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RE: Is Basic Attention Token (BAT) currently undervalued? Yes - here's why I believe it is.
I agree to some degree, the problem is that they actually have product :), and in crypto space everything is about hype and releasing a real product doesn't always work well.
Indeed that's the stage we seem to be at. I suspect there will be a shakedown at some point in the future where things become more rational- and at that point the companies with products and adoption will survive the cull. Two guys in their garage with a white-paper essay just won't cut it anymore.
Sticking with "value" (i.e. Steem, BAT, Ethereum, BTC, NEO) seems like the most prudent approach going forward.