Is participating in the BAT ICO a good idea?

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In my opinion, no.


I've been in digital advertising for a long time. A really long time. Over 15 years in fact, and I don't think BAT (Basic Attention Token) is going to "disrupt Google," Facebook or really anything at all. The creator of JavaScript is involved, and that's cool, but here's what isn't:

  1. They're cross-promoting a browser with no market share.
  2. BAT is ideologically against pixel tracking/re-targeting, which is one of the most widely used and valuable techniques in digital advertising.
  3. The dreaded "middlemen" of digital advertising, people and platforms, usually take very light margins and provide necessary services.
  4. People still (and always will) work out direct advertising deals with publishers all the time. It happens constantly. Someone will approach the owner of a specific website, app, etc. in their niche and bang out a deal directly.


In their whitepaper they make the following claim:

> In-device machine learning will match truly relevant ads to content from a level that middlemen with cookies and third party tracking are unable to achieve

Which is both bold and untested, and possibly even totally reliant on the assumption that they'll pull down a noteworthy % of the browser market share. Tracking pixels and cookies on the other hand are tried and true.

The bottom line is that while BAT may be ideologically against pixel tracking and audience re-targeting, I can tell you what, imho, most likely isn't ideologically against it: the world's largest advertising budgets. I'll be keeping far, far away from this one and holding out for EOS. I just don't see it even coming close to mainstream adoption or capturing a significant chunk of the web browser market share.



Though, of course, I could be totally wrong. I should also point out that this submission was written with HODL oriented investors in mind. I'll make no comment as to whether it's a good short term investment. I will however say that I've seen chatter of people planning to buy @ ICO and immediately dump BAT onto exchanges as soon as they're able.

What say you, steemians?

Is participating in the BAT ICO a good idea? | Ecency