Bitcoin Forum

Hi all, today I read something about the token Bat (Basic attention token) for the first time. The thing that struck me was that creator of BAT is Brendan Eich, the founder of Java and Mozilla! Why with such an important project I don't find any information here? Maybe is it a fake? Because it sounds me really interesting..
Thank you

My friend turned me onto this. I read the white paper and it seems like a cool idea.

I bought some because I think it's a solid plan, but I do have some reservations. From what I can gather, it seems like the token hinges on the idea that people also adopt the brave browser, which I have not checked out yet, though it's on my list of things to do. I like the idea of being awarded token based on the advertising content you view, but I'm not 100% clear on the amount you are actually awarded, one per ad? 100? I can't seem to find an answer to that, so if anyone knows please tell me.

All in all I like the idea.

I think the main thing going for BAT right now is all the hype around the mozilla and javascript founder. I have used the brave browser and it's pretty good. It doesn't have much mention to BAT in the browser, they are separate things working together and currently BAT is still a work in progress and not being used in the browser yet. From what I see it needs major advertisers to get on board and pay for the BAT, then you can get rewards for giving your attention to certain ads. There is a function in the browser to upload money to support advertisers you like, who would do this I don't know. Seems once the BAT is being used in the browser it could go places but might not be until next year. And the brave browser is so good I'm sure it could get mass usage without the attion of BAT.

Agreed!  I think Brave is a good browser but I'm surprised how little connectivity there is between BAT and Brave.  You even have to use BTC if you want to 'tip' sites you frequent... which is just crazy to me.  I invested in BAT, but now I wonder if I invested in the concept of BAT or the Brave browser?

Glad I read this, I'll have to check this new alt coin out. It is a cryptocurrency altcoin, right?

Tipping advertisers is weird. Advertisers make money getting people to use their products and services, why would I give them more money for viewing their ads? Honestly, ads are kind of a nuisance, I like the idea of getting paid (in a way) for sitting through them, but i can't imagine a world where I start thanking people for making me watch them.

as far as i know, the BAT is a good project, but its ico offand many people, it has a record that the fast sold out and the least people participate, several big whale booked the ico through bribe the miners

Yes, the lead developer created Mozilla and Javascript, I believe. So right off the bat this BAT has enormous credibility, unlike many altcoins. Clearly there are inefficiencies in online advertising that need to be fixed. Because of the developer's credibility, he has ties to many big companies. I can easily see him getting many people onboard.

Also, security is a big deal. This browser is supposed to be very secure. I think BAT has a bright future, and it can easily go up 10x to 20x from here in the long run.

Thanks for bringing it to our attention.Basic Attention Token is indeed an attention seeker coin.
It ranks 26 on the coinmarketcap and has increased 67% on Bittrex and I think this much information is quite enough to put some money on this coin.
This is what people will think at first. When i looked at the website i found some chinese page on its dev team page and when i looked at whois.com aboout the website it showed that the site was registered with Namecheap which accepts btc payment and the Admin details of the website were hidden. The site expires on february 2018. Clearly it shows that they are planning to scam people by hiding their identity.

This is not fake, check its your name in google, there is also a proof that I did not even see their crowdsale it had finished in a few seconds.

Have you joined in the slack? it seems you are not trying anything to find the truth about that. The bat already made by the brave browser developer but that doesn't makes me surprise caused by the brave browser is less in the popularity. try to join in their slack to gather the more information.

It's a great project actually, but I'm having a hard time to see how would they compete with chrome which is the most popular and most used browser

In the world? I'd download the browser and start using that instead of using edge/chrome etc, from now on if I see that I could earn some BAT by doing

This, but the token still is in early stages and doesn't have any fans currently.

The token is real but the project ehm 'Make me questios". There are no press release about the project after ICO. To make PPC site ad network with such amount of ICO raised, I think no need three months. They can pay great developers , in fact, do you see if the BAT project live? I am scared, it is just the way to raise money without real project executed.

That is true, the BAT is not fake, but it is not so hot after the ICO because the ICO tokens are almost bought by a few big whales, after that, some ICO projects start to set a cap for an single investor.  

IMO, it's a great concept, but it will have an adoption problem.

Following the read of the post, i went on to read their post and whitepaper am quiet convinced its gonna be big but i ve got to wait and see it mature first. i will surely get some

I definitely don't think this is fake at all, I do however think they did themselves a pretty big injustice by not divvying out coins better. Letting a couple whales buy them all pretty much killed all momentum they had and now they have to build it all back up, which will be very hard without implementing the BATs into the browser and proving the concept. That being said, I bought some and they are going in my wallet and hopefully when this pays off I remember I have them.

My friends are also talking about this coin, I have read the white paper, looks promising , could buy some when it's cheap enough.

The market has been controlled by the whales, so it is not strange to see the price gets higher and higher, when the price is high, the whales will begin to sell the tokens, so who will buy?

As far as I saw their ICO was finished before it even started. There are only handful of investors in it who hold majority of the tokens. Personally, as an investor I wouldn't feel safe investing in it but they have a good roadmap so who knows what they have for the future.

i read this and it's a cool idea.it's true that BAT is not fake.

Guys really do not understand how you can think of BAT  as a scam. You will not find information in this forum because from the beginning the choice of developers was to communicate only through their blog, rocket chat and reddit. If you go to check before empty talk, you will notice that communications are happening on a daily basis. Other things that amaze me: is there a project that is not controlled by whales? With all the money you go to lose with fucking ICO, do you suspect that the founder of Java Script and Mozilla want to cheat on you? All this is really, really, really  stupid.
Good luck.

BAT is not a scam in my opinion, but i find it very hard to see it being successful. They're tapping into the whole ad and browser world that is HEAVILY dominated by google and other huge companies.. Just getting people to switch over to Brave would be a big obstacle - and even then, most people dont like ad's, even if they're being paid a small amount to watch them.

Bat is coming guys full your pockets!

Absolutely. I am offten use Firefox, but Brave is in my opinion will not goes to mainstream.
Because it is combining too many things and browser for surfing becoming very complex instrument where surfing is not the main reason,but secondary option .

I am sure people will use simple browsers from major competitors.

If you think BAT good or bad just download Brave and decide.

I think that in the project baht and so much capitalization. As for a regular browser

It is a really interesting coin, i always wanted to invest in it, but i never had time to investigate about them and decide if should i invest or not, it is a little bit expensive right now, but i still see it profitable. I really like their project, i will follow it for some weeks and then i will see. Its name is so curious too, but it sounds good.
 

Bat will be star of next weeks
It will do more than adx
Still undervalued

I like the project, the founder and the business model. But BAT relies on the popularity of the browser and it's very hard for some to ditch chrome for it unless there is a convincing reason to do so, like being paid. But to make the ad reward works, it will need to have both the ad ecosystem and big publishers to be with it, which is not impossible but very difficult. So wait for the breaking news like publisher or advertiser partnership then invest, otherwise, looks elsewhere