Rice Protocol: Powering DeFi & NFTs On Bitgert Blockchain Network

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With the introduction of cryptocurrency in 2008 by Satoshi Nakamoto, the expansion and widely acceptable online currency has tremendously being appreciated by users. Till date, many investors are granting and gaining income from the online platform. With its ernomous effect on traders, a survey was carried out aimed at proving if the cryptocurrency market is efficient in its weak form and also to analyse the effect of liquidity on the efficiency of the crypto market.

The study was done with 141 crypto samples listed on coinmarket.com. At the end of the study, results showed cryptocurrency is efficient in its weak form while liquidity has no effect on the level of efficiency of the cryptocurrency market. Cryptocurrency is here to stay and developed. This online blockchain has given numerous opportunities to investors to make money online, transact and interact socially across the world.

Bitcoin is still dominating the market, but on the other hand Bitcoin is faced with technical problems as well as technological improvements of other cryptocurrencies. This difficulties have created a platform that helps to tackle such challenges and provide a more fair and effortless method of transactions and earning income.

Introducing Rice Protocol

Simply put, Rice Protocol is a decentralized finance (DeFi) and NFT project that is built under Bitgert blockchain network. Bitgert is a crypto engineering organization that has built a super fast blockchain that has +100k TPS and zero cost gas fee. It is the fastest growing platform with projects spanning from DeFi, NFTs, Web3 and many more. It also has developed a BRC20/ERC20/BEP20 supported wallet on Android and IOS.

Bitgert is simply an organization with super blockchain that has lower or no gas fee and also supports DeFi, NFT and web3 applications. This platform is what has birth Rice. Therefore, Rice is a DeFi and NFT platform built for economic purposes by Bitgert, allowing users to exchange, create images and sell as their choices to increase finance. Rice is created to provide a seemless perfect platform that makes transactions easier to users and as well as significantly reduce the cost of network transactions for users.

Rice Protocol's mission is to allow users(both new and existing) to transact easily at their early stages with low expenses. Rice vision is to create and expand its community. With its low cost features, it will give room to users to use the platform well.

Notably Features of Rice Protocol

Rice Protocol is equipped with a number of unique decentralized finance and exchange features or products for users utilization, these includes;

  • Swapping Protocol: Allowing users to seamlessly swap NFTs, tokens and also earn more income in a decentralized manner.
  • Launchpad: A decentralized fundraising platform for startups to utilize and raise funds from the community and fund their business ideas.
  • This is a DeFi feature that empower users to earn more through assets liquidity pool mining and staking. This is a great feature to utilize and make passive income in a decentralized manner.
  • NFT Marketplace: This is a marketplace that is built on Bithgert blockchain (Brise) network for buying and selling of NFTs. The marketplace has a standard UI that makes it easy for users to deploy and upload their NFTs. The rice marketplace creates NFTs, create collection, has NFTs launchpad and also allows users to earn by staking(NFT staking) which are all supportive to the token BRC20.

Rice Protocol's rich collection of features will all support tokens on the BRC20 network. A network of launchpad, swap protocol and farming functionality will do well in supporting startups and enthusiasts in blockchain and cryptocurrency ecosystem. Adding to the product that will be made available by rice, the platform targets to create an app with complete management on DeFi and NFT platform.

Rice Protocol's Token, RICE With Its Use Cases & Tokenomics

is the native token use in Rice Protocol, the token has an initial supply of 100,000,000 RICE tokens that are minted on the Bithgert blockchain (Brise) to serve as the fuel that will power it ecosystem. Rice Protocol's marketplace allows the buying and selling of NFT items with Brise and RICE token. Find detailed tokenomics of RICE token below.

Rice Protocol Project Development Roadmap

Meet Rice Protocol Team & Their Partners

In Conclusion

The coming of cryptocurrency has widely created a platform for users to benefit and make passive income online. However, as crypto becomes widely acceptable, it is becoming frustrating and costly to transact. With the emergence Bitgert chain network which has created Rice, as a crypto structure that is well formed and developed.

Rice as a global DeFi and NFT platform allows users to transact easily with low expenses. Rice vision is to create and expand its community. With its low cost features, it will give room to users to use the platform well. Do follow the links below for much more into Rice Protocol, thanks.

Buy RICE Token

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