Rice Protocol - Next DeFi and NFT Platform build on Brise Chain (Bitgert) Network.

cryptoinmind (30)in #riceprotocol • 2 years ago

Overview

Decentralized finance, commonly known as DeFi, has been one of the most impactful and successful waves of blockchain-based innovation. Fueled by their inherent advantages of permissionless composability and open-source development culture, DeFi protocols are constantly advancing and iterating upon proven models of financial-based agreements. The DeFi ecosystem moves at a lightning pace — over the past few months, a rising movement of liquidity-focused DeFi projects has brought forth a new wave of DeFi innovation.

In short: DeFi is massive and expanding by the day. Its expansion over the last few years has seen the advent of new technologies and better ways of managing finances: new ways of financing projects, borrowing, lending, betting, and investing; the possibilities are endless. The rapid growth of DeFi has, however, highlighted some innate problems in the industry. Investors across the globe are chasing low-risk-high-yield returns in a booming wave within the technology sector of Decentralized Finance (DeFi) and noting that cryptocurrency, in general, is opening up new possibilities across the whole financial industry.

By far DeFi is showing favor to becoming the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high-interest rates that most thoughts were unachievable. However, there are Blockchain challenges related to UI/UX, and lack of KYC users are stuck with traditional fundraising strategies. That is why unveiling Rice Protocol.

The developers of Rice Protocol have introduced the platform, a DeFi 2.0 protocol that provides decentralized financial products with NFT Marketplace that make it easier for users to transact, as well as reduce costs.

What Is Rice Protocol?

Rice Protocol is one of the platforms that stand under the auspices of the new blockchain, namely Bitgert Chain, the Rice protocol is a platform that is built as an economic platform, where people can exchange, create images and sell as they wish to increase their finances.

Rice Protocol is the next DeFi and NFT platform builds on a Brise chain (Bitgert) network.

What Is Bitgert?

Bitgert is a crypto engineering organization that has built a super-fast blockchain, which has +100k TPS and zero-cost gas fees. The Fastest Growing Ecosystem With Projects Spanning DeFi, NFTs, Web3 & Much More, Bitgert Also Has Developed A BRC20/ERC20/BEP20 Supported Wallet on Android & iOS.

Mission of Rice Protocol

The mission is to create an excellent platform that can make it easier for users to transact and reduce costs, which are often a major problem for traders or crypto users whose status is still in the early stages. To accomplish this mission. bitgert (Brise) blockchain is the right choice

Vision of Rice Protocol

The vision is to create as many communities as possible. the more people who know about the low-cost network, the more people will be interested and feel helped by the existence of blockchain and Rice platforms.

Ecosystem of Rice Protocol

Rice Protocol has come up with three innovative products that include: Decentralized exchange, an NFT marketplace, and Mobile App for the NFT marketplace

Decentralized Exchange.

Rice Dex is a decentralized exchange that allows you to swap crypto tokens for other tokens instantly using liquidity pools. Apart from being a crypto exchange place. they also built a staking platform and decentralized launchpad as the main function of Dex. Rice Dex uses the Bitgert Chain (Brise) network as the main network of exchange. and Rice Token as Native token in exchange.

Rice Marketplace

Rice Marketplace is an NFT buying and selling platform using the Bitgert Chain (Brise) network. By implementing a standard UI, users will find it very easy to deploy and upload their NFT. Hope that this NFT platform can be an alternative to increase the financial income of art lovers.

Rice App

Rice App will allow complete management of DeFi and Nft Platform in Rice ecosystem through the app.

Rice Token

RICE is the native token of the Rice Protocol. Tokenomics plays a crucial role in the success of any crypto project. Rice Protocol has come up with a working and sustainable tokenomics to drive Rice Protocol to success

Token Name: Rice Protocol
Token Symbol: Rice
Rice Max Supply: 100.000.000 Rice
Token Chain : Bitgert Chain (Brise)

Utilities of RICE Token

Native Token on Rice Swap
Native Token for purchase NFT in Rice Store.
Reward in Defi Function like Staking and Farming
Taking Part in Launchpad Projects

Roadmap

Conclusion

Rice Protocol creates an attractive and complete platform with very low transaction fees, even almost zero USD. this will be very easy and profitable for crypto lovers. Rice Protocol is going to become a one-stop-station for major DeFi protocols, which means new passive income opportunities and even more tokens in your wallet. Jump on the bandwagon and become one of the early adopters! The first investors will enjoy premium features and more RICE tokens!