Basic Attention Token BAT
Report IssueBasic Attention Token (BAT) is a utility token based on Ethereum technology that can also be used as a unit of account between advertisers, publishers and users on a new blockchain-based digital advertising and services platform. A token is not a digital currency, security or commodity.
DetailsFundraising Statistics
$0.18 -2.56%
$0.024
Short Review Basic Attention Token
Crypto project Basic Attention Token (BAT) is classified as a DeFi. Basic Attention Token is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.50 B BAT (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of 1.00 B BAT (66.67% of total tokens) have been allocated for the public sale. The level of social activity of the Basic Attention Token project is assessed as Medium.
Basic Attention Token ICO Overview
Estimated date for the public token sale: 31 March 2017. Basic Attention Token (BAT) price during the token sale: 0.024 USD.
BAT Price Chart
The launch of BAT token trading took place on 1 June 2017.
Fundraising Rounds
Total sold 1.00 B BAT tokens (0.67% of total tokens). Total amount of funds raised by the Basic Attention Token project is $24.00 M.
Investment Round | Date | Price | Funds Raised |
Initial Coin Offering | May 31, 2017 | $0.024 | $24.00 M |
Basic Attention Token Investors
Basic Attention Token News
Basic Attention Token project news in real time.
Tweets by Basic Attention TokenCryptocurrency Basic Attention Token (BAT)
Basic Attention Token ( BAT is an ERC-20 token created as an advertising token. The main goal of BAT is to create a system that will connect users, advertisers and publishers in a decentralized manner. The BAT ecosystem includes the open-source Brave browser, designed to block trackers and malware. This browser is completely private. Using blockchain technology, the project team can anonymously and securely track user attention and reward publishers.
Why was the BAT token created? The main goal is to be a unit of exchange without intermediaries. The token is also used as a reward for users, publishers and advertisers. Users receive tokens for paying attention to advertisements, publishers receive a share of advertising revenue, and advertisers receive high profitability from their campaigns. Thus, the BAT network strives to make online advertising more transparent and the distribution of advertising revenues more equitable.
History of the Basic Attention Token (BAT) Project
Basic Attention Token was created by Brendan Eich and Brian Bondy. These people are very famous in the field of IT technology. Brendan developed JavaScript, one of the most famous programming languages. Brian and Brendan helped develop the Mozilla Firefox browser. Brian Bondy also made a major contribution to the development of projects such as Khan Academy, Evernote. BAT team members are revolutionaries in the modern advertising industry. They improve on current trends that are disadvantageous to users, advertisers and publishers. Their ideas may give us a product that we will use widely in the future. The BAT project is known as one of the fastest ICOs: on May 31, 2017, $35 million was collected in 30 seconds. 130 people purchased tokens, 5 of them bought half of the supply.
BAT Benefits
- BAT is a cryptocurrency that could revolutionize the advertising industry. BAT is one of the very few cryptocurrencies with legal use case and work product.
- The BAT token has a clear purpose and value in the proposed ecosystem.
- BAT was created by a team with proven experience in the field IT.
- The BAT team demonstrates transparency and reliability. They regularly conduct online interviews (Ask-me-anything streams) with key participants. The owner of the token can ask a question about the project and immediately receive an honest answer.
Disadvantages of BAT
- The Brave browser is a direct competitor to the browser Chrome. This can be very strong competition for a young project.
- One of the main problems is that BAT's success depends on the popularity of the Brave browser. The token will have no value if the browser is not popular.