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Basic Attention Token (BAT) and Digibyte: Perspective in a mad market

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Basic Attention Token Digibyte
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It takes a lot of confidence (and self-assurance) to keep holding your cryptocurrencies when most of them have lost more than 90% in value for eleven months straight. Holding is a doubtful option for many investors in the current market. Yes, it’s bounced back a bit nicely today but things have been ‘bloody’ till yesterday.

And of course, we can’t label only one day’s greenery as a trend. Newcomers are not exactly excited to put their money into the current crypto market. Not all fears are strictly irrational.

The current debacle is serious enough for many cryptocurrencies to fail and never bounce back. The main reason behind those failures will be a lack of competitive advantage through use cases and applications for their blockchains. But some projects will eventually thrive because they have what it takes.

The investors that can identify those projects could hit a mine gold in the not-so-far future. We’ll talk about two candidates for that in this article: Digibyte (DGB) and the Basic Attention Token (BAT). Let’s see these couple assets in some detail.

Basic Attention Token (BAT)

The brave browser’s main focus is advertising. Since publicity is unavoidable for any web surfer in the world, why not make it more efficient and convenient for both the advertiser and the user?

That’s the point in brave. With this browser’s approach to ads, advertisers get value for their money while users don’t feel they’re uselessly nagged all the time.

It eliminates the need for ad-blockers. It’s been successful, and it’s gaining adoption at the rate of millions per month. And BAT is the token that makes this software work. Because BAT is the coin making this happen and the browser is expanding in all markets, the token’s value can only increase in the future.

It’s already supported by many of the world’s largest exchanges (Coinbase, for instance). That will facilitate high trade volumes for a useful asset. Taking both things into consideration, you can only conclude that this is a project that will work long-term as it holds a huge potential. The benefits outweigh the present market fluctuations by far.

Digibyte (DGB)

No new investor will be attracted by the current year’s Digibyte’s price history. But for the more experienced players who base their decisions in a fundamental analysis (read, intrinsic value) instead of technical analysis (price only), it’s an asset that should be considered for inclusion in a long-term portfolio. Digibyte never held an ICO (which means it won’t be declared a security) and a committed community drives it.

Both things guarantee that no clique of manipulators can move the market at will to scam other investors. This is a blockchain that will be around as long as any blockchain at all is relevant. It’s valuable because it’s trustless and uncensorable. You can probably say that about any blockchain that’s implemented correctly, but that’s not all.

This coin and project have relevant use cases for valuable industries, and that’s what is going to give it a very long life within the cryptoverse. Think about cybersecurity. It will only grow more important as digitalization keeps moving forward all around the planet and Digibyte is at its center.

DGB’s value (and price) will only grow along with the cybersecurity industry as time goes by. It presents an excellent opportunity to buy cheap and hodl before FOMO arrives when it becomes a bullish market (that has already started as we write this article).

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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.

Image Courtesy of Pixabay.

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

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Aluna.Social
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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,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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