BAT | Basic Attention Token Roadmap released!
You may know BAT from the ICO that raised 35m in 30 seconds. Brendan Eich is behind it (Creator of Javascript, and ex CEO Mozilla).
What you may have missed is the roadmap they announced 2 days ago. It is very promising!
Source: on BAT.org
Or continue read below the roadmap posted, copying full text and not touching any word. So these are Brendan Eich's own words:
Foreword
I cofounded Mozilla and wrote its technology roadmaps back when we were rebooting the Netscape-contributed browser code via open source. Here’s the first one. This one from 2003, by David Hyatt and me, charted the direct course to Firefox.
These documents set direction and listed goals and requirements. Equally important, they renounced non-goals and listed what was off the agenda. For the BAT platform, any tracking or targeting from remote ad servers or exchanges is excluded by construction.
The map is not the terrain, so each roadmap ages past a point of usefulness and becomes a relic. I expect the same to happen with the BAT project’s roadmaps. This roadmap is likely to cover the next year to 18 months.
Approach
The BAT sale provides the development team with enough resources to complete the platform work we started last fall using bitcoin in the “Brave Payments [beta]” experimental automated micro-donation system already in Brave. We intend to use the funds as follows:
Recruit and retain Ethereum, machine learning, devops, project management, ad sales, UX design, and more browser development people, to build out the BAT platform in the stages outlined below.
As the BAT platform develops and gets integrated with Brave, evangelize other attention-economy apps, from browsers to games and beyond, to join an organization we will endow to promote user-first, private, and anonymous ads, donations, micro-paywall-piercing “link gifting”, and other token-based premium products, and share the BAT among apps other than Brave. We aim to make this a non-profit.
Create a source of seed funding, with exact structure to be determined, to sponsor entrepreneurs to create new BAT apps. This may take the form of an independently judged prize system in which apps must follow the endpoint software rules and on-chain smart contracts prototyped by the development team (1) and codified by the member organization (2).
Fund greater user growth of Brave and other BAT apps by rewarding users who choose to opt into the BAT platform, to get to greater scale sooner with the brands and agencies buying user-private ad slots, and (where publishers partner with us) ad slots on pages. Growth requires promotion and distribution above organic rate and scale, so we will fund it with some of the sale proceeds.
The BAT platform work must be staged to fit modern “agile”/non-waterfall software development methods. In particular, it must fit Brave’s six-week chromium update cycle and the finer-grained milestone release structure that we use to manage scope creep and increase predictability.
The program of work outlined in this roadmap uses code-names borrowed from the U.S. Space Program. Reforming the attention economy of ad-tech and payments may not be rocket science, but it is still ambitious. We need to manage scope creep at a larger scale than the Brave development cadence.
Schedule
BAT Mercury (summer 2017)
BAT wallet integrated into Brave
Convert Brave Payments from bitcoin to BAT
Extend Brave’s secret-key sync to include the Brave ledger and wallet
Compile demand-side dashboard data into BAT ad and offer catalog that is downloaded and updated on-device; scraped and mock ads/offers with micro-BAT subsidized revenue
Develop the on-device machine learning models that privately match catalogued ads and place them in user-private slots based on user intent signals, from search queries (you own your query log, Google does not) to surfing, to researching, to purchasing
Design research and engineering development of user-private ad slot form factors
Measure ad engagement and user satisfaction via Basic Attention Metric (BAM) system
Extend the Brave Ledger ANONIZE ZKP-based proof protocol (Zero Knowledge Proof) to convey ad attributions and confirmations as well as transactions
BAT Gemini (fall 2017/winter 2018)
KYC (humint + machine learning), rate, and flow control for anti-fraud
User Growth Pool (UGP) grants to users who opt into the new model
Further machine learning development and optimization
Further demand-side dashboard to BAT ad/offer catalog work
Ledger- and Ethereum-attested dashboard analytics for early publishers interested in BAT indirect ad partnership trials
User-private ad trials with select agency and other demand-side / lead-gen partners
One premier publisher partner to co-develop publisher-provided inventory system
Revenue as soon as system performs as well as or better than status quo ad-tech
BAT Apollo (rest of 2018)
Real ad revenue that scales with user growth; further UGP grants & growth hacks
Donation flow fee revenue, smaller but scaled as far as possible via incentives to users who get BAT revenue from ads and want to give back to their pinned and top sites
Major work to move from Brave Ledger confirmation and revenue flows to entirely decentralized on Ethereum flows using a state channel with ZKP for anonymity
Evolved BAM options based on premium attention models — price discovery at high end
Aggregated, large-anonymity-set reports and forecasts on the Ethereum blockchain, with competitive demand (advertiser) and supply (publisher) dashboards for performance measurement, optimization and sales planning
BAT integration into other apps based on open source & specs for greater ad buying leverage and publisher onboarding
Conclusion
Some of this work will happen ahead of the rough dates in parentheses above, enabling other work to happen sooner. Other work that’s hard to estimate right now may take longer. We will adjust the roadmap quarterly and build a new one when this one has fulfilled its purpose.
Much depends on our hiring quickly and well. With the right talent engaged and working well together, I am confident we can build and scale this system to have complete user control and much better economics than the failing ad-tech ecosystem upon which the Web relies today. Let’s build it together. We are all-open-source, and we are hiring.
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