Basic Attention Token (BAT) Archives

Status the Social Media Cryptocurrency

One reason Status is encouraging participation is that it conducts research on “cryptoeconomic models” and P2P technologies. Thus; in another similarity to BAT and Brave. Thus they designed Status as a data collection mechanism.

Cryptocurrency

daniel October 10, 2019October 10, 2019 Basic Attention Token (BAT), Can BAT Profit from Old Media’s Death?, How Advertising used to Work, How BAT plans to Tokenize information and advertising, How the Basic Attention Token could Save Advertising, How the BAT Platform could Make Money, Is the Basic Attention Token (BAT) the Future of Advertising?, Warren Buffett’s Theory of Advertising, What is the Basic Attention Token?, Why BAT May Not Work

Is the Basic Attention Token (BAT) the Future of Advertising?

Hence, BAT intends to tokenize advertising by turning your attention into a commodity. The BAT platform could make money by serving as a marketplace for your attention.

Grocery Wars

daniel April 26, 2019May 29, 2019 and Harmony, Basic Attention Token (BAT), Brave, Intelligent Retail Lab, Store No 8, Walmart Gathers Customer Data, Walmart’s AI Customer Surveillance, Walmart’s AI Customer Surveillance raises Ethical Questions, Walmart’s AI data collection, Who Owns Your Data?, Will there be a market for consumer behavior data, Will Walmart Sell Customer Data?

Walmart’s AI Customer Surveillance raises Ethical Questions

Thus shoppers pay to participate in Walmart’s behavioral sciences experiment. TechCrunch claims Walmart’s AI is not recording what customers buy. However, the AI can discern many customer behaviors.

Cryptocurrency

daniel March 25, 2019March 25, 2019 Basic Attention Token, Basic Attention Token (BAT), Bathing in the Basic Attention Token (BAT) is it the first successful Utility Token?, Can Big Social Media Monetize Brave and the BAT, Can the Basic Attention Token Fix Digital Advertising?, How BAT could clean up Digital Advertising, Is BAT the Future of Facebook?, Is there a Market for the BAT?, What is the Basic Attention Token (BAT)?, Will Brave and BAT make money?

Basic Attention Token (BAT) is it the first successful Utility Token?

Despite its popularity, the Basic Attention Token is not a cryptocurrency. Instead, the BAT is an Ethereum Request for Comment (ERC20) utility token.

Hence, they design the BAT to facilitate transactions on an Ethereum blockchain platform. Specifically, the designers hope the BAT will power a marketplace for blockchain-based digital advertising.
Thus, the BAT is really an accounting and bookkeeping tool designed to enhance transparency and ensure accountability on a blockchain platform. Therefore, any monetary value BAT acquires is an unintended side effect of the primary mission.

Cryptocurrency

daniel June 11, 2018 • Co2Co Engagement, Basic Attention Token (BAT), Data Mining, Digital Social Sampling, Fotoku, How JET8 Proposes to Turn Social Media Users into Advertisers, Is JET8 a Good Cryptocurrency?, J8T social currency, JET8, JET8 (J8T), JET8 a Social Currency for Ethereum, JETS social currency, monetize social media user data, The Full Stack App, The JET8 (JT8) token, tokenized social currency

JET8 a Social Currency for Ethereum

The idea behind JET8 is to turn social media users into advertisers for products. The users get rewarded for promoting the products with free samples. They can also earn the J8T social currency.

The impressive thing about JET8 is that the JETS social currency is already being used by some giant corporations in the seven countries.
Users mentioned at the JET8 website include: McDonald’s (NYSE: MCD), Seven11, the Circle K Convenience stores, the Alfamart convenience stores, Watsons, Shoprite, Shop & Go, Coca Cola (NYSE: KO), Unilever (NYSE: UN), Cell C, Nestle (VTX: NESN), Avon (NYSE: AVP, and PespiCO (NASDAQ: PEP). JET8 claims that the JETs have reached over 400 million social-media accounts since they were launched in 2015.

Cryptocurrency

daniel January 1, 2018January 1, 2018 Ad fraud, ad-blocking solutions, ADB, AdBank ICO, Adbank Network (ADB), Alphabet (NASDAQ: GOOG) and Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOGL), Basic Attention Token, Basic Attention Token (BAT), Basic Attention Token initial cryptocurrency offering, BAT, Blockchain Advertising Markets, Brave Browser, Building a New Advertising Market, Can Blockchain Advertising Markets Compete with Google (and Facebook), COs Banking on Advertising the Basic Attention Token and Adbank, ERC20 tokens, giant corporate-owned advertising ecosystems, How Many ICOS is Too Many?, Is Basic Attention Token a Good Investment?, Trying to cash in on a $220 Billion Market, Will Adbank and Brave Make Money?

ICOs Banking on Advertising the Basic Attention Token and Adbank

The truly fascinating part of the Brave/Adbank story is that both organizations are trying to use the same technology; Ethereum smart contracts, to solve the same problem.

Two rival Ethereum-based blockchain solutions are betting that advertising profits can be translated into cryptocurrency cash.