Basic Attend Token is a token that is used by Brave Brave Advertising platform. The project was launched in mid-2017 and its official website was available on the link: https: // basicattenationtoken.Org.
History of the creation and how it works
The creator of the browser Brave is Braidon Eich. It is known for participating in the development of JavaScript programming language and Mozilla browser. A feature of Brave is a unique advertising system that is built into it. She is engaged in collecting data on the actions of the user and his behavior. This allows you to improve the effectiveness of advertising, since the technology is not limited only to the sites visited and monitors other actions.
The system developed by Eich uses completely new ways to collect statistics. Advertisers will definitely appreciate them. Brave browser receives the most accurate user information. This allows advertisers to show advertising only to those to whom it really can become interesting. A person who is not interested in ads will be able to refuse to receive them. Thus, both the user and the advertiser will be satisfied.
For payments, BASIC ATTENTION TOKEN tokens are used. The main feature of this whole system is exactly the fact that the user also takes part in it. Moreover, the browser collects information not only about individual users, but also selects certain parts of the audience.
The project was created to solve a number of various problems that the Internet advertising industry faces. Another task that the developer set himself is to ensure comfortable working conditions with websites for ordinary users.
Specifications
BAT is a regular ERC20 token created on the Ethereum blockchain using smart contracts. A total of one and a half billion BAT has been created. Of these, one billion is in circulation. Of the remaining 500 million, 300 million were allocated for the remuneration of users for the installation of Brave, and 200 million were sent to the reserve fund for development. Each coin can be divided and has 18 digits after aim. The Bat Smart contract in the Ethereum network is located at 0x0d8775F648430679A709E98D2B0CB6250D2887EF.
Course Bat
The project really managed to interest the community and cause excitement. With the help of the ICO, which took place in May 2017, the creators managed to attract $ 35 million. It should also be noted that all tokens, the number of which was equal to one billion, were sold in less than a minute.
Today, at the end of January 2018, the cost of one BAT is 50 cents. This allows him to have a capitalization of $ 500 million and take 52nd place in the ranking. The volume of trading on the exchanges reaches one billion over the past month, due to which the token is in the 56th place in the corresponding list.
The peak cost of BASIC ATTENTION TOKEN reached in January 2018 and it amounted to 90 cents apiece. The course has not yet experienced too strong jumps and all the price increase was smooth. Probably, in the future, token is waiting for even more pumps and fluctuations in prices that will attract traders with the opportunity to earn money.
Purse
Due to the fact that this digital currency does not use its blockchain and is built on the basis of Ethereum, a separate wallet users will not be needed. To work with Basic Attend Token, you only need to have an etherium wallet that supports the ERC-20 tokens. You can use an official wallet, but its installation takes a lot of time and space in the computer, because you have to load the entire blockchain, which weighs more than 30 gigabytes.
A good alternative is applications that do not require blockchain loading or Myetherwallet online wallet. Many users are skeptical of such sites, but it should be noted that not everything is so simple here. Myetherwallet is completely written on JavaScript and all its actions are performed right in the user browser. He sends nothing to the developers and is absolutely safe. BAT token is already included in the list of defaults in this wallet and you will not need to make any additional settings to start interacting with it. Ethereum address will be used to obtain all the assets that work on this platform.
Exchange
Often, interesting ERC20-tokens immediately fall into many different exchanges, because their addition does not require much effort due to the support of the standard. Basic Attend Token was no exception. According to data from the CoinmarketCap website, it is available at more than ten exchanges. The largest trading volume is, oddly enough, to the Korean site Huobi. She offers Bat/BTC and BAT/ETH pairs, which generate 10 million dollars transactions per day.
As for the more affordable platforms for trade that are not outside the language barrier, there are no problems here either. Token is available on Binance, Bittrex, Bitfinex, Liqui and Livecoin exchanges. All of them have trading couples with bitcoin and etherium, and Liqui and Gate.Io even offers trade with USDT. Separately, it is worth noting the decentralized Etherdelta trading platform, although it does not exceed several thousand dollars per day on it.
Conclusion
In conclusion, we can say that this token is undoubtedly a project that deserves attention, which has many prospects. The developers really seriously approached the issue of ensuring comfortable conditions for showing advertising. This should be evaluated by users and developers who are engaged in advertising business on the Internet. It should also be noted that the creators are not going to support only the Brave browser and seriously think about adding support and other popular browsers. This will not become a problem due to the fact that the token is universal, because it is built on ERC20 technology, which has already managed to become the standard.
I’m has been actively developing my agency, INCRYPTICO, together with the team of marketing specialists, advertising and PR managers who have all been working together earlier.
