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Brave raises $35M in 1 min with ICO

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Re: Brave raises $35M in 1 min with ICO

#41

Post by austincheney »

pacaro wrote: post #12
porter wrote: post #3

You can download the Brave private browser at www.brave.com. The Brave browser automatically disables all ads and tracking when you browse any website. The founder of Brave also created JavaScript.

I think it's ok to name Brendan Eich here. Just saying "[person who] created JavaScript" makes me think "that's either Brendan Eich or someone lying about having created JavaScript" If he's chosen to be the CEO of a company again, then he's also chosen to put his social/political views on equality into the public sphere again.

He never did that before when at Mozilla.

Re: Brave raises $35M in 1 min with ICO

#42

Post by seibelj »

Cshelton wrote: post #21

All these ICO's have been avoiding any SEC regulation regarding private security sales by claiming the tokens are just a method to use/exchange services on their platform, not as an investment. However, when ICO's like this one keep happening where only 100 "accounts" own 99% of the ICO offering, you pretty much lose that argument of the tokens only being there for use of the platform. It's a private security sale, a…

But if you own a token, you own nothing in the company, no equity, no promises, no contract signed, you don't have any right to any profits and Brave can say tomorrow that all the tokens are worthless. It's not so straight-forward that they raised investment, really they sold $35mil of a product. But IANAL, and you could easily be right, I'm just saying it isn't so cut and dry.

Re: Brave raises $35M in 1 min with ICO

#44

Post by DennisP »

dsun178 wrote: post #17

I still belief ICOs are made up to launder crypto-money. Invest anonymous into your own ICO, ed voila, the money is clean to use.

That'd be a decent strategy for drug dealers hoping to legitimize their earnings, but I don't think there are any drug markets taking ETH yet; most of the drug profits are in BTC. It'd be pretty hard to exchange millions of dollars' worth of BTC to ETH in a purely anonymous way, so I doubt that the massive ETH raises have criminal sources.

Also I sorta doubt that Brendan Eich is a drug dealer :)

Re: Brave raises $35M in 1 min with ICO

#45

Post by chongli »

gcp wrote: post #37
iamacynic wrote: post #28

Earlier quoted context omitted.

that asset isn't liquid. who are you going to sell it to? a few of the other 200 people? do they have $35M to spend?

If Brave becomes popular, advertising space in it is worth real money, and the tokens get value. If.

To me, Brave's value is due to its ad blocker. If they start shoving native ads into the browser then I'll uninstall it.

The set of technical users out there who will do anything and everything to avoid and block ads is not a valuable advertising space in any way, shape, or form.

Re: Brave raises $35M in 1 min with ICO

#47

Post by pacaro »

austincheney wrote: post #41
pacaro wrote: post #12

Earlier quoted context omitted.

I think it's ok to name Brendan Eich here. Just saying "[person who] created JavaScript" makes me think "that's either Brendan Eich or someone lying about having created JavaScript" If he's chosen to be the CEO of a company again, then he's also chosen to put his social/political views on equality into the public sphere again.

He never did that before when at Mozilla.

A political donation is an act of public speech.

I think it's ok to care about the beliefs and views of the officers and board members of a company.

Re: Brave raises $35M in 1 min with ICO

#49

Post by chongli »

Sir_Cmpwn wrote: post #43

Plus, I don't really see any reason to be impressed by "the founder also created JavaScript". That's just like saying "the founder is a famous fuck-up whose legacy has made you suffer".

Read the history of JavaScript sometime. It's not his fault that the language has so many flaws. He had 10 days to create it [0]! If he'd been given a normal budget and schedule and free license to design the language, we might've​ had something more like Scheme [1].

[0] https://www.w3.org/community/webed/wiki/A_Short_History_of_J...

[1] https://en.wikipedia.org/wiki/JavaScript

Re: Brave raises $35M in 1 min with ICO

#50

Post by austincheney »

pacaro wrote: post #47
austincheney wrote: post #41

Earlier quoted context omitted.

He never did that before when at Mozilla.

A political donation is an act of public speech. I think it's ok to care about the beliefs and views of the officers and board members of a company.

His hazing and firing from Mozilla really sounded like a concession favoring discrimination.
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