Top Cryptocurrencies Of The Future That Are Worth 50 Blockchain Projects: THE TOTAL GUIDE TO STATUS (SNT) & BASIC ATTENTION (BAT)

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This is a screamer or a point-and-kill analytics on the cryptos of the future. And I am talking about the Top Blockchain Projects: Status (SNT) & Basic Attention (BAT).

Wait a minute. Is this all about BAT & SNT? You will see very soon…

Let’s be frank, we all missed out on being a cryptocurrency millionaire talk less of a billionaire.

The truth is, we are not ashamed because we never knew a thing like Cryptocurrency or blockchain. Those that knew it early took the right step.

And on a lighter mode, I don’t want us to miss out either because this post was a 12,000+ worded post (which is our custom – long contents with details), and before you would have finished it, we would be talking of 40 minutes in one post.

Top_Blockchain_Projects__Status_(SNT)_&_Basic_Attention_(BAT)_001

Why? I have had a reader tell me she couldn’t complete one of the posts, so, she will be back to complete it.

And for me to help you out such that you can take action at the end of the day, I have cut out about 7,000, so, let’s manage this 5,000+ guide to Status and Basic Attention.

Why am I tell you this? Confidence, right?

Is the above a confident therapy to give yourself a pat on the back and say, I won’t miss out again?

If you are with me, I would say welcome to a world of being another cryptocurrency millionaire if not a billionaire in 1,400 days to come.

But you know what? Pity and sorrows along the way…Top_Blockchain_Projects__Status_(SNT)_&_Basic_Attention_(BAT)_001

While a lot of us will hold on to the brighter day, some will fall on the wayside, and the worst, some will say this is not possible; probably another scam.

I totally understand that because this is a total guide.

The truth is, when Amazon shares came up in the late nineties, some of us missed out to invest early enough, not because we didn’t want to, but because we joined the wagon of those that said it was all a fable or a bubble.

Even at $100, some of the doubting Thomases were still calling it a bubble, and guess what happened when the shares went up to $1000?

The doubters were dumbfounded because they missed out and failed even though it was considered nothing and the pains is that the one-time bubble is now a goldmine today.

As if that was not enough, the Facebook shares also followed the same trend and yet again, some missed out because they saw the early investors as fools. Awkward, right?

So, would you take the chances now if it is super Awkward?Top_Blockchain_Projects__Status_(SNT)_&_Basic_Attention_(BAT)_001

I am not a financial advisor nor is this analytics poised to delivering a bank account full of an overnight million of dollars. Far be it.

The truth is that if you have seen what the telecommunication industries have done, you can easily see what Cryptocurrency and Blockchain Technology for Nerds will do and be when all the countries and sectors start accepting it for what it is.

I mean, we have had many parties changed their minds positively on Blockchain Adoption.

Examples are India & Turkey, the World Bank, and the other 43 more Cryptocurrency and Blockchain Technology Friendly countries.

Now, if you are a newbie in cryptocurrency and Blockchain projects, I want to assure you that you will learn more than you can think of.

Although I did a top 30 best cryptocurrencies mooning: giant list of blockchain assets based on 2018 analysis which took me days I can’t recall, I don’t know yet how many weeks this will take as well.

Nevertheless, as far as you get value at the end of the day, let months go by and I will do this for you.

The good news is that at any point there is an important update, the list shall be updated or shall be featured in our top 5-7 monthly Cryptocurrency and Blockchain Projects to buy.

And the Bonus – How to Solve Identity Verification Problems On Over 1,000 Top Crypto Exchanges with Verifications on CEX & Luno.

THE INNOVATION OF THE BLOCKCHAIN TECHNOLOGY

Most of the Token contracts are based on a standard feature of the Ethereum ecosystem – Blockchain Technology.

Going a little bit into Ethereum,

Ethereum has been used for mobile payment systems, distributed exchanges, tokens pegged to commodities and fiat currencies, market clearing mechanisms, micropayment systems for distributed computing resources, commodities, and securities exchanges, crowdfunding, and legal document verification.

Large firms have invested in and deployed Ethereum, with JP Morgan, Deloitte, IBM, Santander Bank, Microsoft, the Luxembourg Stock Exchange, and the Royal Bank of Scotland being key early adopters.

So, what can’t we really achieve with the Blockchain Technology except for the animate things…?

 

Let’s have a talk…

I have made some dumb decisions by mistake while building an online project which I don’t want you to follow the same path.

So, this is how not to fall into the same regret.

And if even worse, you might be scammed off your last Bitcoin as I was, so, this is how to be on your rare guide.

TOP CRYPTOS/BLOCKCHAIN PROJECTS TO HOLD AGAINST 2020

As we have already established, we missed out on being a crypto millionaire because we knew nothing about this digital money.

Yet again, this is an opportunity to hold some cryptocurrency and Blockchain projects.

The point is, even though I am admonishing you to hold some coins, it turns out that this is not a do or die affair, the aim is making some extra or passive income from a long term investment; in a long run.

The volume you can buy these cryptocurrency/blockchain projects is up to you. I mean, if you can go in for $100, great if $10 or $50 super great.

The point is not missing out at all because it won’t be fair enough. Hope you can see it from my angle? If yes, let’s hack into it.

https://iwillteachucrypto.com/top-5-cryptocurrencies-to-buy-trade-in-october-2018/

MAKING SENSE OF THE PROJECTS

I have done all the dirty work as far as all you need to know about the Top Blockchain Projects: Status (SNT) & Basic Attention (BAT) are concerned.

So, enjoy your reads and reasons you should go for each of the Cryptocurrency/Blockchain Projects.

Lastly, the number to which these projects are listed does not reflect their standings on the coinmarketcap or their usability.

 

Side Talk…

I truly get it that you might be overwhelmed with the following Blockchain projects because they are super good based on their functions.

So, for me to do you 200% good till the end, it is important I point you to “how to be a successful crypto/blockchain investor”, and also how to divide these crypto/blockchain sparingly.

And lastly, it is important you see a Case Study on how about 60 Cryptocurrency enthusiasts manage their crypto/blockchain projects (in and out of their wallets).

 

Pls Support us by Tweeting… 😉 

TOP CRYPTOS/BLOCKCHAIN PROJECTS TO HOLD AGAINST 2020 Click To Tweet

TOP BLOCKCHAIN PROJECTS: STATUS (SNT) & BASIC ATTENTION (BAT)

#1. STATUS

StatusPopularly known as your gateway to Ethereum, Status is “an open source messaging platform and mobile interface built to interact with decentralized applications that run on the Ethereum Network.”

Launched in June 2017, Status is a Blockchain project which acts as a discovery tool just like how browsers provide the gateway to websites.

It is aimed to allow users to browse, communicate, and make payments securely on the decentralized web.

HOW IT WORKS

The Blockchain project runs a go-ethereum directly from your mobile devices that turn your smartphones into the Ethereum node, meaning that the validation of blocks is done on the client side.

THE FUTURE PROJECTION

Apart from the fact that the decentralized messenger will allow the users to find each other worldwide and to transact and communicate with the each other.

Status wants to build a digital hub where users can use various services based on the Ethereum network such as Aragon and Gnosis to aid versatility.

THE STATUS WHITEPAPER: #15 Reasons You Should Hold Status Blockchain Project

The Status coin has an option for a messenger form-factor which is chosen to make Ethereum feel as familiar as possible to the average smartphone user while providing a flexible platform for DApp developers, aimed to maximize the amount of daily use of Ethereum’s public blockchain.

Also, the Status Network Token is a modular utility token that fuels the Status network. This includes a Decentralized Push Notification Market, Governance of the Status client, and Community Curation of content, along with social communication tools such as Tribute to Talk.

Based on their report, they also propose a fiat-to-crypto ‘Teller Network’, DApp Directory, Sticker market, and the demonstration of research on a User Acquisition Engine to grow the Network.

#1. Legacy Social Network; Everyone-As-A-Stakeholder

Social networks today consist of three parties: the owner, the advertiser, and the user.

Status believes that each party serves a role that sustains the growth and development of the platform.

Despite each playing a critical function, these parties operate with vastly different goals in mind and current models fail to provide a means by which their incentives can coexist and be aligned.

The Owner

The owning entity is typically the creator of the network. Their role is to attract and retain users to their platform.

Their goal has historically been to create a walled garden around a user base and extract value from it.

They rely on algorithms to keep the user engaged with the platform but do not necessarily operate with the interest of the user in mind.

And lastly, the Owner’s priority is value extraction from the user, followed by user retention.

The Advertiser

The Advertiser, or Data Broker, enable the Owner to extract value from the network, ultimately sustaining the platform.

This is done by purchasing the user’s data, purchasing qualified leads to their products or services, or by purchasing targeted advertising inventory based on user profiling performed by the Network Owner.

The Users

The user’s perspective in the network is quite different. Often users do not approach these networks with the explicit intention of buying products, but rather to connect with friends and loved ones or to reach communities who share their own special interests.

Often they are powerless to control the information they consume, or how the network is developed.

They have no choice but to rely on the Owners and Advertisers to behave ethically or stop using the network entirely. This and more is what SNT wants to address.

#2. Socio-Economic Networks

Let’s start with this.

Based on Status point of view. Now, what if Status could flatten these roles? What if users of social networks possessed a real stake in the networks they participate in?

What if we could align incentives for all parties and create a network that naturally promotes behaviors that benefit all participants? The above questions is what SNT wants to put in place.

#3. Decentralized Push Notification Market

Taking sides on decentralization in the client isn’t without its challenges.

Due to the peer-to-peer nature of the Ethereum communication sub-protocol, Status believes that a tool like Whisper (SHH)will make user experiences a great benefit.

How?

In her word, they spotted the fact that the stress of being notified when a friend has responded to your messages, have to be themselves redesigned in a decentralized context.

This is it.

With the new Whisper V5 protocol, as a Status user, you can now delegate nodes to do offline inboxing (storing messages while clients are offline) while they will extend this ability to support push notifications.

This allows the project to establish a market for push notification providers.

For a service, stakeholders will deposit SNT with a provider, who may charge micro-transactions for notification and storage.

How it works

SNT is required by Stakeholders to select and receive push notifications.

Example use-cases:

Stakeholder A, a casual user, wants to receive Push Notifications and pays a micro-transaction in SNT to do so.

Stakeholder B, an early adopter in Cuba, has been paying for Push Notifications, but Google’s Firebase has just been blocked in his country. He seamlessly changes to a different provider from with within Status.

Stakeholder C, a Push Notification provider, wants to generate SNT, so they participate in the market to offer their services.

All these show a mainstream of what Status is all about.

#4. Governance

Status believes that one major drawback in legacy social networks is the lack of influence users possess over the networks themselves.

They stressed that they are often powerless in having a say on how the platform evolves.

So, Status aims to democratize this power, giving stakeholders a direct influence over all decisions within the network, including how the software is developed.

In fact, since the token can be used to make decisions on proposals, a core part of the Status Network Token is giving stakeholders the ability to choose the direction that the software is developed.

#5. Indicators of Trust

Status believes that in many social networks, Platform Owners offer attestations on User accounts to signal that their account is reputable.

Often this requires revealing government issued documents and is represented as a simple badge that says “verified account”.

In their words, with the Status Network Token, we intend to implement a non-exploitable online reputation system based on TrustDavis (DeFigueiredo and Barr 2005, DeFigueiredo and Barr 2009).

Stakeholders can deposit SNT against usernames at a premium, creating a badge indicating a level of value that username holds and the number of backers they have.

This will allow us to establish a base Web of Trust, which will give an indication of how reputable a username is within the network and this can be further developed in the future, for example, with the integration of Trustlines.

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#6. Tribute to Talk

Inspired by one of Satoshi Nakamoto’s original suggested use cases for Bitcoin, the Status project will be introducing an economics-based anti-spam filter, in our case for receiving messages and “cold” contact requests from users.

The essence is to enable stakeholders to set a minimum amount of SNT that a Status stakeholder must deposit in order for someone outside of their network to contact him directly.

And if the recipient replies the deposit is forfeited to the recipient.

#7. Usernames on Ethereum Name Service

By default, Status is free to use and communicate with. You are identified by a SECP256k1 public key which means you are making use of an advanced system for communication.

#8. Community Curation & Attention-based Signalling

In legacy social networks, Status believes that the ranking of information is typically done by the platform owner, often with the intent of driving up profits.

In this model, content discovery algorithms are opaque, prone to censorship, monopolistic in nature, and possess high switching costs should users of the network become dissatisfied with the quality of content discovery.

So, within the Status Network, stakeholders will be able to opt-in to curate the content that is displayed by producing signatures on events (i.e. by upvoting or downvoting content or ideas), referred to as signals, in which the stakeholders’ token backing is weighted in ranking.

#9. Status Teller Network

One of the core hurdles to the adoption of cryptocurrency is the difficulty in obtaining it. Ease of access is necessary to transition our economies from fiat to digital currency.

In order to solve this problem, Status has proposed the implementation of the Status Teller Network, a Dapp inside of Status, which provides borderless, peer-to-peer fiat-to-crypto ‘Teller Network’.

#10. DApp Directory

While the Ethereum network is still in its infancy, the rate of decentralized applications on the platform is already growing drastically.

The Status DApp Directory will come in to provide a way for stakeholders in the network to discover the most useful DApps, as curated by other community members.

Much like the Apple App Store or the Google Play Store, the Status DApp directory will provide a way to navigate by category and rating, enabling users to find exactly what they are looking for.

#11. Sticker Market

Status pointed out that Stickers offer a fun way for users to visually interact with their friends and families, and have been shown to increase engagement levels within messaging apps, particularly among the millennial.

Using the messaging app LINE, for instance, they noted that LINE derives about a quarter of its yearly revenues from sticker sales, or about $268 Mil (Line Corporation IPO Filing).

And so what?

Status has proposed the implementation of a Sticker Market within Status, allowing anyone to create and begin selling their own designs to users all over the world, and to begin using stickers within any Status chat.

#11. User Acquisition Engine

Status observed that for them to achieve her mission ultimately requires one thing. That is widespread end-user adoption.

Going further, they made it known that using the Status Network Token, they can design mechanisms for growth that have been tried and tested in Web 2.0, whilst providing greater transparency and better alignment of incentives for participants.

Just to point out, the Status Acquisition Engine provides a cryptographically provable and transparent means of growing the user base.

#12. Referral Program

In addition to an LTV claims market, Status is exploring the possibility of a mechanism for a two-way Status referral program.

And of course, solving the problem of fraudulent sign-ups requires the integration of more advanced reputation and identity systems such as uPort.

#13. Additional SNT Properties & Upgradability

Based on the work of smart contract developer Jordi Baylina, the Status Network token possesses an interesting attribute – the ability to easily spawn new tokens that have the same balance distribution as the parent token at any given block number.

They affirmed that they are strong believers in a culture of experimentation, and this model will preserve a fair contribution for early backers, without imposing rigid restrictions on the ability to test new SNT utility as the project evolves over time.

#14. Dynamic Ceiling and the Importance of Distribution

Because Status Network Token holders will ultimately be using SNT to govern the direction of Status’ development, along with its daily use within Status, achieving a fair distribution of tokens is a goal Status need to work towards.

The reality is that to achieve this, Status aims to encourage many smaller participants while discouraging larger participants from taking up the majority of supply.

#15. Project Budget

Status confidently made it known that the Funds raised during the Contribution Period will be used solely for the development and benefit of the Status Network.

They went on to reveal that the level of funding received dictates the distribution of funds.

However, Status SNT reserve structure allows the project to reduce the volatility along the way towards achieving their long term objectives.

Okay, so, those are the #15 reasons to decide if you should hold the Status Token or not.

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Let’s go ahead and see other insights about it.

AMOUNT RAISED DURING ICO

What is the essence of the amount if not to see the support and investors of the project?

This is important because it will help you determine if you should go in for it or not.

During the ICO (Initial Coin Offering), the Status Project raised 300,000 ETH.

And should you want to know what the true worth as at June 2017, multiply say, $650 X 300,000 ETH.

I personally think this was a massive and successful blockchain project launch. However, it’s not all about me but you.

THE TEAM

• Carl Bennetts – Founder – on Twitter

• Jarrad Hope – Co-Founder – on Twitter

• Roman Volosovskyi – Developer – on LinkedIn

• Alexandr Pantyuhov – Developer – on LinkedIn

• Victor Farazdagi – Developer – on Twitter

• Andrey Shovkoplyas – Developer – on LinkedIn

• Andrey Mironov – Design – on Twitter

• Gustavo Nunes – Developer

COMMUNITY 

• Status Homepage

• Status Wiki

• Status Github

• Slack

• Twitter

• Reddit

• Facebook

MARKET CAP AND VOLUME

As of the time of writing, the marketcap of Status stood at $119,091,341; appr $120 Mil.

HOLDING ZONE

Before we hold it, one thing you did not know about Status is that Everyone-is-a-stakeholder; that is if you hold the SNT Blockchain Asset.

Not just that.

Status is the first ever mobile Ethereum client built entirely on peer-to-peer technologies and should be considered an R&D project involving bleeding-edge protocols.

R&D: Research and Development.

The Volume To Hold

If you find pleasure in the Status Project and what they want to achieve more, the volume you can hold is up to you.

ATW – The price was at $0.04.

Where to Find Status Token (SNT) – CoinSwitchCrypto Exchange

 

HOW TO FIND/HOLD STATUS PROJECT (SNT) – Buying Steps.

You can buy Status by simply going over to CoinSwitch.io.  The good thing about it is that you can also use your Credit card to buy the SNT.

On CoinBase

#1. Create an account by Going to Coinbase.com/Signup

Make sure you see the interface below so that you won’t be phished before signing up.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#2. Deposit the amount in dollars you want to buy Status Token.

#3. Use the deposited funds (money) and Buy Bitcoin or Ethereum on Coinbase

 

On CoinSwitch

#4. Create an account by Going to CoinSwitch/Signup

Make sure you see the interface below so that you won’t be phished before signing up.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#5. Login to your account and enter the amount of SNT you want to buy.

The rest are simple steps to get you through. A free wallet can be gotten here

Summary

 

Blockchain Project

 

Status (SNT)

 

Project Type

 

Token

 

Platform

 

Ethereum

 

Proof Type

 

PoS

 

Country

 

Switzerland

 

Launched

 

June, 2017

 

White Paper

 

Link

 

Website

 

Link

 

Web Wallet

 

Yes

 

Hardware Wallet

 

Yes

 

Mobile Wallet

 

Yes

 

Video

 

Link

 

Current Price

 

$0.04

 

Exchange

 

CoinSwitch

 

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#2. BASIC ATTENTION

Basic Attention Token

Basic Attention Token (BAT) is an open-source token based on the Ethereum blockchain specially designed for the world of digital advertising which rewards publishers and advertisers for providing high quality contents (based on engagements).

In one word, Basic Attention Token aims to radically improve the efficiency of digital advertising by creating a new token that can be exchanged among a major group of three players; publishers, advertisers, and users.

The Blockchain Project was developed by the former CEO of Mozilla whose name is Brendan Eich.

BAT functions in partnership with Brave Browser (featured here), a browser that focuses on low-bandwidth usage, fast browsing speeds, and privacy.

The Basic Attention Token – BAT

The BA token can be used to obtain a variety of advertising and attention-based services on the Brave platform.

The utility of the token is based on user attention, which simply means a person’s focused mental engagement.

If someone asks you about BAT, this is what you should tell him/her.

The Basic Attention Token (BAT) was developed to address the broken digital advertising market.

BAT, an ERC20 token built on top of Ethereum, will be the unit of exchange in a new, decentralized, open source, and efficient blockchain-based digital advertising platform.

HOW BASIC ATTENTION WORKS

BA is introducing a decentralized, transparent digital and exchange based on Ethereum Blockchain.

Users will also receive a share of BAT tokens for the time they spend viewing advertising. In addition, users will have the option to pay for products with BAT tokens themselves.

WHY BASIC ATTENTION?

Basic Attention wants to solve three major jerks.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#1. Users Manipulation

BA believes that Users are abused. For an example, it is believed that Up to 50% of the average user’s mobile data is for ads and trackers, costing as much as $23 a month.

#2. Publishers Undying Wounds

BA believes Publishers are hurting. For instance, Google and Facebook take 73% of all ad dollars and 99% of all growth.

More so, over 600 million phones and desktops run ad-blocking. Very Painful. 😥

#3. Advertisers Loses

Basic Attention believes that the current system of Advertisers lack good information on what they are paying for.

Also, the marketers are often fooled by bogus websites and bots that commit fraud.

And even worse, advertisers are losing more because the targeting is poor, making users more likely to ignore ads.

 

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BAT WHITEPAPER – #15 REASONS YOU SHOULD HOLD BASIC ATTENTION BLOCKCHAIN PROJECT

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#1. Basic Attention Vision

Basic Attention believes that Digital advertising is broken.

That is to say, the marketplace for online advertising, once dominated by advertisers, publishers, and users, has become overrun by middleman” ad exchanges, audience segmentation, complicated behavioral and cross-device user tracking, and opaque cross-party sharing through data management platforms.

Users face unprecedented levels of malvertisements and privacy violations.

Mobile advertising results in as much as $23 per month in data charges on the average user’s data plan, slow page loads, and as much as 21% less battery life.

In response, over 600 million mobile devices and desktops (globally) employ ad-blocking software and this number is growing.

Traditional publishers have lost approximately 66% of their revenue over the past decade, adjusted for inflation.

Publishers face falling revenue, users feel increasingly violated, and advertisers’ ability to assess effectiveness is diminished.

The solution is a decentralized, transparent digital ad exchange based on Blockchain.

The first component is Brave, a fast, open source, privacy-focused browser that blocks third-party ads and trackers, and builds in a ledger system that measures user attention to reward publishers accordingly.

Brave will now introduce BAT (Basic Attention Token), a token for a decentralized ad exchange. It compensates the browser user for attention while protecting privacy.

To improve the efficiency of digital advertising requires a new platform and unit of exchange.

The first phase involves the roll-out of a new browser, Brave, a fast, open source, privacy-focused browser that blocks invasive ads and trackers, and contains a ledger system that anonymously measures user attention to accurately reward publishers.

The next phase involves the introduction of Basic Attention Token or BAT. It is a token for the decentralized ad exchange.

BAT connects advertisers, publishers, and users, creating a new, efficient marketplace.

The token is based on Ethereum technology, an open source, blockchain-based distributed computing platform with smart contracts.

BAT connects these major groups while removing social and economic costs associated with existing ad networks, e.g., fraud, privacy violations, and malvertising.

BAT plays the role of a dynamic payment system that rewards and protects the user while giving better conversion to advertisers and higher yield to publishers.

These cryptographically secure smart contracts are stateful applications stored in the Ethereum blockchain, fully capable of enforcing performance.

The token is derived from {or denominated by user attention. Attention is really just focused mental engagement on an advertisement, in this case}.

The ability to privately monitor user intent at the browser level allows for the development of rich metrics for user attention.

For example, it is known whether an impression has been served to an active tab, and measure the seconds of active user engagement.

Attention is measured as viewed for content and ads only in the browser’s active tab in real time.

The Attention Value for the ad will be calculated based on incremental duration and pixels in view in proportion to relevant content, prior to any direct engagement with the ad.

Also, BAT will define further anonymous cost-per-action models as the system develops.

Side Talk…

This is a crazy innovation if you ask me.

BAT + Brave is a great ground which will garnish massive support. And as a matter of fact, Brave browser recently reached a 1 Million download milestone.

So, while we are seeing a growth hack with the browser, a side by side growth will be looming for BAT.

#2. Value Via Basic Attention Token Technology

As already stated, the Basic Attention Token (BAT) is a token based on Ethereum, and so, it is an important element of a new marketplace.

Effectively, Ethereum is a distributed virtual machine that allows end users to construct smart contracts for transactions.

Smart contracts are stateful applications stored in the Ethereum blockchain. These contracts are cryptographically secure and can verify or enforce the performance of the contract.

As also stated, Token contracts are a standard feature of the Ethereum ecosystem.

Therefore, micropayments using BAT will be accomplished for the first stage deployment with the Brave Micropayments Ledger.

Each viewed ad will be verified at the browser using the BAM. This flow shows the conceptual flow of the BAT payments.

The flow of the BAT payments will not follow this chart precisely in first iterations of the BAT payment system as the payments will be regulated by the Brave ledger system, but the total effect will be the same.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

The high-level concept is the advertiser sends a payment in token along with ads to users in a locked state Xa.

As the users view the ads, the flow of payments unlocks, keeping part of the payment for their own wallet (Xu), and passing on shares of the payment to Brave (Xb) and passing the remainder on to the Publisher (Xa-Xu-Xb).

The BAT will, in early stages, be specifically tied to Brave browsers and Brave servers, along with verified publishers.

Ad fraud will be prevented or reduced by the publication of source code and cryptographically secure transactions.

Ads served to individual browser/users will also be rate-limited and tied to active windows and tabs.

Payments in BAT will be sent only to publishers, though a payment for viewing an ad on one publisher may be used at another publisher or kept for some other premium services supplied through the BAT system.

#3. BA Tokens for User Applications

As users are given access to some of the advertising spent in BAT, they will become an important and active part of the advertising and publishing economy, rather than the passive participants they are presently treated as.

While tokens can be donated to individual content providers and publishers, there are any number of use cases for the tokens.

An obvious use case is for very specific targeted advertising.

Many small businesses have modest requirements which may be well served by tokens they acquire through their normal browsing activities.

Users may also find new uses with low barrier to entry – highly targeted ads; personal ads targeting people of a religion or subculture for example.

Some publishers may have premium content they would ordinarily only offer to subscribers.

And of course, since subscription models are not typically favored by users on the internet, this could unlock new revenue for premium content providers.

Contents with BAT

Content may also be bought for friends using the token; if someone likes a premium article, they can make a micropayment to send it to three of their friends.

Higher quality content may also be offered to users for a BAT transaction.

For example, higher quality video or audio on an entertainment channel, or some kind of summary of headlines in a news source.

Video or audio content in a news or other information source may be restricted to people who pay a small micropayment.

Comments may be ranked or voted on using BAT tokens, similar to the thumbsup/thumbsdown” on some comment sections.

Comment votes backed by BAT may be given more credibility due to the fact that someone cared enough to back the comment with what would be a limited supply of token, as well as the fact that a token transfer can be verified as coming from real people rather than robots.

The right to post comments may also be purchased for some minimal payment, to cut down on abusive commenters.

Digital  Goods with BAT

Eventually, BAT may be used within the Brave ecosystem to purchase digital goods such as high resolution photos, data services, or publisher applications which are only needed on a one-time basis.

More so, custom news alerts may be offered as a service by news providers for a small payment of BAT within the ecosystem.

Such news alerts may be very valuable to individuals who are concerned with current events, financial news or some anticipated event.

#4. Value By BAT Advantage Matrix

BAT believes that the concept or the matrix they want to use is what will give them a greater fair advantage, let’s see some of them.

 

Present Ecosystem

 

BAT Token Ad Payments

 

User frustration over loading time

 

Fast loads

 

Walled gardens

 

Free software, open source infrastructure

 

Walled gardens

 

Free software, open source infrastructure

 

Screen clutter

 

Uncluttered Screen

 

Irrelevant ads

 

Ads tuned to user interests

 

Security issues

 

No malware

 

Viewability problems/attribution

 

Secure attribution/attention score

 

Advertiser uncertainty about delivery

 

Perfect delivery certainty

 

CPM/click based

 

Attention-based

 

Reader attention not valued

 

Reader is paid for attention

 

Publisher revenues lowering

 

Larger publisher revenues

 

Expensive ad buys due to middlemen

 

Efficient ad buys

 

Expensive ad buys due to middlemen

 

Efficient ad buys

 

User’s privacy violated

 

Perfect user privacy

 

 

MORE READS

SERIES #1 – BLOCKCHAIN GOSSIPS – Why you need to see to get there.

World Top 35 Bitcoin/Blockchain Tech Friendly Countries By Ranking

 

All right.

If you ask me which of the Blockchain Projects I can spend $650  out of $1,000 now on, I can boldly say BAT. I just love the ecosystem that want to build using BAT.

Let’s go on to see the amount of funding received during the Initial Coin  Offering.

AMOUNT RAISED DURING ICO

Basic Attention had what was termed as a successful Initial Coin Offering with Ethereum received standing at 156,250. That is 156,250 ETH.

Sorry, the team below will be chocked up because I want you to see all of their details. 

THE TEAM
 • Brendan Eich, CEO, co-founded Brave. Created JavaScript. Co-founded Mozilla & Firefox – On Twitter
 • Brian Bondy, Lead Developer, co-founded Brave. Previously: Khan Academy, Mozilla, Evernote – On Twitter
 • Scott Locklin, Senior Engineer, Co-founded Kerf Software. Machine Learning, Forecasting & Quantitative Finance.
Bradley Richter, Head of Design, Previously: EFI/Fiery, Co-creator: eBeam & Luidia, Percipo. Advising Circullio – On LinkedIn
• Catherine Corre, Head of Communications, Previously: AOL, Netscape – On Twitter
Marshall T. Rose, Senior Engineer, PhD from UC Irvine, co-creator of SNMP and was with the Internet Engineering Task Force – On LinkedIn
•  Brian Johnson, Senior Engineer, was previously at JD Power and Korrelate – On LinkedIn
• Luke Mulks, Senior Ad-tech Specialist, for technical incident response, investigation, support & issue resolution for ad tech and the Brave Browser.
•  Developing/advising on ad tech and tracking threats that Brave shields users from (pr/blog). Luke On Twitter.
•  Aubrey Keus, Senior Engineer, Previously: Pulse360 – On LinkedIn
• Yan Zhu, Senior Engineer, EFF Fellow. Previously: Yahoo, Tor Project, HTTPS Everywhere, and Privacy Badger – On Twitter

BAT COMMUNITY

• Twitter

Reddit

MARKET CAP AND VOLUME

As of the time of writing (ATW), the BAT market capitalization stands at $180,776,318; ~ $181 Mil

HOLDING ZONE

You can hold BAT as much as you want based on the terms that you like and follow their vision/attention which I think it might be the blockchain project of the future taking into consideration the Brave Browser integration.

ATW- the price of Basics Attention Token stood at $0.18.

Where to find BAT – Binance Cryptocurrency Exchange

 

HOW TO FIND/HOLD BASIC ATTENTION PROJECT (BAT)

➡ Transfer Bitcoin to Binance. From there, you can buy it…

Buying Steps: Using Coinbase & Binance (as a new user).

On Coinbase

#1. Create an account by Going to Coinbase.com/Signup

Make sure you see the interface below so that you won’t be phished before signing up.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

Go ahead and verify your account. Guide on.

#2. Deposit the amount in dollars you want to buy Basic AttentionToken.

#3. Use the deposited funds (money) and Buy Bitcoin or Ethereum on Coinbase

On Binance

#4. Create an account by Going to Binance.com/Signup

Make sure you see the interface below so that you won’t be phished before signing up.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#5. Login and Click on Funds, and to Deposit.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

Select coin/token to deposit & Choose a wallet (BTC or ETH). If BTC, a Bitcoin Wallet address will be shown.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#6. Copy the Wallet address to Coinbase.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#7. In your Coinbase account, paste the wallet address from Binance and send the amount in BTC you want to.

#8. After delivery/confirmation, Login to your Binance account, and go to Exchange (Basic or advanced)

#9. Select BAT/BTC. Enter the amount.

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

#10. Click on Buy. That’s all.

 

Summary

 

Blockchain Project

 

BASIC ATTENTION (BAT)

 

Project Type

 

Token

 

Platform

 

Ethereum

 

Proof Type

 

 

Country

 

United States

 

Launched

 

2017

 

White Paper

 

Link

 

Website

 

Link

 

Web Wallet

 

Yes

 

Hardware Wallet

 

Yes

 

Mobile Wallet

 

Yes

 

Video

 

Link

 

Current Price

 

$0.18

 

Exchange

 

Binance

 

Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

Pls Pin the interest Top_Blockchain_Projects__Status_(SNT)_&_Basic_Attention_(BAT)_001

TAKE HOME

Beginners Guide To Opening and A Coinbase Account; an A-Z Guide

Top 70 Best Cryptocurrency Tools (Android & Ios) For Regular & Die Hard Traders

CONCLUSION

It is hard to say we are no more in the Stone Age where things were burdensome and cruel.

Now, with the intonation and the revolutionary projects-the blockchain techs, you and I can get things done in a smarter and easier way – (BAT and SNT have shown it above).

Apart from that, you can hold a Blockchain project you think will give you a perfect ROI.

And that has to do with the engagement (community + team) and userability of the Blockchain projects.

Okay, so, this was all about it but they were actually 5 projects…3 in part 2.

So, be it as it may, I strongly believe the above projects; BAT is up to the game as much as Status; that is just for me.

And that is a wrap on the part #1. of the Cryptocurrency/Blockchain projects of the future; Top Blockchain Projects: Status (SNT) & Basic Attention (BAT)

Let me know if you have a comment below or another cryptocurrency/Blockchain project of the future.

Let’s grow together by sharing, thank you.

Part #2. of the Cryptocurrency/Blockchain projects of the future is coming up soon, but I think I might have to tell you about Blockchain Gossips because some of us might love that segment, this is how it goes.

To get it on, get this package free of charge!.

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