Decentralized Financial Token System with a Base Reward Token
introduction
In our contemporary dispensation, we live in a Jet era, in which the world’s players are so linked that it has been dubbed the “Global Village.” Many companies have social media platforms where the whole community remains linked on a digital basis; these groups impact our conscious and subconscious ideas, conducts, and attitudes. Customers or end users, on the other hand, often feel unappreciated for their commitment while engaging with a firm. Most consumers have stayed loyal to a single brand for up to 25 years, but their devotion has gone unappreciated or unappreciated, and they feel excluded from decision-making. In this setting, the firm’s expansion helps the board of directors, the founders, the shareholders, and the employees.
Token of the Base Reward
Base Reward Token (BRT) is one of the few companies with the objective of including consumers in the company’s development. Every transaction, purchase, and online spend has a favorable influence on the customers. BRT believes in sharing its revenues with its loyal customers via a decentralized incentive system. This prize will be given to all Base Reward Token users that participate.
I’d want us to take a close look at Six Qualities of the Base Reward Token.
Rewarding
The Base Reward Token platform is a marketplace with several different divisions where purchases and transactions may be made. BRT token users have access to a variety of online purchases, providing them the chance to earn token incentives with each transaction. This is achievable because 60 percent of the fees collected will be distributed to token holders on a monthly basis by providing liquidity on the exchange platform.
a sense of ownership
Each BRT bearer is entitled to one share of the corporation. The platform is not owned by any individual or group of individuals. T is an open-source, decentralized financial platform. As a result, it is built on anonymity. Holding a BRT entails just a small portion of its services. As a result, you are in charge of what you consume.
Case in Point
Holders of Base Reward Tokens have the ability to acquire products and services inside the Base Reward Token ecosystem. Rather than paying in different currencies, the expenditure will be charged at a reduced rate. A MasterCard payment, for example, may be charged $100, but if the same payment is made using BRTs, the price will be $70, a 30% discount.
a valuable asset
The original digital asset of the Base Reward Ecosystem is the Base Reward Token. It is the ecosystem’s most important asset, since it allows any user to engage in any service at any time.
a lack of resources
The Base Reward Token will have a restricted circulating supply and a maximum supply of 12 million tokens. There will never be another token produced.
Right to Vote
The holders of Base Reward Tokens have the power to vote on what occurs in the Base Reward Token ecosystem. Token holders will be an important element of the platform and will have a say in policy decisions.
Ecosystem Services as a Base Reward
A decentralized Finance ecosystem, the Base Reward Token Ecosystem. One that does not demand all of the community members’ personal information in order for them to engage in the platform’s activities.
Instant Exchanger, Visa/Master Card prepaid services, eCommerce platform, and mobile gaming are the four key services that will be offered on the BRT Ecosystem.
Immediate Exchanger
The exchange of assets from one currency to another is a key concept of bitcoin digital assets. This might be a time-consuming operation, particularly if you need to transfer the base cryptocurrency for the swap from one exchange to another. On their platform, the Base Reward token core team has made this procedure simple. The site allows users to instantly swap over 100 cryptocurrencies and fiat currencies at a cheap cost of 0.5 percent. To make purchases or sells, you no longer need to move tokens from one exchange to another; everything can be done inside the Base Reward token ecosystem.
Prepaid Visa/MasterCard services
Africa is frantically trying to close the demand gap for card services that exists between them and the industrialized world. Currently, there are around 58,000 ATM machines and 438,000 point-of-sale terminals installed. The central banks have implemented policies that support a cashless society, and that vision is progressively becoming a reality. However, there is a flaw in this novel technique. For merchants who wish to remain anonymous, recharging virtual cards has become more difficult. The Base Reward token core team wants to provide a solution by bridging the price-bureaucracy gap, as well as offering a secure and simple method to purchase and do business online in Africa and throughout the world.
Platform for ecommerce
The e-commerce industry in Africa has exploded. According to Statista, the total gross value of African eCommerce in 2017 was $16.5 billion, thanks to companies like Jumia and Konga. Statista also predicted that by 2022, the gross value of eCommerce would be $29 billion. The Base Reward Token core team wants a piece of that value, and they’re already doing it with their brilliant platform. Keep in mind that merely having a Base Reward Token in your wallet or trading with it will give you a piece of that value.
Gaming on the Go
When it comes to mobile downloaded and installed applications, as well as app utilization, mobile gaming has grabbed center stage. Simply stroll by ten individuals with smartphones, and I promise that seven out of ten will be using a mobile gaming app. More than a third of the world’s population is expected to play mobile games by the end of 2019, making the app genre as popular as music and communication apps. According to Newzoo, the gross value of sales and downloaded games will reach $76.7 billion by December 2020, and will be surpassed by 12 percent in 2025. The Base Reward Token core team wants to be a part of this change by enabling Base Reward Token to be used to buy and download mobile games on their platform for a set cost. This will be incredible, but it will all hinge on the results of the voting, which will be performed by the team for the whole community, including token holders and the whole core team.
Smartphone App for the Base Reward Token
The benefit of this arrangement is that practically any desktop configuration application can be written for smartphones and tablets running Google’s Android and Apple’s IOS operating systems. Base Reward Token has developed an app that may be used to store Base Reward Tokens, Bitcoin, Ethereum, Dodge Coin, Binance Coin, and other cryptocurrencies. It’s a simple program with a nice UI. You may use the program to perform Base Reward Token services once again. It includes state-of-the-art security, including 2FA and Pin choices. You may get the software from Google’s and Apple’s respective app stores.
Using the Base Reward Token as a stake
Fixing fiat monies in the bank is equivalent to staking Base Reward Token. All an investor or token holder has to do is stake their BRT tokens for a certain period of time, which may range from 30 to 60 days to 90 to 180 days. For both the token holder and the Base Reward Token organization, it is a win-win scenario. For staking their tokens, token holders are rewarded with extra tokens, while the firm benefits from the reduced circulating quantity, which supports a healthy currency price. It’s a way to earn money without having to work. Participate in the staking exercise right now.
Important Reminder
It’s worth noting that the tokens given to the founders and team members will be frozen for a period of two years. Maintaining a sustainable token price by regulating the quantity of tokens distributed to the market.
Official BRT Token Sales
There will be two pricing stages for the token sales.
During the first phase,
The token will be offered for $0.08 with a 10% bonus on your first investment.
The second step entails
The token will still be offered at $0.3 with a 10% bonus.
BRT Exchange
BRT will be traded on the top 50 exchanges and will be available on both decentralized and controlled platforms. So, for the most up-to-date information, join the community Telegram group.
Final thoughts and my own opinion
The Base Reward Token is one of the most community-driven tokens I’ve seen. Every token bearer is a player in this game. The fact that the maximum token supply is limited to 12 million tokens is also really impressive; this will help to maintain a sustainable token price. Another positive feature is the controlled staking incentive; tokens will be frozen for a period of two years and for the team and founders, resulting in a price gain. Get involved in this exciting and promising initiative now!
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Author’s Information,
Forum Username : Laknimeos
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=2467446;sa=summary
Proof Of Authority : https://bitcointalk.org/index.php?topic=5335686.msg57128615#msg57128615
Bsc Address : 0xa93918674018C835cFA938FB9726801C93d0C447
