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What is Basic Attention Token

What is Basic Attention Token (BAT)?

Basic Attention Token basic info

Name:Basic Attention Token

Ticker:

BATBuy now

Introduction:

What Is Basic Attention Token?

In the digital age, the intrusion of advertisements and unwarranted tracking has become a pervasive issue, often infringing upon user privacy and slowing down page load times. Basic Attention Token, founded by Brendan Eich, the co-founder of Mozilla and Firefox, seeks to revolutionize the digital advertising space by fostering a more secure, fair, and efficient environment.

Built atop the Ethereum blockchain, BAT operates as the native token of the Brave browser, a privacy-centric web browser that actively blocks malvertisements and trackers, ensuring a safer and faster browsing experience. This innovative approach not only promises to enhance user privacy but also aims to rectify the current shortcomings in the digital advertising sector, which often sees users bombarded with ads that violate personal privacy and consume substantial data.

Resources

Whitepapers: https://basicattentiontoken.org/static-assets/documents/BasicAttentionTokenWhitePaper-4.pdf

Official website: https://basicattentiontoken.org

How Does Basic Attention Token Work?

The BAT ecosystem operates on a user-focused approach, where the engagement and attention of users are logged securely and anonymously, translating into rewards for publishers. This blockchain-based system tracks the time and attention users spend on websites using the Brave browser, creating a value system based on online attention.

Users have the autonomy to control the type and number of ads they wish to see, and in return, they are rewarded with BAT tokens. This not only ensures that advertisers reach a willing and engaged audience but also incentivizes publishers to create high-quality content that can attract more consumers. Moreover, the Brave browser employs machine learning algorithms to match advertisements with customers based on their interests, fostering a more personalized and efficient advertising experience.

What Is The BAT Token?

The BAT, or Basic Attention Token, is a utility token intricately linked with the Brave browser. It serves as a medium of exchange within the Brave platform, facilitating transactions between users, advertisers, and publishers. The token is built on the Ethereum blockchain, and it plays a central role in the revenue share model of Brave, optimizing ad revenues and refining the digital advertising experience.

Users can earn BAT tokens by viewing ads, creating content, or referring friends to the Brave browser. These tokens can then be used to tip content creators, traded for other cryptocurrencies, or exchanged for cash. With a finite supply of 1.5 billion tokens, BAT represents a known value, promising a decentralized finance (DeFi) ecosystem that rewards all participants fairly.

Basic Attention Token’s Impact on Finance

The inception of BAT heralds a transformative phase in the financial sector, particularly in the realm of digital advertising. By fostering a more equitable distribution of advertising revenue, BAT promises to disrupt the traditional models where tech giants monopolize a significant share of ad revenues.

Furthermore, BAT opens up new avenues for financial transactions, allowing users to procure goods and services, support content creators, and even engage in the burgeoning space of non-fungible tokens (NFTs). As the Brave browser continues to grow, with over 40 million monthly active users, it stands as a testament to the potential mass adoption of decentralized finance, paving the way for a more balanced and respectful internet experience.

What Determines Basic Attention Token’s Price?

In the dynamic world of cryptocurrency, the Basic Attention Token price is influenced by a myriad of factors, making BAT price analysis a critical tool for potential investors. The BAT token value is closely monitored within the Brave browser ecosystem, where it functions as a medium of exchange between users, advertisers, and publishers. The BAT cryptocurrency has carved a niche in the digital advertising space, promising a more equitable distribution of advertising revenue. This unique proposition in the market has a significant bearing on the Basic Attention Token forecast, with experts analyzing BAT crypto news and the latest developments to provide accurate predictions on the Basic Attention Token price.

The Basic Attention Token market cap is another vital parameter influencing the BAT to USD price. As investors explore opportunities for Basic Attention Token investment, they often refer to data from resources like BAT coinmarketcap to gauge the token's potential for growth. The BAT trading volume on various exchanges also serves as an indicator of the cryptocurrency's popularity and liquidity, often reflected in the BAT real-time price. Moreover, an analysis of the Basic Attention Token historical data and BAT price chart offers insights into the token's past performance, aiding investors in making informed decisions.

Furthermore, the BAT USD price is also swayed by broader market trends and sentiments prevalent in the cryptocurrency sector. Investors and traders maintain a close watch on BAT token news and BAT crypto predictions to stay abreast of developments that could potentially impact the token's price trajectory. Additionally, the security and functionality of the Basic Attention Token wallet can influence investor confidence, thereby affecting the token's market valuation. As the cryptocurrency market continues to evolve, the Basic Attention Token stands as a promising venture, with its unique approach to digital advertising positioning it as a potential game-changer in the industry.

Conclusion

In conclusion, the Basic Attention Token (BAT) signifies a monumental shift in the digital advertising landscape, fostering a user-centric ecosystem that champions privacy and equitable revenue distribution. Situated at the heart of the Brave browser, it capitalizes on the power of the Ethereum blockchain to offer a revolutionary approach to online advertising where engagement and attention are rightfully rewarded. As a promising investment avenue within the decentralized finance sphere, BAT stands as a beacon of innovation, promising a more balanced, respectful, and rewarding internet experience. Investors and users alike should remain vigilant of its market trends and developments, utilizing resources and analyses from reputable platforms to navigate this burgeoning digital frontier.

Current price:

$0.2096More price details

All-time high:$1.92

All-time low:$0.06621

BAT supply and tokenomics

Circulating supply:1,495,658,400 BAT

Total supply:1,500,000,000 BAT

Max supply:1,500,000,000 BAT

Market cap:$313.44M

Fully diluted market cap:$314.35M

Token allocation:

Investors

66.70%

Premined Rewards & Airdrops

20.00%

Founders & Project

13.30%

Tokenomics:

Uniqueness

The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. As of November 2020, advertisers must commit to a minimum ad spend of $2,500 per month to be able to launch their campaign, but a self-serve platform with potentially lower limits is currently in the pipeline.

Currently, this advertising budget must be paid entirely in Basic Attention Tokens, which advertisers can acquire from a variety of third-party exchange platforms. Out of this, Brave takes a small commission, and the rest is distributed to publishers and users.

One of the main distinguishing features about Basic Attention Token and the Brave Browser ecosystem is the capacity to reward (tip) users who are not yet part of the network — this includes both websites and individual Twitter users. These users can then securely register to the platform to collect any tips they have accumulated.

Both Basic Attention Token and Brave Browser have achieved significant user uptake since their launch. As of October 2020, Brave Browser has a total of 20.5 million active monthly users, whereas the Basic Attention Token is now held by a total of more than 368,000 unique wallets.

Token utility

Basic Attention Token ($BAT) is a blockchain-based digital advertising and rewards platform powered by BAT, an ERC-20 token, and Brave, a new internet browser. BAT is utilized within this ecosystem as a payment token allowing advertisers, publishers, and users to spend, receive, and earn BAT, respectively. BAT eliminates the need for third-party tracking and middlemen by matching and delivering ads client-side, locally, and on-device. Basic Attention Token itself is the reward unit in this advertising ecosystem, which is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns using BAT tokens.

Links

Website:https://basicattentiontoken.org/

Whitepaper:https://basicattentiontoken.org/BasicAttentionTokenWhitePaper-4.pdf

X:https://twitter.com/attentiontoken

GitHub:https://github.com/brave-intl/bat-ledger

Buy Basic Attention Token for $1Buy BAT now

What is the development prospect and future value of BAT?

The market value of BAT currently stands at $313.44M, and its market ranking is #224. The value of BAT is not widely recognized by the market. When the bull market comes, the market value of BAT may have great growth potential.

As a new type of currency with innovative technology and unique use cases, BAT has broad market potential and significant room for development. The distinctiveness and appeal of BAT may attract the interest of specific groups, thereby driving up its market value.

What will the price of BAT be in 2025?

Based on BAT's historical price performance prediction model, the price of BAT is projected to reach $0.3666 in 2025.

What will the price of BAT be in 2030?

In 2030, the BAT price is expected to change by +6.00%. By the end of 2030, the BAT price is projected to reach $0.6102, with a cumulative ROI of +176.38%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of BAT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

BAT price BAT price prediction BAT news

Is BAT worth investing or holding? How to buy BAT from a crypto exchange?

If you want to buy BAT, the following information may be helpful for your investment decisions:

In the last 7 days, the price of BAT has fallen by -24.63%, leading to negative returns for most BAT investors. The market is currently pessimistic about the price trend of BAT.

It is important to note that the current price of BAT has retreated by -89.09% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether BAT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in BAT or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of BAT, if you want to buy or sell BAT, you can consider Bitget for your trading needs. The best place to buy BAT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Basic Attention Token has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Basic Attention Token. Here's a step-by-step guide on how to buy Basic Attention Token on Bitget.

Buy BAT now Coin buying guide

How to get Basic Attention Token through other methods？

Using cash to buy Basic Attention Token is not the only way to obtain Basic Attention Token. If you have the time to spare, you can get Basic Attention Token for free.

Learn how to earn Basic Attention Token for free through the Learn2Earn promotion.

Earn free Basic Attention Token by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Basic Attention Token airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Basic Attention Token through Bitget Convert, Bitget Swap, or spot trading.

What is Basic Attention Token used for and how to use Basic Attention Token?

The use case of Basic Attention Token may expand as the crypto market and the project itself develop. Currently, you can use BAT to achieve the following goals:

Arbitrage by trading BAT: Since BAT is a frequently traded cryptocurrency, the price of BAT is always fluctuating. Earn more BAT by buying low and selling high on the exchange. Bitget spot market provides a variety of BAT trading pairs to fully meet your needs.

Earn by staking BAT: You can also generate income through financial management methods such as staking BAT or lending BAT. Bitget Earn offers a variety of financial products designed to help you earn more income from your BAT.

Send or pay BAT: If you want to give BAT to your friends, a charity, or a fundraiser, or you want to pay someone with BAT, you can quickly and easily send BAT to the recipient through their payment address.

You can also go to the official website of the Basic Attention Token project to learn more about the use cases of BAT. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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