Basic Attention Token (BAT) is an open-source, decentralized ad exchange platform built on Ethereum platform. Basic Attention Token held an initial coin offering on May 31, 2017 for its eponymous ERC-20 utility token, raising approximately $35M USD at the time in less than 30 seconds. The Basic Attention Token aims to fix digital advertising, which is broken, fraudulent and opaque.
Basic Attention Token work by having advertisers pay BAT to website publishers for the attention of users. The BAT token is designed to correctly value and price user attention within the platform. The Basic Attention Token comprises various components, including attention measurement systems, analytics dashboards and machine learning algorithms. Integration of BAT into a given host application involves implementing BAT Ads, a system that matches and displays ads to users based on locally stored data. Ad targeting is performed wholly on-device, removing the need for third-party tracking. BAT is focused on the Brave browser. Brave is an open-source, privacy-centered browser designed to block trackers and malware. It utilizes blockchain technology to anonymously and securely track user attention, which translates into rewards for publishers.
A user's attention, meaning his or her focused mental engagement on digital content like advertisements, is logged through Brave. The makers of BAT indicate that the user's private data and tracking information is stored only on the user's device, ensuring that it is anonymous and private.
Created back in 2016, the Basic Attention Token has one of the biggest names behind it, that of Brendan Eich, the creator of JavaScript and the legendary co-founder of Mozilla. Other noteworthy team members include Brian Bondy, lead developer and co-founder of Brave and Scott Locklin, senior engineer, and co-founder of Kerf Software."
Basic Attention Token is created by the team that built the Brave browser, an open-source, privacy-focused browser that blocks ads and trackers. The browser measures user attention and rewards publishers for users attention.
Use the Brave browser to protect your privacy and support CoinGecko at the same time: https://brave.com/coi600
Where is Basic Attention available for purchase?
You can exchange BAT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Basic Attention is HTX, notably the BAT/USDT pair, which saw a trading volume of $ 1,74 MLN. in the past day. Additionally, Trubit and BloFin are popular alternatives for trading tokens.
What is the highest value Basic Attention (BAT) has ever reached?
Basic Attention (BAT) reached its peak price at 1.9 $ on 28 November 2021, approximately 3 years ago ago. Presently, the current price is -91.77% lower than this all-time high.
What is the historical minimum price for Basic Attention (BAT)?
The minimum price reached for Basic Attention (BAT) was 0.07239 $, documented on 16 July 2017, more than 7 years ago. In comparison, the current price is 115.9%, it above this historical low.
What is the fully diluted valuation of Basic Attention (BAT)?
The fully diluted valuation (FDV) of Basic Attention (BAT) stands at $ 231,12 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,500,000,000 BAT tokens. The realization of this FDV might take several years depending on the emission schedule of BAT tokens.
How to add Basic Attention (BAT) to MetaMask?
By integrating Basic Attention (BAT) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import BAT as a token. You can either manually import BAT by copying its contract address (0x0d8775f648430679a709e98d2b0cb6250d2887ef) or use MetaMask's Chrome extension to add BAT with a single click through Pirate.Place.
How to add Basic Attention (BAT) to TrustWallet?
Incorporating Basic Attention (BAT) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include BAT, you can either manually import it using the contract address (0x0d8775f648430679a709e98d2b0cb6250d2887ef) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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