Overview
Basic Attention Token (BAT) can be used as a payment token to run ad campaigns through the Brave browser. One of the most important features of Basic Attention Token, along with Brave browser, is its capacity to tip or reward users who are yet to become part of the BAT ecosystem; it also includes individual Twitter users and websites. The users can register on the platform securely, and they can collect tips that the other users offer. Since its launch, Brave browser and Basic Attention Token have already achieved several users; Brave browser has 20.5 million monthly active users, while Basic Attention Token is currently stored in over 368,000 wallets.
History of Basic Attention Token
- Launched in 2017, BAT is considered as one of the fastest ICO sell-outs that have ever happened. It had raised $35 million in funds within a minute. Basic Attention Token was founded by Brian Bondy and Brendan Eich, who are well-distinguished personalities in the software industry.
- The Basic Attention Token is a utility token developed on the Ethereum platform. It also powers the Brave web browser that has been developed to ensure secure browsing through the internet. Moreover, users are tipped with BAT tokens if they view certain ads. At the same time, creators and publishers earn tips and revenue.
- BAT is a reward for digital advertising, and it can be exchanged among users, publishers, and advertisers for their advertising campaigns. Further, advertisers pay in the form of BAT tokens; a small amount is given to advertisers, and 70% is given to users. In this way, the advertising costs are cut without the need for intermediaries, thereby improving cost-efficiency.
Experts Talk on Basic Attention Token
- According to Coinmarketcap, BAT currently ranks #72, and the token price of today is $1.38, and it has gone up by 2% in the last 24 hours.
- Cryptonewsz.com’s experts believe that in the next five years, BAT’s price might go up leaps and bounds in the advertising industry, and it might introduce new features in the long term. It has industry-wide support with several big names linked with it. This shows BAT has a bright future in the forthcoming years.
- As per experts, Basic Attention Token can be considered for long-term investment, as its main product, Brave browser, is developing well. Based on this, we can expect the price of this token to go up further.
Future of BAT: How High It Will Go
As per BAT price prediction 2021, this digital currency price might go up to $2.4 by the end of 2021. According to Wallet Investor, the price might go up by $1.3 by the end of December. According to expert’s predictions for 2023, the price might reach up to $4 by the end of 2023. Digital coin price prediction for BAT remarks that by 2025, this digital currency might go for a 400% raise, and it might reach $5.5.
Bottom Line
To conclude, BAT has become one of the well-known and popular tokens, which has a profound use case for problems concerning digital advertising. Further, Brave browser solves the problem of security and privacy for its users. Also, for their advertisers, it offers high-quality information without using Intermediaries. Basic Attention Token permits the advertisers to earn good returns, and it allows access to increase the performance metrics, which in turn helps them increase their efficiency. It solves several issues in the digital advertising industry like fraud and offers an improved browsing experience for its users.
To conclude, BAT has become one of the well-known and popular tokens, which has a profound use case for problems concerning digital advertising. Further, Brave browser solves the problem of security and privacy for its users. Also, for their advertisers, it offers high-quality information without using Intermediaries. Basic Attention Token permits the advertisers to earn good returns, and it allows access to increase the performance metrics, which in turn helps them increase their efficiency. It solves several issues in the digital advertising industry like fraud and offers an improved browsing experience for its users.
To conclude, BAT has become one of the well-known and popular tokens, which has a profound use case for problems concerning digital advertising. Further, Brave browser solves the problem of security and privacy for its users. Also, for their advertisers, it offers high-quality information without using Intermediaries. Basic Attention Token permits the advertisers to earn good returns, and it allows access to increase the performance metrics, which in turn helps them increase their efficiency. It solves several issues in the digital advertising industry like fraud and offers an improved browsing experience for its users.
To conclude, BAT has become one of the well-known and popular tokens, which has a profound use case for problems concerning digital advertising. Further, Brave browser solves the problem of security and privacy for its users. Also, for their advertisers, it offers high-quality information without using Intermediaries. Basic Attention Token permits the advertisers to earn good returns, and it allows access to increase the performance metrics, which in turn helps them increase their efficiency. It solves several issues in the digital advertising industry like fraud and offers an improved browsing experience for its users.