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basic-attention-token-crowdsale

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Basic Attention Token

Project mention: What Happened with the Web Monetization API? | news.ycombinator.com | 2024-02-06

Agreed. Brave actually implemented this exact thing[1], and then got dumped together with other crypto scam projects, which continues to happen in this very thread.
Crypto haters are quick to shout that cryptocurrencies have no practical use, and introduce many problems, but this is a perfect use case for them. The negative discussion has detracted from some truly disrupting technologies being adopted, which is a damn shame.
Brave Inc. has made some missteps, sure, but I don't think they're overall an evil or scam company. A solution like BAT can eventually move us away from the current ad-infested web where advertising leeches serve as sleazy middlemen between users and companies, and scams and fake content flood the web in order to trick SEO and get easy ad revenue. The modern web is a minefield corrupted by advertising.
If browsers integrated with a decentralized wallet, that can either be filled by watching privacy-preserving ads OR by manually adding credit to them, had Humble Bundle-like sliders for users to control how much of their credit is allocated for each site, and the web had standardized APIs for websites to set their minimum price, then it would solve the monetization issue once and for all. The basic customer-business relationship would be preserved, where customers actually pay for the services they use, instead of the corrupt business models of today where web users are not even the customers, but a piece of rock gold can be mined from, and its value milked in perpetuity.
I think the single largest reason this hasn't happened yet is because it would negatively impact the profits of adtech giants who are running the web, and have a strong sway in directing its future. If any solution has a chance in getting mass adoption it needs to happen outside of the web, and be built from the ground up by avoiding the mistakes we now know have lead us to where we currently are.
[1]: https://basicattentiontoken.org/

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