ChainCatcher News, according to official sources, BitRing announced the launch of a pre-sale event for its smart rings. The 1-gram pure gold smart ring will be priced in real-time to match the current gold price. This limited pre-sale will include 50,000 units and requires strict KYC verification. Partner exchanges will oversee the process to ensure transparency. The project stated that a $3 million subsidy will be invested in this pre-sale event 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.