With almost one million customers in over 140 countries, protecting billions of dollars of cryptocurrency, Bread is on a mission to become the world's largest decentralized financial institution. In December 2017, Bread launched the Bread Token (BRD) as the base unit of its loyalty and rewards program, to energize its users, and fuel growth for years to come.
BRD is designed to deliver two great benefits to Bread users: Large discounts on services within the app (i.e. buying bitcoin), and tiered status based on the amount of BRD held in the wallet. The more BRD a user has, the better the perks, including a limited number of free transactions per month, direct phone support, access to early pre-qualified investment opportunities, and invitations to exclusive events.
Unlike airline miles or hotel points, the supply of BRD tokens is fixed. And Bread has designed a unique framework for how to deliver lasting value to customers, even while its user base increases exponentially.
Disclaimer: this document is written with the information from the official whitepaper, to provide investors an overview of the token. The information in this document is collected legally. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof or evidence.