BRICS Chain Price, Live Chart & Market Cap

BRICS Chain (brics): A Bold Reserve-Backed Coin for Secure, Fast Cross-Border Payments

Name: BRICS Chain
Brand: BRICS Chain
SKU: BRICS
Price: 21.67 USD
Availability: InStock

Overview of BRICS Chain

BRICS Chain is designed to combine commodity backing with fast blockchain performance. BRICS Chain aims to power cross-border transactions without relying on traditional fiat channels. By leveraging BNB Smart Chain, BRICS Chain aspires to integrate DeFi features and establish a more stable digital asset for users worldwide.

BRICS Chain: Asset-Backed Crypto for Global Transactions

Utility & Use Cases BRICS

Staking and Rewards

BRICS Chain encourages staking for token holders. Users lock brics for potential yield and profit. This approach rewards long-term participation.

NFT Integration

BRICS Chain’s roadmap includes NFT issuance tied to real assets. This opens avenues for tokenizing commodities or collectibles within its ecosystem.

Liquidity Pools

BRICS Chain supports liquidity pool participation on partner platforms. Users can provide brics tokens to earn fees, boosting overall trading volume.

BRICS Chain Technologies Overview

Scalable Network

Built on BNB Smart Chain, BRICS Chain inherits high throughput for faster transaction finality, making it suitable for global usage.

Low Transaction Fees

Fee-friendly transfers help brics holders save costs, supporting frequent trading or day-to-day cross-border payments.

Smart Contract Support

BRICS Chain leverages EVM compatibility, allowing the development of DeFi applications and customizable token features.

Cross-Chain Potential

Future plans aim to bridge BRICS Chain with other networks, enabling broader token mobility and expanded DeFi solutions.

Funding

BRICS Chain introduced its brics token through an IEO in late 2023, offering a limited supply on P2B. Most tokens remain with the project team for future development, with additional private sales conducted earlier. A small float has driven speculative trading while the project continues to build utility and partnerships.

Roadmap

NFT Feature Launch

Enable minting and trading of NFTs backed by real assets, expanding brics ecosystem beyond standard token usage.

Mobile App Integration

Release a user-friendly app that streamlines staking, wallet management, and chart tracking for brics holders.

Dedicated Blockchain Migration

Transition from BNB Smart Chain to a specialized BRICS Chain network with potential multi-chain compatibility.

BRICS Chain Security & Audit Reports

BRICS Chain emphasizes contract audits and claims resource backing to protect users. Independent reviews point to ongoing improvements. The token contract on BNB Smart Chain is subject to further scrutiny regarding owner privileges and proof of collateral.