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5 Reasons Why BAT is A Good Investment

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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

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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