Topic: BAT - Basic Attention Token ICO (31-5-17)- Worth Investing? - page 33. (Read 65233 times)
well they say its a hard cap of 24 million but that just isnt true, they decided to lock in the average price of ethereum from a few days ago which was in the 150-160 range, the plan is to raise 156,250 ether, do the math at current price of ether thats over 35 million dollars, welcome to the new hard cap range.
Compared to the valuations of other successfully funded projects this is a no-brainer.
They already have a product (their browser is REALLY good on android - try it yourself!) and a VERY popular person behind it.
The token may 10x very quick.
They already have a product (their browser is REALLY good on android - try it yourself!) and a VERY popular person behind it.
The token may 10x very quick.
The guy behind BAT: https://en.wikipedia.org/wiki/Brendan_Eich
It's going to be sucessful, I just don't have enough experience to predict how market will react etc...
It's going to be sucessful, I just don't have enough experience to predict how market will react etc...
ICO is tomorrow, bump to get discussion started. Are you guys going in ?
Any tips ?
Any tips ?
I'm going in, and here's possibly the best tip you'll ever get with current crypto market...its a bull market running on illogical fomo...which is good for anyone with logic. Just ride the bubbles up and down.
Obviously because they never ran a BITCOINTALK thread there's limited out there, but the guy created java and partially Firefox so you know hrs got the connections and likely the skills to pay the bills.
If golem sold almost 9 m or something in 30 minutes...and with mobilego just proving that the DAO might have scared people awaybfor a bit but not indefinitely with $53m raised, I think it's possible BAT sells out wuickly.
I'll be investing a decent chunk...gonna liquidate KMD and try to buy back in eventually
what does kmd stand for?
WHat is that ABI link?
https://basicattentiontoken.org/token-address-mainnet/
ABI Link (Mainnet)
BAToken.abi
https://basicattentiontoken.org/token-address-mainnet/
ABI Link (Mainnet)
BAToken.abi
ICO is tomorrow, bump to get discussion started. Are you guys going in ?
Any tips ?
Any tips ?
I'm going in, and here's possibly the best tip you'll ever get with current crypto market...its a bull market running on illogical fomo...which is good for anyone with logic. Just ride the bubbles up and down.
Obviously because they never ran a BITCOINTALK thread there's limited out there, but the guy created java and partially Firefox so you know hrs got the connections and likely the skills to pay the bills.
If golem sold almost 9 m or something in 30 minutes...and with mobilego just proving that the DAO might have scared people awaybfor a bit but not indefinitely with $53m raised, I think it's possible BAT sells out wuickly.
I'll be investing a decent chunk...gonna liquidate KMD and try to buy back in eventually
Somewhere in the whitepaper, I read that and I quote "Unused BAT after 6 months will be sent back to the user growth fund which can
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
Only the rewards to early adopters are returned to the growth fund after 6 months. The BAT tokens you actually buy at the ICO belong to you no matter what. Read it again.
Having said that though, this ICO might be profitable and the developers seem to have merit, but there are a lot of setbacks for it to become mass adopted. I'll personally stay away.
So what this means is, 300m tokens or approx $12m (@current ETH) will be set aside for giving to newbies as incentives, up to 5 per user, and I think they have to be used for the platform so you can't trade the 300m tokens on exchanges, but the other billion from the ICO you can trade and hold indefinitely
ICO is tomorrow, bump to get discussion started. Are you guys going in ?
Any tips ?
Any tips ?
How do I get this token?
I have some ETH in my JAxx wallet, will I get BAT tokens when I use my JAXX wallet to send for example 0.8 ETH to the BAToken (Mainnet 0x0D8775F648430679A709E98d2b0Cb6250d2887EF) wallet?
I have some ETH in my JAxx wallet, will I get BAT tokens when I use my JAXX wallet to send for example 0.8 ETH to the BAToken (Mainnet 0x0D8775F648430679A709E98d2b0Cb6250d2887EF) wallet?
Somewhere in the whitepaper, I read that and I quote "Unused BAT after 6 months will be sent back to the user growth fund which can
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
Only the rewards to early adopters are returned to the growth fund after 6 months. The BAT tokens you actually buy at the ICO belong to you no matter what. Read it again.
Having said that though, this ICO might be profitable and the developers seem to have merit, but there are a lot of setbacks for it to become mass adopted. I'll personally stay away.
So there is a last minute change ??
Now it ends at 24 million instead of 15 million ?
And the total token are 1.5 billion,
1 billion for the ico participants.....was that the same before ?
Personally im disappointed,
you present a price to your customers and then you nearly double it just before the sale
just because a lot of money got pumped into the market some weeks before
...and the clever people would even say that this is better for the project and the investors, like they always do in similar cases
That was not Brave at all dear Brave team .... that is greed
Now it ends at 24 million instead of 15 million ?
And the total token are 1.5 billion,
1 billion for the ico participants.....was that the same before ?
Personally im disappointed,
you present a price to your customers and then you nearly double it just before the sale
just because a lot of money got pumped into the market some weeks before
...and the clever people would even say that this is better for the project and the investors, like they always do in similar cases
That was not Brave at all dear Brave team .... that is greed
It's true. I agree with your opinion in some aspects. Since the ETH is pumping, the price of the ico is getting higher. I would like to participate the BAT at first, but now I change my mind when the crowdsale details were changed.
Somewhere in the whitepaper, I read that and I quote "Unused BAT after 6 months will be sent back to the user growth fund which can
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
You maybe right after reading the white paper, you lose it after 6 months if its unused?? Search 'return' on your find.
https://basicattentiontoken.org/wp-content/uploads/2017/05/BasicAttentionTokenWhitePaper-3.pdf
becouse the tokens shuld be liquid. it make sens, but is not for price speculations.
Somewhere in the whitepaper, I read that and I quote "Unused BAT after 6 months will be sent back to the user growth fund which can
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
You maybe right after reading the white paper, you lose it after 6 months if its unused?? Search 'return' on your find.
https://basicattentiontoken.org/wp-content/uploads/2017/05/BasicAttentionTokenWhitePaper-3.pdf
Somewhere in the whitepaper, I read that and I quote "Unused BAT after 6 months will be sent back to the user growth fund which can
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
then be used for new users"
Does that mean, I must sell my token before the expiry of six months...
What are their plans for token release and listing?
BAT is hot, but maybe not very profitable. I think Patientory is better.
Yeah that last minute change is dissapointing me too...
There are a lot ICO's last time which are so messed up....looks like the owners doesnt give a fuck and want the money
There are a lot ICO's last time which are so messed up....looks like the owners doesnt give a fuck and want the money
So there is a last minute change ??
Now it ends at 24 million instead of 15 million ?
And the total token are 1.5 billion,
1 billion for the ico participants.....was that the same before ?
Personally im disappointed,
you present a price to your customers and then you nearly double it just before the sale
just because a lot of money got pumped into the market some weeks before
...and the clever people would even say that this is better for the project and the investors, like they always do in similar cases
That was not Brave at all dear Brave team .... that is greed
Now it ends at 24 million instead of 15 million ?
And the total token are 1.5 billion,
1 billion for the ico participants.....was that the same before ?
Personally im disappointed,
you present a price to your customers and then you nearly double it just before the sale
just because a lot of money got pumped into the market some weeks before
...and the clever people would even say that this is better for the project and the investors, like they always do in similar cases
That was not Brave at all dear Brave team .... that is greed
It's true. I agree with your opinion in some aspects. Since the ETH is pumping, the price of the ico is getting higher. I would like to participate the BAT at first, but now I change my mind when the crowdsale details were changed.
Stay away
Their new announcement was totaly disaster IMO.
If somebody want to check it out:
https://basicattentiontoken.org/bat-funding-increase-and-smart-contracts/
Last Crowdsale details:
We are raising ETH equivalent of $24 million with the token sale.
A cap of 1.5 billion tokens is targeted. The distribution at the cap level is as follows:
Tokens for token sale: 1 billion
User growth pool: 300 million
BAT development pool: 200 million
If somebody want to check it out:
https://basicattentiontoken.org/bat-funding-increase-and-smart-contracts/
Last Crowdsale details:
We are raising ETH equivalent of $24 million with the token sale.
A cap of 1.5 billion tokens is targeted. The distribution at the cap level is as follows:
Tokens for token sale: 1 billion
User growth pool: 300 million
BAT development pool: 200 million
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