The Brave browser, as you may know, was funded through an initial coin offering (ICO) that ended in seconds, as investors paid hefty ETH fees to get ahead of each other. But is it a good investment?
A lot of investors are putting their funds in the cryptocurrency space, but can you make money if you buy the Basic Attention Token (BAT) now? CryptoGlobe reached out to various experts, including senior eToro market analyst Mati Greenspan and others, to figure it out.
The token’s economics are pretty straightforward: there’s a total of 1.5 billion tokens, 1 billion of which were sold during the ICO, while 300 million are being used to attract users, and 200 million went to the developers.
While some believe that if the Brave browser becomes widely adopted BAT will grow to surpass the market cap of Google, others believe its Brave Ads program will see selling pressure take the tokens down to a new low. Price predictions vary, with some users believing it’ll be at $10 in a few years, and others seeing it close to zero.
Read our post to know what experts, community members, and the charts say.
