I would advise anyone to be cautious investing into use cases just yet. The early 00's was full of great ideas and promises that were never realized. ![]() Web3 and applications like BAT are going to eventually succeed, but the hurdles are immense, and converting these wonderful ideas into revenue streams that justify the token is lacking in the space. Right now Brave removed their custodial partners, and those users are on the verge of losing their earned BAT forever. People in developing countries should have options. Coinbase and Kraken should be options by now. Choosing between Uphold (which sucks) and Gemini (which just screwed a bunch of users in their earn program) is crap. After 6 years, they have only 2, not great custodians. Right now the biggest headwind for BAT is global regulations. ![]() That's like a penny a month per user, and shows an inability to convert a decent user base into revenue. What's crazy though is that they're doing like $250k in ad buys for 20 million users a month. User growth has stalled around 55 million monthly users, though daily users continues to tick up, now over 20 million a day. Without this buy pressure, BAT has become less and less valuable. After looking like they'd need to buy and re-distribute millions of BAT a month, they've cratered to a multi-year low in USD. They're buying these on the open market and look at the trend. Today, it's ranked 115 on Coingecko, after being a top 50 coin a few years back.īrave purchases BAT using advertiser revenue to give users their token. These features ad up on the browsing experience, they're doing a great job of removing many of the annoying aspects of modern day browsing, but BAT continues to slide towards irrelevance. In addition it blocks most website prompts, like asking you to turn off ad block, or on mobile, they're adding a feature to stop websites prompting you to open their content on their app. There was a post on here about Brave blocking Youtube Ads, but it does so much more. Anyone on here who hasn't used Brave should try it.
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