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BREWLABS: What Can Biswap Teach Us About The Potential of BrewSwap?

Brewlabs holders are waiting anxiously for the catalyst that will drive the price of Brewlabs over the top – far beyond the all-time high of $0.0346. Recently, some have grown

impatient and sold their tokens, creating an appealing entry point for new buyers and Dollar Cost Averaging (DCA) opportunities for holders like me. I continually state that I’m not at all worried about price when it comes to Brewlabs.

It Helps To Know What’s Up

I was in the Brewlabs Community telegram when a long time holder popped in, saw the low token price and asked, “…what’s the agenda for the future of Brewlabs?” My response, “The agenda…WIN”. I imagine anyone watching the chart would be curious about the project’s health. In terms of crypto lifespan, Brewlabs is a project entering full adulthood, but the price is in the infancy stage. As a company, Brewlabs is rock solid. They are churning out revenue generating products at an unmatched pace. As a token, it is difficult to describe the use case beyond the required 3500 tokens and stablecoin needed to mint a Brewlabs NFT. There is no use case, no burn mechanism, no memes, and no hype. Holders are in a race against the treasury, aka BIBO, a contract that operates in a deflationary manner that lessens available supply over time, but unlike burn, the supply is accessible under certain conditions. Brewlabs holders simply need to hold and let the ecosystem and BIBO do its work – generate revenue and gobble up supply. The agenda for Brewlabs is to develop an ecosystem of superior products that makes this process happen quicker, thus elevating the token’s price.

Is There Anything Like Brewlabs?

Brewlabs is a few steps away from becoming a Decentralized Exchange (DEX), and if all remains on track, that will become reality during the month of September. I’ve been in this space a while, and where I once thought there was none comparable to the Brewlabs product line, I am learning that I may have been wrong. There are those that offer staking platforms, farming, swaps, airdrops, liquidity lockers, contract builds, charts, an NFT marketplace, NFT staking, etc. The list seems endless, but those products do exist outside of Brewlabs, and there are those who do it very well. What separates the Brewlabs ecosystem is how the revenue drives token buyback, and the introduction of the DEX will have Brewlabs primed to accelerate that buyback.

I recently started scoping out Biswap when they committed to sponsoring a round of Vulkania’s Crypto League. I checked out their website and found that they seem to have their [CENSORED] together. Biswap is a token…and a DEX that offers a few extra features, with the most interesting being the V3 release and introduction of their new Automated Market Maker (AMM). I won’t go into detail, but there’s some funky algorithm with math involved that reduces the impact of impermanent loss through automated trades. I just write. You can do your own research by checking out a number of blog posts on their V3 release and AMM feature.

Now, this isn’t an apples to apples comparison. Biswap has heavy Binance backing, tons of partners, a huge team, and a big head start as a DEX. For this write up, I want to explore potential volume, what we know about Brewlabs’ planned DEX features, and how that might impact token price. My math may get fuzzy, so don’t get lost in the numbers. For now, let’s do a side by side look at the two.

Brewlabs

Network(s): BSC, ETH, MATIC (Soon)

Max Supply: 1,000,000,000

Circulating: 1,000,000,000

Burned/Treasury: 89,320,534

Market Cap: $3,989,406

Token Price: $0.0040

Holders: 5,100

Main Products: Staking, Farming, Swap, Contract Builds, Airdrop Tool, Bridge

Highlights: Brewlabs plans to release its multinetwork swap and an updated version of the BrewCharts platform later this month. BrewSwap will include a limit order feature.

Biswap

Network(s): BSC

Max Supply: 700,000,000

Circulating: 461,716,225

Burned/Treasury: 44,507,114

Market Cap: $28,897,379

Token Price: $0.063

Holders: 152,351

Main Products: DEX, Farms, Staking, Liquidity Pools

Highlights: According to CoinGecko, Biswap ranks 63rd out of the Top 100 DEXs and currently has 92 tokens and 116 pairs. Total trade volume over $44B.

Takeaways

Brewlabs is entering a crowded field of Decentralized Exchanges, but their reputation and multinetwork approach should allow them to carve out some space. Binance support provided Biswap with solid footing on the development and research side. Although Brewlabs is cultivating a relationship with Binance, it likely won’t be at the same level. BrewCharts and BrewSwap are designed to be Brewlabs’ flagship releases for 2023, and with such high expectations, the team cannot afford to miss. Limit order features already exists on a few DEXs, so I am interested in seeing what innovative spin or efficiency twist Brewlabs will add. The crypto space is full of copycats, so in order to separate itself from those with more funding, I feel like Brewlabs has to come out of the gate strong. That’s a lot of pressure.

Some of Brewlabs’ current products are fee heavy, and there seems to always be someone willing to provide similar services for less. Brewlabs will need to find a sweet spot, and consider whether it is better to capture a lot of fees from a few clients or a few fees from a lot of clients. Of course, I favor the latter – build wide and drive depth. I think this strategy will help Brewlabs position itself for a future of mass crypto adoption.

Additionally, Brewlabs will need help. The team is small, but powerful. However, taking these flagship products to the next level and providing next level client and user support, will require a bigger team. This is another factor to watch over the next several months.

Price Predictions

I am no expert, and a ton of factors are at play – market sentiment, technology, fee structure, client acquisition and support, and marketing. This makes it difficult to predict where Brewlabs might go, but I can safely say an increase is in the future. Hell, we’re low enough already. Biswap is trading at seven times the market cap with less to offer, but a whole lot of big time support. The Brewlabs treasury contract (BIBO) will feast once the flagship products are released, but I don’t think holders should expect outlandish numbers. We’re still in a bear market. I remain bullish on Brewlabs. I can see a steady climb back above the $20M market cap range, and I’m being conservative. In a bull market, we may eclipse $0.10, and if Brewlabs can topple some of the Top 100 DEXs, well…that’s for another post.

You can learn more about Brewlabs and their upcoming releases by visiting their telegram channel.

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