- Bread is a global company that specialises in “mobile wallet”.
- The Bread technology aims to bring legacy banks to the blockchain ecosystem.
- It also aims to reinvent and revolutionise banking.
- Bread seeks to accelerate the Bitcoin decentralised blockchain technology.
- Coinbase acquired Bread last November to accelerate web3.0 adoption.
Since the start of the blockchain peer-to-peer electronic cash system, blockchain technology has been moving fast, bringing many innovations and breakthroughs to the financial system. With blockchain, the definition of “money” and “value transfer” has changed, adapting to the changing economic landscape. While the core idea of blockchain is to move away from the traditional centralised financial system, the Bread technology is to bring the legacy banks to the blockchain ecosystem.
Bread is a global company that specialises in “mobile wallet” and aims to bring blockchain-enabled financial services to the mobile generation. Bread facilitate the buy and store of bitcoin and other crypto-assets securely. While crypto works on blockchain and legacy economic systems operate on a specific database, Bread is a technology aimed to reinvent and revolutionise banking. The Bread technology integrates and builds a blockchain that can help syn with the traditional banking ledger database. While Bitcoin decentralises banking by moving away from a centralised one and making it accessible to everyone, Bread catalyses and accelerates this idea. The whole concept of Bread is to have the same traditional banking system but in a blockchain — which is faster and decentralised.
Bread was launched in 2014 and raised a VC funding of $7 million in August 2017. It went on to go for ICO in December 2017 and raised $33 million in price value by launching 88 million BRD tokens. Today, Bread is present in 170 plus countries, has $20 Billion in assets under protection, and serves 10 million people worldwide. Apart from providing easy to buy and store bitcoin and other crypto assets, Bread also includes portfolio management tools to offer a comprehensive banking experience.
Bread has a reward system for its users that provides loyalty points and rewards in BRD tokens when they make any purchases using Bread. BRD is an ERC-20 token on the Ethereum blockchain launched as a loyalty and reward token. BRD has been used by over 5 million customers worldwide and is reportedly the fastest-growing blockchain-enabled financial app for everyday consumers.
Coinbase has acquired Bread and its team last November to help accelerate web3.0 adoption. The Bread team will continue to share their expertise in self-custody for crypto wallets enabling people to safely and securely access the decentralised world of crypto. Bread gives unique gifts in NFT for BRD wallet users who migrate to self custody with Coinbase Wallet after the acquisition.
BRD token stats (At the time of writing)
BRD price — $0.44
Market Cap — $39,182,484
Volume — $7,913,617
Circulation Supply — 88,862,718.00 BRD
Where to trade Bread BRD Tokens
To trade Bread BRD token at Unocoin — Crypto Ka Super App, you can download the Unocoin application or sign up at www.unocoin.com. For every unique sign up during the third month of this year, new users will get a welcome bonus of INR 100 worth of bitcoin.
What’s more? With Unocoin — Crypto Ka Super App, you can earn Satoshis by shaking your phone. All you need to do is, download the latest version of the Unocoin — Crypto Ka Super App application, shake your phone and earn Satoshis for free!
In 2013, Unocoin — Crypto Ka Super App, a Bangalore based technology startup and India’s first entrant into the bitcoin industry, was founded. The company operates India’s most significant (in Indian customer base) BTC-INR trading platform, enabling Indians to buy, sell, store, use, and accept bitcoin. At its peak, Unocoin processed transactions worth more than INR 2B per month for its 1,700,000+ customers. The startup has been featured among the Top 20 companies in The Fintech20: India list and have won prestigious titles like ‘The Golden SABRE award’ in financial communications for the project, ‘Bit-by-Bit: Building Bitcoin in India’ and ‘TECH30’ award from YourStory.
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
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Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).