Blockchain Jewelry Brand Bitring Expands Globally, Stores to Be Located in LVMH-Owned Malls

According to ChainCatcher, as stated in the official announcement, jewelry technology brand Bitring has unveiled its global expansion plan, with all new stores to be located in shopping malls owned by the LVMH Group. The brand noted that this site selection strategy is a key component of its innovation in blockchain technology applications.

Reportedly, Bitring is a health ring DePIN + AI project based on BNB Chain. Seventy percent of Bitring tokens are allocated entirely for community mining, while the remaining 30% are reserved for a user insurance subsidy pool. Neither the team nor investors hold any tokens. During the mining period, Bitring users will receive reinsurance compensation within the scope of global health insurance. The platform aims to incentivize holders through a fair launch and support a decentralized community economy. The Bitring team hopes to use the ring as an entry point to tap into the Web3 insurance sector in the future.