While past performance should never be taken as an indicator of future results, knowing what the token has done in the past can help give us some important context when it comes to either making a Basic Attention Token price prediction of our own, or interpreting one that is already out there. Now, let’s cast our eyes over the BAT price history.
On 14 January 2022, the crypto exchange Bitfinex said it was delisting a couple of trading pairs for the digital advertising token BAT (Basic Attention Token) at the end of January.īitfinex said it was removing the BAT/ ETH and BAT/ BTC trading pairs to help “consolidate and improve liquidity on Bitfinex, leading to a more streamlined and optimised trading experience for our users”. The token itself has not been delisted. Publishers need to sign up to be able to receive tips. Users of the Brave browser can tip publishers using BAT tokens as a reward for their content. The BAT token is also designed to enable users to send and receive micropayments. The money raised by these adverts is divided as follows: Advertisers conduct BAT transactions to acquire advertising space and market their products to users. The ads that they do see are more relevant to their interests, while protecting their rights to data privacy. The idea is for consumers to see fewer ads. “We see BAT and associated technologies as a future part of web standards, solving the important problem of monetising publisher content while protecting user privacy.” “User attention is valuable, but it hasn’t been properly priced with an efficient and transparent market system,” the project’s whitepaper states. As of 12 October 2022, Brave claimed 56.2 million monthly active users, and 19.6 million daily active users. So if it wants to be a Google Chrome killer, it still has some way to go, with Chrome having over 2.65 billion monthly users. The Brave browser contains a ledger system that measures user attention anonymously to reward publishers accurately. The system is designed to promote prolonged user interest by providing more efficient content. BAT is awarded to advertisers in exchange for user attention. Brave is an open-source platform that blocks third-party advertisers and trackers, while rewarding users for viewing advertising from its approved publishers. How does BAT work? BAT is the token used by privacy-focused web browser Brave. BAT runs on the Ethereum blockchain and is designed to facilitate digital advertising. The Basic Attention Token (BAT) was created in 2015 by Brendan Eich, a US-based programmer who co-founded the Mozilla browser and invented the JavaScript programming language. US30 US Wall Street 30 (USA 30, Dow Jones)
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