Important Notice
Deposits are not currently available for this coin.
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.
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.
Bread's potential use cases include:
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.