Basic attention token

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Basic Attention Token SupplyCirculating SupplyTotal SupplyMax Supply
1,498,928,026 BAT
1,500,000,000 BAT
1,500,000,000 BAT

BAT Price Live sầu Data

The live Basic Attention Token price today is $0.375776 USD with a 24-hour trading volume of $75,459,965 USD. We update our BAT khổng lồ USD price in real-time. Basic Attention Token is down 5.52% in the last 24 hours. The current ranking is #78, with a live sầu market cap of $563,261,752 USD. It has a circulating supply of 1,498,928,026 BAT coins and a max. supply of 1,500,000,000 BAT coins.

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If you would like to lớn know where khổng lồ buy Basic Attention Token at the current rate, the top cryptocurrency exchanges for trading in Basic Attention Token stoông chồng are currently Binance, OKX, Bybit, FTX, và Bitget. You can find others listed on our crypto lớn exchanges page.

What Is Basic Attention Token (BAT)?

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platsize designed to lớn fairly reward users for their attention, while providing advertisers with a better return on their ad spover.

To learn more about this project, check out our deep dive sầu of Basic Attention Token.

This experience is delivered through the Brave sầu Browser, where users can watch privacy-preserving adverts và receive BAT rewards for doing so. On the other hvà, advertisers can deliver targeted ads khổng lồ maximize engagement và cut down losses due khổng lồ ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, & is exchanged between advertisers, publishers và users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed lớn advertisers, while 70% is distributed khổng lồ users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation khổng lồ improve sầu cost-efficiency.

Basic Attention Token launched in 2017 following one of the fasdemo sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience khổng lồ users in most countries through its Brave Rewards program.

As of November 20đôi mươi, the United States, the United Kingdom and Canada had the most active sầu advertising campaigns.

Who Are the Founders of Basic Attention Token?

Basic Attention Token has two founders: Brendan Eich and Brian Bondy — two highly distinguished individuals in the mạng internet browsing software industry.

Brendan Eich is the CEO of Brave sầu Software, Inc — the parent firm behind the Brave sầu browser và Basic Attention Token. Prior to his role at Brave sầu, Eich was the founder & CTO of Mozilla and also invented JavaScript in 1995. He also helped launch one of the world's most popular web browsers in 2004 — Mozilla Firefox.

Likewise, Brian Bondy joins as Brave's và Basic Attention Token’s CTO. Bondy is a heavily experienced engineer with previous experience working as a senior software engineer at Mozilla, software developer at Corel Corporation and software development lead at Khan Academy. Together, Eich & Bondy have a combined 50+ years of software development experience.

In total, the Basic Attention Token website lists 16 team members, many of whom have a development, engineering or research background.

What Makes Basic Attention Token Unique?

The primary use case for the Basic Attention Token is as a payment token for running advertising campaigns through Brave Ads. As of November 20trăng tròn, advertisers must commit lớn a minimum ad spend of $2,500 per month to be able to lớn 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-tiệc nhỏ exchange platforms. Out of this, Brave takes a small commission, & the rest is distributed lớn publishers & users.

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

Both Basic Attention Token và Brave Browser have achieved significant user uptake since their launch. As of October 2020, Brave Browser has a total of đôi mươi.5 million active monthly users, whereas the Basic Attention Token is now held by a total of more than 368,000 chất lượng wallets.

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How Many Basic Attention Token (BAT) Coins Are There in Circulation?

Basic Attention Token has a maximum total supply of 1.5 billion tokens. This cannot be increased without switching khổng lồ a new token smart contract.

Almost all of this supply is in current circulation. As a result, Basic Attention Token can be considered almost fully diluted.

In its 2017 ICO, a total of 1 billion BAT tokens were sold to lớn investors, whereas the remaining 200 million tokens were locked in a development pool, & 300 million BAT was reserved for the user growth pool (UGP). As of November 20đôi mươi, both the development pool và UGP.. pool addresses are nearly empty.

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How Is the Basic Attention Token Network Secured?

Basic Network Token (BAT) is an ERC-20 token. As such, it is built on the Ethereum blockchain. Like any ERC-đôi mươi token, BAT is secured by a rigorously tested proof-of-work (POW) consensus algorithm supported by an extensive Ethereum miner network.

This consensus algorithm ensures only valid transactions are confirmed, while the combined work of the Ethereum mining network ensures BAT transactions are essentially irreversible once confirmed.

Where Can You Buy Basic Attention Token (BAT)?

Basic Attention Token can currently be traded on the majority of popular cryptocurrency exchange platforms, & currently has excellent liquidity. Binance, Coinbase Pro & Huobi Global count aao ước the most reputable exchanges for BAT trades.

Like many cryptocurrencies, BAT can be purchased directly using fiat at a variety of brokers or can be traded against fiat assets on platforms lượt thích Kraken & Bithumb.