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For those who don't know what I am talking about:

https://basicattentiontoken.org/index/

I'd like to see this take off, because well, screw Google, but at the same time, I don't see people using the crypto as Brave intends. Once they add the ability to withdraw BAT from your browser's built-in wallet I doubt many people will hold on to them. Plus, once the price value increases people probably won't earn enough in a quick enough time for them to care. At the moment, I am making about $1 a week using Brave Rewards. How long until that goes down to 10 cents or less a week?

However, I do see this as a crypto worth investing in.

Thoughts?

For those who don't know what I am talking about: https://basicattentiontoken.org/index/ I'd like to see this take off, because well, screw Google, but at the same time, I don't see people using the crypto as Brave intends. Once they add the ability to withdraw BAT from your browser's built-in wallet I doubt many people will hold on to them. Plus, once the price value increases people probably won't earn enough in a quick enough time for them to care. At the moment, I am making about $1 a week using Brave Rewards. How long until that goes down to 10 cents or less a week? However, I do see this as a crypto worth investing in. Thoughts?

(post is archived)

[–] • 1 pt

I heard Facebook was making a similar brave like coin. I think that will do some damage, if not overtake the brave coin in the future.

[–] • 1 pt

The biggest problem with using them right now is getting websites and creators to sign up so they can receive them.

I like how they give you free tokens to share with people whose content you like, but I don't think enough people know about it for it to really take off. Really like the idea though.

[–] • 0 pt

This website gives you a list of creators:

https://batgrowth.com/

They have a decent amount of people using the system

[–] • 0 pt

Worth investing in to what degree is the question? How much of an investor are you?

[–] • 1 pt

I believe people will see a 100-200% return on their money. How much you want to chance is up to that person.

[–] • 1 pt

Just looking at the graphs of it, if we are to believe that all (most) cryptos will jump back up towards original ATHs Brave certainly looks like it will at least get a 50% return in the minimum. I don't doubt the potential returns, what I do doubt is the survival of the company behind it that is Brave Software Inc.

It is another Silicon valley software tech company which was founded essentially 5 years ago and received an immediate 2.5 million from angels, in that time It has grown to upwards of 100 employees. Like many Silicon valley tech/software companies they often go defunct, are sold, integrated into a larger company, etc. Their survival is questionable as are all tech/software companies. For each one that makes it big there are thousands upon thousands which die in only a few years.

For that reason alone I will not invest any substantial amount of money into 'BAT' nor will I into any company coming out of Silicon Valley, it has been an investor trap zone since the 1990's. I have 0 reason to believe that as the company grows that the owners will not sell if given an offering which they will receive from the likes of Alphabet or associated competition once they grow to a certain size. The investors did not put tens of millions into Brave with the intention of keeping the browser alive but with the intention purely of making money as do pretty much any big time investor. The death or sale of Brave Software Inc is the essential death of the BAT.

That being said, I think it is not too unreasonable to expect the BAT and corp to survive at least another year and to get some gains on your BAT. What I do think would be a mistake is holding any kind of BAT for much longer than that. Considering there are a lot more stable alt-coins that have even greater potential returns. I would not invest a significant amount into BAT.

[–] • 1 pt

Thank you for your response, and something I have definitely pondered as well.

Time will tell