Negative Bread opinions

Bread
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1 opinions

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So far,1 of opinions have been recorded for Bread. These opinions are not investment recommendations but the community's perspective on Bread. Please do not make a purchase decision based on these Bread opinions.

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Bread opinion #1

Negative opinion by Anonymous on 28.11.2020 2 of 5

Bread (BRD) is a wallet for Bitcoin and ERC-20 based tokens like Ethereum. When using this wallet, rewards are paid out as a loyalty bonus. With the help of these collected utility tokens, discounted transactions, trading etc. can be carried out in the ecosystem of the wallet. It is comparable to the Binance Token (NBB) or the Crypto Token, which also provide benefits for your ecosystems.
However, just to get benefits, I would not want to put tokens on the Exchanges.
Moreover, these are only listed on three important Exchanges at the moment. This reduces successful trading to more stable alternative crypto currencies.

So for me this token is only there to bind the user to the Wallet BRD for a long term, so that their ecosystem exists. In the App Store there are over 1 million installations for Android and IOS devices listed and the source code is freely available in the github.