What is Basic Attention Token?
They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a store of value, unit of account and medium of exchange. The digital asset has since served as the benchmark crypto asset. BAT is given to publishers of digital advertisements and users of the Brave browser as a reward. It is connected with attention value calculated on the basis of incremental duration and pixels in view for any relevant advertising content. Users can exchange tokens for special services offered by the system and even pay for accessing premium content. It is a blockchain-based system for tracking consumers’ time on websites using the Brave browser.
- This is tried and true product that keeps your coins safe from on-line and off-line threats.
- Whether you’re looking to compliment a bag of the digital currency you already have or might have in the future, it’s up to you.
- Technical indicators suggest the recovery phase of BAT token over the daily chart.
- As we mentioned earlier in the article, there is a total supply of around 1.5 billion BAT tokens.
- And yet, when placed together with the Brave wallet, these fall in comparison.
- The information in this article is supported by the following reliable sources.
The idea behind Basic Attention Token is that internet users who surf the web on Brave can earn BAT for viewing advertisements. You can then hold onto your BAT in a personal wallet or you can use some of it to tip your favourite websites and content creators.
Can Basic Attention Token (BAT) Reach $10?
2023 will see the DeFi sector continue to expand into BAT, finding new ways to utilise the coin and build DeFi apps with it. Basic Attention Token was first available via its ICO which took place on the 31st of May 2017 at $0.036 per What is Basic Attention Token BAT — a low it hasn’t returned to. A month later in June, CoinMarketCap began tracking the price of BAT where it traded at $0.1566. Founder Brendan Eich helped create the programming language JavaScript and the web browser Firefox.
