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RE: Exploring Tokens – The Basic Attention Token (BAT)
I was buying some UBIQ on sunday and spotted BAT at 17cents. I picked up a handful at 19 with leftover BC and will watch, seems that ICO (eth grab) is putting a little too much control of both Eth and BAT in the hands of a few, I'm just going to watch it a bit before going in any deeper, thanks for the article.
Yea I'm concerned about the concentrated holdings too. Who are these people and what are their plans to sell? It could keep a lid on BAT for a while. I think we'll see a change in the way ICOs are done. Vinny Lingham put out a piece yesterday regarding the Civic ICO... I haven't read it yet... but know they are planning a fairer distribution model.
Ps - I'll have to check out UBIQ, keep hearing that name.