Brewer's coin

Initially the transactions will be stored on the blockchain. Every transaction will contain a type and amount of beer. Based on that we will determine who is allowed to review a beer. We want to attach these reviews to a certain type of beer, allowing the breweries to determine the quality of their beers and the demand of their customers.

Will prices of the beers be automatically adjusted to the market value of the token?
When Brewer's coin will be listed on exchanges, they will determine the current market value. We will adjust our prices according to the current market value of those exchanges. At this moment our smart contract is still in development, so it's not public yet. We will keep you informed via our newsletter, socials and Telegram channel.

What about taxes when exporting beer?
We are exclusively a blockchain platform and a sales channel allowing brewers to sell beer. We will inform our brewers on the platform to take this into account when determining their pricing. Transactions will be directly between the buyer and seller. The platform is only the facilitator.

We will inform our brewers via our magazine and newsletter about the international rules regarding excise duty and taxes on import and export of beer.

Why do I need ether on the platform?
Because Brewer's coin tokens are transferred using the Ethereum ecosystem, a small fee is charged for each transaction. This fee will go to the miner processing the transaction. You do not need a lot of ether, that is why we only include a small amount of ether in each order. You are free, however, to enter a custom amount without ether, if you already have enough ether on your address.

How do transactions and fees work?
Transactions on the blockchain need to be processed by other machines, also called miners. Each transaction will be added to a list, also called the buffer pool. Miners will pick transactions from this pool. After the transaction is processed and confirmed by other miners, the transaction is considered executed. Most miners will pick transactions with a higher fee first. If a transaction has a fee that is too low, chances are it will never be processed. Our system will calculate a fee for you, but it is possible to change this. The actual fee may be lower than the estimated fee.