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Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain. The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
There is no technology description for Basic Attention Token yet.
We can not provide any looks into the future for Basic Attention Token yet.
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Organization: WhoisGuard, Inc.
Name: WhoisGuard Protected
Address: P.O. Box 0823-03411
Creation date: 2017-02-04
Expiration date: 2020-02-04
The solution for current online advertising problems is a decentralized, transparent digital ad exchange based on Blockchain. The first component is Brave, a fast, open source, privacy-focused browser that blocks third party ads and trackers, and builds in a ledger system that measures user attention to reward publishers accordingly.
The whitepaper of Basic Attention Token is 37 Pages long.
The most influencial keywords are: Users, Added, Advertising, Advertisers publishers, Publishing, Bats, Party ads, Attention, Publisher content, and Token.file_downloadOpen Whitepaper
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The exact founding date of Basic Attention Token is unfortunately not that clear.
Its source code was released publicly on github on November 2017
under the Other license.
Organization wise, Basic Attention Tokens Development is Centralized and is being developed under the lead of Brendan Eich.
The consensus on which the Basic Attention Token network is run is called Not mineable, while
the underlying algorithm is called None.
In the current state of Basic Attention Token currently is Beta version
|view_list r/BATProject Subreddit|
|person 31,636 Subscribers|
|directions_run 485 Active Users|
|create 18 Daily Posts|
|speaker_notes 118 Daily Comments|
OFFICIAL Basic Attention Token (BAT) Telegram group. Intro guide: https://goo.gl/eD2x2m
Twitter: @AttentionToken & @BAT_Community
Community rules: https://batcommunity.org/guidelines.html
|view_list Basic Attention Token Channel|
|person 14,550 Members|
|directions_run 957 Online|
Official Twitter account for Basic Attention Token
|view_list @AttentionToken Channel|
|person 108,167 Followers|
There are no events for Basic Attention Token in the next 3 Months
The Google Trends chart displays the search interest on google in Basic Attention Token relative to its peak over the last year. A rising chart shows growing interest int he project.
Every change to the codebase of Basic Attention Token is registered as a commit. More active projects have many commits, dead projects nearly none.
Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.
|star 4,511 Stars|
|remove_red_eye 179 Watchers|
|usb 443 Forks|
|sync_problem 1,855 Open Issues|
|border_color 0 Comment Coverage|
|lock_open Other License|
Convert between BAT and USD with the live Basic Attention Token prices, aggregated from all big exchanges that trade Basic Attention Token.
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
It is not exactly clear who is the main driving force behind Basic Attention Token.
Founder, vision, strategy
Co-founder, browser engineering lead
Chief scientist (nchain)
Senior software engineer
Security & privacy engineering
Bat smart contracts & economics
Brand & interaction design
Electron & chromium integrations
While many Initial Coin Offerings have been organised by several different cryptocurrencies, none of them could have witnessed what BAT ICO did. The BAT ICO was marked with complete action, where the company raised more than $35 million in a mind-boggling record time of under one minute. Though there have been instances of concerns being raised as to the inability of many people to participate in the ICO, as only a handful of big shareholders took a chunk out of the BAT supply. One buyer even managed to secure a $4.7 million worth of Basic Attention Token deal (Russell, 2017).
Since then, BAT has frequently managed to maintain its position in the news and among cryptocurrency enthusiasts. Recently, it partnered with TAP network, which is an advertisement company with over 250,000 clients. This could give Brave-Browser and BAT a real boost in terms of its reach (Tapcoin, 2019).
The code for the Brave Browser and BAT Blockchain is developed and upgraded by the Brave Software Team. The team includes many famous names of the programming industry. Even though they have not been able to deliver every development according to the deadline, they have achieved much if we talk in respect of the Brave project. The developments can be overviewed on GitHub with the latest upgrades available on the site (Team Brave, 2019).
After the cryptocurrency bull-run in 2017, the world saw a considerable increase in the users and a significant amount of attention being diverted towards the cryptocurrency technology. Many more businesses were adamant to incorporate some cryptocurrency in their business some way or another. This led to the introduction of many specialized coins that had a much localized purpose, like loyalty-building coins and utility tokens. Among them is Basic Attention Coin (BAT).
The Basic Attention Token (BAT) is a specialized utility token which will be solely used within the Brave-Browser Ecosystem. The Brave Browser https://brave.com/download is an internet browser comparable to the build of Google Chrome Browser. The catch, however, is that Brave-Browser offers integrated Ad Blocker and Tracker Blocker which serves a solution to the ad spamming that internet users experience frequently. This results in faster browsing and small loading times as the user does not have to process ad data as well. The browser also gives its users the option to see ads that are verified by Brave, and if they do so, they will be able to earn BAT tokens that can be used within the Brave ecosystem to purchase several benefits on apps like YouTube and Twitch (Team Brave, 2018).
The company has already launched the Brave-Browser which is a completely working version for desktop and mobile devices. The main goal of the product is to achieve undisturbed and seamless web browsing which is not plagued by ad spamming. For this purpose, it comes with an integrated advertisement blocker and tracker blocker. Unless and until the user opts for Brave-verified ads, they will not be bothered with any ads. In return for seeing the ads, the users will be able to earn free BAT coins. The Browser comes with many features, and the interface is really clean and easy to use (Team Brave, 2018).
The founders of BAT Token and Brave-Browser are not unknown to the world of technology. The project was founded by the much famous Brendan Eich, who serves as the CEO, and Brian Bondy who has taken the command as CTO of the project.
The second co-founder is Brian Bondy, on the other hand is no lesser in expertise and relevant skills. He left a mark in the programming industry with his involvement in projects like Khan Academy App for Firefox OS and Windows 8, among many other interesting applications (TeamPublications, 2014).
|Security||BAT token is based on the Ethereum Blockchain, and offers similar level of security.|
|Adoption||The token has gained a lot of popularity in a very short time. The community wholeheartedly supports the token and the incentives it offers. It has captured partnerships with TAP network and some media groups.|
|Transaction cost||BAT transactions are subject to a transaction cost of a few cents.|
|Decentralization||The cryptocurrency offers high level of decentralization and it was released through an ICO.|
|Product availability||The cryptocurrency is a functioning technology, with BAT tokens being already used within the Brave Browser.|
|Exchange availability||Basic Attention Token (BAT) is available on almost every exchange and has a BAT/USDT trading pair on Binance since March 2019.|
|Transactions per second||Tokens that are built on top of Ethereum can’t exceed the TPS of Ethereum yet.|
|Transaction speed||There are no official figures available, but tokens that are built upon Ethereum Blockchain cannot exceed its transaction speed yet.|
|Enery consumption||The energy consumption is comparable to that of Ethereum.|
|Privacy||The technology does not offer complete privacy as BAT is a pseudonym cryptocurrency which means that transactions can be tracked and balances of individual accounts can be made known.|
The world of cryptocurrency is not unfamiliar with what BAT holds in as its potential. With BRAVE-Browser steadily registering many new users each day, it should become one of the most popular web browsers where users will come because of its faster performance and no advertisements without approval. It will also become the next hub for advertisements and many businesses will look towards Brave Browser to advertise their products in a regulated manner.
Advertisement companies are already eyeing the browser and the user base is growing further.
BAT will probably be used to buy premium content or to buy products/services online once it becomes mainstream through the Brave Browser.
The main project under the parent company is the Brave Browser, which is already functioning seamlessly and receives frequent upgrades and fixes from the development team. With Brendan Eich as the CEO, the project is destined to achieve the best. His insights has previously made a company like Mozilla, and now he has built a team that fits the sphere in all perspectives. Also, potential business contacts and partnerships can further enhance the project.
The roadmap for the project indicates that the next step is to finalize the BAT Blockchain, develop regionalised advertisements and interact advertisement companies so that the whole model comes in its working position and starts bearing results.
The advertisement industry is huge with revenues reaching up to a staggering amount of billions of dollars. Brave Browser aims to capture a big portion of just that, and if it succeeds to do so, it will become the first Blockchain based incentive that could make its mark in the industry. Therefore, the potential of the BAT technology is huge.
Although BAT can be compared to the likes of LEO Token and Huobi Token which are loyalty building tokens that can only be used within the ecosystem of their respective products, there are not much coins that can compete in terms of technological benefits offered by BAT. There are no substitutes with their own browser development teams that can compete with BAT in the field of advertisement.
The Brave Software Company has been able to acquire and form meaningful partnerships with different companies. In 2018, it was revealed that Brave has partnered with the famous Dow Jones Media Group. The users of Brave-Browser could access the premium content on the website for free and could also choose to donate BAT tokens that they redeemed on the Brave ecosystem (Team Brave, 2018).
Then in February 2019, another major development for the Brave Software Company and their BAT token came in. This time, a partnership with the TAP network was formed. Brave Browser could now use the 250,000 clients of the TAP network and distribute its advertisements through them, gaining a handful of reach (Tapcoin, 2019).
The BAT community on Reddit is very active with posts being written daily and community managers who contribute to it frequently and look after the network. The Brave Browser has already reached a landmark of 10 million downloads in 2018, with the number of unique users still growing steadily. Also, users have now started to build their own websites which are compatible with the Brave-Browser (BATGrowth, 2019).
The Basic Attention Token (BAT) and Brave Browser are backed by a very strong development team which not only is among the strongest teams of the current crypto sphere, but also have all the relevant skills and expertise to build upon the project. Most widely known members are Brendan Eich (CEO) and Ben Livshits (Chief Scientist).
|# 1||Binance||BAT/BTC||$ 0.217461||$ 2,651,609||check|
|# 2||Coinbase Pro||BAT/USDC||$ 0.220495||$ 1,607,904||check|
|# 3||Binance||BAT/ETH||$ 0.218151||$ 252,555||check|
|# 4||Coinbase Pro||BAT/ETH||$ 0.219474||$ 161,794||check|
|# 5||Kraken||BAT/USD||$ 0.218870||$ 134,076||check|
|# 6||Binance||BAT/BNB||$ 0.216508||$ 96,969||check|
|# 7||Kraken||BAT/EUR||$ 0.215521||$ 94,524||check|
|# 8||Binance||BAT/USDC||$ 0.216295||$ 86,682||check|
|# 9||Bittrex||BAT/BTC||$ 0.217095||$ 75,136||check|
|# 10||Kraken||BAT/BTC||$ 0.218046||$ 71,467||check|
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