91–100 of 137 posts
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I thought the entire point of Brave was to have ads, but share the revenue.
The current tech already does that just fine, no need to have an ad network built into the browser that just overwrites existing ad networks on the page. At that point, it's no different than spyware/malware.
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The effect of missing out on an upside is a lot less than taking a huge hit on the downside. It isn't discriminatory, it's protective. It is sad but many people would put their entire savings and next months rent into a risky investment that is not publicly traded on a regulated market and basically lose their money most of the time because they invest on hype and because their buddy told them. If an accredited inves…
> It isn't discriminatory, it's protective. I think it is both. The regulation is removing the upside risk as well as the downside risk. Many professional investors are investing to real stupid things and losing their money, it is not that difficult to find examples.
Could someone explain this to me like I'm five? I have an understanding of blockchain, kinda. What is this ICO?
This is my understanding Put aside blockchain, ICO, and browsers for a moment. Imagine an app that shows ads, nothing more. The users of the app are credited in tokens for viewing and/or clicking ads. The advertisers pay tokens to show ads. There is a middleman (presumably brave) who manages the ad marketplace and distribution (for a cut) The users can then take their tokens (acquired viewing ads) and sell them on th…
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Purchasing shares is much more than betting on a company. It's giving them money for a percent ownership of the company. Share ownership gives you voting rights on the company direction, a claim to the company's assets and profits, the potential for dividends payments, the right to sue directors for acting against the interest of the company, the right to recover losses from misleading statements and actions by corpo…
"All these things were put in place because your average person doesn't know what they're doing, and they think stock ownership is just gambling" In order to not be an "average person," you must make 200K+ in salary or have 1 million dollars in cash? I'm not saying that ICOs are currently perfect by any means. There will be a NEED for some type of regulation and time for the market to figure itself out. Unless youre…
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.
Either way, you've got income from selling digital goods for cryptocurrency, rather than cryptocurrency with no socially accepted narrative for possessing it.
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…
>an overbought token market fueled by Asian countries for the most part Chinese capital controls has a huge amount of blame here. Because the Chinese government prevents the foreign exchange market from clearing at a lower price, there's tons of unmet demand for converting Renminbi to anything that isn't subject to such restraints. Similarly, on the demand side - there's folks that would be induced to sell their fore…
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Depends on the token. In some cases, there's deployed code that enforces various rights...perhaps a share of fee revenue, or access rights to the platform. Whether the code is already deployed, or depends on further development effort by the team, is one aspect of the Howey Test, according to Coinbase which released the results of some legal research on the subject: https://blog.coinbase.com/2016-12-07-blockchain-tok…
From the FAQ: > What do BATs represent? > BATs are tokens in a new Blockchain and attention-based digital advertising platform. They are not refundable, nor are they securities or for speculation. There is no promise of future performance. There is no suggestion or promise that BAT has or will hold a particular value. BATs give no rights in the company and do not represent participation in the company. BATs are sold…
Bitcoin is boring, but it's a real currency you can use. Move fast and break things is a bug not a feature. If you can't buy things with it, it's not a currency, it's Russian roulette.
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The idea is that the Brave platform will allow users to send micropayments to content publishers. The micropayments will be in the form of "Brave Coins" which are like Bitcoins but specific to the Brave platform. The reason for this is that you reduce transaction costs to a point where it makes sense to send a $0.50 (or whatever) payment. So if the Brave platform succeeds then you'll have a whole bunch of people who…
My understanding is that the tokens (BAT) are sold to/for advertisers to allow them to purchase advertising on the Brave platform so that they can advertise on specific publishers' websites. The tokens paid for by the advertisers will then go into the pockets of these publishers, while a small portion will end up with users to compensate them for their attention spent viewing those ads. Am I reading it wrong?
Earlier quoted context omitted.
The idea is that the Brave platform will allow users to send micropayments to content publishers. The micropayments will be in the form of "Brave Coins" which are like Bitcoins but specific to the Brave platform. The reason for this is that you reduce transaction costs to a point where it makes sense to send a $0.50 (or whatever) payment. So if the Brave platform succeeds then you'll have a whole bunch of people who…
THIS IS REALLY HELPFUL. Thank you!