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by rglullis
1833 days ago
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> The model for profit is around the bat coins gaining popularity Incorrect. Their revenue is in USD, and their payout is calculated using the revenue in USD. The price of the token does not affect them in any way. Their model from profit is unbelievably simple. They are an ad network that uses the browser as a distribution vehicle. More people using the browser, more advertisers will be buying ad space, more revenue for them. They do have a published roadmap about offering more services in the crypto-space (built-in web3 wallet with direct connection with crypto exchanges, use of NFTs to access features and services on different websites, etc) which are very interesting and it might even become a bigger play than the existing ad network. At the end of the day however, they can have a solid and sustainable business just with the ad distribution network. |
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