Brave made two really sexy BAT purchases yesterday!

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These purchases get sexier and sexier with each coming month! Clearly, the BRAVE team is doing something right!

Now, in case you are clueless about BAT like @whatamidoing was, then here's the quick run down of how BRAVE and BAT works.

BRAVE has a product called BRAVE browser. And the browser has a native token called BAT. Ad publishers give sweet dollars to BRAVE to get featured on their browser. BRAVE uses that money to buy BAT tokens at market price. 70 % of those bat go to users of BRAVE and the company keeps the rest to continue development.

And on top of this, remember that BRAVE gets more and more users every month and BAT has a stable circulation of 1.5 billion tokens. It's literally a recipe for success. As long as BRAVE continues to do a good job attracting more and more users and more and more ad publishers like it does now!

Feel free to visit the links below for more info!

Posted Using LeoFinance



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10 comments
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I don't understand though why the circulating supply fluctuates, like for example recently it got down from some 1,490,000,000 to 1,458,750,288... It happened in the past as well and that means that the max circulating supply will never be reached if Brave plays this game over and over... I still own BAT but I find this situation quite odd.

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It's probably an error from cmc. Brave used to hold some coins and gave them away for referral bonuses and other promotional stuff. At this point, most are given away and we have approached the phase it becomes slowly deflationary (people die, forget wallets etc etc)

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LOL I wasn't clueless! I knew what BAT was and how people earn it! Thanks for the run down though!

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I can't believe I slept on BAT. Someone told me about Brave Browser and BAT early this year but I did nothing after calculating the price and how many BATs I'd get per ad I watch. But now, I think differently and I think I should get to it now

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