The Basic Attention Token is an ERC20 token that is used to power the Brave browser. The token can be used to tip content creators, as well as to purchase advertising on the Brave platform.
While the token is based on the Ethereum blockchain, it is not clear if the token is fully backed by Ethereum.
The Basic Attention Token was created by Brendan Eich, the co-founder of Mozilla and the creator of JavaScript. The token sale raised $35 million, and the token has a total supply of 1.5 billion.
The token launched on May 31, 2017, and is currently trading at $0.20.
NOTE: WARNING: Before investing in any cryptocurrency, it is important to understand the underlying technology and risks associated with it. BAT is not based on Ethereum, nor does it have any direct connection to the Ethereum blockchain. Investing in BAT tokens carries its own set of risks, and should be considered carefully before investing.
The Brave browser is a privacy-focused browser that blocks third-party ads and trackers. The browser also has a built-in ad network that rewards users with BAT tokens for viewing ads.
The goal of the Brave browser is to provide a better experience for users, while also supporting content creators.
The Basic Attention Token is intended to be used as a currency within the Brave ecosystem. Users can use BAT to tip content creators, or to purchase advertising on the Brave platform.
Publishers can also use BAT to access premium features on the Brave platform.
The Basic Attention Token is based on the Ethereum blockchain, but it is not clear if the token is fully backed by Ethereum.
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