What is Basic Attention Token?BAT is a revolutionary tool for the users, advertisers and creators of online content. It is revolutionary in the sense that it has a different approach to how content creators are paid and in which manner users are exposed to advertisements.
Furthermore, BAT is an Ethereum based token and is well known for its Brave Browser. Brave is an open-sourced and absolutely free web browser. In actual fact, users get paid to surf the internet with the Brave browser in BAT coins. Brave blocks ads and website trackers. Users can also tip content creators with BAT coins.
During its Initial Coin Offering (ICO) that took place on 31 May 2017, more than 1 billion BAT coins were sold in a matter of 30 seconds. About 500 million BAT coins were kept for development of the product and user growth pools to promote the platform. The project made headlines by receiving $7 million in angel investments from various prominent venture capital firms.
What is the Brave browser?The Brave browser presents content creators, users and advertisers with an alternative to the Google search engine. Currently there are a lot of concerns from content creators and users when making use of Google and YouTube for example. Several YouTubers have actually moved to the Brave browser after complaining that YouTube takes too big a cut of their earnings. Users have followed suit in an effort to prevent interruptive advertisements and out of fear that their personal data may not be secure.
As a matter of fact, Brave has an ad blocking feature and pays users to view ads. Ads and trackers are blocked by default and users are given the option to participate in the Brave Rewards Program whereby they are incentives for watching ads. This means you can earn a passive income just by viewing ads.
Also, viewers and fans can pay content creators and publishers on the Brave browser with BAT tokens.
BAT’s revenue sharing program has been very successful. Within the first month of its release, the Brave browser had more than 5.5 million active monthly users. Currently, it has more than 3 million active users on a daily basis.
In an effort to secure users’ valuable data, Brave incorporates Chromes Incognito mode and additional Tor browsing window.
Download the Brave browser.