Basic Attention Token (Bat) Definition

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Basic Attention Token SupplyCirculating SupplyTotal SupplyMax Supply
1,498,150,386 BAT
1,500,000,000 BAT
1,500,000,000 BAT



BAT Price Live sầu Data

The live Basic Attention Token price today is $0.392067 USD with a 24-hour trading volume of $62,033,357 USD. We update our BAT to lớn USD price in real-time. Basic Attention Token is up 0.51% in the last 24 hours. The current donghotantheky.vn ranking is #79, with a live sầu market cap of $587,374,684 USD. It has a circulating supply of 1,498,150,386 BAT coins & a max. supply of 1,500,000,000 BAT coins.

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If you would lượt thích khổng lồ know where to lớn buy Basic Attention Token at the current rate, the top cryptocurrency exchanges for trading in Basic Attention Token stochồng are currently Binance, OKX, Hotcoin Global, Bybit, & 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 khổng lồ fairly reward users for their attention, while providing advertisers with a better return on their ad spkết thúc.

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

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

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

Basic Attention Token launched in 2017 following one of the faskiểm tra 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 lớn users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canadomain authority had the most active sầu advertising campaigns.

Who Are the Founders of Basic Attention Token?

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

Brendan Eich is the CEO of Brave sầu Software, Inc — the parent firm behind the Brave browser & Basic Attention Token. Prior to his role at Brave sầu, Eich was the founder & CTO of Mozilla & 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 & 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 sầu a combined 50+ years of software development experience.

In total, the Basic Attention Token trang web lists 16 team members, many of whom have sầu 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 sầu Ads. As of November 20trăng tròn, advertisers must commit khổng lồ a minimum ad spkết thúc of $2,500 per month khổng lồ be able lớn launch their chiến dịch, but a self-serve sầu 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-buổi tiệc nhỏ exchange platforms. Out of this, Brave takes a small commission, và the rest is distributed lớn publishers và users.

One of the main distinguishing features about Basic Attention Token and the Brave sầu Browser ecosystem is the capacity to lớn 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 khổng lồ the platform khổng lồ collect any tips they have accumulated.

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

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Get ahead of the market with the largest news, analyses, and updates with the donghotantheky.vn blog.

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 to lớn 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 investors, whereas the remaining 200 million tokens were locked in a development pool, and 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-trăng tròn token. As such, it is built on the Ethereum blockchain. Like any ERC-trăng tròn token, BAT is secured by a rigorously tested proof-of-work (POW) consensus algorithm supported by an extensive sầu 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, and currently has excellent liquidity. Binance, Coinbase Pro and Huobi Global count among mỏi 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.