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r/BasicAttentionToken
9.4k members
Basic Attention Token (BAT) – Making Crypto and DeFi accessible and useable for everyone.
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r/BATProject
89.1k members
Basic Attention Token (BAT) is a revolutionary digital advertising and rewards platform from the inventor of JavaScript and co-founder of Mozilla & Firefox that rewards users in Ethereum-based BAT tokens for ads they choose to see, and soon for using DeFi swaps. Start earning and using BAT now in the Brave browser. We're making Crypto and DeFi accessible for everyone.
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r/brave_browser
79.0k members
The best privacy online. Browse privately. Search privately. Brave is on a mission to fix the web by giving users a safer, faster and more private browsing experience, while supporting content creators through a new attention-based rewards ecosystem. Available on Android, iOS, Windows, macOS and Linux. Want to help improve Brave? Try our Beta build: https://brave.com/download-beta
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r/CryptoCurrency
5.2m members
The leading community for cryptocurrency news, discussion, and analysis.
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r/ethtrader
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Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
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r/CryptoMarkets
963k members
Crypto Market Analysis & Discussion. Demand and price, technical analysis, fundamentals, Bitcoin, Ethereum, token, volume, oscillator, RSI, stochastic, trend, trends, sentiment, strategy, coin, coinmarketcap, coingecko, messari, altcoin, blockchain.
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Next-generation platform for decentralised applications. Dive in at ethereum.org
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r/CoinBase
214k members
Welcome to r/Coinbase!
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r/CryptoCurrencies
366k members
We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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r/Crypto_Currency_News
153k members
News means money in the Crypto Currency world. When new coins, products or platforms are released using Bitcoin, Ethereum, Monero or any related altcoin Tokens, the price of affected products can potentially move on the news.
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r/cryptocurrencymemes
351k members
Welcome to CryptoCurrencyMemes! This sub is intended for the dankest cryptocurrency-related memes. Please follow the sub rules, remember to upvote and downvote, and have a good time!
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r/CryptoHorde
6.2k members
NEW SUB AS OF JAN 31 2021 If you’re ready to share crypto ideas, act as a horde and make a boat load of money, this subreddit is for you. Large or small investors, we want you all. Let's learn from one another, trade together and have fun with like minded people. We are here for the massive gains 🚀 so buckle up! **disclaimer** No principle member of CryptoHorde is a licensed investment professional. The purpose of this group is purely informational and academic.
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r/bat_token_via_brave
40 members
How can the reddit community grown Basic Attention Token and the Brave Browser other than buying the Token
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r/BATCrypto
27 members
A place to discuss and speculate on BAT ( Basic Attention Token)
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Posted by1 month ago
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Posted by3 months ago
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Posted by6 months ago

In a very high level, I constantly look out at some metrics on Brave and BAT market share and how that is related to BAT market value. I constantly look out for:

· MaU (monthly active users) and DaU (daily adtive users). Source: bravebat.info.

· Active Campaigns. Source: bravebat.info.

· BAT Purchases for Ads. Source: bravebat.info.

· Verified Creators. Source: bravebat.info.

· Google Play Reviews. Source: Google Play.

· Mozilla Revenue (royalties, ads and subscriptions regarding Firefox): 562 MM USD in 2017, 450 MM USD in 2018, 828 MM USD in 2019, 496 MM USD in 2020. Source: Mozilla annual report.

· Opera financial results: 177 MM USD in 2019 and 165 MM USD in 2020. Net income per add: 1.48 USD. Around 120k ads in 2020. Source: Opera annual report.

· OPRA market Value: around 830 MM USD. Source: NASDAQ: OPRA.

· Market Share: FireFox around 5% and Opera around 2%, Brave uses Chrome User-Agent. Sources: Different sites.


There is a big difference between the token BAT and a company share or a token issued by a Decentralized Autonomous Organization (DAO). Those differences directly affects BAT valuation. BAT is totally managed by Brave Software INC. and Brave makes decisions that directly impact on BAT value without consulting or informing BAT holders. Some current decisions taken by Brave signals that this might be an issue for BAT holders and Brave in the future: (1) Brave is charging for the products Brave Talk and Brave Search in USD instead of a transaction that would increase BAT value; (2) Brave decided unilaterally what would be the benefits for BAT holders on swaps on Brave Wallet.

I think there are some technical problems on BAT scalability that limits the decisions over the use of BAT in products transactions. Brave already announced the solution to those problems (BAT running on Solana network). So far BAT holders and Brave are in the same boat trying to growth and improve Brave Products. Therefore, I personally don’t think that today there is an issue. But, in the future, Brave might have a conflict of interest on the decisions regarding BAT.


Considering all that, I have the following thoughts on a very high level BAT valuation:

· The MaU is currently around 50MM users and the Market Value is 1.3B USD, that would give a valuation of 26 USD per user, what I think is a valuation below what is worth.

· BAT market cap is 1.3Bi and Opera market cap is 830MM. But it is necessary to consider that BAT is not Brave. I think Brave has a much higher potentiality and other products besides the browser. BAT also has a lot more liquidity and is listed in almost all exchanges.


If anyone has other sources of information or disagree about any thoughts please share.


Edit: Maybe the post focused too much on the relation between Brave and BAT and not too much on the potential of BAT. I think the product has a huge potential.

A browser is the entrance door for other products. What normally experts says is that the important thing is to have the customer, after having it you will figure out what products to offer and how to monetize it. A browser with a wallet built in, like Brave, can be entrance door for the crypto world for all its users. And Brave users are growing exponentially.

Average customers are not interested on which network chain the protocol runs in, they just want to have a good product with a good UX. The chain network is a backend not a frontend issue. Brave knows that and want to be a multichain product. Brave users will trust Brave on the decision (or to assist on the decision) about security of the chain network. And trust brings value.

Brave products wants to compete with the bigtech, Brave Search competes with Google Search, Brave Browser with Chrome, Brave News with Instagram. I don't need to mention the potential of the revenue if Brave take even a small step on the direction to be a competitor.

Considering other crypto assets, I BAT has a really undervalued market cap.

Finally, Brave sees BAT holders as Stakeholders, they have no intention to harm holders.

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Posted by9 months ago
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