BitRing will pre-sell 1 gram of pure gold smart rings at the price of 1 gram of gold, limited to 50,000 units, and KYC verification is required.

ChainCatcher News reports that BitRing has announced the launch of a pre-sale for their smart rings. The 1-gram pure gold smart ring will be priced to match the real-time gold price per gram. The pre-sale is limited to 50,000 units and requires strict KYC verification. Partner exchanges will oversee the process to ensure transparency.

The project states that $3 million will be invested to subsidize this pre-sale, aiming to directly connect the supply chain and reduce middlemen and premiums. Users need to follow their social media accounts and complete designated interactions to qualify for participation.

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