Bread (BRD)

Bread (BRD) widget

ICO date: 14.12.2017 - 15.12.2017
Industry: Exchanges & Wallets
Description:

Bread is a blockchain-based Bitcoin wallet.

Features:

Tokens will be built on Ethereum and, like any other cryptocurrency held in Bread, will remain in the user’s total control. This gives users the flexibility to transfer or otherwise use their tokens independently without relying on Bread.

Bread is predominantly used as a wallet for storing, sending, and receiving bitcoin. It connects directly to the bitcoin network, meaning it is completely decentralized and doesn’t rely on our servers to function. It also features a completed framework for accessing decentralized, third-party financial services. Bread users who choose to use these services enter the personal information that is required by each service, and that data is stored, encrypted, on the user’s own device.

Bread is introducing the Bread token (BRD), which will give users access to special perks within the Bread platform. Bread token does not offer any monetary benefits associated with securities. Bread token is used within the app and decentralized financial services platform and is not tied to equity, virtual equity, or performance of the company.

When a user goes to buy bitcoin in Bread, platform taps into a local bitcoin exchange, legally operated and fully compliant within the user’s jurisdiction. Bread app communicates directly with the exchange’s servers via an API and facilitates the purchase of bitcoin for the user.

Website: token.breadapp.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
High 3.0 / 5.0
Risk score
Low

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See also