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5 Reasons Why BAT is A Good Investment

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BAT

In their search for the next great investment opportunity, people often tend to run into Basic Attention Token (BAT). A lot of investors have developed a significant interest in the coin, and are wondering if things are truly as good as they seem.

With so many scams and fake coins out there, as well as bad investments that seem good at first, it is a good idea to be skeptical. However, in the case of BAT, many agree that the coin is an excellent investment that should not be missed or overlooked. So, today, we will discuss why this is, and why you should add BAT to your investment portfolio.

1. The project’s goal

BAT has a goal to solve a problem that all of us are already very familiar with, and that is the issue of online ads. For a lot of people, ads are annoying, often irrelevant, and they tend to pop up in all the wrong moments. No to mention that they are intrusive, advertisers steal or buy your private data in order to process it and target you with more appropriate ads, and more.

Most people choose to deal with this by installing ad block extensions. However, what if there is a better way to go around it?

This is where BAT comes in. The project uses its technology to solve this problem by blocking ads unless users decide to interact with them by choice. When that happens, you get rewarded for participation with BAT tokens, which you can spend later on.

In the end, the project cuts out the middleman in the process of advertising, which is usually a large company such as Facebook, Google, and alike.

2. An established web browser — Brave

While BAT is a project that received a lot of attention, the fact that it comes already integrated into a functioning web browser called Brave Browser is certainly helping. Brave is a browser that was launched in January 2016, and it has millions of users already. Considering that BAT did not arrive before May 2017, this gave Brave over a year to establish a presence, which is exactly what it did.

The browser is gaining popularity fast, and it surpassed 3 million users in July of this year. It is fast, open-source, it blocks ads, keeps users’ privacy private, and rewards them for participating in advertising. In addition, it is available for Mac, Linux, Windows, as well as iOS and Android.

3. Partnerships

In less than three years that the browser exists, it managed to make some pretty important partnerships. The first big one was with DuckDuckGo, a known search engine that is one of Google’s rivals, in December 2017. After that, BAT announced a new partnership with Dow Jones Media Group in April 2018. The goal of this partnership is to allow users easy access to premium content, as well as to test payments done via blockchain.

Only a month later, in May, Brave partnered up with TownSquare Media. The partnership was made in order to test the use of BAT platforms for payments even further, as well as to re-engage ad-blocking users. In the meanwhile, BAT works with over 400,000 wallets, 11,000 YouTube channels with 180 million subscribers in total, and is always looking for additional publishers, creators, and features.

4. BAT was listed on Coinbase

Everyone familiar with the crypto space knows that Coinbase is one of the exchanges that most cryptos would do anything to get listed on. Unfortunately, the exchange was always quite picky when it comes to accepting coins, and it only ever listed a handful of them. In early 2018, they announced that this will change soon, and throughout the year, the exchange expressed interest in numerous altcoins.

Of course, all of them needed to be properly researched first. Coinbase needed to confirm that they are safe and a good project that will actually attract investors. While the exchange ended up researching and considering a lot of coins, most of them are still in the air. However, BAT is among the first ones to actually get listed. The adoption was done quite recently, but it still did happen, which means that BAT managed to pass Coinbase’s strict inspection. Many believe that the fact that this coin is good enough for Coinbase has to mean that it is good enough for everyone else.

5. Coin’s performance

BAT is a coin that attracted attention as soon as it came out. It is an Ethereum-based token which managed to generate over $35 million and was initially sold within 30 seconds. On its first day, it became the 25th largest coin by market cap, and it is close to that position to this very day. Right now, it holds the 29th place, although many believe that it will rise up on the list in due time.

Its current price is still relatively low, at $0.213304 per coin. However, it should be noted that the coin managed to survive the bear market of 2018, and the mentioned price and rank are after suffering bear attacks for the most part of the year. All in all, the coin was doing rather well ever since its ICO, and the goal of the project is not something that will become obsolete anytime soon. Because of that, BAT is one of only a handful of altcoins from outside of top 10 that you can safely invest in, knowing that it is the right move to make.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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