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OFFICIAL ~~^~~BAT~~^~~ Thread
Poast new message in this thread
Date: May 30th, 2017 5:15 PM Author: Walnut goal in life idea he suggested Website: https://basicattentiontoken.org/
Start Time: Wednesday, May 31 at 11:00 EST/10:00 CST/9:00 MST/8:00 PST
Cap: 156,250 ETH (~$33M)
Bonus: None |
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Date: May 30th, 2017 5:16 PM Author: histrionic theater stage Please copy paste the t&c so we can figure out what laws we'll be breaking ty (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430573) |
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Date: May 30th, 2017 5:18 PM Author: glassy spectacular dilemma (guy who thinks terms and conditions in a contract are "laws") (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430587) |
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Date: May 30th, 2017 5:19 PM Author: histrionic theater stage (Guy who doesn't get my rapists wit) (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430595) |
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Date: May 30th, 2017 5:19 PM Author: Walnut goal in life idea he suggested Full T&Cs are located here: https://basicattentiontoken.org/terms-and-conditions/
Relevant Section:
By transferring Ether to the smart contract system (“Smart Contract System”, as explained in Exhibit B) to purchase BAT from us, you represent and warrant that:
You are not (i) a citizen or resident of a geographic area in which access to or use of the Services is prohibited by applicable law, decree, regulation, treaty, or administrative act, (ii) a citizen or resident of, or located in, a geographic area that is subject to U.S. or other sovereign country sanctions or embargoes, or (iii) an individual, or an individual employed by or associated with an entity, identified on the U.S. Department of Commerce’s Denied Persons or Entity List, the U.S. Department of Treasury’s Specially Designated Nationals or Blocked Persons Lists, or the U.S. Department of State’s Debarred Parties List. You agree that if your country of residence or other circumstances change such that the above representations are no longer accurate, that you will immediately cease using the Services. If you are registering to use the Services on behalf of a legal entity, you further represent and warrant that (i) such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization, and (ii) you are duly authorized by such legal entity to act on its behalf; and
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Date: May 30th, 2017 5:20 PM Author: histrionic theater stage Is there a lawyer around to translate this argle bargle (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430604) |
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Date: May 30th, 2017 5:27 PM Author: Walnut goal in life idea he suggested If you're an American you're breaking the terms and conditions of the contract by transferring ETH in order to get BAT, but you'll end up selling your BAT for a profit in a few weeks/months anyway, plus nobody is going to track this shit. Enjoy your profits.
Not legal advice. |
Date: May 30th, 2017 5:20 PM Author: glassy spectacular dilemma I was pretty high on this given the high profile investors, but why does a web browser need a crypto currency? Why couldn't this just be done with ETH via a plug in to Safari, Chrome, etc.? And don't the advertisers and middle men--who have a fuck load of money--have every incentive to try to kill this thing in its sleep? Why will they fail? This seems to me to be adding blockchain somewhere it wasn't really needed in the first place. (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430598) |
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Date: May 30th, 2017 5:21 PM Author: histrionic theater stage Just stfu and buy some and 10x ur money and like it faggot (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430609) |
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Date: May 30th, 2017 5:24 PM Author: curious death wish lay (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430639) |
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Date: May 30th, 2017 5:23 PM Author: Walnut goal in life idea he suggested Advertisers want a better way to pay for ads and to track how successful their advertising is. BAT accomplishes that. Middlemen won't like it, but advertisers hate middlemen since they're leeches. BAT devs have stated that they'll develop addons for non-Brave browsers. (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430634) |
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Date: May 30th, 2017 5:25 PM Author: curious death wish lay And raising as much money as they will should accelerate their roadmap and development of these extensions (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430645) |
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Date: May 30th, 2017 5:26 PM Author: glassy spectacular dilemma Do advertisers really have the ability to manage this shit themselves? These "middlemen" add value by collecting lots of info and slicing/dicing it for advertisers to guide them to optimal ad buys. If you get rid of them, won't advertisers have to do all this analysis in-house, and won't that cost a lot? (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430650) |
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Date: May 30th, 2017 5:31 PM Author: Walnut goal in life idea he suggested There's a big problem with online advertising. A lack of transparency and even fraud. See http://www.cnbc.com/2017/05/18/programmatic-ad-buying-grossly-flawed-ana.html
Companies are looking for transparency and some advertisers are offering it. See https://www.wsj.com/articles/the-rise-of-transparent-digital-ad-buying-1494237600
BAT would be the first to offer what companies are looking for, but based on smart contracts and the blockchain. It's also the first to deal with the problem of ad blockers head on. |
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Date: May 30th, 2017 5:35 PM Author: glassy spectacular dilemma Fair enough. I just think the market for this shit is much smaller than the ETH market, and I'm not sure I understand why there needs to be a different currency for this when ETH and software could probably do the same thing. Why not just make a browser plugin that runs smart contracts on ETH? That will be a much more liquid market eventually. (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430710) |
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Date: May 30th, 2017 5:26 PM Author: fragrant misanthropic messiness step-uncle's house *yawns* (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33430653) |
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Date: May 30th, 2017 6:53 PM Author: 180 lettuce range Still buying BAT now that ETH is MOONING? (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33431239) |
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Date: May 30th, 2017 6:57 PM Author: abusive sadistic therapy pretty excited about this between the team & that it solves a real problem with currently no other solutions
I've been telling people about Internet advertising micropayments as a use case for crypto since 2011
putting in mid five figures |
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Date: May 30th, 2017 7:22 PM Author: big school cafeteria Oh god Now I HAVE to invest |
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Date: May 30th, 2017 6:58 PM Author: sable cerebral university background story when would you be able to get it on exchanges? (http://www.autoadmit.com/thread.php?thread_id=3630994&forum_id=2#33431277) |
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Date: May 30th, 2017 7:12 PM Author: 180 lettuce range don't know.
What exchanges do you think it'll be tradeable on? |