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DAPP ANNOUNCEMENTBrave Expands Basic Attention Token (BAT) Platform to YouTube (basicattentiontoken.org)

submitted by CryptoJennie

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[–]Jzargos_HelperMoon 46 points47 points  (18 children)

Every time Brave is mentioned I feel the urge to tell everyone that the Brave mobile browser (iOS) is great. I’ve been using it exclusively for about a year at this point and it’s phenomenal.

I am hype about BAT and the rest of their work but I feel the actual browser aspect gets forgotten about sometimes.

[–]MalcolmTurdballInvestor 23 points24 points  (11 children)

Mobile browser is awesome. Desktop one still sucks unfortunately.

[–]Jzargos_HelperMoon 4 points5 points  (0 children)

That has been my experience so far as well.

[–]anex98Ethereum Hodl'r 4 points5 points  (7 children)

I think the desktop is better than mobile. To each their own.

[–]WeLiveInaBubblewelive.eth 2 points3 points  (1 child)

I guess you don't usually use Chrome extensions.. At least that was my issue with it a while ago in that a lot of them didn't work.

[–]anex98Ethereum Hodl'r 1 point2 points  (0 children)

You would be correct. However there are devtool features that are missing from the browser that would really be nice.

[–]MalcolmTurdballInvestor 0 points1 point  (4 children)

It barely works for me on desktop, tonnes of bugs. Not even starting up right now, for example.

[–]anex98Ethereum Hodl'r 0 points1 point  (1 child)

I use Windows seven.

[–]MalcolmTurdballInvestor 1 point2 points  (0 children)

Just dl'd new version and it works well again.

[–]CryptoJennie[S] 0 points1 point  (1 child)

Are you sure you are running the latest version? Might be worth trying to download it fresh from the website again www.brave.com. The new versions seem to be working nicely for most people, but of course it's still very much under development!

[–]MalcolmTurdballInvestor 1 point2 points  (0 children)

Ah, you're right. Fuckloads better, thanks!

[–][deleted] 0 points1 point  (0 children)

same

[–]OqQfgvg0qk4yJazNYY8A 2 points3 points  (0 children)

I use the mobile browser for sites with cancerous mobile ads.

[–][deleted] 2 points3 points  (0 children)

I was stunned by how much data I saved switching to Brave on my android.

Battery last longer too.

[–]billykingggKraken fan 1 point2 points  (1 child)

since you mentioned iOS here, am I the only who cant open 4chan/biz on iOS brave ?

[–]Jzargos_HelperMoon 0 points1 point  (0 children)

Well I just checked on my phone and I couldn’t even get on to 4chan without dropping the shields. Then I couldn’t navigate the website at all even with shields down. Very strange. I used to do a lot of mobile 4chan when I had an Android because of the apps but when I switched back to iPhones I stopped because I hated the mobile site.

Having such a popular website unusable is pretty disappointing though.

[–]mthilliardEthereum fan 1 point2 points  (1 child)

i dl'd it but most of the time it was so blurry/unfocused that it was unusable. Also it was pretty slow

[–]CryptoJennie[S] 120 points121 points  (18 children)

This is huge in light of the recent YouTube demonetization situation. For example, see Electroboom's (1.2M subs) video from 23hrs ago about the ongoing demonetization situation.

People who use the Brave browser (over 1M+ downloads on Android, plus many more on macOS, Windows, Linux and iOS) and opt into the Brave payments program will now automatically donate to YouTubers when they view YouTube videos anywhere on the net. The Brave browser and Basic Attention Token platform were created by the inventor of Javascript and Mozilla Firefox. It's his latest project to address the problems facing digital advertising and demonetization.

The browser will automatically identify whose videos you've watched anywhere on the web, and in proportion to how much you've watched, it will dispatch part of your monthly Patreon-style contribution amount to the YouTube content-creator. (You can also manually adjust how much you would like to give to various channels.) All of this is done locally to completely protect your privacy.

To learn more about the platform, take a look at the introduction post on the official Basic Attention Token subreddit /r/BATProject: INTRODUCTION POST.

Edit: News story hit CNET: https://www.cnet.com/news/brave-browser-lets-you-pay-your-favorite-youtube-stars/

Edit: Check out the Brave creators page: https://brave.com/creators/

Edit Nov 17th: News just hit Engadget: https://www.engadget.com/2017/11/17/brave-browser-donate-youtube/

[–]Faceh 68 points69 points  (13 children)

Interesting thought: if big name youtubers catch on that the Brave Browser can help them circumvent demonetization, then they will likely start advertising the browser on their channels, pushing adoption of the browser and increasing the value of the tokens.

[–]CryptoJennie[S] 35 points36 points  (4 children)

That's the plan ;).

Edit: Community aspect of plan engaged. https://www.reddit.com/r/BATProject/comments/7dfa22/youtube_demonetization_batbrave_awareness/

[–]Faceh 8 points9 points  (1 child)

That'd be some tasty symbiosis.

[–]CryptoJennie[S] 2 points3 points  (0 children)

Community awareness campaign for YouTube demonetization engaged: https://www.reddit.com/r/BATProject/comments/7dfa22/youtube_demonetization_batbrave_awareness/

[–]CryptoversalRedditor for 12 months. 2 points3 points  (3 children)

Wouldn't Google then ban from youtube anyone who does that? Or are demonetized channels producing zero ad revenue?

[–]ThePriceIsRight10,000,000 7 points8 points  (2 children)

That's my thought as well, demonetized videos still have advertisements and make youtube money. It's just the content creators who get stiffed. Take away those ads and now youtube has no incentive to host your videos.

[–]ETH_Tildaredditor for 2 months 2 points3 points  (1 child)

No. In that case YouTube is equal to a publisher and would get rewarded as well from you or trough ads. Google, in that case, is not acting like a middleman.

[–]CryptoversalRedditor for 12 months. 0 points1 point  (0 children)

Awesome.

[–]ThePriceIsRight10,000,000 1 point2 points  (1 child)

Another interesting thought, youtube will close their channels if they circumvent demonetization and remove ads in favor of donations (youtube will be making 0 money, no incentive to host their videos).

[–]mthilliardEthereum fan 0 points1 point  (0 children)

so then they post on LBRY lol

[–]tnpcook1Ethereum fan 2 points3 points  (0 children)

This definitely made me envious of BAT holders. I'm gonna buzzard it for the next couple days.

[–]CryptoJennie[S] 45 points46 points  (2 children)

News story hit CNET: https://www.cnet.com/news/brave-browser-lets-you-pay-your-favorite-youtube-stars/

[–]itshappening99 2 points3 points  (0 children)

Are you an employee of this company or being compensated by them in any way?

[–]greedo 0 points1 point  (0 children)

Auto compose an email blocked? WTF

[–]DemonTree07Poloniex fan 14 points15 points  (16 children)

Excellent work. One question though, does youtube get a fraction of the revenue too? They host the video and if they are being denied revenue, it might not sit well with them.

[–]polezo 14 points15 points  (5 children)

They don't get any revenue from Patreon either, but that's not been an issue. Although with Brave's adblocking I agree this could be much more contentious. Patreon certainly doesn't intentionally block YouTube ads like Brave does.

[–][deleted] 2 points3 points  (4 children)

Very contentious, but what can YouTube/Google actually do about it?

[–]polezo 7 points8 points  (1 child)

IDK, maybe they have none. Lots of publishers are trying to sue Brave for similar reasons, but I don't know how good of standing they have. If/when Brave gets high adoption I think this will come to a head and it could set some of the earliest legal precedents in the Web 3.0 crypto-ecosystem.

[–]ThePlague.............................. 4 points5 points  (0 children)

Well, there is some legal precedent from the early days of the web, namely framing deep links. That was found to be violation of IP, and companies that tried to make a business out of it had to pay the content providers. Consequently, they went under.

[–]Sagan_on_RoidsDeveloper 4 points5 points  (0 children)

In order to verify YouTube creators with our Brave Payments system, we use the OAuth standard.

YouTube could disable Brave's OAuth credentials.

[–]doritosNachoCheeseFan 0 points1 point  (0 children)

If YouTube can't do anything about adblock like browser extensions, I doubt they'll be able to do anything against Brave. The only thing I can think of is that Google should 'invent' their own coin to partly replace or exist side-to-side with their ads.

[–]chedrich446 7 points8 points  (0 children)

This is the elephant in the room. If this catches on it could start eating away at YouTube/Google’s ad revenue and I️ don’t see them just standing by and allowing it.

[–]itrade9 10 points11 points  (6 children)

From my understanding.... This particular update is to do with contributions/donations directly to YouTubers. This has nothing to do with YouTube's ad-revenue stream and therefore does not impact them in any way.

[–]polezo 5 points6 points  (5 children)

This has nothing to do with YouTube's ad-revenue stream and therefore does not impact them in any way.

Except for the fact that Brave intentionally blocks all ads that aren't BAT based, including YouTube's. That was true before this update too, of course, but to say it doesn't impact YT in any way feels a little off-base to me.

[–]itrade9 7 points8 points  (4 children)

I don't think you understand what this update means. Blocking ads vs donating BAT to your favourite YouTuber are two completely separate things.

You can block YT ads on Brave just like how you can block them using adblock. You can also allow YT ads on Brave, just like how you can allow them using adblock. This is a completely different function that you are referring to and has nothing to do with being able to contribute BAT to your favourite YT channels.

If Brave blocks YT ads, while replacing them with their own ads, then yes that would impact YT....

[–]polezo 0 points1 point  (1 child)

Blocking ads vs donating BAT to your favourite YouTuber are two completely separate things.

At the very least they are at a least tangentially related. At present this system allows you to only pay BAT through Brave. Hence if a user wants to use this system to support their favorite YouTuber, they will be switching to Brave to do so, and then YouTube can't serve the same user ads. It makes a difference that on Chrome you have to actively opt in to get adBlocking, while it is the de facto standard on Brave.

I'm not saying YouTube will have an issue with this per se, just saying it could potentially be contentious. Perhaps if they included Metamask as an option to donate BAT (and thus allow to user to keep using Chrome or FF) it would be less so, but that is currently not the case.

[–]itrade9 1 point2 points  (0 children)

Yeah it is true that Brave blocks ads by default vs having to opt in adblocking on Chrome. However, my point was that being able to donate BAT directly to a YouTube channel as a feature on it's own merit does not impact YouTube's ad revenue. What a user decides to do with their browsing habits on Brave is up to them IMO.

That being said... Obviously Brave is in direct competition with Google and aims to gain some of their online advertising marketshare. As long as they partner with publishers and advertisers who are willing to adopt Brave ads, then there is nothing contentious.

If they start blocking YT ads and Google search ads then replacing them with their own Brave ads without Google agreeing to be a publisher, then yeah that would be contentious.

[–]BItcoinFonzieJust go to 12k already 0 points1 point  (1 child)

So not only will Brave pay Youtubers that YouTube won’t, Brave will also ad-cuck YouTube as well?

I think there is some separation though- Youtubers who are getting paid YouTube shekels won’t opt in to BAT, those that aren’t monetizing won’t have ads on their videos anyhow yes/no?

[–]itrade9 0 points1 point  (0 children)

Nope Brave doesn't pay Youtubers, users do... if they wish!

As a user I can fund my BAT wallet and allocate donations to websites/publishers and content creators (YouTubers).

Eventually, I will be able to earn BAT for free just from browsing the Internet and opting into Brave ads. So as long as I am willing to view ads, I get paid in BAT. I can then send BAT to exchange and convert to btc/alts/fiat or donate it to websites/youtubers or a little bit of both.

[–]Scoobytwo 3 points4 points  (1 child)

It's similar to a Patreon model, which Youtube hasn't had issue with in the past, I don't think.

[–]chedrich446 1 point2 points  (0 children)

Patreon doesn’t block ads

[–][deleted] 9 points10 points  (0 children)

Shit dude, that's amazing

[–]DaLucovic3 - 4 years account age. 100 - 200 comment karma. 27 points28 points  (5 children)

This is big.

[–][deleted] 6 points7 points  (1 child)

It's great to see that Brave is doing everything it can do the right way. The biggest problem is adoption. If they can reach a critical mass, this will go viral! In the past I have not given much weight to the probability of that happening, but it may be possible with traditional monetization techniques failing.

[–]ProFalseIdol 1 point2 points  (0 children)

High probability with Brendan Eich

[–]ialwayssaystupidshit- 8 points9 points  (0 children)

I would like to encourage everyone to load up their Brave account with 300 BAT tokens. I'm sure most you guys can afford it with the gains you've made in crypto and this is an actual use case which can push adoption and shows off this technology elegantly.

[–]yea_nope 14 points15 points  (0 children)

Lets get the attention of some youtubers, I vote @CaseyNeistat .

[–]Cryptonair 11 points12 points  (0 children)

Yuge if big.

[–]TigerXtrm 5 points6 points  (0 children)

Holy shit this is huge news. Nice work, Brave team!

Now to get people to start using it.

[–]PatatooBull 15 points16 points  (0 children)

This is actually amazing

[–][deleted] 10 points11 points  (9 children)

Where Which exchange allows me to buy BATs?

[–][deleted] 9 points10 points  (1 child)

Etherdelta or Bittrex

[–]SpaceLordMothaFuckaup up and awaaaay 12 points13 points  (0 children)

Recently added to binance too!

[–]miyayesRedditor for 9 months. 4 points5 points  (6 children)

Bittrex, Binance and Liqui right now are the main crypto exchanges that trade BAT. https://coinmarketcap.com/currencies/basic-attention-token/#markets

You can also buy it directly with fiat through Uphold.

[–]shootfirstasklater 6 points7 points  (0 children)

I think the partnership with Uphold is often overlooked. Uphold allows for users to buy into BAT directly from USD without the use of an exchange or ShapeShift service.

[–]chechuchRedditor for 10 months. 1 point2 points  (4 children)

For Europe... Binance or bittrex in your opinion

[–]xman5Ether 0 points1 point  (3 children)

Binance is better.

[–]mthilliardEthereum fan 0 points1 point  (2 children)

binance is almost uglier than etherdelta and that's saying something

[–]xman5Ether 0 points1 point  (1 child)

Why?! They had some server problems but after that everything is OK.

Bittrex is almost unusable for me, constant lag.

[–]mthilliardEthereum fan 0 points1 point  (0 children)

I just personally hate the layout. As an exchange it worked well but I just think bittrex is a cleaner look.

[–]shootfirstasklater 11 points12 points  (3 children)

So bullish!! Twitch is coming soon, too! Get in while its still under $1

[–]chechuchRedditor for 10 months. 4 points5 points  (2 children)

Where can I read about twitch and BAT?

[–]shootfirstasklater 6 points7 points  (1 child)

There is more information in Brendan Eich’s interviews, but here’s an excerpt from the Mercury pre-launch update:

There is also a BAT publisher repository that is used by the client (browser) to maintain a browsing synopsis, such as domains visited and Basic Attention Metric measurements. In a future blog post, we’ll discuss this repository along with the publisher-identification rules to explain how we plan to support publishers and content producers who use YouTube and Twitch.tv.

https://basicattentiontoken.org/bat-mercury-pre-launch-technical-update/

[–]chechuchRedditor for 10 months. 0 points1 point  (0 children)

Thank you but I was trying to ask about BAT+Twitch. :)

[–]Bauzi5 - 6 years account age. 300 - 600 comment karma. 7 points8 points  (2 children)

I'm impressed how fast things move forward with BAT. However I'm very disappointed on how the market reacted on the latest news. Hopefully this will change, because this DAPP is here, live, useful, in a great stage (because user/viewer rewards come with future updates for now) and working!

Of course the Brave browser itself is quite good in my opinion. The adblocker is huge help on mobile devices.

[–]blakes456 1 point2 points  (0 children)

it will happen.

[–]mthilliardEthereum fan 0 points1 point  (0 children)

It's in its absolute infancy. The mainstream has such little knowledge of blockchain usage and then magnify 100x to see BAT. It needs youtube stars to make a name for itself and then if BRAVE can handle the populations demands, the money will come.

[–][deleted] 2 points3 points  (9 children)

This might be a stupid question but what is the best way to "invest" in it at the moment?

FAQ page says you can't transfer BAT out of the wallet once you've added the funds. However, that feature might be possible in the future. Should I just buy some BAT and hodl?

[–]CryptoJennie[S] 4 points5 points  (1 child)

You can store BAT in any Ethereum wallet like MyEtherWallet since it is an ERC20 :).

You can just transfer amounts to your Brave wallet that you want to use to support your favorite websites and YouTubers, and keep the rest in MyEtherWallet if that suits you!

Also, it won't just "might" be possible in the future. It will absolutely be possible in the future. It's a confirmed part of the platform!

[–][deleted] 2 points3 points  (0 children)

Thanks.

I already like the browser and this could have a great future so I probably don't regret if I put 20€ or something and wait how it develops :)

[–]Decronym 1 point2 points  (0 children)

Acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that I've seen in this thread:

Fewer Letters More Letters
BAT [Coin] Basic Attention Token
BTC [Coin] Bitcoin
ETH [Coin] Ethereum
FUD Fear/Uncertainty/Doubt, negative sentiments spread in order to drive down prices
LTC [Coin] Litecoin

If you come across an acronym that isn't defined, please let the mods know.)
5 acronyms in this thread; the most compressed thread commented on today has 9 acronyms.
[Thread #170 for this sub, first seen 17th Nov 2017, 01:54] [FAQ] [Full list] [Contact] [Source code]

[–]ThePirateRedfoot> 4 years account age. < 400 comment karma. 3 points4 points  (8 children)

Does the user (not the video creator) get anything out of this?

[–]CryptoJennie[S] 4 points5 points  (7 children)

This particular update is for user to video-creator. This in itself is big since Patreon is huge and there is a big demonetization situation going on right now.

Subsequent release phases—Gemini and Apollo—of BAT will rollout the full BAT Ads system, which will reward users for their attention/viewing ads.

Intro post to BAT which lays out the whole platform very briefly: https://www.reddit.com/r/BATProject/comments/7cr7yc/new_to_bat_read_this_introduction_to_basic/

[–][deleted] 2 points3 points  (0 children)

Interesting, just intalling the browser.

[–]ThePirateRedfoot> 4 years account age. < 400 comment karma. 0 points1 point  (5 children)

Nice. What's the incentive for the user to load up their Browser with BAT to pay youtube videos they could be watching for free?

[–]CryptoJennie[S] 8 points9 points  (2 children)

Ask the $150,000,000 Patreon is sending to content-creators like YouTubers in 2017! (Also think about Twitch; you might think "Who would donate to their Twitch streamer if they can watch for free?" Yet, if you watch any Twitch stream, the little donations that come in are endless. Top streamers a huge amount of money per year from donations. Twitch moves many hundreds of millions from donations annually.)

People like supporting their favorite YouTubers, especially if that means that it'll ensure more content coming from their YouTubers.

That said, you will also be rewarded as a user for your attention in BAT for viewing ads. That part of the BAT platform (BAT Ads) will coming as subsequent phases of the roadmap are rolled out. https://www.reddit.com/r/BATProject/comments/7cr7yc/new_to_bat_read_this_introduction_to_basic/

The team is just rolling out the platform progressively!

[–]ThePirateRedfoot> 4 years account age. < 400 comment karma. 1 point2 points  (1 child)

I'm not very familiar with Patreon, I thought that people support so they can get access to extra content.

[–][deleted] 6 points7 points  (0 children)

Some people do give extras to patreon supporters. The BAT team has a similar plan with Brave premium content.

[–][deleted] 2 points3 points  (0 children)

supporting the creator.

[–]bab4mBull 0 points1 point  (0 children)

The same incentive there is to purchase any creative work in a capitalist market. To allocate capital to the creator of the work so that they may continue to make more interesting works.

[–]anex98Ethereum Hodl'r 0 points1 point  (0 children)

But what about YouTube red? You get advantages over using the browser opt in payment feature.

[–]jeffreyrufino 0 points1 point  (0 children)

This is great news.

[–]CryptoJennie[S] 0 points1 point  (0 children)

News just hit Engadget: https://www.engadget.com/2017/11/17/brave-browser-donate-youtube/

[–]badassmotherfker 0 points1 point  (8 children)

Is there any incentive for people to send tokens to the you tubers or is it basically only for donations?

[–]CryptoJennie[S] 1 point2 points  (7 children)

For the moment, it's just donations Patreon-style. However, as the platform is rolled out, there will be ways of giving perks and premium content to users in the ecosystem. (Note that this is just the Brave Payments component of the ecosystem; the BAT Ads component will be coming in one of the subsequent phases of the BAT roadmap, which is the part of the system that rewards users with $BAT for opting to view ads, and will provide publishers and creators other opt-in sources of revenue as well.)

In some sense, you can also donate because you get to enjoy an ad-free experience. If you use an ad-blocker, you're in some way cutting into the revenue of the YouTuber, so one way to help support them proportionally while not having ads, not being tracked and not having your privacy violated is by donating in this way, which takes very little cognitive effort and happens automatically.

Again, when the BAT Ads part of the platform rolls out, there will be opt-in ad revenue streams for publishers and creators too!

[–]badassmotherfker 1 point2 points  (1 child)

So after the BAT Ads roll out will the youtubers get revenue from the ads in the brave browser? That's still pretty cool either way but if the youtubers can make revenue from ads while bypassing youtube's ads altogether then that would be epic.

[–]CryptoJennie[S] 0 points1 point  (0 children)

BAT Ads will have two kinds of ads: direct-to-user ads and indirect ads. Direct ads, for example, will go straight from the advertiser to the user in a private ad tab, in which case the user is rewarded 70% of the ad revenue. Direct-to-user ads are first priority.

Indirect ads are ads that are displayed on publisher pages (or, we could assume, on top of creator content). Indirect ads will only be implemented on content where the publisher/creator opts in and agrees. There won't be any substitution or injection without consent of the publisher/creator. In these cases, the publisher/creator will receive 70% and the user will receive 15% :).

Brendan Eich writes:

Blockchain enables macro-audits of flows to see transparent & user-maximal fee schedule: 70% to user from private ads once we get deals (trials first); 15% to user & 70% to publisher if any pub wants to partner on indirect (on-pub-page) anonymous ads,

Hope that helps!

[–]RosemaryFocaccia 0 points1 point  (4 children)

and creators too!

What about the creators/maintainers of the website? How are you compensating their time/skill and the cost of providing the video-hosting platform?

[–]CryptoJennie[S] 0 points1 point  (3 children)

See: https://twitter.com/BrendanEich/status/931611239444123648

And: https://www.reddit.com/r/BATProject/comments/7dp26a/if_bat_becomes_a_success_how_will_google_make/

[–]RosemaryFocaccia 0 points1 point  (2 children)

You don't see that as a parasitic relationship??

At the moment, Google provide a video hosting platform that people can upload videos to for free. Google pay for the hosting and the continued maintenance/development of the platform. To cover those costs they insert ads into the stream. Companies pay Google to have their ads displayed. Because of profiling, they can be more confident that the ads are being seen by people who would be interested in their product/service. This means they pay more than for non-profiled ads. A proportion of the funds raised go to the people that upload the videos in order to encourage them to do so. It's a symbiotic relationship between Google, the advertisers, and the video uploaders.

Now Brave is stepping in and saying that they will take care of the revenue raising, and they will give back some of the funds to video uploaders if they sign up with them, and they might at some point even give some to Google for hosting the videos and maintaining the site. They are inserting themselves into the relationship for no benefit to anyone but themselves.

What am I missing?

[–]CryptoJennie[S] 0 points1 point  (1 child)

Because of profiling, they can be more confident that the ads are being seen by people who would be interested in their product/service.

That's the big problem. You can achieve "profiling" and "tracking" without violating people's privacy and taking their personal data. That's what Basic Attention Token does; it fundamentally rethinks the way that ads are delivered (I can explain it, but you can also look at the intro post on the subreddit!) and this is not just marketing speak.

Right now, users are faced with a deadly bargain: you can have YouTube, but only if you forfeit your personal information to us. But it's a false set of choices. You can have YouTube, relevant ads, and the whole lot, without also forfeiting your personal information.

If Google decides to change ad delivery methods for a better web, then the team welcomes that because it's an overall good thing for humanity and the future of the web. But so long as they aren't doing that yet, Brave has space to lead the way.

[–]RosemaryFocaccia 0 points1 point  (0 children)

So the only thing you are selling is FUD about Google? I know the US right wing (and Microsoft) would love to put a bullet in their head, but why are you participating?

[–]ChinookKing 0 points1 point  (2 children)

What does this have to do with ETH? Simply explanation needed.

[–]CryptoJennie[S] 9 points10 points  (1 child)

BAT is an Ethereum-based ERC20 token.

Platforms built on top of Ethereum are what give Ethereum its value, since Ethereum is a app project platform.

[–]ChinookKing 3 points4 points  (0 children)

cool, this is big then :)

[–]stomattaredditor for 2 months 0 points1 point  (0 children)

Great news! Win on both sides!

[–]cryptogoku 0 points1 point  (1 child)

What if I don't want to pay the Youtubers?

[–]CryptoJennie[S] 1 point2 points  (0 children)

You don't have to. It's voluntary and totally opt-in, just like Patreon or Twitch stream donations.

[–]Brazzozloading... -1 points0 points  (4 children)

BAT should've done a generous token airdrop. That ICO was a big fuck up IMO.

[–]CryptoJennie[S] 1 point2 points  (3 children)

The team has 366M BAT in a "user growth pool" (UGP) to bootstrap growth. When you open a Brave payments wallet, you'll receive free BAT from this user growth pool. (You could call that an "airdrop".) And there will be contribution matching, where the team doubles your contributions with the UGP. Just working out details right now, but Brendan Eich has confirmed all of this!

Here's the growth pool: https://etherscan.io/token/BAT?a=0x7c31560552170ce96c4a7b018e93cddc19dc61b6

Edit: It should be coming within the next month and a half (within 2017), according to Brendan.

[–]cryptogirlHODLJust HODL 0 points1 point  (1 child)

I have the brave browser installed but never received any BAT even though I have the wallet on? How does this user growth pool work?

[–]CryptoJennie[S] 2 points3 points  (0 children)

The UGP hasn't been distributed yet, but Brendan Eich just confirmed that it will be happening this year (before 2018; it's mid-November!). See this comment of his from today: https://www.reddit.com/r/BATProject/comments/7ddfnt/cnet_brave_browser_lets_you_pay_your_favorite/dpxb5gd/?context=3

[–]aDAMNPATRIOT 0 points1 point  (0 children)

so do you work for bat or what?

[–]yournipplesarestiffBull -3 points-2 points  (2 children)

Wtf! Why is Bitcoin the only option to fund the Brave wallet?

[–]CryptoJennie[S] 5 points6 points  (1 child)

It isn't. Make sure you have the latest version of Brave downloaded. (Just click update!) You can fund it with ETH, BTC, LTC and of course BAT itself.

An upcoming release will enable direct credit card/debit card funding too!

[–]yournipplesarestiffBull 2 points3 points  (0 children)

Oh! ok sorry about that :)

[–]ROGER_CHOCS -5 points-4 points  (0 children)

I mean this is cool for people who like this, but I dont see any youtube channels worth paying anything for, to be honest.