The Brave Ecosystem
So, as you can see the Brave company has many different things going on, that is and will keep being great, not only for utility tokens, that are something like it but also for the crypto space as a whole.
Now let's talk about the use case, of the token this is the real reason, I decided to write about the BAT token, also known as the Basic Attention Token, at first site it don’t seem to be many things you can do with it, but that’s not the facts once you really research and take a deeper look into the token and Brave company, you will see the sea unfold.
The fact is, you can use the tokens in so many ways, it might blow your mind, the way it did mines when I looked deeper and the reason it blew my mind was because I only looked at it on a surface level, I knew I could use it on different crypto exchanges, if I wanted to just swap it out for something else, but it’s not a very high price token yet.
I would go so far, as to say it’s undervalued but that’s my opinion but back to the swapping part being that the token is not high in price, it might seem as it’s not worth the swap for many of us, if you are looking to get a digital assets like BTC or ETH because they prices are at higher levels, where you wouldn’t be getting much for the trade but keep in mind the way you go about earning your BAT cost you nothing more than surfing the web, something we do all day everyday anyways, so don’t see it as a lost but a small gain for living your day to day life and activities.
You also earn more BAT the more you are online, so if you are a person who spends a ton of time online using your phone, tables and laptops, then who knows how much you can earn in the 30 day paying cycle and yes it’s a 30 day paying period time so that’s 12 payments a year of as many BAT tokens that you can earn from just using the Brave browser, surfing the web, watching videos, listening to music and many other things you do, long as you are doing it from the Brave browser and I think that’s a beautiful thing and very easy way to earn the token. Don’t you agree?
Now, let's touch on more use cases, if you look up Brave.tapnetwork.io, you will find an entire marketplace where you can redeem the tokens for gift cards for over 250+ businesses, from clothing to food and gaming. This is where I actually use some of my token and thought to myself, this is really a great way to buy my son some PlayStation point, that he could use for different games of his choice and not only can you use them for games, clothing and food you can also redeem the tokens and put you phone bill, so imagine that you are surfing the web and it’s paying your phone bill at the same time, that’s powerful if you ask me.
Did I mention you can take a flight or get some wood to do some building as well, yea, at this point I believe you get the picture as to how powerful using Brave tokens can be and the benefits that come with it is huge, last one if you work on cars, you can use it there too, I mean the more I study the tokens and all its utility can't see myself not using the browser to earn those tokens.
Now, let's move toward some of the more serious ways you can use this token. If you take the time out and set yourself up a Uphold account and check out the investment market, that they have in beta testing, which will soon be a main net platform because it’s needed and it’s a great platform in my opinion and this is more on the centralized side of platform and not the DeFi or decentralized platform for those who love DeFi as I do myself but I also see good in some of the centralized platform like Uphold not many but just a few because you do seem to get things done faster and the fees are not so high like we are currently dealing with in the DeFi world of all the ETH or Ethereum platforms, the gas price is way too high, if I must be honest, if you're not moving a huge amount, it is not worth the gas fees, you paying more in fees than you are in the assets you're sending, hopefully those things are getting fixed in the 2.0 version that's soon to come out or might already be out by the time you are reading this.
Breaking news in the middle of this writing the news came across my timeline that you can now use BAT tokens to buy cards in the game of Splinterlands which is a card-based games where they battle of some sort if you’re into that you know if you’re not then you don’t but that’s another move for the Brave company and the BAT tokens, just wanted to put that out there.
Back to the point of setting up an Uphold account, this is where I seen the next level use of this very tokens and many others but let's focus on the BAT tokens for now.
It was there, I would learn that you can take the very tokens that you earn from everyday browsing and use them to invest or swap out for many other Digital Assets also known as crypto. You also have the ability to invest in different metals if that’s something you’re into as well, gold, silver, palatium and it’s another one that I can’t recall the name of at the time of this writing but it’s a high valued one as well. I wouldn't say it’s the same as owning the real deal, meaning the physical asset, but it is valet and done seamlessly.
You also have the ability to use the BAT tokens and swap it for different world currencies, like the US dollar, the Yen, the Yuan, etc. I believe they have 9-10 different world currencies if you are interested in having some in your portfolio, I see that as a good thing as well because I did want to hold some of the other currencies and what better way to get some by swapping your BAT that you earn.
They also have a feature that is not unlocked yet but it will soon be and you will be able to use your different tokens or cryptos to buy equities in companies that are being traded on the public stock exchange and this is such a beautiful thing because you are now seeing the flow of money just pour in from all over because of the way you can use these different tokens as real money, I see the future being bright as things start to take off and more people start to learn about these things and apply them to their life as well, to grow their wealth.
Another thing you can do with the BAT token and the Uphold platform is, put your BAT on a monthly auto investing into all the digital assets that you would like to own and that is where I won all the way over, with the BAT and Uphold platform itself because now I can earn BAT it’s sent straight to my Uphold account and then goes and buy we more equites in the very cryptos and worlds currencies.
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