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/biz/ - Business & Finance

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7291295 No.7291295 [Reply] [Original]

10k Battie here, we’re getting that commercial tonight. Bye bye, us bat boys will be on the moon tonight.

>> No.7291334

>>7291295
where the fuck did this rumor come from

>> No.7291338

>>7291295
BAT can never go above 1$, it defeats the purpose of the coin.

>> No.7291379

It might even be a viable product, but the token itself is pointless. It's a centralized service, it's no use to make it blockchain related.
I hate projects like that, they're just exploiting the ICO meme to get easy money.

>> No.7291394

>>7291334
I talked to Sampson himself Bro beans

>> No.7291461

>>7291295
The superbowl meme is a weird FUD, no such thing has ever been stated and it would be totally against the style of the team and token.

>> No.7291487

>>7291379
I can tell you haven't read the whitepaper because what you're claiming is straight up wrong

>> No.7291500

it will crash instead. sorry.

>> No.7291514

Anyways this is a stupid fucking rumor and I say this as BAT holder. Wait until Brave is polished and ready to go first

>> No.7291758

There is absolutely 0 chance of a Super Bowl ad, goes against everything the project is about.

>>7291379
This is just blatantly false. The whole premise of Brave’s advertising model relies on BAT to be a worthwhile browser currency. The incentive to turn your Adblock shields off is that you will accumulate BAT by doing so. This incentivizes advertisers because they will have real metrics of people giving their actual attention to their advertisements.

People won’t want to turn the Adblock shields off unless there’s something in it for them. That’s where BAT comes in. People won’t want BAT if it’s worthless. Publishers won’t want BAT if it’s worthless. The whole model RELIES on BAT being worth something.

>but you could just use USD/Ether/BTC for this instead!

Brendan Eich has explained why the project needed their own currency. The token’s value needs to be linked to Brave. There are obvious reasons why fiat can’t be used, but in terms of ETH/BTC, if their value drops or moons because of something completely unrelated to Brave, that would affect the project. There are a lot more reasons obviously, but BAT allows the project to accomplish its new advertising model in a way that’s exclusive to the project. You’re jaded from scammy ICO’s, but Brave/BAT is about the furthest thing from that, and you’re ignorant about the project if you think otherwise.

>> No.7291955

>>7291758
No, they needed to use BAT to create a user growth pool. This wouldn't be possible with USD, BTC, or ETH.

>> No.7292124

>>7291758
Except the value of BAT will swing just as much. How well do they think it will go over with youtube viewing normies to find the BAT they bought yesterday is now worth half as much because some PnD group dumped on it?

>> No.7292266

>>7292124
This is a dumb argument because I could also say:
>How well do they think it will go over with youtube viewing normies to find the BAT they bought yesterday is now worth twice as much because more people purchased it?

>> No.7292533

There are still a lot of questions I have about BAT but the fact that it’s going to be used as an actual internet currency should warrant a lot more attention than it has been getting. I realize Brave won’t be marketed until it’s more of a finished project but BAT’s potential is huge. Imagine if Chrome had a cryptocurrency built into the browser? Think of all the uses it would have, that shit would be priceless. Brave’s potential is enormous.

>> No.7293047

>>7291295
As a BAT holder...no. The team hasn't advertised shit because they're still working on the actual product. You think they're going all out on a Superbowl ad? Their roadmap already states that the heavy marketing will come when Brave reaches ~7million users per month. Brendan just tweeted the other day that they were around 2 million, aiming for 5 million EOY.

>> No.7293268

>>7293047
This, why on earth advertise a product that currently is barely a quarter ready.

>> No.7293434

>>7291295
FUCKIN HYPE FOR THIS SUPER BOWL AD MY NIGGA!

>> No.7293537

Where the fuck did this rumor come from? If the answer is "/biz" then y'all who think this is actually gonna happen are fucking dumb.

>> No.7293568

>>7291295
Enjoy your Brower faucet fag

>> No.7293700

>>7291295
I've got about 300k BAT and desperately need some good news soon.

>> No.7293795

>>7292266
But that's a problem. Who is going to donate their BAT if the value is going to double? What advertising agency is going to give away millions of BAT when they are going to have to buy it back at twice the value when they want another commercial?

>> No.7294015

>>7293795
how the fuck can youi have 300k yet be so damn clueless at the same time? Advertiser payments are denominated in fiat aka the BAT price is arbitrary. They'll pay the same price either way

>> No.7294099

I feel so dumb buying 1k BAT at 60 cents, but I think I'm about to buy another 1k.

>> No.7294148

>>7293795
who the fuck is talking about commercials? I can't even argue with you because I don't think you even know what you own

>> No.7294194

Don't know about BAT, but isn't there a litepay commerical?

>> No.7294382

>>7294194

I thought there’s actually supposed to be a Coinbase commercial but maybe it was just a troll. The dumb guy on a yacht or whatever.

>> No.7294508

>>7294382
Yeah I think you're right. The litepay thing appears to be only a leddit idea.

>> No.7294924

>>7294015
So let's say I'm an advertiser and I buy 1 million tokens at $.50 each. That's a $500,000 investment. These tokens will be given to people who view my advertisements.

Tomorrow the price of BAT rises to $1.00 and I have already given away 500,000 tokens, a full half of my supply of tokens, to people who saw my ads. Those 500,000 tokens are now worth $1 million. Why would I give away my other 500,000 tokens when they could be worth double their amount in a short amount of time?

>> No.7295125

>>7291334
From the fact somebody bought air time.

>> No.7295188
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7295188

>>7291295
Kek, why are people still talking about BAT, the price being over $1 would completely defeat the purpose of the token. They literally state this about 5 times in their whitepaper. Anyone who tries to make money off this is a delusional brainlet.

>> No.7295207

13k’er here but the ad isn’t happening. Maybe for Superb Owl LIII

>> No.7295217

>>7294924
The advertiser isn’t the entity that is buying tokens and paying them out to people that view the ads.

Honestly just Google BAT and watch Brendan explain it, then read about it in the white papers. You’re very confused with how this works.

>> No.7295279

So everyone here clearly uses the Brave browser right?

>> No.7295343

>>7295188
This is a lie and you are a fuckhead

>> No.7295396

>>7295217
I already have. I've got over $100k invested in this project. Can you just engage with me like a fucking adult?

The tokens are inherently deflationary which is a problem.

>The advertiser isn’t the entity that is buying tokens and paying them out to people that view the ads.
Then who pays out the tokens to consumers?

>> No.7295592

>>7295279
Yes, long before BAT came on the scene.

>> No.7296206

>>7295279
Yes.

>> No.7296244

>>7295396
Look man, I guarantee you the BAT and Brave team have thought about the issue of volatility and how to best deal with it.

I worked in digital advertising. Almost none of my clients prepaid the entire ad campaign up front. What the clients actually do is sign a contract saying I want X amount of impressions at $X CPM. For Brave ads, this means they could contract with Brave saying they want 1,000 hypertargeted impressions at $15 CPM. As soon as Brave delivers the impressions, they bill the advertiser in fiat.

They are many ways to arrange an ad campaign and almost none of them require upfront payment for the entire campaign. Brave has obviously planned how to approach this otherwise I highly doubt Brendan would even pursue this project.