[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 3 KB, 228x221, download.png [View same] [iqdb] [saucenao] [google]
22739183 No.22739183 [Reply] [Original]

What went wrong?

>> No.22739198

>>22739183
need a nigger in there who knows how to manager coins / pumpenomics / and sling tokens

>> No.22739277

>>22739183
>>22739198
Not enough people use Brave. Simple as. More people = more ad revenue = increase batties price.

>> No.22739962

>>22739277
a shitton of people use brave. up to 15? 18m per month?

that puts it up there probably 2nd to btc in terms of use (maybe 1st some months?)

the fact that it hasn't pumped is just a sign of not having the right biz development group. eich is being too conservative with it, he is so desperate to "not let it become another shitcoin" he isn't letting it pump at all.

>> No.22740145

>>22739183
VRA killed it

>> No.22740221

>>22739962
I'm a marketer and I work with a ton of people who buy and sell ads. Why would I invest in BAT to hold if it was volatile? That's a problem for adoption. How am I supposed to sell the token to my VP of Marketing or our CFO? They will both think I'm loony tunes.

I really like this project and I am thinking about dropping some fiat on top of it. Just being real about my reservations as someone that would buy BAT to use for it's actual use case.

>> No.22740769

>>22739183
Poor execution. Too much regulation. Not a good investment. Ironically, Brave is awful at marketing its own product. BAT was dead on arrival.

>> No.22740835

>>22739277
how would more people using it not just trash the price instead?

>> No.22741013

>>22740835
If BAT had wide adoption then my reservations from >>22740221 would largely disappear as I'm interested in CTR and conversions, will pay handsomely for honest advertising (this is a misnomer, which is why I'd pay for the real deal), and risk slippage from the volatility. Or if it mooned and stabilized for long periods perhaps I'd hold, but I doubt it.

I'm posting from brave right now I fucking LOVE this product and I like the low key desktop style ads. There needs to be a lot more than this though. If BAT can deliver an honest system that can replace google/facebook I'd pull everything from those assholes and put it into the BAT network.

A lot of marketers would. Many of us are sick of FANG.

>> No.22741088

>>22740221
Why would you sell tokens to the marketing department?

If they wanted an ad on Brave, they would pay Fiat in exchange for a certain amount of ads. The coins are then bought with the fiat and distributed to the customer. Your marketing company doesn't touch coins at all.

>> No.22741114

>>22739183
Nothing, the business itself is growing consistently. It has double the users it's had last year. I personally have a number of friends who use Brave just because it's a better browser, and not because I shilled it to them either.

Their marketing sucks, but their current focus is on the product. It's a long term hold. Just scoop up coins this bear market and wait a few years.

>> No.22741400
File: 666 KB, 780x1018, 607CADC8-A19D-40C4-A8BA-A00E776F4533.png [View same] [iqdb] [saucenao] [google]
22741400

>>22739183
Ok, its time you fucking faggots listen. See this man right here. His name is Brendan Eich, he fucking INVENTED Javascript, you know, that language used in literally every website everywhere.

Take a moment and look at his head.
Look at how fucking BIG his head is.
It is literally 8x the size of the average human.
Compare the size of his head to somebody like Zuckerberg or Bezos, and Eichs fucking DWARFS theirs.
Just look at how fucking massive it is.
Now imagine the size of his fucking brain, how much it can compute.
Complex critical thinking problems are fucking DECIMATED by this mans brain.
It literally radiates power at idle it has so many wrinkles in it.


This man was briefly CEO of Firefox before he was wrongly and unjustly ousted.
His hatred fro non privacy browsers runs very deep.
Now take this hatred and couple it with his disgustingly large brain, and what do you get?
Well you get the Brave browser of course.

This guy is fucking sick of seeing the average person taken advantage of and privacy raped day in and day out by massive conglomerates like Google and Facebook.

Enter BAT.

Bat is currently trading at 25 cents. Yes 25 fucking cents.
If you are not accumulating you will stay poor for fucking ever.

Anytime you go to question the BAT project, just go and take a look at a picture of Eichs head. Look at how big it is, and then try to fucking tell me that BAT is not one of, if not the most promising coins.

>> No.22741425

>>22741088
I assumed this however I also expect BAT to evolve past fiat and directly into adrev for "attention" applications, or other uses. Paying Brave directly is easy enough. If the only idea is to pay people for watching ads then this is going to flop. This has been tried already a thousand times. So I expect there to be more utility downstream.

>> No.22741535
File: 13 KB, 394x277, FRONTAL_LOBES_ENGAGING.jpg [View same] [iqdb] [saucenao] [google]
22741535

>>22739277
Brave is almost as widely used, if not moreso than bitcoin is. At present, if the circulating tokens were evenly distributed between all brave users each user could only hold ~80 tokens. They aren't minting any more tokens - ever.

>>22739962
Will be 20million MAU very soon. It hasn't pumped for reasons, but has a very healthy chart and and increasingly thinning supply, alongside very strong user growth that's taking aim at replacing firefox. Did I mention the brave founder, founded firefox and invented javascript?

>>22740221
You don't 'invest' in BAT as an advertiser. You pay fiat for your advertising campaign through brave and the magic happens for you, and your campaign is launched. Brave purchases the BAT from the exchanges currently. You don't really ever need to touch the crypto side of it. The BAT gets distributed to people who view your ad campaign.

>>22740769
>Poor execution.
I politely disagree. Slow and steady wins the race. Its difficult for them to 'advertise' the brave and not be open to lawsuits for fraud. Brave(not bat) has been approached for institutional investment which they have DECLINED. They know they have hit a home run here, and don't want to lose any stake in Brave. There is no point to them overloading their systems and products as they are still continually developing them.

>>22741114
This.

>>22741400
based BOOF.

>> No.22741591

>>22741425
There are so,so many more applications than 'paying' aka rewarding people for taking some of their attention using the BAT token as its utility. I'll drop the pasta here. Reddit spaced for your pleasure.

---------------------

Low hanging items we have been working on are likely obvious: Rewards features, publisher and ads payments, getting sync v2 shipped, crypto wallet enhancement, webcompat, etc.

To address the list:

BAT-sense / publisher ads

Interest was decent from verified publishers when we exposed the ability for publishers to opt-in from the publisher dashboard.

We have an MVP, but want to optimize personalization before we put in the wild. Some of this work was also temporarily paused for stability work.

There are some additional optimizations to the existing User ad units we have work in progress for that has been prioritized higher in queue, as they net better rewards for users and added value for advertisers.

Self-service ad manager

Steady progress on this front. Current advertisers can observe this as recently as last week when we rolled out improvements to the reporting dashboards.

We have onboarded an additional set of partners and advertisers to help us test out self-serve.

This will be the pattern for the near-term.

>> No.22741647

>>22741591

Here's why:

Self-serve brings expectations of 24/7 availability and support. We are ramping resources to handle this, but it will be iterative.

Being 100% real, our ad delivery is different than traditional ad platforms. The delivery cadence and volume is different (users see a max of 1-5 ads/hr in Brave; outside of Brave, they see 3-5 ads per page load). The matching algorithms are different. The pacing is different. Conversion funnel adheres to physics, but the timing is different when you aren't carelessly shotgunning a ton of ads in front of a person.

Audience cohorts are different, and our audiences are growing each month to be more mainstream.

My point with all this is that there has been a lot of daily collaboration between ad operations (through our managed services team), engineering and with our testers to fine tune defaults for each campaign goal and gauge performance across different categories.

We don't want to rush a release to self-serve for advertisers to begin using, and have them in a situation where they operate based on traditional experience, that may end up setting them up for poorer performance than they would have through managed services. Getting the defaults tuned for different campaign goals takes some time, but ultimately sets our self-serve advertisers up for better success.

We are selling in to more broader advertisers, and are factoring in differences from category performance as we go.

BraveVPN

VPN news soon. Stay tuned. Can't say more just yet.

Apollo release

See: https://brave.com/themis/ and https://brave.com/mjolnir-tooling-for-bat-apollo/

Making progress, but aren't dropping dates yet.

>> No.22741667

>>22741647
Brave Together:

Working on scaling for a Brave Together release across our channels beyond Nightly (I am working on this with the team now).

You can use Brave Together now, for free, in any Brave Channel at https://together.brave.com - please provide feedback when you can.

Doesn't take too much of a stretch to see how we could work BAT into Brave Together in some novel ways.

BAT SKU work

In progress. Some of this effort was on pause during stability work, but has recently resumed.

Again, want to emphasize the importance of stabilizing what we have in market so we can market the product and introduce additional features with the greatest chance of success. We could release a lot of things on shaky ground and end up doing more harm than good.

We are working around the clock, and sometimes updates on progress fall by the wayside. We can do better, and will work on being more up front on progress.

Will pass along the feedback re: roadmap.

Also encourage people to check our github for release train features and focus:

https://github.com/brave/brave-browser/wiki/roadmap

https://github.com/brave/brave-browser/wiki/Brave-Release-Schedule

Hope this helps.

>> No.22741757

>>22741667
Final in the chain.

>>22741425
>>22741425
>>22741425
Read this one. This is what you are talking about. From the founder of Mozilla Firefox, craetor of javascript and now founder/CEO of brave.

"I don’t want to corner the browser market; I think Brave will have a good growth curve and lots of market share among elite users who are very economically valuable, but BAT is the big play. I want the Basic Attention Token to be used widely, which means we will bring it to other browsers and other attention apps — things like podcast players, or games that have ads in them.” —Brendan Eich

"While the Brave browser represents the first "BAT-enabled application" and is the primary focus of BAT Roadmap 1.0, the team intends to extend the BAT ecosystem beyond the Brave browser. We envision the BAT platform being extended to other web browsers, chat/messaging applications, games and other attention-economy apps via open source mobile app SDKs, connected TV SDKs, etc. (Read more about our upcoming BAT SDK, here.) For more info on the potential areas of expansion, see our Driving User Adoption and Extending the BAT Platform blog post.

The BAT SDK that will allow developers to integrate BAT-functionality (such as privately-matched ads with revenue share) into their own applications, allowing developers to monetize their apps and reward their userbase."

>> No.22741843

>>22739183
Vera (VRA)

That's what happened.
t. OG Brave user

>> No.22741961

I find it hilarious that people are getting stir crazy right now after brave has been busy loading the bases. Oh you are going to back out now that they are closing in on 25m users? Top kek. If you only knew.

>> No.22742099

>>22741961
Its remarkable the FUD campaigns we have seen on here. This is what I remember from this year alone.

The Compound (COMP) manipulation that was going to drive BAT into the ground.

The explot in the browser - this one was funny.

The price couldn't go over 1/6400'th of an ETH sourcing the whitepaper ICO price.

The BAT farm exploit allegedly generating 400k worth of BAT farmed.

>> No.22742105

>>22741843
What happened

>> No.22742202

>>22742099
I think people are just worried BAT is going to suck all the oxygen out of the room. Theres a reason Brendan Eich is blocked by blockstream. Most of crypto twitter has nothing but bad stuff to say about BAT. They are afraid. They speak of scams more highly.

>> No.22742739

>>22739183
Hope to see a lot of replies when i wake up in this comfy bat thread

>> No.22742782

>>22742739
Don't sleep.

>> No.22743010

>>22742782
Brother dont put that on me my sleep schedule is already fucked

>> No.22743241

>>22739183
I dunno desu it was overpriced and never went back near / below ICO, which it will in 2021.

Mine Safex.

>> No.22743284

>10% rebound in 4 hours after a 20% crash
Pretty good desu, with BAT it used to be that it crashes 20% in an hour, bleeds for a month by another 10%, crashes 20% in an hour again, flatlines for a bit, and THEN finally recovers.

>> No.22743383

>>22739183
It's going to be a slow journey, but almost every public court case, leak, controversy or new TV show about internet privacy (lately, The Social Dilemma) all play into BAT and Braves business model. MAU keeps going up. Number of creators listed within the BAT ecosystem keeps going up. Ads are running. It's probably the most successful project to ever come out of the Crypto space in terms of "real world" use and reach.

>What went wrong?
Literally the only thing missing for average /biz/lets, is large token appreciation. If this thing went parabolic you'd be selling your mothers for it because EVERY metric you can judge this project by is absolute gold... except it's token price. It is my prediction that it won't stay sub $0.50 forever.

>> No.22744077

>>22743284
It recovers quick after dumps. Gotta give it credit for that hey.

>>22743383
Is The Social Dilemma a good watch? I agree with you if this token goes parabolic, it will be one of the most parabolic moves we have ever seen with mass normie fomo, not just bizcels.

>> No.22744241

>>22744077
If only there were multiple quick and easy ways to buy BAT in the browser and if only more options were being enabled soon.

>> No.22744262

>>22744241
What do you mean friend. Im too cooked to read between the lines of your post.

>> No.22744288

fuck eich, the schizo anti-vaccine lazy looking asshole needs to shut thr fuck up about fake data and start advertising all of braves uses because this is fucking ridiculous. sick of the fucking ass posting too, fuck this shit.

>> No.22744346

>>22744262
The gemini,binance, and coinbase widget are all easy ways to buy multiple coins. Im pretty sure brave is building a stripe gateway that allows for credit card purchases of just BAT in a couple clicks.

>> No.22744768

>>22744346
>Im pretty sure brave is building a stripe gateway
That would be a huge game changer for BAT. I wonder if that would still require KYC.