Did you ever hear about BITRAD.IO? Post has @steem-bounty

in #cryptocurrency6 years ago (edited)

Did you ever hear about BITRAD.IO?

Actually, I am not that much into cryptocurrencies. Yes, I understand the technique but there are so many cryptocurrencies that I really don't know what they are all about.

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It seems to be set up and run by a German company.
V. 17.07.06-1.0 | © 2016-2018 Bitrad.io | Build with 💗 in Franconia | Bitradio GmbH - Holzwiesenstr. 4 - 90441 Nürnberg - Germany

They also give some statistics:

STATS
User 190,817
Payouts 9,454,561
Payout 754,552.6139
BRO burned 18,595.24
Streamed 40.493.858 hrs

I tested bitrad.io some time ago and what I can confirm is it does what it says and that is: earn BRO while listening to one of the thousands of radio stations

All you need is the wallet on the device with which you want to listen.

image.png

This wallet is available for Windows, Mac OS X, Debian 64 and they say soon also for Pi3 Raspbian.
There are also players for iPhone and Ipad available.
After installing the wallet it needs to sync first of course.

In your profile on the site, you can see your status.
image.png
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While listening you first build up activity points which at a certain level are transferred to your balance. This balance will be transferred to your wallet when it reaches about 0.1 BRO.

They give a warning NOT to use any online wallets

One should only use the downloadable wallet - otherwise, all BRO would be lost.
Actually, I could not find any online wallets for BRO.

image.png

I checked BRO on coingecko:
MARKET CAPITALIZATION $768,570
24 HOUR TRADING VOLUME $969.45
24H LOW / 24H HIGH $0.1206 / $0.3433

Now my questions for the crypto-experts here are:

  • Does it make sense to collect some BRO while listening to radio stations?
  • What can I do which the collected BRO?
  • Is there a possibility to exchange BRO for STEEM?
  • What is your idea about this project in general?
This post has a @steem-bounty - read more about @steem-bounty in the comments

Steem on!

All pictures are snapshots from bitrad.io

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No I did not heard about it. It takes times to study all these new projects !

wow.. i'm a music fan and this will get me some BRO while listening to music. cool!

(coin name sounds cool as well -- BRO!)

Can you cash out into fiat?

You did not read the post 'til the end, did you?

Now my questions for the crypto-experts here are:
Does it make sense to collect some BRO while listening to radio stations?
What can I do which the collected BRO?
Is there a possibility to exchange BRO for STEEM?
What is your idea about this project in general?

So right now you are unable to exchange it for anything? Can you even transfer it to someone else?

Oh, thank you very much for reminding me this wonderful service, @pundito! :)

I just installed the iOS app and seems to work really well! ;)


EB01767C-B1D8-4E46-8561-0469003F0705.png

I don't care too much about collecting BRO... listening music and news from all over the world for FREE, for me is enough!

I'll install the app to my daughter... she will be really happy! :)

A big hug from @amico

this coin is not currently traded on any exchanges from what i can see.

Eventually we will hear more about the development of this project. it looks to be in its infancy still and in need of more users to help it stress test and debug

Thanks for stopping by and your constructive comment!
You have the same idea about BRO as i have.
I'll just keep the wallet and fill it sometimes by listening.

The BRO is only obtained by listening the radio, which makes it impossible to create Ant-miner & others, thus allowing all users (and minors) to be on an equal footing. Useful post for me, as I have started listening radio after years, while my drive. Would like to give a try . Thanks for sharing.

Thanks for stopping by and giving your opinion about BRO @maverick984!

Hello @pundito you are learning something daily. I use samsung mobile which is android and you mentioned that wallet is available for Windows, Mac OS X, Debian 64 and ipad.i dont have laptop so do i have any chance to use it in my mobile?

Well, I think it's open source and if it is possible for iPad and iPhone it should be for Android, too.
Perhaps someone will compile an Android version in the future?

Does it make sense to collect some BRO while listening to radio stations?

I guess you have nothing to loose.

That is indeed true - except some GB on the hard disk for the wallet. But there is more than enough available.

Sh!t - my VP is down :(

84 % VP 25 minutes later isn't that bad. Thanks!

All post / comments below 3 cents are dust and could be better invested in a post that already has more than 3 cents ... because than it counts.
But all posts (or comments) under 3 cents just return into the system ...

No i had never heard of it before.

But i am so glad i saw this post from you :D

@pundito has set 1.000 STEEM bounty on this post! logo_for-light-bg_1000.png # What is a bounty exactly

A bounty is money sent to a post to be distributed to the users commenting on it. It provides a way to reward users directly and works in addition to the steem/sbd they receive from the blockchain. It works independently of SteemPower.

You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.

Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.

@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.

Read more about how it works, even in different languages here.

Congratulations to the following winner(s) of the bounty!

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