Bread (BRD) is a hybrid-open source financial institution and cryptocurrency wallet. More
Fully Diluted Valuation | $879,441 |
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24H Trading Volume | $6 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 85.78 M |
Total Supply | 88.86 M |
Max Supply | ∞ |
Categories | Ethereum Ecosystem 1 more |
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Founder | Adam Traidman |
Website | token.breadapp.com Whitepaper |
Socials | 1 more |
Chains | Ethereum Ecosystem |
Explorer | Etherscan 2 more |
Contracts |
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Name | Pair | OG Score |
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Bread (BRD): Innovating Financial Services with Decentralized Finance
Introduction
Bread (BRD) is a hybrid-open source financial institution using decentralized finance (DeFi) to provide secure and anonymous transactions, aiming to replace traditional financial services.
Features and Services
Bread offers more than just a cryptocurrency wallet. It includes staking, portfolio management, and decentralized exchanges (DEXs), all accessible on various devices.
Addressing Financial Challenges
Bread aims to solve issues found in centralized banks, such as insolvency risks, high fees, and unnecessary taxes. It operates without managing customer funds directly, offering a more secure and cost-effective alternative.
Native Cryptocurrency: BRD
Bread's native cryptocurrency, BRD, is built on the Bitcoin blockchain. BRD tokens are used to access premium services on the platform. Existing BRD holders get priority for new token issues, promoting a loyal user base. Since its launch in 2014, Bread has grown from a simple Bitcoin wallet to a full-service financial platform.
Leadership and Team
Bread is led by experienced professionals, including Adam Traidman (CEO and co-founder), Aaron Voisine (co-founder and senior core architect), Samuel Clutch (CTO), and Spencer Chen (CMO).
Tokenomics
The total supply of BRD tokens is limited to about 88,860,000, ensuring a controlled and stable token economy.
Conclusion
Bread (BRD) is more than a cryptocurrency wallet. It uses blockchain technology to offer secure, efficient, and user-friendly financial services, addressing major issues in the current financial system. As Bread continues to grow, it aims to become a key player in global finance.
Bread (BRD) is unique because it combines decentralized finance (DeFi) with a hybrid-open source model, offering services like staking, portfolio management, and DEXs, all while maintaining user anonymity and security.
Bread (BRD) was co-founded by Adam Traidman and Aaron Voisine, with Traidman serving as CEO and Voisine as senior core architect.
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