WHAT IS BRADS COIN
Brads allow everyone to access real-time stock inventory and price data of the vendors inside the blockchain. Trust and decentralized nature of the Brads blockchain give consumers the opportunity to find the best deal and sellers to conduct business more quickly. With the token system, Brads has a goods system, which can also be used in a large number of applications, such as tracking the movement of a particular item from its creation to the current owner, tracking the original goods and detection of counterfeits.
BRADS is ERC20 token built under the ethereum blockchain ecosystem for versatility, speed and security. In due time, this token will stand out as the most unique token of all in the world of digital currency.
THE FUTURE OF E-COMMERCE
Brads’s vision is to create a completely transparent, trusted ecosystem for the e-commerce market, which is built on the blockchain principle: self-regulated and easily scalable.
It is responsible for the development of the blockchain network, R&D, development and complete technical assistance of the system. At the initial stage, the foundation is involved in establishing a permanent connection to new system participants, maintenance of nodes and writing of smart contracts for the system participants, as well as required development of interfaces for interaction between all of the system participants.Brads’s goal is to create a unified product classification standard and platform that allows for the quick setup and scaling of e-commerce projects. Brads will achieve this by creating a blockchain with a built-in Turing-complete programming language. It will allow anyone to write smart contracts and decentralized applications.
Brads platform is a one-stop investment a platform that combines modern and digitized methods of E-commerce solutions with the array of crypto investment opportunities. The main objectives of the Brads are to meet the needs of users of the traditional E-commerce sector.
The company aims to cover a large number of online stores of different domains around the world in the future and provide a cryptocurrency payment plug-in to increase adoption and facilitate the safety of their E-commerce products/services.
Brads functions with smart contracts consisting of accuracy, security, and transparency at a high level. With the help of smart contracts, Brad uses countless confidential data to carry out transactions that not only eliminate problems such as errors, disputes, miscommunications, and manipulations but also provide the platform with the strong lighting speed it needs.
Since the Brads Token is a utility token, it is constantly moving around in the system. More than 75% of tokens (60% will be sold via ICO) will belong to the system participants and will continuously move around within the BRADS. Initial token distribution among companies and end users will be carried out through ICO. The BRADS Foundation will exchange these tokens for USD/EURO, ETH or BTC which, in turn, are used for blockchain extension, development, attracting new investors and maintaining the entire system.
Service providers pay the fee in the system and receive tokens in turn from companies requiring their service. Any interaction, such as access to the company’s necessary data, will be paid with Bradstokens in the system. End users can fully or partially pay for products or services from the companies in the system with Brads tokens. Users can be rewarded in tokens for maintaining and developing the system, such as matching algorithm learning or product card creation, as well as detecting fake goods in the system. Tokens will be distributed at the moment of purchase in the ICO stage. All unsold tokens from ICO stage will be burned.
BRADS Wallet is a state-of-the-art blockchain wallet that permits users to buy, sell, manage and hold Brads cryptocurrencies and cryptonised assets. These securities can be accessed globally via computers and hand-held devices. Users do not need to have a bank account to set-up a BRADS WALLET account. Users will also be able to download the wallet after they have completed the ICO registration process. In Wallet, they can create an account and receive a private key and password, giving them access to the wallet. The wallet has an interface that is user-friendly and simple to operate.