L1s remained the biggest narrative in 2024, followed by memecoins, AI, and others. Investors must know that trading crypto coins based on narratives is a long-term game that pays off massively.
A crypto project that ticks off most checkboxes and is building actual use cases on the raging narratives is Bitgert. Bitgert is an L1 ecosystem with several native capabilities, including a CEX, Bitgert.exchange, a DEX, BitgertSwap, a payment gateway, a decentralized marketplace, and a real estate marketplace.
Rapid Expansion of Bitgert
Beyond its native capabilities, Bitgert has partnered with protocols and projects from DeFi, NFT, AI, gaming, and other Web3 domains. It seeks to expand its capabilities each day and churn out an ever-growing expanse of facilities for its 800K-strong community.
Bitgert has its own native blockchain, which uses the Proof of Authority (PoA) mechanism to validate transactions. The PoA mechanism is better than Bitcoin’s Proof of Work and Ethereum’s Proof of Stake. It uses a preapproved set of validators and very limited computations to approve transactions. This arrangement allows for a high transaction speed of 100K TPS, great scalability, and high-cost efficiency.
The Startup Studio Grants Program
Bitgert has launched the Startup Studio Grants Program under the aegis of Bitgert Innovation Labs. This program aims to promote the development on the Bitgert blockchain. The Grants Program has a massive reward pool of $25,000. It is for memecoin developers building on the Bitgert chain and achieving certain parameters such as volume.
Bitgert, in turn, will benefit the memecoin developers with a solid chain, fast transactions, and low-cost transactions, as well as an incubator that will help build the memecoin project from scratch to success. Bitgert will help the projects continue doing great in the long term.
Other than Startup Studio, Bitgert Hackathon is also live for dApp developers. Developers can build any app from a memecoin deployer like Pump.fun to a DeFi app. The best three dApp developers can win from a prize pool of $10,000. For creators, there is a video contest live. The top 10% video creators will win from a reward pool of $10,000.
Bitgert thrives on its community, and the core team keeps making initiatives to keep the community engaged. Despite being a new ecosystem, Bitgert witnesses a daily transaction count of 2k. It also has seen great progress in the past few months.
The $BRISE token has also seen increased trading volume and user adoption. The technical indicators point to a neutral RSi and a building rally in the coming weeks. Given these positive factors, interest and sentiment in the L1 ecosystem are going to be massive. It’s now or never if you are seeking to invest in Bitgert.
To know more about Bitgert, visit https://bitgert.com.
