DD: Basic Attention Token (BAT)

May 20, 2021 32 Comments

I posted this as a reply to another thread, but it pains me to see Blinders new to crypto chasing animal coins or creating their own pump and dump schemes, or not knowing where to invest in market corrections. I've been in crypto since '16 and during the last bullrun did a TON of research on cryptos, settling on only a few. Some of those I researched turned into vaporware or never returned to ATH previously reached. Below is (not comprehensive) info on one of my favorite cryptos, Basic Attention Token (BAT). If you are willing to buy and hold for at least a couple of years, I believe you will be happy you did. DYOR and this is not investment advice.

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BAT (reddit.com/r/batproject)
- crypto underpinning the brave browser, part of an ecosystem that includes content creators (YouTube, etc), advertisers, and users
- rewards users for their attention
- capped supply (1.5 bn)
- growth of brave browser increases buying demand of token (25 million users, projecting 50 EOY)
- tied to privacy first browser so I can get behind the mission
- real company with legit team, founder created java script and mozilla (brave.com/careers)
- building their own search engine
- building a video/media aggregation engine (watch videos with no ads or allow 2-3 ads an hour and get paid in BAT)
- working on their own DEX
- roadmap includes simplified defi and wallet for the average person
- bat can already be used for transactions in video games/physical products
- you can use BAT you earn by browsing to reward content creators
- the team has been focused from day 1 on not getting in any sort of compliance issues, by not doing scammy pump tactics like Justin Sun (TRX), animal coins, Elon etc
- team is building fractional bat rewards/tips into browser, so even when it moons the ecosystem remains same
- one of the most stable coins in terms of price fluctuations (means it won't tank to 0 like shitcoins)
- more info here:
https://brave.com/bat-roadmap-2-0/

I've been accumulating BAT for years, and will continue to do so. It's around $.83 per token rn, the market cap of BAT is only 1.28 bn, rank 73. I and many others believe it will 40x, which would only put it at top 35 compared to some of the absolute shitcoins with wayyyy more supply being above it.

I only hold 4 coins: BTC, ETH, LTC, and BAT, and it would take a lot of convincing for me to get behind any other project.

Thanks for reading my blog post

#crypto #bat

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TOP 32 Comments
  • Uber
    Leet88

    Go to company page Uber

    Leet88
    Also - advertisers need to buy bat in order to advertise on brave browser, ad spend has been growing every month for the last year. Right now only large accounts are able to buy ads by working with an account manager. Soon they will allow for self serve ads. Self serve ads = millions of dollars in ad spend from dropshippers who want to differentiate or spend their crypto so they donโ€™t have to pay tax. BAT is a no brainer
    May 20, 2021 5
    • Uber
      Leet88

      Go to company page Uber

      Leet88
      Yah. Imo a dex and self serve ads will be the biggest catalyst for price movement. A dex would cause at least 30% of supply to be locked up due to people wanting swap fees. Self serve ads will be massive, any e commerce owner with a lot of crypto gains would be foolish not to covert some of their crypto into BAT to spend on ads to be able to avoid taxes (obviously illegal but itโ€™s crypto, people will go long lengths to avoid taxes)
      May 20, 2021
    • OP
      The crazy part is this is exactly one thing I'm considering doing. Taking my bat stack once it appreciates more and reinvesting into the platform to get traction on my startup. Very excited about this prospect.
      May 20, 2021
  • Amazon / Eng
    jobDilade

    Go to company page Amazon Eng

    PRE
    Tata Consultancy Services
    jobDilade
    Have been holding bat from 2018 it is still the same
    May 20, 2021 1
  • Brave is great even if you donโ€™t hold BAT. Might be worth it to hold just cause you get paid for simply browsing the web if you use Brave Rewards
    May 20, 2021 0
  • Amazon
    amzwont

    Go to company page Amazon

    amzwont
    I've got about $400 of BAT just from using brave. I setup automatic monthly donations to my own website.

    Not much but why not
    May 20, 2021 4
  • New
    jukes

    New

    jukes
    in crypto since 2016 and you are holding LTC ๐Ÿคฃ
    May 20, 2021 2
    • OP
      Yes I know. It's my least favorite. But high visibility, visa partnership, actually usable and quick versus how Eth and BTC can get clogged, "silver to bitcoin gold", name recognition etc. I only plan on holding till $1,000 or when ltc/btc ratio improves enough to move it over to BTC
      May 20, 2021
    • Lol, the jokes on you if youโ€™re laughing at LTC. @jukes
      May 20, 2021