BAT - Basic Attention Token

[Malloy]

Website: https://basicattentiontoken.org/
CoinMarketCap: https://coinmarketcap.com/assets/basic-attention-token/#markets
Status: Released
Asset: Ethereum

Buffett rules 

1-One that we can understand or Is this crypto cryptic or explainable to the avg Joe?
The token can be used to obtain a variety of advertising and attention-based services on the Brave (browser) platform

2-With favorable long-term prospects or Just a pumped well orchestrated scheme?
The team just build a new browser (Brave) that has been released and plan to integrate the BAT token in the next year.

3-Operated by honest and competent people or Can we know their names and see their face (at least)?
Big team with huge resume: Created JavaScript and co-founded Mozilla & Firefox, Security & Privacy Engineering at Yahoo/Tor, Co-founded Kerf Software. Machine Learning, etc.

4-Available at a very attractive price or Is it too late already?
At 0.26 USD now, has been out since early June with hi/lo 0.32/0.075 USD. Volume has been increasing in the past days.
 

Disclaimer:
In, Thinking

Edited August 17, 2017 by Malloy

[Mercury]

I think you need to add the option 'too early to tell' to the polls.

Tokens like these built on another platform are being released in anticipation of future platform releases. This is for advertising on the Brave platform. Interesting concept, but there is not enough users, advertisers or even content on the platform for this to be worth anything--- yet.

Assets like this requires a dependency on other technology or developments to be made, it is odd to have something 'before its time' to be intentionally released too early on purpose, a symptom of the tech eccentric thinking about grabbing pre-market share I think and not necessarily sound business development. If you build it and they will come can pay off big, but most often falls flat.

[Malloy]

1 minute ago, Mercury said:

I think you need to add the option 'too early to tell' to the polls.

"too early to tell" would be neutral, unless you feel there's a hype (bullish) or fud (bearish) on the coming of this new coin.

It's like those marketing form where you want to say I don't really know this product but they still ask if you like or not the product just to get a feel of what you think ...that's why I called it the Sentiment Table...to get a general feeling...

Back to BAT, if you think it's way too early, you might answer neutral or bearish in short term, neutral mid term and if you think it could be good eventually, bullish long term.

[Malloy]

From "10 Top Cryptocurrency Investors Share Their Favorite Long Term Picks"

Quote

BASIC ATTENTION TOKEN (BAT) — The free and open internet as we know it runs on advertisements, and yet adblockers are seeing increasing adoption among internet users. BAT seeks to solve this problem by creating a mutually beneficial common ground between advertisers and users, centered around their internet browser, Brave

 

http://www.huffingtonpost.com/entry/10-top-cryptocurrency-investors-share-their-favorite_us_599bb27de4b0521e90cfb4e9

[MundoXRP]

I'm still not sold on this token. If interledger does what it was designed to do we shouldn't have a problem with every browser having it's own token, but unless this particular browser becomes used like its competitors (chrome, explorer).. Will we see  huge demand for it? This question has nothing to do with price since things in crypto don't have to have a real use case to be worth trillions of dollars.. haha

[Mercury]

I am with @MundoXRP. I like the idea, but at this stage it seems more Brave paying potential users to adopt them, but they need enough adopters to raise enough to fund the BAT... Besides crypto and some privacy concerned users they are up against apathy and Google. A lethal combo 

[Malloy]

changed my short term to neutral...too much going on elsewhere and not enough hype/news right now...I still believe they have a very strong product, but like you say, they are going against big players.

[rippleric]

ha it will probably get pumped from time to time, yeah if their browser is a success then BAT will probably get some value out of that...

[Malloy]

The value is not now, but a real potential IMO. If so, the price is quite attractive at this level...but again, so much competition right now for the crypto-investors.

[Malloy]

Interesting use of their platform https://bravenewcoin.com/

 

[Malloy]

*Same here

All ETH assets in trouble now with China news...I change my vote to short time bearish...they need to convert their token to their own currency asap...if so, I still believe it's a good project.

[Trisky]

On 26-8-2017 at 3:42 AM, Mercury said:

it seems more Brave paying potential users to adopt them, but they need enough adopters to raise enough to fund the BAT... Besides crypto and some privacy concerned users they are up against apathy and Google. A lethal combo 

 

What if BAT is also used with?:

Quote

 

Other browsers: One obvious use case for the token is for it to be used inside other browsers. This means that the BAT ecosystem will extend out to anyone using any of the current popular browsers.

Telegram bot: In messaging apps like Telegram, we foresee the possibility of users being paid in BAT to view one ad.

WeChat official account: WeChat has become a robust system of bots, payments, and other solutions. We foresee the creation of different WeChat solutions integrating the the token.

Token and Status: The BAT also has attention-based applicability inside the Ethereum-based messaging/payment platforms such as Coinbase’s new Token app and Status app.

 

 

And there are more digital advertisement opportunities out there (other android apps etc.). This is a huge business world wide with a lot of middle man and now there is a specialized coin within this domain. And of course an impressive team, able to deliver to back it up. Certainly bullish long term.