Basic Attention Token [BAT] is a utility token defined to account for human attention, says Brave CFO

2019-3-29 17:30

During an Ask Me Anything [AMA] session on Reddit, Holli Bohren, the CFO of Brave, addressed the community’s queries pertaining to Brave, including topics such as advertising on the platform and the Vertamedia vs Bitsize Networks case.

StrosPartison, a Redditor, asked Holli Bohren about the steps taken by Brave to help advertisers [conservative corporate] feel “comfortable acquiring and managing a crazy cryptocurrency such as BAT.” To this, the CFO stated  that advertisers did not have to buy and manage BAT directly for publishers who can be paid in different currencies

This was followed by Distant View, another Redditor, inquiring about the percentage of Brave employees who get their salary in BAT. To this, Holli Bohren said that there were no employees being paid in BAT in “lieu” of salary.

Daeg83 asked,

“I know from reading the faq on the .org that the team is very against calling it currency or a security. It’d be insane to think the team isn’t planning on an iTunes/play store competitor for books movies and music. Do you see that incorporation as a challenge? Is that somewhere in the roadmap?”

Holli stated that Basic Attention Token was a utility token, “defined to account” for human attention. She also said that they would be adding support for other digital assets, and would also make them usable for average folks’ different e-commerce purposes.

The next question pertained to the Vertamedia LLC vs Bitsize Networks case. According to Redditor Mcin5175, Bohren claimed that Vertamedia provided fraudulent traffic and refused to pay its invoice. The Redditor went on to state,

“You were the COO/CFO at the time. The court later ruled in Vertamedia’s favor for breach of contract and they won their unpaid invoices. However, it took that company almost 2 years to recoup the money you refused to honor. Any comment at all?”

Source: Reddit

The post Basic Attention Token [BAT] is a utility token defined to account for human attention, says Brave CFO appeared first on AMBCrypto.

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Basic Attention Token (BAT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.2872
Капитализация $0 Rank 99999
Цена в час новости $ 0.2843 (-100%)

brave token attention cfo bat basic bohren

brave token → Результатов: 98


How To Earn Basic Attention Token (BAT) While Using Brave Browser

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2019-3-21 15:43


Basic Attention Token (BAT) Price Prediction 2019 – Can BAT Be The Hit Token of This Year?

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2019-3-14 19:55


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2019-3-10 10:46


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20 млн. скачиваний: Может ли браузер Brave стать «убойным» криптовалютным приложением?

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2019-3-6 08:00


В сервисе Coinbase Earn появилась возможность зарабатывать BAT

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2019-2-7 21:50


Coinbase добавила на свою обучающую платформу токены BAT

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2019-2-7 16:24


Can Brave’s Basic Attention Token Take On Patreon?

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2018-12-27 22:31


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Coinbase doubled its cryptocurrency lineup in 2018 — and that’s just the beginning

With yesterday’s addition of Zcash (ZEC), popular exchange service Coinbase has more than doubled its cryptocurrency lineup in 2018 – and by the looks of it, the trend is here to stay. Up until August, Coinbase supported a narrow inventory of cryptocurrencies on its flagship desktop and mobile apps, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), the last one of which was added last December.

2018-12-6 20:26


Basic Attention Token (BAT) Price Rises With New Brave SpeedReader Blockchain Browser Features

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2018-11-17 18:08


Circle Lists Basic Attention Token (BAT) Just Days After Coinbase

Following Coinbase Listing, Basic Attention Token (BAT) Gains Traction On Circle Circle Invest, Boston-based Circle’s crypto asset-centric platform, has just revealed that it will be adding Basic Attention Token (BAT), the Brave Browser’s altcoin of choice, to its so-called “Invest” platform, which, in many respects, is similar to Coinbase Consumer (Coinbase.

2018-11-12 04:04


Basic Attention Token Nosedives 20% Amidst SEC Crackdown Concerns

The native cryptocurrency token powering the Brave browser, Basic Attention Token, has fallen 20% overnight over concerns stemming from the SEC’s recent crackdown. BAT Faces Deep Correction After Coinbase Listing Surge While Bitcoin and much of the rest of the cryptocurrency market continue to struggle to break out through long-term downtrend resistance, Basic Attention Token.

2018-11-9 20:00