Where Did All Our FREE BAT Come From?
BAT

Where Did All Our FREE BAT Come From?

By Bragato18 | Bragato18 | 9 May 2020


When we first decided to buy our first piece of Bitcoin, the opening of a Coinbase account, deciding on a safe wallet, trying to decipher simple instructions with big words I did not know the meaning of, the whole process was confusing and at times over whelming.

I felt I needed some guidance if I was going to get my head around it all. We subscribed to crypto newsletter and that was where I first heard about the Basic Attention Token. 

It was April 2018 and the Basic Attention token had a market value of $AUD0.26.

The report also discussed the Brave Browser and that you could download it from the Basic Attention Token site. At the time I didn't realise the significance of the Brave Browser. Our attention was focused purely on collecting cryptos. 

Brave

(Secret Crypto Network - Really. Who thinks of these names).

Brittrex and Binance Exchanges

From May 2018 to July 2019 I traded the BTC-BAT pairing on Brittrex and later on Binance. 

An example of a series of BTC-BAT trades on Binance between August 02 2018 and November 10 2018

Buy BTC 0.00757914          Sell BAT 177.00                  exchange rate @0.00004282     

Then you just waited for the market to come to you. Once the trade was executed, you checked the charts and took a guess whether the trend was up down or sideways. 

Buy BAT 213.00                    Sell BTC .00760197          exchange rate @0.00003569            (mark-down 16.7%)

Buy BTC 0.01101240        Sell BAT 213.00                   exchange rate @0.00005175            (mark-up 45%)   

Buy BAT 252.00                   Sell BTC 0.01101240        exchange rate @0.00004370           (mark-down 15.6%)

Brave

With this example, we started with 177 BAT and ended up 252 BAT. Resulting in a net gain of 75 BAT or 42.37% increase in the size of the BAT pile.

Note: The markup (and markdowns) for the BTC-BAT pairings ranged form 10%-75%, depending on the trend direction and volatility. 

The idea was not to try and generate a source of income where you are forced to make the trades execute on a regular basis or close them prematurely. But just end up with more BAT or BTC in your pile. 

I didn't have any losses on trades and had a few big wins. As the trades either ended up on the BTC side or the BAT side of things, it is impossible to say if I ended up with more BAT than I started with. So fo the purposes of this exercise I won't try to work out the BAT gained from the trading. 

The only risk I saw was having the crypto on the Binance exchange and had already started to withdraw the various cryptos to the safety of the Ledger Nano when Binance had their hack. Luckily the Hack wasn't big enough to sink Binance and it wasn't long before I was able to keep withdrawing the stash to safety.

Coinbase Earn

Coinbase Earn allows users to earn cryptocurrencies, while learning about them in a simple and engaging way. The idea is for users to understand more about an asset's utility and it's underlying technology, while getting a bit of the asset to try out.

The BAT educational videos became available on Coinbase Earn about February 2019. Coinbase Earn paid you $US1 worth of BAT each for watching the 3 educational videos and $US8 worth of BAT for downloading the Brave Browser.

Brave

On March 05 2019 I earned 58.82352944 BAT for completing the tasks on Coinbase Earn. At the time the market value on Coinbase was $AUD0.26.

Brave

On April 29 my wife earned 26.67636234 BAT for completing the tasks on Coinbase Earn. At the time the market value on Coinbase was $AUD0.53. As the market value of BAT had doubled since March 5th the amount of BAT received had decreased by half.

Due to the demand the original supply of FREE BAT on Coinbase Earn run out after a couple of months.

According to @Cryptonators Airdrop Hunt 

Brave

Coinbase Earn has more BAT to give away for watching the Basic Attention Token educational videos and answering the simple quiz question. 

Brave

How To Earn $10 in Basic Attention Token - Right Now

Posted March 12, 2020. You will need to be quick to get the latest FREE BAT from Coinbase Earn as the supply of free tokens will run out. 

My advice is that you need to create an account with Coinbase so that you can participate in any existing free token giveaways and all future promotions. Due to the high demand for free tokens, it is important to be one of the first to go on the waitlist. It also pays to follow Coinbase on Twitter and other channels so you are one of the first to hear about any new launch on Coinbase Earn. 

If you want to join Coinbase Earn to earn FREE tokens , you can use my wife's Coinbase Earn referral link

https://coinbase.com/earn/oxt/invite/79g6whyq

A simple Step By Step Guide is explained in the following article:

Brave

How to get $US52 worth of Orchid (OXT) Tokens - Simple Step by Step Guide

My first attempt at publishing on Publish0x was a tongue in cheek piece about my wife, Coinbase Earn and how watching the educational videos introduced my wife to Brave Browser and BAT. 

Brave

Turning a Crypto Skeptic Wife into a Crypto Advocate

 

Twitter Tips

Once you become a Brave verified publisher. People can tip you on your channel. They just click the BAT triangle at the bottom right hand corner of your tweet and can choose 1BAT 10BAT or 20 BAT.

I have verified Github, Reddit and Twitter channels. But I am only really active on the Twitter channel.

fc125e37b8f7cd293989998c519195c31d4b777f91df355ded2f652688b18bbe.png

I have a received a 0.95 BAT tip from Philip Taramai @JustABlokeNZ., for my Tweet about Golem (GNT).

a5da5e77f489bd1f0fd0b368909ce8ae0e63a457b9c837c9c862ac1494f7ecb2.png

That was my one and only real live fair dinkum tip. My wife has tipped 16 BAT to my Twitter account with the net result of 15.2 BAT in the Uphold Twitter account.

Note: There was a 5% commission that came off the 1 BAT tip, hence the odd amount.

Brave Referral Program

Brave runs a referral program where they pay you $US7.50 to $US1.00 for each new user you refer. They need to use your verified channel referral link to download and install the Brave Browser. After 30 days of using the Brave Browser your referrals become confirmed and qualify for payment. 

I mainly use my Twitter referral code  https://brave.com/pau473 

If you are not already using the Brave Browser please use my referral code to download and install the Brave Browser. And you too can start earning Free BAT.

As you can see in the Month of April I had 7 Downloads and 4 Installs. After 30 days has elapsed the dashboard will show them as confirmed. On April 09 15.63 BAT was deposited in to my Uphold Brave Browser wallet.

Brave

What is the difference between Download, Install and Confirmed?

  • Downloads: Increments if a user you referred downloads the Brave Browser using your referral code.
  • Installs: Increments when a user opens the Brave Browser for the first time.
  • Confirmations: A referral confirmation is any user who downloads Brave from your referral page and proceeds to use the browser for a minimum of 30 days since the browser was first opened. Your referrals must reach confirmed status in order for you to earn the associated BAT reward.

Brave

Next payment due is 34.85 BAT, which are from the March Download/Installs. There is a 2 month time delay from Download/Install to payment, so the April Download/Installs will get paid in June.

Each of the cards in Uphold wallet represents an account. There is also one called BraThe Payout Progress amount of 34.85 BAT was transferred May 9th to Uphold Wallet. Uphold sent an email advising 

You received 34.85011467851506 BAT from Brave Software International.

Brave

Sponsored Images

This is a BlockFi Sponsored Image. BlockFi are regular Brave advertisers.

Brave

When there is a promotion running the Sponsored Image appears on every 4th new page tab. 

With Sponsored Images, 70% of the ad revenue is paid to you, this is the same as the Brave Rewards. But the Sponsored Images is paid separately from the Brave Rewards, at the end of the month.

It has been impossible to determine what the total value is for the Sponsored Images, as it goes into the same uphold account as other earnings. Also you would need to keep track of how many Sponsored Images (New Page Tabs) you viewed in a month to calculate a value per Sponsored Image. But I assume it is minimal compared to the targeted Brave Rewards ads. I did read somewhere when Sponsored Images wasfirst announced that it was never intended to be a big earner, more of a little bonus.

For the purposes of this exercise we will disregard Sponsored Images, it will get counted in with the Brave Referral program or Brave Rewards.

Brave

Promotional BAT Token Grants

These are one off promotional grants of BAT tokens.

The initial promotion in December 2017 had a cap of 300,000 tokens and was distributed to current and new Brave users over a 30 day period. This promotion was a one-time grant of BAT.  Once accepted by users, the BAT was displayed in their Brave Payments wallet. Specifically, it was available for:

  • Users who had not installed Brave, but downloaded it during the promotion;
  • Users who browse with Brave, but had not yet enabled Brave Payments;
  • Users who had enabled Brave Payments, but had not added funds to their wallet; and
  • Users who had enabled Brave Payments and who already had funds in their wallet.

Brave wallets at the time were unidirectional (users could not transfer BAT out of their Brave wallet, its sole purpose was to contribute to publishers), and the BAT promotion was meant to support publishers of the user’s choosing. If the BAT promotional grants were not used within 90 days to support publishers (i.e. tip content creators), they were automatically returned to the User Growth Pool (UGP). These can not be used to tip yourself.

Early 2019 after installing the Brave Browser I received at least a couple of promotional grants of 15 BAT tokens.  Then one grant of 20 BAT tokens later in 2019. Didn't really know what to do with the 15 BAT tokens and they got returned to the UGP.

By the time I got the grant of 20 BAT tokens, I thought had worked it out. As you can't use the grant tokens to tip yourself, simple tip my wife's Portuguese/English Translation Service website:

liario.com

Brave

Sounded simple, so I tipped the website. Had 90 days to verify the website as a Brave Publisher before the grant tokens got returned to the UGP. We both tried over a number of days to get the website verified but we always got stuck attaching a message in a file. It was possible that the version of Wordpress did not match with the Brave Browser. Had no trouble adding her Twitter account but was too late to retrieve the grant tokens.

But should we receive any more promotional grant tokens, we will be ready this time.

Big Bad Brave Rewards

It is really only this year with the installation of version 1.2 that the Brave Rewards started to work and began getting the Brave ad notifications.

While I had Ads Settings on the maximum of 5 ads per hour. I seem to only get 1 sometimes 2 ads per hour. 

Brave

How many ad notifications you get will depend on:

  • How many Active Ad Campaigns are running in your country. Australia has 35 ads running at the moment, where as Lithuania has only 1 running.
  • Your browsing activity. If you are not continually opening New Page Tabs, then you will not have any browsing activity.
  • What you are browsing matches the Ads Campaigns parameters. 
  • How much time you are on the Brave Browser each hour. As I use 2 ARK Faucets and do my tipping on Publish0x on my mobile, I only tend to be on my mobile for short bursts every hour. I spend longer periods on my laptop but usually only once or twice per day. 

Brave Ads — Supported Countries (Active Campaigns)

https://brave.com/transparency/

Brave

Tip: I try and generate more ad notifications on my mobile every time I am on it, I open about 15 New Page Tabs with the url of ads I have seen recently. The idea is to create a browsing history that matches the ad campaigns in your country. For example if you have been getting ads for VPN providers lately then I would use:

  • nordvpn.com
  • get-express-vpns.com
  • ultravpn.com
  • protonvpn.com

This seems to work as I have had VPN ads shortly after doing this. Other examples ads appearing have been  

  • shapeshift.com
  • skillshare.com

And there also seems to be more ad notifications. Before I would only get 1 per visit now I get 2-3. I am spending longer per visit.

Extra bonus is you are also getting more Sponsored Images.

Brave

Currently have 67.5 BAT in my mobile wallet. Lost about 10 BAT when I tried to claim the April rewards, assume they have gone to BAT heaven. Got no idea what the 20 BAT showing relates to as it did not match what was in showing in settings.

Also lost 4.9 BAT due to the Auto-Contribute Bug that took all the rad earnings for the month of January. Have contacted support as per instructions but have never heard back or refunded the 4.9 BAT. 

One day it will work as it is meant to.

Publish0x Tipping and Posting

February and March 97% of the tips by value were BAT   ✔️

April and May it has dropped to 25% of tips by value are BAT   ❌   

And apparently the total value of tips available per day has dropped by 40% (not verified just hearsay)   ❌

But to counter that my postings are getting more views and I have had 3 posts make the popular sections   ✔️

Brave

The Grand Total of FREE BAT

Brave

Thats makes it a Grand Total of 422 BAT and a bit. I don't even want to think about what that equates to in $AUD. A lot of effort for Sweet FA?? But it has been funn, I have learnt heaps along the way. My wife now is supporting me in my efforts to collect crypto while we still can. 

One other thing I forgot to mention.

I have been doing surveys for money and earn $AUD70 every 60 days.

http://referral.pureprofile.com/referrer/MzE3MTg0MzI15     (another pesky referral link where I get $AUD2)

And was using the survey money to buy crypto from:

https://www.coinspot.com.au/join/3QFJIN    (use my referral link if you are Australia based and we both get $10 BTC).

Coinspot is an Australian based exchange, deposits are in $AUD only. 

  • charge a flat 1% buy commission
  • large range of tokens listed, at least all the ones we collect
  • can deposit $AUD5-5,000 daily.
  • with $AUD5 we can buy $AUD1 of 5 different tokens and still only get charged 1% commission.

The only reason I mentioned this as it demonstrates that it is sometimes better to earn the fait if you can and just buy the BAT. I know it's a nice feeling to think you are getting something for free. But it is not really free, it took us over a year to accumulate about $AUD125 worth of FREE BAT.  But I was able to earn from PureProfile surveys $AUD325.33 in 10 months. It worked out about $AUD9 per hour for your time. Compare that to Publish0x where I earn between $0.20 and $2.50 per hour depending how successful the post has been.

Update May 31

I have recently discovered another source of FREE BAT and have covered it in my post   

Another Source of FREE BAT? - What I Learned

The End

 

 

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Click on the Brave link to download and install the Brave Browser and start earning BAT (or just experience the speed and security of an ad free browser).

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Bragato18
Bragato18

I am a sun sea and sand person, makes chocolate, grows organic vegetables, rides a Vespa and collects crypto. https://twitter.com/PaulBridgman8


Bragato18
Bragato18

Bought our 1st pieces of BTC, July 2017. The process was daunting and confusing. Could easily given up & put it in the too hard basket or have fallen victim to one of the many scams or pitfalls. Grateful to a friend of my son's, who had been in this space for awhile, giving me some good advice & steering me in the right direction. That experience has helped shape my desire to share what I learn. Also always had a morbid fascination with Snake Oil Salesman & their sales pitch; Bitconnect, USI Tech..

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