Google doesn't fuck around when it comes to market share. They are building a value-add layer onto a tried-and-true battle tested product.īut also don't expect Google and their 40,000 world-class engineers, nearly endless warchest, an army of Product, design and marketing folk and one of the largest collections of user engagement data and AI/machine learning/data analytics muscle to just have their kingdom taken away from them lying down. This dude basically invented the modern browser.īrave inherits all the value and development that is plowed into the Chromium open source project. The founder of Brave is from Mozilla and built Firefox in 2002 almost 20 years ago. If you can build and scale the software and you find a niche of product market fit you can get traction. If you can sell books online you can sell anything. I've been in the tech industry on the engineering side for almost 15 years.Īmazon was just a dude using a door on saw horses as a desk that sold books online.
This also does not take into account the possibility that Brave-using governments might want to pay for international goods using legacy currencies anyway in some cases, which could, and probably will, lower the maximum price of BAT.Įven with legacy currencies still in play, $2,000 per BAT does not seem so far-fetched now, does it? This does not take into account numerous smaller factors, such as advertising, or factors that are harder to quantify, such as User and Creator Wallet balances.
Assuming that Brave Software International had about 60% of the total browser market share, and that there are 5 billion Internet users in the world, that would equal 3 billion Brave users, which is about 40% of the world population.Īssume that due to such a large user base, a focus on privacy and expanding use cases, a desire to remove pretenses of imperialism, etc, BAT becomes a sort of "reserve cryptocurrency" used for international trade, and that such trade amounts to approximately $20 trillion in the near future.ĭivide that by 1.5 billion BAT, and that is a maximum theoretical price of approximately $13,000 per token based on international trade alone. Let's say that Brave took the place of Alphabet, better known as Google. $40 has been bandied about by many BAT optimists here, but is that the maximum price, or just a good-natured meme? Here are some calculations:
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