bank. “This award is important for us, as this validates the dedication and passion that we have poured into providing the best banking experience to all our customers.”
The recognition comes from an independent survey launched by Statista, a globally established company publishing brand top lists in cooperation with high-profile media partners. For the Philippines, Statista partnered with Philippine Daily Inquirer, the nation’s leading broadsheet.
Statista surveyed a vast sample of 11,000 Filipino customers who have either made purchases, used services, or gathered information about products or services in the past three years.
BANKING ON THE VOICE OF CUSTOMERS
Tonik stands out from other banking institutions in such a way that customer service is a collaborative effort across all its teams.
From its agents up to members of its senior management, the bank integrates agility and care in listening to customer feedback to further enhance its app, making sure that every interaction leads to a better overall banking experience.
Bedrenets mentions that at this day and age of social media, identifying customer pain points are simple, and that it is just a matter of learning to listen and act on them quickly to address and resolve any concerns.
“I am [literally] sending screenshots of customer complaints to fellow top managers daily, just so everyone is duly aware of customer pain points,” Bedrenets said. “Once the specific complaint is addressed, we also make sure that the same issue will not be experienced by other customers.”
Tonik also utilizes the fastest possible flow of communication across all its teams to address customer issues and concerns and employs tools to effectively alleviate customer pain points.
“The ‘Voice of Customer’ unit is not a side structure for us, nor is it buried in a deeper level of our organization. We make sure that is very much present in our management committee front and center, as we understand that the more you care about customer experience, the less you will need to care about good sales performance,” Bedrenets added.
The Bangko Sentral ng Pilipinas (BSP)-licensed digital bank also goes the extra mile by proactively informing its customers of both internal and external service improvements, changes, as well as scheduled downtimes, which may affect their app experience. This transparent communication ensures that customers are informed and updated, fostering trust and reliability.
As they continue to revolutionize the digital banking landscape in the Philippines, Tonik Digital Bank invites customers to experience banking that is truly centered around their needs, values, and aspirations.
- 2023 Global Business and Law Conference held in Beijing
- Office of the Executive Committee of the WMC: Anhui Strengthens Scientific and Technological Innovation Capacity to Attract Multinational Enterprises
- Savory and Partners: Surge in demand for second passports as displacement fears at a high
- The First Exhibition at Ray Waterhouse’s New Gallery and Modern Fine Art presents EDWARD POVEY, HUMAN: October 5 – November 3, 2023 in New York
- The Office of the Executive Committee of the WMC Released the List of “Top 500 Chinese Manufacturing Enterprises in 2023”
- Asian International Arbitration Centre and SOAS University of London, Arbitration and Dispute Resolution Centre sign MoU to promote best practice in arbitration
- Revolutionary Cancer Treatment Advances Promise Brighter Future Amid Federal Funding Uncertainty
- Takeda Receives Positive CHMP Opinion Recommending Approval of Lanadelumab for Routine Prevention of Recurrent Attacks of Hereditary Angioedema (HAE) in Patients Aged 2 years and Older
- 67% of larger hospitality operators are unhappy with their current tech stack: insights unveiled in new research report from Vita Mojo
- Ghana launches USD 550 billion Energy Transition and Investment Plan for achieving net-zero emissions, creating 400,000 jobs by 2060
- World Investment Forum to incentivize global investment in sustainable development
- Anhui Targets Rapid Expansion into a Leading Smart and Green Manufacturing Hub
- Xinhua Silk Road: China services trade fair provides huge opportunities for global businesses
- IDTechEx Asks, Will LCDs Be Replaced in VR
- 134th Canton Fair’s Launched Promotion Activities in Italy, Hungary, and Austria, Bringing Upcoming Exhibition Highlights to Local Business Representatives
Fintech2 weeks ago
Praxis Tech posts record growth of 23% in approved transactions in August with its payment orchestration solution
Fintech2 weeks ago
Broadridge Announces International Launch of its Next-Gen Digital Investor Communications Platform
Fintech2 weeks ago
Mastercard and Paysend expand global partnership to enhance cross-border payments for SMEs
Fintech PR2 weeks ago
Lyvia Group acquires Arc Consulting, strengthening their position in the Polish tech- and ERP sector
Fintech PR2 weeks ago
Composition of Kamux’s Shareholders’ Nomination Board
Fintech PR2 weeks ago
BANK INDONESIA, TOGETHER WITH THE MINISTRY/AGENCIES, PROMOTES INDONESIAN MODEST FASHION ON THE GLOBAL STAGE
Fintech PR2 weeks ago
Seadrill Limited Initiates Previously Announced Share Repurchase Program
Fintech PR2 weeks ago
CLIMATE CRISIS FINALLY TAKES CENTRE STAGE IN GLOBAL POLITICS