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How Risky is it to Invest in BAT in 2019?

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BAT
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After a bearish 2018, many investors were hoping that the cryptocurrency market will have a fresh start in the new year. The idea was to shake off the bearish grip and have another rally that will take digital coins back to the old glory, or possibly reach entirely new heights.

However, an entire month has passed since then, and the market has yet to show any real signs of recovery. Most cryptocurrencies are still trading in the red, which has caused investors to carefully consider their future investments and only focus on the coins that are the most likely to have a prosperous future.

While the crypto market is vast and it consists of over 2,100 coins and tokens at this point, there are some of them that are attracting more attention than the others. Stepping away from the top 10 cryptocurrencies by market cap, a lot of investors are interested in what to expect from Basic Attention Token (BAT)?

About BAT

BAT is a coin that is currently being used within Brave browser, with the goal of revolutionizing the way different companies interact with their consumers. BAT has promised companies the possibility of changing how online advertising works, and the change is expected to be highly beneficial to everyone involved.

So far, companies that wanted to advertise their products or services online had to go to large, established websites, including social media sites like Facebook, search engines like Google, or video platforms like YouTube, among others. These websites would receive payments, and in return, they would advertise the companies to their consumers.

The trouble lies in the fact that consumers were not interested in viewing ads, and had no real incentive to do so. Brave hopes to change that by blocking the ads by default and providing users the ability to watch them only when they want to. In return, they get paid in BAT token.

The idea was interesting to the community and companies alike, and many have opted to abandon browsers such as Firefox or Chrome and use Brave instead. However, the ability to view ads and get paid has yet to be fully implemented, although it is expected that it might happen at some point in 2019.

Once the coins start coming in, they can be used for tipping various online content creators and users’ favorite websites. Brave will also allow the withdrawal of the coins, which can then be exchanged for other tokens or fiat currencies, although it will likely be a while until this feature is included.

Is BAT a good investment?

So far, we have seen that BAT has an excited community and an interesting use case. In addition, it has the potential to revolutionize the entire advertising industry, which makes the coin very valuable in the eyes of companies and consumers alike.

It should be noted that the development of the project has been advancing relatively slowly in recent months, with a lot of issues that needed taking care of. Even so, the project is advancing, and more users are discovering BAT and Brave every day. With an expanding community and growing support, BAT is likely a coin that will become quite popular in the future, provided that all the systems and features arrive.

As such, it may be considered a good long-term investment. If the project kicks off later in 2019, the same might happen to BAT’s price. The price is currently rather low, being only $0.109612 per coin. BAT’s market cap is currently at $134,817,358, which has placed it at the 37th spot on CoinMarketCap’s list of largest cryptocurrencies.

However, as mentioned, BAT still has the potential to grow, which is likely to happen once it starts delivering the promised features.

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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

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Positive Crypto Price Trend Moves VeChain (VET)

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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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