BAT

Elean0rZ

Oops, you responded to the thread rather than to me, so I didn't see this until now. To your first question, fundamentally, the only thing that matters is whoever holds the private keys to the coins in question, but let's back up for a sec. If you purchased your coins/tokens by paying fiat currency (USD or whatever) on a typical regulated centralized exchange (CEX), you would have gone through KYC (know your customer) with the exchange, in which you would have shown ID. So when you do something from within your account on that exchange (e.g., buying/selling/trading), the exchange has records that associate those actions with your name. While your coins are "on" the exchange, what that really means is that they're held in wallets whose private keys are controlled by the exchange. In that respect it's no different from when you deposit your money in a conventional bank. In a literal sense, that money isn't yours; you don't possess it; you can't do anything with it unless you ask the bank to do it for you; and, worst case, if the bank goes under, you could theoretically lose it all. So when you trade on a CEX, just like when you, say, move funds from one account to another at the bank, they're all basically virtual transactions in which the CEX or bank just shifts assets that it possesses from one account to another, each of which is associated with a real live person in the bank's or CEX's records. Now think about what happens if you withdraw cold, hard cash from the bank. There's a record of the withdrawal, but once you have coins or bills in your hands, everything you do downstream of that is essentially anonymous, unless (say) the serial numbers of the bills were recorded or whatever. With crypto it's similar in that, just as your name isn't on the cash you withdrew from the bank, your name isn't on your crypto coins/tokens. As soon as you withdraw from the exchange to a wallet for which you control the private keys, your assets are no longer associated with a regulated address with recorded personal info. The address is just a string of letters and numbers, with no further identifying features. HOWEVER...the blockchain is, by definition, an immutable record of every transaction that has every occurred on that network. So if (say) Joe Smith starts with some assets at Address A at the exchange, which has his name associated with it, and then moves them to anonymous Address B, and then anonymous address C, or whatever, that chain of transactions will be visible for all to see (with the exception of a very small number of privacy-focussed blockchains like Monero, but that's a conversation for another day). At minimum, it will usually be possible to say that Address C interacted with Address B, which interacted with Joe Smith's Address A. So while addresses B and C are indeed anonymous, if someone really wanted to track things down, they could trace the transactions back to the exchange, and if that somebody was a regulatory body, they could then potentially subpoena identifying info from the exchange. Now, back to the original question, in a technical sense, as far as the blockchain is concerned, ownership is solely defined by who holds the private keys to the assets in question. If I have the private keys (= passphrase, more or less) to some coins, then I have the power to control those coins, and therefore they are "mine". Your coins are "yours" because they are associated with an address for which you control the private keys. Nothing more, and nothing less. Names are irrelevant. (The blessing and the curse of blockchain transactions is that they're irreversible, so if I send my coins to the wrong address or get scammed or whatever, there's usually no recourse. As soon as my coins are sent to an address for which someone other than me controls the keys, I have no technical ownership over them. Even if there were personal information affixed to them, there's no practical way to get them back if they end up in the wrong hands.) To your second question, the Ethereum network is just a platform. It (and all blockchains) can account for a practically unlimited number of addresses. When you asked "if Joe Smith sends his BAT to the Ethereum network, is it the same address that I'm sending my BAT to", that's about the same as asking "if Joe Smith sends his email to Gmail, is it the same address that I'm sending my email to". That is, the question doesn't actually make sense. Point one, you don't send your email TO the Gmail; you use Gmail to send email. Likewise, you don't send BAT or any other token TO the Ethereum network; you use the Ethereum network to send tokens, including BAT. Point two, Joe Smith presumably has his own address that's distinct from yours. Of course, if he knows you or wants to for any other reason, Joe Smith could send email to your email address, just like he could send BAT from his Ethereum address to yours. Let me know if this is helping or making it worse haha.

todamoonralph

Thanks for responding! When I buy coins, are those coins somehow affixed with information that identifies them as mine? Since I sent BAT and Etherium to same address, is that my wallets address or is it the Etherium network address? .. if Joe Smith sends his BAT to the Etherium network, is it the same address I'm sending my BAT too?

Elean0rZ

I can't speak about Tangem specifically, so this is more general. As a general concept, you should understand that no crypto asset is ever "on" or "in" ANY wallet. Your assets are always just a bunch of digital 1's and 0's on the big, shared ledger we call the blockchain. Wallets are simply graphical interfaces that allow you to interact with your specific 1's and 0's via something called your private keys, which are essentially your unique passphrase. A wallet's job is to hold your private keys and make it easier for you to interact with your assets. (The difference between software and hardware wallets is simply in the degree and nature of the security with which they do so.) Think of it as something like webmail (perhaps you have a Gmail or Hotmail account). Your actual emails are floating around on various servers somewhere out there in the digital wilderness. You access your specific emails via a passphrase, and to do this you need an interface like a web browser (Chrome, Edge, Firefox, Safari, whatever). Your emails aren't "on" or "in" Chrome, even though you see use Chrome to see them. Anyway, when you "send" a crypto asset, the shared ledger simply records that those particular 1's and 0's are now associated with **that** address (and therefore its private keys) rather than **this** address (and *its* private keys). More specifically to your question, ETH is, of course, Ether, and runs on the Ethereum network (blockchain) as you would expect. What you may be missing is that BAT, short for Basic Attention **Token** is an Ethereum ERC-20 token. Oversimplifying, that means that it is code that's built and runs on the Ethereum network (hosting tokens like this is one of Ethereum's core functions). In other words, both ETH and BAT are Ethereum-based assets, so they are both associated with Ethereum addresses. The reason your ETH and BAT can live happily together in the same wallet is that they're members of the same family, so to speak. It's like saying, this person lives in this house, but that person's kids *also* live under the same roof. They're related. Not sure if that helps!

PreventableMan

>What are the barriers to using crypto in this way today? The real world merchants with huge turnover does not offer this & your second point of "this will only go up, always hold" is hurting crypto so much. Remember BAT? Well, everyone held instead of putting it back to the community. I would argue that one of the main reasons for BAT's semi.disappearance is that we never used it. The community destroyed it.

IsaacNewton1643

Basic attention token. Assuming Brave isn't dead by then. But considering how well they've been doing. Pivoting to include AI in the browser, — in a private and secure manner. Acquiring a search engine and then upgrading continuing to upgrade it significantly. Brave talk, Brave VPN etc. They have a decent suite of products and keep expanding. Also the guy who made it, and a significant portion of the team were from Mozilla, The CEO/co-founder was a former CEO of Mozilla, he also created Java script. I guess what I'm saying is they have a good team with a proven track record and after 7 years still have not abandoned BAT. They also have added a wallet to the browser(not an extension, built from the ground up) soon theyre adding rewards going straight to Solana wallets, I believe with no kyc, but am not 100% certain, about 95%. Soon a significant portion of BAT will be bridging over to solana to pay out rewards that way. By this i guess im saying they are chain agnostic. They've stated it multiple times. BAT can be anywhere. They don't want BAT to be just for Brave too, although that may be hard to get others to use it for attention related things. But it has been used extensively in Defi. So anywaym 7 years, already. Its I think the 12th most distributed on chain token on ethereum? Or it was a few months ago, my numbers may be off. And who knows how many are in exchange wallets — because that's the main way rewards have been paid out. Im really excited to see what happens once a significant barrier to rewards(rewards needing to go to exchanges) is removed and the rewards can go straight to Solana wallets. I expect many people may give Brave/BAT a second look then, but I guess thats another discussion.

biba8163

What most people don't **know** is **they are holding a shitcoin.** So many people got defensive saying their favorite project was not a shitcoin in the past... - IOTA is not a shitcoin. Look at the partnership with Bosch, Volkswagon, they are advisors to the EU digital currency initiative, etc. - EOS is not a shitcoin. It scales. Billions has been invested in it. A decentralized Uber and Social Media platform is being built on it. - Enigma is not s shitcoin. These are the brightest minds coming out of MIT - BAT is not a shitcoin. Brendan Eich is a genius and the creator of Javascript? Why would a genius be involved in a money grab shitcoin? ...and in a few years are going to come to a realization that projects like Algorand, Turning winner or not, are just another moneygrab shitcoin like the rest.

AdamFitri2005

Just found out Microsoft gives out points for prizes to people who use bing, why not they do something like BAT 🫣

biba8163

> I find it highly doubtful these folks only heard of BTC. If you open the Robinhood app, there are plenty of other non-BTC assets. If you watch CNBC, they regularly print other major capos along side BTC. Besides Bitcoin, Grayscale has provided access to lots of other cryptos as well. Besides Bitcoin and Ethereum, there is almost zero interest from institutional and traditional finance for anything else. Institutional and traditional finance are not going to buy shitcoins and scams and make the numbers go up. So many shitcoins celebrated Grayscale making their shitcoin available as an investment over the years but nobody really bought it. - ETH $10 Billion - Large Cap Fund $600 Million - Bitcoin Cash $170 Million - Litecoin $146 Million - Solana $73 Million - ZCash $10 Million - XLM $11 Million - BAT $3 Million

biba8163

If you look at the Grayscale Trust's different crypto Assets Under Management, besides Bitcoin there is almost zero interest from institutional and traditional finance for anything other Ethereum. - ETH $10 Billion - Large Cap Fund $600 Million - Bitcoin Cash $170 Million - Litecoin $146 Million - Solana $73 Million - ZCash $10 Million - XLM $11 Million - BAT $3 Million

IamKingBeagle

We all seem to be jumping to conclusions mat pretty hard on this. They moved usdc. We have no idea what they intend to buy. Could be BAT for all we know...quick, everyone load up on BAT! Someone make a post about it.

IamKingBeagle

We all seem to be jumping to conclusions mat pretty hard on this. They moved usdc. We have no idea what they intend to buy. Could be BAT for all we know...quick, everyone load up on BAT! Someone make a post about it.

lukekibs

Setting up some crypto bag goals to grind for in the coming years: 10k DOT staked 10k MOONs 10k DIMO mined 1k BAT mined 100 million BONK (possibly even more depending on the price action. 1B coins would be cool) 1k MATIC just from cashback rewards basically and a small initial purchase 1k Pi mined (just for shits and giggles) Let me know what I’m missing

r66yprometheus

They sure are making it hard to collect your BAT now.

crappysignal

I've been using Brave for a couple of years. Couldn't be bothered syncing up the BAT for the reasons you mentioned. The fact that the browser is the best I've found and the BAT is a bonus is really bullish though.

r66yprometheus

Brave Browsers utility coin, Basic Attention Token (BAT) for having ads activated, saving those up until the BAT/BTC makes it worth while.

IsaacNewton1643

They started a whitelist first for rolling out direct to Solana wallets. They're basically doing it first with people who are in the BAT/Brave community to see if there are any kinks before they do the full rollout. So they should have it up and running soon. I've seen tons of people.complain about problems with the exchanges and linking rewards etc. Not liking dealing with uphold, etc. Problems of people in whole countries getting kicked off because of their exchanges were afraid of regulations or whatever. So I think there is a very large group of potential users who have been unable to use BAT due to friction. And I'm hoping all of that disappears very very soon. It may cause a sudden change in the perception of BAT. Also since it's opening up the potential for easier reward payouts they may have an easier time implementing it with things like the search engine. Which once people realize... millions of users using BAT and its tied to a search engine etc.

livluvsmil

That’s cool. At least it’s tied to something actually being used. I tried to get BAT so many times and I’d connect it to one of the exchanges and then a month or two later I tried to access it and it’s like it was as never connected and I had to start all over on Brave again setting it up. Finally gave up on it.

IsaacNewton1643

Basic Attention Token A lot of things have been changing over the past few years. Brave acquired a search engine and great it to over 800 million queries per month. Thr browser itself has ~70m active monthly users ~26m daily. They got rid of the old vBAT system, which was basically Braves private ledger to help them keep track and pay out rewards. But it was off chain. Users had to KYC with a 3rd party exchange and have their rewards sent there if they actually wanted to have posession of their BAT. This was a huge hurdle for most users. Probably turned away a significant amount of users. No one wants to KYC and send their crypto they earn through an exchange. But they said it was basically their only option at the time due to limitations of ethereums and millions of small transactions. Anyway they are getting rid of KYC and are sending rewards directly to solana wallets now. It sounds small but I think it's huge. A lot of people got of the BAT rewards system, or were turned off to it because of KYC and linking an exchange. This could bring in a huge influx of users. That's basically most of it. They are marketed as a privacy/security browser. Which sounds ideal for crypto. The userbase has been growing. All of thr BAT is in circulation. Theyre also have added an AI assistant to the browser, with premium options, image generation is coming soon. Will have an option to pay with BAT. They haven't added BAT rewards to search yet which could be big. Anyway dont feel like typing more. Am kind of busy. Feel free to ask questions if i wasn't clear or if you want to know more. Now I dont think it will be the next 100x, but I do think big things will happen eventually. Its at an all time low in SATs and Brave is about to greatly increase access to the token.

ResponsibleTooth8291

BAT🤣 Nah the preferred shit coin is cum rocket

Brent_Forrest

Convert it all to BAT

gastro_psychic

BAT - most users + European Union changes will bring in more users because now users in the EU will be prompted to select a browser.

smellybarbiefeet

Lets be real for a moment. Most people earned their moons from circlejerking about the tech and shit posting. There wasn’t anything special about this project that hasn’t been done before. BAT has been doing this for years, if we’re actually being honest.

smallinvests

They are teamed up with brave broswer too. I fact brave pays you with BAT tokens for the adds you watch. I've converted the bat to bitcoin and im up 400$ just from add money ive earned using brave to watch my YouTube vids.

Psykotixx

EOS, IOTA, etc. were gunna change the world. BAT was gunna change the world of advertising. GOLEM is going to allow you to rent computing power this will change everything! Ooops it failed. Relaunch, okay no one cares anymore... RNDR You can rent computing power! But with AI AI AI AI (How many times do we have to say AI on this earnings call again boss?)

AnimeYou

tbf, i did a lookback on the coins i bought in 2018... like all of them died? Even the ones that weren't actaully scams... but htey just died anyway. Ethereum is really the only one that kept on... and htere are a few others, like ADA... BAT....

IsaacNewton1643

Thanks. The main thing that got me into it was I liked the browser. Then I realized there was a token. They recently started getting rid of KYC and have a built in wallet and their own search engine. They've said they're committed to implementing BAT more , they're just a little slow. I'm hoping eventually with the user base ~70m monthly browser users and around 900 million queries per month on their search engine that eventually it will take off.

C-Dawg420

I’ve never used the browser but personally I’d never buy BAT. I think there are much more promising projects out there

RunWithWhales

BAT - no product market fit yet, apparently.

Badrush

My advice, don't buy any utility coin. They always over hype and under deliver and without adoption no one wants the coin... BAT, ADA, BCH are just some examples.

DagothBrrr

>the issue its they pay people who enroll in said coin, so whay people do as soon as they get it its sell it. Is this the same problem BAT had? I was always confused as to why a coin that almost had applicable monetary value never really took off.

Xinny89

Unless i read coinglass wrong Grayscale has been loading up on BAT, why?

Azbroker28

Not sure why BAT has so much hate. Probably just the people in countries that don't get high payouts or advertisements.

lukekibs

I think it’d be cool to see BAT trade at $10/double digits sometime in my life

p4ttl1992

>ANKR: $50 LINK: $35 PNG: $35 BAT: $35 BTC: $35 AAVE: $30 LRC: $25 XLM: $25 LTC: $25 I would consolidate all of this into something that's AI related

ThomasDarbyDesigns

Get rid of XML, LTC, LRC, BAT, PNG, ANKR and move them all into something better. I would suggest SOL, ETH, BTC, LINK. I think you will see the ones I mentioned fly high sometime from this April to fall of 2025. The others are kinda meh and some really haven’t done that well or have crap utility. That’s my opinion anyway and I’ve been in crypto since 2017.

piggleii

BAT? Come on, man. Why not BURGER? 🙄

OriginalGobsta

https://brave.com/transparency/ Solid project with 67 million active users and BAT is still way below ATH

OriginalGobsta

BAT is way below its high from last cycle, and Brave browser has gained millions more users in that time.

OriginalGobsta

BAT

RunWithWhales

It has to be DOGE. I think BAT for tipping would be much more useful but doubt Elon would add any features that wouldn't be under control of Twitter.

Bks1981

BAT. The brave browser works great and a lot of people have been using it for a while now.

whatislife5522

You can buy on most CEX for no commission. It launched on all top exchanges, has good potential as it’s an omni chain blockchain and has huge backing, coinbase and BAT project launched it.

OriginalGobsta

BAT to the moon!

OriginalGobsta

Great to see BAT moving again. It could go mental this bull run now that self serve ads are live, and is currently miles away from last ATH.

joinedredditforyou3

I did notice this, BAT moved like 11% but is still at the same market cap Rank

TheOtherAngle2

Finally seeing some BAT action!

chuloreddit

I am looking forward to my $20 of BAT to be returned

Alienosaur

Shocked nobody is talking about BAT.

OriginalGobsta

BAT

appleman73

What happened with gemini? I used to send me BAT rewards there (it was supposed to earn some interest as well) but some time ago is stopped working and when I finally logged on to check it says it's been auto selling this whole time.

ZonkyZebra

Just playing the game if I get lucky and put my BAT into something way cheaper with the hopes for gains in a couple years.

ZonkyZebra

Yes I have a mostly eth, with ada,IMX,fetch, and matic, and etf for my Bitcoin. I just started using brave browser a bit ago and figured why not take a longshot on some really cheap crypto and see what happens because I don't see BAT skyrocketing in value.

ZonkyZebra

Curious what peoples favorite single cent Alts are? Crypto going for a a few cents or less been using brave browser and was going to convert my BAT to some longshot since BAT is only like .26 cents a piece.

GMEthLoopring

I know nothing about it, but smells kinda like substratum or BAT

grndslm

You can get Satoshis for listening to an hour of podcasts a day with Fountain... altho, I haven't actually been able to get a reward from listening for quite a while.  Seems like I'm the only one with this issue?? You can also just use the Brave browser and get BAT distributed to your account once a month.  Not exactly passive enough that you can just leave it alone, but passive enough that you can swipe away ads while you do what you normally do.

Captain_Queequeg

BAT :(

CryptoBasicBrent

I was out before I can expand on this: We always had these random scam projects offers us tons of money and we always declined. We would just send them a canned response for no. Hilariously some of them we'd just shit on them right on the show. Bit Boy started this private chat with other crypto content creators and everyone was supposed to prop everyone else up, they nominated us for podcast of the year or whatever they I VERY quickly found out he was a moron too. Some things we did take money for: I remember taking money from one called Ember Fund. It wasn't much. We had a package that we'd send out to offer projects to have us do a 101 on their coin. A couple of them paid us. One was called Wanchain I think, and they were Chinese and asked us to edit things out of the episode and we declined. Some projects we did on our own and then tried to reach out to team members and that was fun. Then we were sometimes "tipped" after. That happened with BAT and ZEN. Loved both of those projects and still hold coins from both.

Azbroker28

Brave browser has tens of millions of daily users and has BAT as it's native ad token. If they could just get rid of the need for KYC and the crappy exchanges used id imagine use would increase even more.

bNoaht

Not really dude. I started my own personal etf of alts in 2017 and all these "awesome projects" with great white papers and ideas are busto now. I think of the 60 or so projects I invested in. 2 are still around and barely up. My total loss was 90% or more. MANA is still around and BAT. A few are kicking around and alive down 99% from initial. But honestly dude. It's not better than roulette. Trust me

Ultra918

Brave Bowser didn't work for me anymore. In my country it's not anymore available it says. -.-. I farmed Around 2 years BAT and they disappeared

biggs54

There are better free incentives. Maybe they’ll be better in the next bull market, because their credit card was pretty awesome. Brave browser will give you BAT for having a couple of pop-ups every hour that you’re active on their browser. It’s completely passive. There’s also Shakepay, which gives you BTC (up to 1000 sats per day based on your streak) for opening their app and shaking your phone.

Ultra918

If I open brave I get an message that I can't earn BAT anymore in m area :(. Than it's probably not while EU. I live in Germany

skyvin

That is strange, I still receive BAT in my Uphold account in EU.

skyvin

If you are living in a third world country it might buy you something useful but otherwise not worth your time, for example I made €44 in Bitcoin after 2 years of using Brave Browser (converted their BAT to BTC) live in Europe so can use that to pay a small bill maybe.

badondesaurus

good point, i was hoping for the best. I have been using brave on my phone for years, great for adless experience, but the it doesn't collect any BAT at all

HarrisonGreen

BAT sucks. Brave requires KYC to earn BAT, and even then, it is not allowed in many countries.

allstater2007

Man what happened to BAT?! Such a promising project that hasn’t done anything in the past 6yrs. Seems like it’s left for dead like Tron and Verge

tsurutatdk

They can sell when they've made a profit since memecoins are often pump and dump. They can then invest the profits into altcoins with utilities like DUA, BAT, and BLXM. Finding the next Doge and SHIB is challenging.

tsurutatdk

Haha, that makes sense though. I expect to see a full market recovery before the BTC halving. Hoping my other altcoins, including XTP, BAT, and SAND in my Tap wallet, will also follow the trend, making all holders of these gems happy.

Sdlo90

ETH, ADA & MATIC are my safe ones CRO and ZIL are my mid risk ones VET, BAT and TEL are my wildcards

tsurutatdk

Why limit to just 3 altcoins? I believe many altcoins will go parabolic this bullrun season. Consider adding those solid altcoins listed on Tap Fintech, including LRC, BAT, XTP, MATIC, and many more.

ZucchiniDull5426

I think 150 area is here OG shitcoin level starts. You have the class of 2010’s decade IOTX, ZIL, BAT, ZEC, XEM in a tight group. Then Decred which has better tech than Bitcoin #200 and Korean ETH killer #219 soon to be passed by Solana’s ‘Dog with hat’. Then pass some more OG names and near the 300’s is when it gets really depressing with Nano, Polymath, and Digibyte about to be fallen off the default CoinGecko 300 list.

One-Text-4647

Just loaded up some more XLM and BAT for the bull. Alt coin season

UDP7

Damn, you brought me back a couple of years. Still have BAT but sold the others a couple years ago.

bitcoinmonkey_org

What would you do if you are still holding ENJ, BAT and CHZ? Do you think it's worth holding a bit more? Any chance those projects will be back to their golden age? Holding since 2019, so I am still in the green but I missed selling during their ATH.

ImmediateShape4204

Are you kidding? If that is true I AM ALL IN this the BAT SIGNAL

at_least_ill_learn

Brave isn't dead as a browser, it's still quite good for blocking ads and such and I use it as my default now, but $BAT may as well be dead as a project/token. Really, all they had to do to make it successful was allow people to withdraw the placeholder VBAT to a defi wallet, or even the built-in Brave wallet, but they got spooked by regulations and never did it, trying to force people to use Gemini or Uphold. This was especially dumb as one of the selling points of the browser was privacy, but they were trying to enforce something that was basically the opposite of that.

aguitarwar

Honestly, I've been losing faith in BAT, but I'm still holding a bag of it. Definitely happy to see the volume spiking a bit.

IndependenceNo2060

ETF approval hype can't derail our cautious optimism! BAT and NEAR look promising, let's stay vigilant and keep coin trades private to avoid falling prey to scammers!

Azbroker28

BAT attracting some large volume... Accumulation of some sort?

TheOtherAngle2

BAT. Been hodling it for years, 2024 is its year. So much value here. Brave actually has a solid user base and the coin has a real purpose. Brave has its own chatgpt LLM. I think BAT will be strong this year.

I_like_salads

Well they cleverly disguise it under "we need KYC" excuse. They rarely do any buy backs and zero focus on BAT. Basically now they are keeping most of the money they make from ads like any other company.

Perfect_Ability_1190

Didn’t know BAT took a dump.

TheSausageKing

Is BAT getting traction? I used and love Brave but it feels like the team has focused more on the browser and doesn’t care much about the original grand plans for BAT.

Azbroker28

Call me crazy, but BAT.

bilgez

BAT. Solid project with 65M user base. Team keep developing Brave Browser with new features, which is the main product. BAT offers great potential for real life use.

shakingspheres

I bought a fuckload of BAT and LTC instead of SOL during the bear market. AMA, I can take the abuse.

shakingspheres

I want to rebalance my portfolio cause I bought grandpa and dinosaur projects during the bear market, but I think it's too early. Wanted to get some ROSE, Matic, Atom, Dimo, Audius. Thoughts? Ordered by size of bag followed by gains: BTC -> +100% Doge -> breakeven BAT -> breakeven DOT -> +50% SOL -> +420% (was smaller bag than Algo) LTC -> +67% Algo -> -33% XTZ -> -18% Sandbox -> +4% XLM -> +7% Uniswap -> breakeven Blur -> breakeven Sushiswap-> +50%

Aerocryptic

Yes but there’s no real demand outside of this mechanism. Also i wonder where the company gets its cash from if they convert the ad revenue in BAT. They must sell their own coins at some point too. Anyway as a user i’m not gonna speculate on this coin 😆

DBRiMatt

Although I sure as hell wouldn't buy any, it's a pretty neat token in theory. Fixed supply. I believe the process is; * Advertisers pay BRAVE browser in FIAT to run adverts. * BRAVE browser buys back BAT tokens on the market with said FIAT. * Brave browser redistributes BAT to Brave users * Ongoing cycle. Of course, in a bear market, less advertisers, less users, less cost to advertise, BAT token drops in value. But as companies want to spend more money on advertising again, BAT token should increase in value again. I full expect it to return to $1 when peak bull run takes off. That said, over about 3 years, i've collected just 250 BAT... even at $1 its nothing significant, but, for using the Browser I would already use, I'm not gonna say no.

Azbroker28

Surprising even seeing discussion about BAT in the daily thread. I've been a Brave user for years and love it, and think the concept of BAT is great. The execution leaves something to be desired though. Some of it on the brave team, but other issues are a fault not to their own. Disheartening seeing shit like SHIB in the market cap position it is where BAT below top 100 and continuing to fall and underperform.

LargeSnorlax

> That said if you're using Brave it's not like you're going to see ads otherwise so it's a good way for everyone to win. This is the fundamental problem with BAT - Even if you turn on Ads, which in theory is the entire purpose of BAT (Advertisers pay money to serve ads to customers, who are rewarded in turn for this), the model fails entirely because the ads never have to be viewed. No clicks for advertiser, no revenue for advertiser, advertiser doesn't spend money, consumer doesn't spend money, entire model falls apart. > Sure but I mean it took me like 5 mins to do that and now it just gets auto deposited to Uphold every month. Problem is you have to *do* it. It's not seamless. It's not web3. It's not anonymous. > I've got around 60 BATs in the last few months even with some auto-contributes on Ok, so what I did with Brave browser is I ran my trial on it when it first came out, and measured how much of my time it took up vs what I got out of it. How many times do I have to swipe away an ad vs how many BAT. Easy to measure. I would spend at least an hour of my month swiping away ads and interrupting my personal time. Does that "free crypto" add up to the interruption of my personal time and irritation for swiping away ads? Absolutely not. So it's not worth doing. Everything has a price, in this case you're putting a price on your leisure time. > From the data I could find right now Brave has around 9 million users that opt into the ads on the browser. And even despite the weird way of showing ads they still have pretty impressive metrics on the use case side of things. This is good but they literally have the power to set up a system that gets 100% CTR. They just choose not to and devalue the token as a result. I think what you've written is perfectly fine honestly. I just don't think they've set up their earnings or advertising model properly, which is a real shame since the starting point is so good.

capdoesit

>Not having to click ads to earn BAT is bad for advertisers. Sort of agree on this one since the notifications are pretty easy to swipe away without a second thought.. Considering you get rewarded I do think there's space to improve the nature of the advertising. That said if you're using Brave it's not like you're going to see ads otherwise so it's a good way for everyone to win. >You have to link and KYC to withdraw any BAT. Sure but I mean it took me like 5 mins to do that and now it just gets auto deposited to Uphold every month. I've got around 60 BATs in the last few months even with some auto-contributes on.. and honestly I feel that ultimately the BAT team's intention with the rewards earned through browsing are ultimately to use to tip your favorite creators and to try to use within the ecosystem. Like it's cool that I got a few bucks for browsing the internet but even if you could deposit it straight into USD I think it serves a much better purpose functioning within that ecosystem. >The browser is one of the best for out of the box mobile browsers with an adblock, there just isn't any need for BAT Isn't the first sentence the exact reason that something like BAT should exist? If you're using Brave that means you're not seeing google/aws advertising. It makes sense to try to build an online advertising platform on Brave (though again I do agree that it is way too easy to completely ignore the ad and move on with your day). >If they actually displayed relevant ads Bigger problem here is that they need to attract more diverse advertisers in order to display more relevant ads. I'm hoping the team has some kind of internal plan to achieve that goal (they did a great campaign a couple of years ago on Youtube ironically that's how I first found out about it). From the data I could find right now Brave has around 9 million users that opt into the ads on the browser. And even despite the weird way of showing ads they still have pretty impressive metrics on the [use case side of things](https://brave.com/brave-ads-use-cases/). It is by no means a perfect project right now and for sure there's things to improve on but I don't think anything I've written here is unrealistic or outlandish. After all digital advertising overall is projected to get to $1 tn annually by around 2027 - BAT doesn't need to dominate the market or even close to make a splash

LargeSnorlax

Same thing like every time BAT is mentioned. Browser is great, BAT is unnecessary. Geolocation for ads is bad. Not having to click ads to earn BAT is bad for advertisers. You have to link and KYC to withdraw any BAT. The browser is one of the best for out of the box mobile browsers with an adblock, there just isn't any need for BAT and the advertising system is both misguided and improperly modeled. If they actually displayed relevant ads and made you view the ad for BAT instead of swiping a popup away, advertisers would get bang for their buck ,sers would get relevant products that they might actually want to use, and BAT would benefit as a result. Since none of that happens, there's no reason to ever hold the token or acquire it.

capdoesit

it's crazy to me that BAT is still hovering around a $350 million or so market cap. the team has really gone a long way in fixing some of the issues plaguing the rewards system over the bear market.. clear use case plus 65 million monthly active users on the brave browser. i mean whatever imma keep stacking at the very least it is absurd that this coin is far out of the top 100 now..

-End-

Does anyone else not see the only reason for this post is to name drop his coins. On another note I hold BTC ETH XMR VET MOON and I have a bag of old 2017 coins ARK NEO XRB XLM BAT and more but I’m tired and the joke is already stale.

bilgez

BAT. Privacy browser that lets you earn crypto currency by showing you ads (optional). 60+ million users already, and I don’t know any other crypto project with this kind of user base.

Draker-X

That's for each individual to decide. I've been in this space for 4 years now and the only money I have lost to a scam is having a couple hundred bucks worth of BAT stuck in Gemini Earn. Hopefully I'll get at least some of it back. If not, I'm still way ahead of the game.

brooklynite1

Well BTC is overpriced compared to alts and at record high against Nasdaq. I would shy from BTC and stick to quality alts. I currently have only one altcoin called BAT but you can pick whichever you like.

IndependenceNo2060

Loving these tips! Had no idea about BAT rewards. Thanks!