Tried and tested - 25USD worth of BRMT in under 15 seconds (airdrop)

Tried and tested - 25USD worth of BRMT in under 15 seconds (airdrop)

By kamikimms | Crypto Observer | 15 Jul 2021


I've stumbled across an airdrop that doesn't require jumping through social media/ task hoops to claim so thought I would share it here for anyone else interested in accumulating quick free cryptos.

How?

Claiming 500 BRMT (25 USD) takes 15 seconds, you simply register with an email and a name (no KYC so you can use any name) and confirm registration through email. Receiving the tokens was quicker than copying and pasting the text below. It looks like the staking will be interesting, although it's labelled as "coming soon" it looks like it'll offer 120% APR. 

Registration link so you too can get your tokens is here (disclaimer, that is a referral link - i used someone else's and hopefully you'll share yours once you've claimed your tokens so we all accumulate :) )

Proof

1931698f72debcbb988c3b7e51527f224585b9832f08e885ecb7510df9d1c665.png

What is BRMT?

Blockchain Technology

BRMT token is a cryptography-based digital coin and intended to be introduced to the market to serve as a fully functional currency to facilitate the cross border money transfer which can act as an alternative to cash and traditional banking payment systems. BRMT token is developed on Binance Smart Chain.

Reducing intermediaries

Traditional methods involve lots of in between bank and brokers to succeed the transaction from start to finish. For example, if a Moroccan immigrant residing in France wanted to send money back to their family through a bank transfer, their payment process would go through seven intermediaries that link the sender and the receiver: The sender bank, sender’s payment system, correspondent bank, foreign exchange, another correspondent bank, the receiver’s payment system, and the receiver bank. Each of these intermediaries takes a cut of the transaction fee and increases the final amount that the sender/receiver ends up paying. Blockchain is set to remove some of the unnecessary intermediaries that take part in the traditional money transfer process.

Payment processing

There are lots of restrictions and complainant's hurdles which promote the monopoly market and stop innovating new ideas. Blockchain technology opens up those restrictions and creates an environment to kickoff.

Mobile Wallets

Due to the growth of mobile penetration in developing countries, payments using blockchain-based mobile wallets have become a real possibility. The traditional system adopted by banks are not able to reach and include large no of people, they are currently turned into unsecure alternative remittance service like hundi/hawala.

Integration with existing platforms

While blockchain is a disruptive technology, its goal isn’t to necessarily kill its competition but rather to supplement it and renovate the infrastructure that banks and Money Transfer Operators rely on.

Proof of Stake

The Concept of proof of stake is applicable on remittance to motivate the remit agents and make them more competitive to service the customer.

 

 

 

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Crypto Observer
Crypto Observer

Like many of you I entered the crypto market during the ATH (April 2021), and not too dissimilar to many it was the meme coin DOGE that brought me in. I am no longer a holder of DOGE but I am hooked! I have since diversified my modestly sized portfolio by setting aside a percentage of my pay check. I'll share my observations along the way, I have no shame in accepting my inexperience and learning from others, neither should you.

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