SIDE by SIDE!
Let's take a good look at two of the hottest wallet tokens on the market today.
Notice I said we are comparing tokens not apps or projects, this comparison is only going to look at the Token fundamentals of each. IF you want to know more about what ETHOS or BRD is.. Then do your own research, its no secret I've been a fan of BRD's app for awhile now. So as ive gone around declaring my love for BRD in the Crypto space I kept getting told about ETHOS and how it was a better investment. So I decided to take a closer look at the two tokens, I'll just let the numbers speak for themselves and you make up your own mind as to what token is the better investment.
ETHOS TOKEN USE.
In short ETHOS Tokens will:
Be the payment mechanism for accessing and using services on the Ethos platform
Pay for transaction fees and API calls
Enable liquidity to help with changes in user asset allocations
However, ETHOS Tokens will NOT:Pay dividends or profits of any kind
Enable holders to vote on company matters, or
Control the company in any way
In the future, Ethos Tokens may be used to send value, similar to PayPal. This is where we hope to get to and believe that it will require navigating technical and legal solutions with care and expertise.
Source: https://www.ethos.io/token/
BRD TOKEN USE.
BRD tokens will unlock a long list of perks for users of the BRD platform. Token holders will enjoy discounts, sequential tiers of complementary or exclusive access to premium features, and full white glove service for our most elite customers.
Tokens can be earned through various promotions, such as giveaways, opt-in surveys, or even automatic airdrops for frequent users. BRD tokens exist on the Ethereum network as a standard ERC-20 token, which means access to these perks can be freely bought, sold, or transferred independent of the BRD platform.
Source: https://breadapp.com/blog/bread-rewards-waterfall/
Token stats!
All stats quoted in this post are publicly available on coincheckup.com at these links..
https://coincheckup.com/coins/bread
https://coincheckup.com/coins/ethos
The total supply of each token is something I look at before I buy.. We all know that the lower the total supply the higher the price potential. Some more high points to talk about here are the Circulating supply.. Notice that BRD's Total supply is not only a lot lower but its also all already in circulation. That's good from a investment point of view, You don't have to worry about the market getting dumped on later as more and more tokens go into circulation. Another plus for BRD over ETHOS IMO is the Coincheckup Algorithmic score they give to projects with potential.
COINCHECKUP Algo score
The scores are algorithmicically calculated multiple times a day based on manually and automatically collected publicly verifiable, objective data. Currently this is where the token stack up in the ranking.
BRD's rank is 4.3 out of 5 stars.
ETHOS's rank is 3.1 out of 5 stars.
If you want more info on how coincheck comes up with these scores please take a moment to go check each of the full reports here: BRD Or ETHOS
How much did the teams keep?
Another small detail I look at when weighing the investment potential of a token is who owns the lions share to start, Is it investors or did the company hold back more for itself. Why is this a concern you ask? Well the simple answer is the ones who own the most of something have the most influence over its price.
BRD's Token allocations
88,862,718 Bread tokens have been issued:
● 37.11% (32,978,250 BRD) were sold in a private presale.
● 29.56% (26,263,561 BRD) were sold in the public crowdsale.
● 33.3% (29,620,907 BRD) were retained by Bread.
Out of that 33% they kept for the team they just committed to giving away 1,200,000 BRD tokens in a airdrop at 30 BRD each registrant.
Source: BRD white paper!
Finding the Token allocations for ETHOS was not as simple, I looked on their site and white pages but couldn't come up with a allocation. However, you can tell by how much is still not in circulation that the ETHOS team kept the majority of the tokens for itself.
One of these guys knows what's up.
https://www.youtube.com/watch?v=5GEVdRrhk8Q
Both tokens are on exchanges now and can be purchased today! OR you can skip the exchanges and buy your BRD inside the BRD app today.. Or if you need a secure place to hold your ETHOS tokens until they get a working public wallet BRD supports their token as well!
If you can't look at these numbers and figure out what token is the better investment. Then maybe you need to just stick to fiat currencies and pay someone to invest for you. :)
If you are Interested in joining a BRD telegram chat that is geared towards Investing and Trading the BRD token. Join it here!
BRD Investors and Traders chat
Disclaimer:
The information in this blog is provided “AS IS” with no warranties, and confers no rights.
This blog does not represent the thoughts, intentions, plans or strategies of anyone BUT myself. It is solely my opinion.
Feel free to challenge me, disagree with me, or tell me I’m completely nuts in the comments section of each blog entry, However if you do speak up. I reserve the right to tell you just what I think of your thoughts and opinions on the subjects as well. SO, don't get butthurt if I do! -Buzzard