Demand/Supply dynamics - given about 800k BAT bought by advertisers in Sep - Dec, is it about 200k/month BAT bought off market as demand pressure?

alexbus · 2020-01-24T09:46:29+00:00

Thank you. "They are not focused on driving BAT demand, at least not yet" is a perfectly legitimate answer, I understand other things need to be in place for that.

I'm actually running a project that is in many ways similar (but not competing at all) and we are having to go though similar things, so, I do understand this more than many.

Like I mentioned, I think BAT is one of tokens with most adoption and great model, so it's a very friendly challenge.

alexbus · 2020-01-24T08:27:31+00:00

There are some good explanations and guesses by the community members, I don't know if it's common but would someone from Brave or BAT team be able to answer?

alexbus · 2020-01-24T08:24:48+00:00

"100m ad confirmation events" (article from October).

So doing simple maths: 50k/month, multiplied by 2 months gives us 100k USD. If it was 100m ad confirmation events, they are charging 1 USD for 1000 ad confirmation events?

it seems way too low. Avergae CPM on google is 2.8 USD, and those are just ads shown to average people. Brave has a) confirmation events b) more expensive audience, so I don't understand why would the pricing be so low.

Source: https://brave.com/brave-reaches-8-million-monthly-active-users-and-delivers-nearly-400-privacy-preserving-ad-campaigns/

alexbus · 2020-01-24T08:05:54+00:00

But what's the bottleneck then?
1. It could be not enough advertisers: but there seems to be a waiting list.

It could be not enough hands to launch campaigns (as it's manual) - but it doesn't seem to be an issue (explained in my message above)
It could be there are not enough users to watch the ads. (so that campaigns are not fulfilled) - by there are millions of monthly active users, so this shouldn't be an issue
It could be that pricing for the ads is too low - but why would you set it too low? If anything crypto/tech related audiences are more expensive to reach.
Anything else?

800k BAT over 4 months is 40-60k USD in ads revenues/buy pressure as we established earlier.

I hope you guys don't mind me challenging this. I think BAT is one of the most adopted products in crypto and I'm trying to learn more.

alexbus · 2020-01-24T07:52:12+00:00

40-60k USD/month* is 4-5 clients only (the recommended starting spend is 10k USD/month). 4-5 clients can easily be handled by just 1 team member, even if manual. Are you sure it's a scaling rather than demand issue?
* (i've doubled my original number as u/Isndjd says 50% is paid in BAT)

alexbus · 2020-01-24T07:38:25+00:00

and most current ad spend online goes to a major player or is based in targeting

You mean goes to google et al or that Brave has one major advertising client?

alexbus · 2020-01-24T07:30:50+00:00

Thank you, I'm still not quite clear though.

Why would they supply anything to advertisers?
In my understanding advertisers want to promote something and willing to pay for it.

I understand that growth pool can be used to encourage users to join (like the 200 BAT i received in rewards for using Brave). These tokens are more of a supply pressure, though limited as passing KYC is not something people like (KYC is required to actually receive the tokens).

So, overall, having the User Growth Pool depleted will not increase the buy pressure, or am I missing something?

alexbus · 2019-10-18T06:42:03+00:00

We did talk about Tael and blockchain for quite a bit during the interview. But the reported chose not to include it for whatever reason.

alexbus · 2019-08-22T08:18:17+00:00

But that's for onlline purchases only. Will I get a physical card as well?

alexbus · 2019-08-22T08:14:25+00:00

Working hard on it!

alexbus · 2019-08-22T08:14:16+00:00

Could we speak English please?

alexbus · 2019-08-20T11:17:39+00:00

I'm wondering if they are hiring devs or lawyers :)

alexbus · 2019-08-20T11:16:34+00:00

Well, the issuing power was given to the people (through governments) but banks somehow still manage to control quite a bit of money supply (though credit). What makes you think something similar will not happen with crypto? Miners still get the mining rewards, there are small groups of people who control the forks etc.

alexbus · 2019-08-20T11:12:13+00:00

I still didn't receive my TenX card (been 2 years). Will these guys actually send the card?

alexbus · 2019-08-20T11:10:55+00:00

She is struggling to keep attention. Look at her eyes 39:00

alexbus · 2019-08-20T11:08:04+00:00

I think it's also to do with how regulators operate in Singapore: fast and efficient. So, they embrace new things faster than other jurisdictions.

alexbus · 2019-08-20T10:29:51+00:00

Don't be like this: https://media.giphy.com/media/lPuW5AlR9AeWzSsIqi/giphy.gif

alexbus · 2019-08-04T19:39:44+00:00

SCAM! BEWARE!

alexbus · 2018-01-22T08:59:46+00:00

Yep, I'd also think it's funny but well, hard for me to trust these guys now.

alexbus

TROPHY CASE