ChainCatcher reports that the Health Ring AI + Depin project Bitring has been officially selected for the 10th MVB (Most Valuable Builder) ecological acceleration program jointly initiated by BNB Chain, Yzi Labs, and CoinMarketCap.
It is understood that Bitring is a health ring DePIN + AI project based on BNB Chain, with 70% of tokens used for community mining and 30% for user insurance fund subsidies. Neither the team nor investors own tokens. During the mining period, Bitring users will enjoy reinsurance compensation within the global medical insurance scope.
The platform aims to support a decentralized community economy by fairly launching incentives for holders.The Bitring team hopes to enter the Web3 insurance field through rings as an entry point.
