Blockchain jewelry brand Bitring expands globally, store locations selected in LVMH-owned shopping malls.

According to the official announcement, tech jewelry brand Bitring has announced a global expansion plan, with all new stores to be located in shopping malls under the LVMH Group. The brand stated that this location strategy is an important part of its blockchain technology application innovation. It is reported that Bitring is a health ring DePIN +AI project based on BNB Chain. 70% of Bitring tokens are used for community mining, and 30% of tokens are used for user insurance fund subsidy pools. The team and investors do not own any tokens. Bitring users will enjoy reinsurance subsidy compensation within the scope of global medical insurance during the mining period. The platform aims to incentivize holders through fair launches and support a decentralized community economy. The Bitring team hopes to use the ring as an entry point to enter the Web3 insurance field in the future. [ChainCatcher]