Review on Brazilian Digital Token by Məhəmməd Şahbazlı
Brazilian Digital Token
Hello to everyone. Today I will be writing about the Brazilian Digital Token. Like other coins, the market is still new and fresh. I think the others are not that different.
BRZ is an ERC-20 token built on top of the Ethereum blockchain and is designed to maintain a 1: 1 ratio to the Brazilian Real. According to their website, price stability will be monitored by market agents based on the reserves held by reserve managers, and the issuance of core reserves and new tokens will be overseen by a reputable third-party firm.
I took a look at the site, but there is not such a big system. Still a fresh new token. I think it is little known and not so well known. He needs to do business with advertising and big companies. If the tokens are down in the company, the financial situation is good. So it's a classic new token.
Pros
- good financial situation
- Ability to secure your property
Cons
- there is low token situation
- Project is still in development
- need improvement
