/biz/ - Business & Finance

Ok, I am going to tell about 2 projects I really liked, Brave browser [made by the creator of fire-fox] and Pi coins [made by a team of professors from Stanford. If you liked, download brave here [Yes, I will receive a small tip] https://brave.com/art014 , you can also tip my fake channel at youtube https://youtu.be/IecoXOmnuMg
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The "Basic Attention Token" (BAT) is an open-source, decentralized ad exchange platform based on Ethereum.[18]

Brave Payments, which formerly used Bitcoin, allows users to tip websites and content creators (such as YouTubers and Twitch streamers)[19] with BAT tokens, akin to patronage services such as Patreon.[20]

Integration of BAT into an application involves implementing BAT Ads, a system that displays ads to users based on locally stored data. Ad targeting is performed locally, removing the need for third-party tracking.[21]

In an initial coin offering on May 31, 2017, BAT sold 1,000,000,000 BAT for a total of 156,250 Ethereum (US$35M) in less than 30 seconds.[18][22] An additional 500,000,000 BAT was retained by the team for developer and user growth pools, which is used to promote the adoption of the platform.[18]

Additionally, they received at least US$7 million in angel investments from venture capital firms, including Peter Thiel's Founders Fund, Propel Venture Partners, Pantera Capital, Foundation Capital, and the Digital Currency Group.[23]

In early December 2017, the development team disbursed the first round of its user growth pool grants. A total of 300,000 BAT was distributed to new users on a first come first served basis.[24][25]
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