BRTR as a measure of exchange value

Money is just a means. They will lead you to any goal, but they will not replace you at the helm.

Ayn Rand

The measure of value is a function for quantifying the value of goods in the form of the same quantities, comparable and equal.

Monetary relations are inextricably linked with the measure of value, which today is usually quantified in the national currency of the country. The measure of value allows you to accurately measure the cost of various goods and services in the local and global market, to determine how the goods are valued by the general equivalent.

The functions of the economy that the measure of value helps to fulfill are:

🔹 Evaluation of the value of goods through the pricing mechanism.

🔹 Calculation of labor costs for the production of goods in monetary terms.

🔹 Redistribution of a part of income in the country due to changes in the level of prices determined by the measure of value.

🔹 Effective service for the production of socially useful products.

🔹 Maintenance of economic relations between economic entities within the country and in the international market.

The cost measure also depends on the inflation rate. So, if a person with the amount A in 2005 could buy 8 liters of gasoline, then in 2018 — just a little less than 2.5 liters. Although nominally, nothing has changed — the person still has the amount A. The measure of value allows you to evaluate and compare the price indicator not only of different goods but also of one product in different periods to determine the rate of inflation and depreciation.

A new era has entered the modern economy — now decentralization is replacing centralization. Decentralized exchanges are being created, with the help of which digital assets can be created in order to trade and exchange without barriers and intermediaries.

BRTR token is a unit for Barter Smartplace, as well as a measure of the value of goods when they are placed as offers to trade and/or exchange them. Using the platform, you independently determine the price of your product or service. Nevertheless, the platform carefully monitors the sobriety of the declared value in order to prevent market manipulation. By owning a BRTR token, you have the opportunity to use all the benefits and functions of Barter Smartplace.

Application of BRTR on Smartplace:

🔸 BRTR as a unit of payment for tokenizing a real asset or creating a new NFT.

🔸 BRTR as a means of payment when placing ads on Smartplace.

🔸 BRTR as a unit of settlement for multilateral bartering on the platform.

Ayn Rand said: “Money is only a means. They will lead you to any goal, but they will not replace you at the helm.” By becoming a member and investor of the platform, you become competent in managing your funds without unnecessary actions and waste. The Barter Smartplace team always cares about their customers and improves themselves for your convenience.

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