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What Is Basic Attention Token (BAT) ? (Explained)
I'm sure that many of you familiar with Brave browser and know the BAT coin which you can earn while browsing on Brave browser. But along with those general overview have you ever thought what BAT actually is and what is its importance in the process of decentralisation, well if you haven't then we'll try to understand those aspects of BAT. *So let's dive in...!!*
What Is BAT ? BAT token is native token of Brave browser, it fuels the advertising network of Brave browser. Users can choose whether they want to watch ads or not, if they choose to watch then they can earn BAT as they surf the internet. https://bit.ly/2GxAqS2 The idea of BAT was proposed in first in a whitepaper published in March 2018. The Brave browser is based on Chromium and it was invented by Brendan Eich, he is a also a co-founder of Mozilla and created a very popular coding language JavaScript. https://basicattentiontoken.org/BasicAttentionTokenWhitePaper-4.pdf https://en.wikipedia.org/wiki/Chromium_(web_browser) Better Internet You all know there are lots of privacy issues with our internet, hundreds of tracking softwares, thousands of unwanted ads and many more things without considering you. Now users are taking online data privacy seriously, people are looking for alternatives of giants like Facebook, Instagram, TikTok and many more. If you read technological news then you should know that, users of Google incognito mode filed a case about invalid data collection and asking for billion dollars in penalty. Brave browser solves the privacy, ads issue. Brave is aimed to provide a better internet to the world. It block ads and attempt to block ad trackers and other tracking softwares implemented in website to track visitors activities. Due to this blockage to ads, users can have fast and more private internet experience. https://bit.ly/2GxAqS2 Along with ad blockers, Brave browser also gave an option to users to watch ads while browsing, in return they get rewarded into BAT tokens. In this way, instead of keeping all revenue generated from advertising like traditional browser apps, users also get some percentage of that revenue in rewards. BAT Token BAT token is a digital asset of Brave advertising network. It is build on Ethereum in accordance with ERC-20 standard for tokens. BAT tokens can be earned by browsing advertisement on Brave browser or bought/sold for fiat on various crypto exchanges. Along with earnings, you can also tip it to your favourite content creators on social media like Twitter and also to the websites. The monetary supply of BAT token is limited to the 1.5 billion BATs. https://read.cash/@Ashma/what-are-erc-20-tokens-explained-71c8d6ac Future Currently BAT is one of the most popular browser in the crypto-world. As you know the founder himself is one of the greatest personality in technological world, so there are lots of top brands connected to the project. BAT prices are continuously growing and new partnerships are building. Along with institutional partnership common users are also loving the experience of better internet provided by Brave browser, so the future of Brave & BAT will be bright. If you haven't downloaded Brave user then use my referral link (it'll be great support to my work) https://brave.com/ecy091 My Recent Articles 1) What Is Proof Of Stake (PoS) ? https://read.cash/@Ashma/what-is-proof-of-stake-explained-81276809 2) What Is Ethereum Naming System (Explained) ? https://read.cash/@Ashma/what-is-ethereum-name-system-explained-c6cf770d 3) What Are ERC-20 Tokens ? (Explained) https://read.cash/@Ashma/what-are-erc-20-tokens-explained-71c8d6ac Hey guys this is it from my side. Hope you enjoyed this article and find it informative. If you like to get notified for my future articles subscribe @Ashma Contact me on my twitter handle https://twitter.com/ashma1818?s=09 **Thanks for your time and appreciation...!!**
40 comments
I'm waiting for a non-KYC way to get my BAT, I have like 50 already, hahah. Good explanation. Funnily, Brave was actually supposed to pay in Bitcoin, but Bitcoin had high fees.
Hahaha.... Yup, bitcoin has some scaling issues and fees issues in micro-payments.
Oh my😍, I just got my payment yesterday 38 BAT worth $9.95, I really love Brave Browser safe and no annoying pop up ads. Thank you for sharing my friend.
Yeah, congratulations 🎉 @Vladilus
it's good that you share it so that we can better understand what the bat means and how to make money from it thanks to your explanation now more people will understand it.
Glad you found it helpful @Mitch123
Welcome dear
>BAT tokens can be earned by browsing advertisement on Brave browser. I don't understand it 😰
Have you used Brave browser ? @Saha99saha
no dear. I used only google chrome browser.
Hey @Saha99saha there on Brave browser, which is similar to Chrome but rewards you in BAT tokens, for watching ads (if you don't want to watch you can also choose that) I'll definitely suggest you to download it. so if you wanted to get it, you can download it from here : https://brave.com/ecy091 We can chat on twitter if you have some doubts, btw that's my referral link. You can download with it 🤪
Okay dear I will download it. Thanks a lot dear. When I will download it, I will definitely knock you on Twitter.
Yup, I'll be there !! And one more thing, Brave consumes less data than chrome for browsing (just another plus point)
OhOhhh!!! That's really great.😍
👍👍
BAT seems like a token with a bright future. I guess with time we will be able to see its price skyrocket to the very high price
Nice I hold BAT token in my wallet maybe someday it price or demand will grow... Thanks for the arti3cle... very informative :)
Yes @nivram13 hope it'll go up 👍 and thanks for the appreciation 🙏
youre always welcome :)
👍
I remember that I received some BAT tokens while reading in publishox. hmmmm, It was actually an unlnown currency for me, and I read about browser you said on your article? hays, so many things to learn, thank you so much for sharing this. Well done
Hey @Yayaya13 it's really great to use Brave browser, it consumes less data, block ads (rewards in BAT if you want opt to watch ads) You can download it from here, if you're interested (it's my referral link) https://brave.com/ecy091
noice, thanks for this dear, i will look at it if I find some time
Yup, definitely !!
I have a very bullish view of BAT coin and I think this project has a bright future. I use brave browser to earn it
Yes @Cryptonoob i haven't analysed BAT technically but yet I think it'll grow in near future
This was very informative. I just loaded up the Brave brower on both mobile and desktop. Nice browers.
Yes it is
Im using brave browser and i earned from it before but now they stop the monthly reward.
I have a challenge with the Brave Browser. I have installed it on two devices , a Samsung and ulefone respectively. Unfortunately I get a prompt that brave rewards isn't available for both devices. Please do you have an idea of the mobile devices that have support for the brave rewards? Thank you.
Hey @M3i I never heard that brave isn't working for certain OS. I guarantee you it works on Samsung cause my friends use it but no idea about ulefone as it seems to your regional company. And I use Realme & on Lenovo laptop.
My fav browser, thanks for sharing @Ashma
I have tried using BAT browser severally on my device but ain't working as expected. I reinstalled like 3times, still not getting any reward from them, I just quit using it🤦
@Diamondrich have you enabled watching ads ? N if yes, have you watched ads received in a notification bar, while browsing. BAT is really renowned, I don't think they'll do something like that.
I'm using brave browser. I'm just wondering how can I move my BAT to my uphold wallet. Do I need to verify my brave wallet? It says I need a minimum of 25 BAT to verify
Yup, minimum amount is 25 BAT and you've to verify on uphold, you can also use publishers program after verification
I see. Thanks for the info. As of now, I only have 15 BAT on my brave wallet. Therefore I need to wait for one more month to be able to verify. 😅
Yup 👍
very nice post
🙏