Decentralized Finance (Defi) has got high attention in the market and now we can say that defi has its impact on almost every field in the market. Defi ecosystem has made it possible to transact finance and real assets on blockchain technology and in digital form. So Defi ecosystem provides worldwide access and gives more liquidity to new emerging projects and their products. With the mass adoption of Defi and its innovations, more and more people are now interested in Defi applications and protocols and use them in their daily life to transact and also to earn passive income. The projects and companies are taking benefit and by using defi they are able to get huge traffic on their platforms. It is obvious that when there are more users using the platform then that platform becomes more liquid and generates more revenue on its ecosystem as every transaction contributes toward ecosystem’s revenue generation as a nominal fee is deducted when there is execution of any transaction on the platform.

What is Base Reward Ecosystem?

For every project to grow and survive in this sophisticated market, loyal users of the platform play a vital role. From its initial journey inwards more emphasis is given to attract mass people to join and study the project so that the platform must get a big portion of loyal customers to stay and transact on the platform. More transactions of end users bring more liquidity and that is the key factor to generate revenue on the platform since every transaction by end users generate a portion of revenue in the ecosystem. In-fact this one of the biggest reasons that many industries and new rising projects prefer blockchain technology to get access to mass people worldwide and then grow rapidly. Most of the projects are now using Defi innovations and and by using this technology they are able to grow their data base. Defi enables them to take worldwide access and as such more traffic and more transactions are done in their ecosystem buy the end users. This results in more revenue generation on the platform and then developer, financiers and employees of that project share that generated revenue and grow their portfolios. 

But on the same hand it has created a problem that the end users (real customers) are not taken into consideration when there is decision making and revenue distribution on the platform. Base reward ecosystem came into existence to eliminate this drawback and it is a user friendly platform that regards its end users and give them rewards for their loyalty on the platform. So Base Reward token is a project with unique concept that believes in sharing is caring phenomenon:

• Base reward has intended revenue sharing protocol and 60% of ecosystem fees is distributed to customers of the platform to reward their loyalty.
• Base Reward ecosystem has inbuilt PoS (Proof-of-stake) protocol that has been designed to create more compelling rewards and users by holding their tokens in PoS protocol will get good rewards. In this way Base reward ecosystem has combined blockchain technology, cryptocurrencies and different businesses on its platform to reward the loyalty of the end users on the platform.
• Every time users do transaction on Base Reward platform, they are eligible to get BRT tokens as reward. That means the users are treated as stakeholders on the platform to share revenue and also by holding BRT token they become a part of the governance system of the platform and can take part in decision making for betterment of the platform.
• The rewards are calculated as per the amount of tokens the user is holding in PoS protocol. Base Reward platform runs on Binance Smartchain so the PoS protocol build on BSC network is fast and transparent. The reward are distributed immediately without and delay and also there are no hidden charges.
• The users and customers of the platform will grow with the growth of the platform since they are getting  rewards from ecosystem fees and can take part in decision making. This concept has a positive impact on the platform and will motivate more and more people to join and take benefits from this liquid and flexible protocol of Base Reward Token.

BRT Token

BRT is the symbol of native token of the platform and it is the base of this growing economy as the earned rewards are given in BRT tokens and also the holders of BRT tokens get access to all protocols of the platform, can take part in deciding platform's future development strategies and become eligible to generate rewards and mint other BRT tokens by depositing their BRT tokens In PoS protocol of the platform. There are 3.650,000 BRT tokens are reserved from total supply of BRT tokens to be minted via POS protocol with a clause that after every 365 days the reward will become half as compared to current reward pool.

BRT has its usecase on the platform and the holders of this token can purchase various products and services on the platform with big discounts by paying with BRT token. That means by paying with BRT token you can get a $10 product in $7 with 30% discount.

The total supply od BRT toen is 12,000,000 BRT and its BSC contract address is : 0xfa87b870e751179bef7dcada8c18fc5ca4a37bb0

Total supply of BRT token is limited and this token can not be minted again to increase the total supply.

Services of Base Reward Ecosystem

Base Reward ecosystem is developing on BSC network so it allows fast transactions with a very low fees. This ecosystem is much transparent and no third parties are involved in this ecosystem. This enables this platform to grow worldwide and get access to mass people across the boundaries. The users of this platform are able to explore whole defi world and its innovations to yield more revenues.

Base Reward Ecosystem Services include:

Instant exchanging platform with rewards on every transactions

Base Reward ecosystem operates as an automatic currency exchanger which provides instant swapping between crypto and fiat currencies. Base Reward is a decentralized protocol and runs on blockchian technology and its innovative smartchain allows its users to transact in a transparent and anonymous environment with more security and with very low fees. BSC network of the platform is providing fast speed and there is no interference of external forces to transact on the platform. As such there are no financial inquires and also users can operate without showing their identity. Base Reward ecosystem allows trustless transactions as its advanced smart contract and nodes are compatible to handle the whole trust of executed transactions thus allowing its users to do swapping and exchange their crypto and fiat currencies instantly without any problem.

Visa/Master prepaid card services

The online transactions are growing rapidly and the current scenario is that the economy is moving toward cash free environment. Base Reward platform has taken an advanced step to make a cashless economy and use crypto to do online payments. This platform is providing Visa/Master prepaid cards to its users to transact worldwide in a transparent , secure and fast environment. Base Reward ecosystem takes care of users' privacy and allow them to transact anonymously without revealing their identities to use these visa/master prepaid card services. Users of this platform get following benefits to do cashless transactions worldwide:

• The cards are accepted in almost all ATMs worldwide that make them more flexible and useful for shopping and settlement of payments.
• Theses cards can be physical or virtual.
• Base Reward platform provides cards of both categories : which having only one time usage and also there are cards which are issued for multiple transactions.
• These cards are acceptable by some big brands of the market and thus are having good usages in the market. The on line merchants like Paypal, Google, Facebook etc. are accepting these cards.
• These cards are refueled easily on the platform.  
• All the transactions are counted and based on recurring volume certain points are given to users and these points can be redeemed to get BRT tokens.

Ecommerce Platform

The statistics are showing that there is a worldwide rapid growth of total value of Ecommerce. For instance Africa's ecommerce revenue that reached to 16.5 billion in 2017 is now expected to increase up to 29 million by 2022. Base Reward Platform is growing positively and is availing the best opportunities and is intended to take advantage from the young growing market like Africa to gain market share in ecommerce by creating Africa's best marketplace for vendors and buyers to meet and transact freely in a safe and transparent environment. This is the best strategy of Base Reward platform to join and  become a part of that growing community and further help users to get a fast, safe and transparent ecosystem to trade and earn. This will create more loyal end users on the platform and the more transactions on the platform will yield more profit and the best part with Base reward platform is that the end users will get 60% share of ecosystem's profit. So more growth of the Base Reward Ecosystem means More growth of the users of the platform.

Brief

Base reward is an innovative and user friendly platform to transact and explore DeFi world in its full potential. This ecosystem is created with an aim to reward end users of the platform and motivate them to transact on the platform. When the users are given rewards for their loyalty toward the platform that creates a positive impact for the growth of the platform and more and more people join the platform and have faith in it. Base Reward is the first project of its kind where the users are given privilege to become stake holders of the platform. Also users can actively take part in project development programs and can vote to decide best future strategies for the growth of the platform. By participate in PoS staking protocol the users are able to mint BRT which is the native and governance token of the platform. The percentage of BRT token minting is proportional to user's share in the PoS staking protocol. It is good to join the project in its early stage since the BRT minting will become half after every year. The best part of Base Reward ecosystem is that users get rewarded for their each and every transaction they do on the platform like swapping, purchasing and staking etc. Base Reward platform hsa reserved its 60% of ecosystem fees & profit to be distributed among its end users for their loyalty towards the platform. Further to simplify the procedure and to get rewards easily and with fast speed, Base Reward platform is providing Base Reward Wallet which is a non-custodial wallet and giving users the ability to get rewarded in BRT token for every transaction.

For more information check out:

• Website: https://basereward.online/
• Whitepaper: https://drive.google.com/file/d/1KNSbrk3Y_9aa9zb0lbLZGB3cnfr8P8Cf/view
• Telegram: https://t.me/BASEREWARDOFFICIAL
• Twitter: https://twitter.com/baserewardtoken
• Facebook: https://www.facebook.com/basereward/
• Linkedin: https://www.linkedin.com/company/base-reward-token/

Writer

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