Have you ever played a mobile game?
With some of them, the more you play, the more “rewards” or “in-game currency” you can get. Usually, you can use them to unlock a level or something along those lines.
You can also use your credit/debit card to buy a level or get special features etc. And if you'd rather not spend actual cash, you can earn in-game currency by watching a few ads instead.
In other words, some mobile games pay you to watch commercials — although the compensation you receive is useless outside of the game.
One company however, has taken this idea to an entirely new level… which could completely revolutionise the internet economy.
Quick-Start Guide to Crypto + 3 Coins to Buy
If you haven't yet taken your first step in this surging market, there's never been a better time to do it. Because we have identified three particular cryptos that could rocket.
None of them are Bitcoin.
These are tiny, under-the-radar names. All three picks are priced UNDER $10.
But the profit potential is incredible. It's never been easier to take your shot at huge returns.
Introducing Brave and BAT…
George Gilder is famous for many things…but one truly amazing thing is he predicted the invention of the iPhone in 2000, when he published his book, Telecosm.
George’s new fascination, is a new blockchain-based unit called a Basic Attention Token (BAT), developed by Brave Software Inc.
The company’s main product is an internet browser, much like Microsoft Edge, Google Chrome or Mozilla’s Firefox.
Like all web browsers, its goal is to show you advertisements. Brave gets a bit of revenue from any ad you click on.
You earn BATs by clicking on ads. You can use them to buy goods and services from companies that have partnered with Brave. They can also be converted into cryptocurrencies.
So BATs effectively turn the time you spend watching ads… into cash!
This idea has raised some heads. In fact, Google is looking to adopt a similar BAT strategy — and even “lured away the chief technologist at Brave to create its own special attention tokens”.
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The biggest objection to Brave?
Will people really switch to Brave over Chrome and Safari?
You see, it is very difficult to get someone to change their habits, even if it will benefit their life. However, let’s not forget that Chrome got so big in the first place by displacing Internet Explorer.
If Brave offers a much, much better user experience, people will switch to it. This happens all the time in tech. Better tech comes along and people just switch to it.
In fact, the number of monthly Brave users has soared 10-fold from 3 million in 2018 to over 32 million today – and growing!
In short, this is type of innovation the crypto revolution is offering the world. And it makes crypto’s like BAT an attractive investment proposition.
Just remember, there are over 10,000 cryptos now. 99% of them are rubbish. If you want to profit from crypto’s, you need to hone on the ones with REAL solutions. And BAT could be one of these crypto’s.
See you next week.
Managing Editor, The South African Investor