As the Fed announced a 50 basis point rate cut, demand for alternate investments is rising. In the world of cryptocurrency, two of the most promising projects right now are Worldcoin and Bitgert.
While Worldcoin is trying to establish a global identity and financial network, Bitgert is working on a very scalable, fast, and secure blockchain network. So, let’s take a deeper look at these projects and see why Bitgert could be a better investment than Worldcoin.
Worldcoin vs Bitgert: Better Buy in 2024?
Worldcoin
The mission for Worldcoin is ambitious: to create the world’s largest identity and financial network through its World ID system. Through this, users can prove that they are human using zero-knowledge proofs. Using Orb devices to verify users, Worldcoin intends to release a decentralized, privacy-first mechanism with pretty broad applicability in identity verification.
Worldcoin has a governance and utility token in the form of WLD. Despite its innovative identity-verification system, Worldcoin may take longer to grow and scale due to the widespread adoption required of the Orb devices. Although innovative in nature, the success of Worldcoin depends on mass adoption worldwide, which will take some time.
Worldcoin is currently traded at $2.03, according to CoinMarketCap, and its prices dropped by 2.41% last day.
Bitgert
Bitgert offers a scalable and cost-efficient blockchain solution. Brise Chain, based on a Proof of Authority (PoA) mechanism by Bitgert, is much safer and faster than typical consensus mechanisms like Proof of Stake or Proof of Work. PoA uses a pre-approved set of validators that eliminates transaction delay and is, hence more scalable.
A number of native Products in Bitgert’s ecosystem have important utilities. Some major examples include Bitgert.Exchange, Bitgert AI Audit Platform and Bitgert StartUp Studio. Having processed over 47 million transactions and sporting a community of 800,000 plus, Bitgert is one of the blockchain world’s biggest forces.
In addition, Bitgert’s community-led initiatives, like grants, hackathons, and video contests, help improve participation and creativity within the network. For example, the Grants Program of the Bitgert Startup Studio offers a rewards pool worth $25k to memecoin developers who are developing on the Brise Chain.
Bitgert’s compatibility with Ethereum and BSC makes it malleable between multiple ecosystems. Lastly, a burn mechanism with frequent buybacks allows for future price appreciation.
Why is Bitgert a better buy than Worldcoin?
While Worldcoin is innovative and revolutionary in its own right, Bitgert is more substantial in scalability, lower transaction costs, and its ecosystem. This gives Bitgert the room for short-term and long-term gains. So, Bitgert looks like a more viable investment opportunity than Worldcoin because of its strong blockchain infrastructure and practical cases.
Buy $BRISE on Bitgert website today. Visit https://bitgert.com/
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