### What is Bread?

Bread (BRD) is a digital currency and utility token that exists within the Bread app ecosystem. It is built on the Ethereum blockchain, functioning as a financial tool that provides users with discounts and additional services on the platform.

### How does Bread work?

Bread operates by leveraging the Ethereum blockchain, using BRD tokens as an ERC-20 token. It incorporates features such as advanced encryption, biometric authentication, and private key control to enhance security and user-friendliness. The token serves multiple purposes including facilitating transactions and providing rewards within the app's ecosystem.

### What are the potential use cases for Bread?

Bread's potential use cases include:
- **Decentralised Banking**: Facilitating various financial transactions such as direct payment of wages via Bitcoin and payment of bills.
- **Mobile Wallet**: Offering a secure and user-friendly platform for storing and buying cryptocurrencies.
- **Portfolio Management**: Providing tools for managing digital assets within the app.
- **Loyalty Program**: Giving access to discounts and benefits for holding BRD tokens.

### What is the history of Bread?

The Bread app's origins date back to 2014, founded by Aaron Voisine, Adam Traidman, and Aaron Lasher. It initially gained popularity as a standalone iOS Bitcoin wallet. The project raised $33 million through an ICO in December 2017 and expanded to support Ethereum and ERC-20 tokens. Significant milestones include partnerships for decentralised banking solutions and a notable acquisition by Coinbase to foster web3 adoption. It boasts a global presence, serving over 10 million users with assets under protection worth $20 billion.

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