Basic Attention Token Price
BAT
Basic Attention Token Price in USD
About Basic Attention Token (BAT)
Basic Attention Token (BAT) is an ERC-20 token that is used to reward users for their "attention" and to tip publishers and creators. The BAT token is designed to be a more efficient and rewarding way to monetize online content.
BAT is used in the Brave browser, a privacy-focused browser that blocks ads and trackers. When users view Brave ads, they are rewarded with BAT. Basic Attention Token can then be used to tip publishers and creators, or it can be exchanged for other cryptocurrencies or fiat currencies.
Basic Attention Token is also used in the Brave Rewards program, which allows users to earn BAT in their Brave Wallet by browsing the web with Brave.
2017-2018
Basic Attention Token (BAT) was launched at a price of $0.03. The price then rose to a high of $0.85 in January 2018 before falling back to the $0.12 mark in December 2018.
The main reason for the price increase in 2017 was the overall bullish sentiment in the cryptocurrency market. BAT was one of many cryptocurrencies that saw a significant price increase during this time.
2019
BAT increased throughout 2019, starting around $0.10 and ending at $0.19, with its highest price at $0.44 in April.
2020
Basic Attention Token remained stable in 2020, starting and ending the year at around $0.20, with a high of $0.40 in August.
2021
Basic Attention Token saw a significant increase in price in 2021, with a high of $1.77 in November.
The main reason for the price increase in 2021 was the launch of the Brave Rewards program. This program allows users to earn BAT by browsing the web with Brave. The rewards program increased the demand for purchasing more BAT coins, which pushed the price up.
2022
BAT continued to fall in price throughout 2022, starting the year at $1.30 and finishing at $0.165.
The main reason for the price decrease in 2022 is the overall bearish sentiment in the cryptocurrency market. Basic Attention Token was one of many cryptocurrencies that saw a significant decrease in price during this period.
2023
Basic Attention Token has experienced various peaks throughout 2023, starting the year at $0.17 while seeing a high of $0.33 in February.
Basic Attention Token (BAT) works through the Brave browser ecosystem, which consists of three main components: users, advertisers, and publishers.
- Users: Users download and use the Brave browser, which offers a more privacy-focused browsing experience than traditional web browsers. They can choose to opt into the Brave Ads program in exchange for BAT tokens as rewards.
- Advertisers: Advertisers can purchase ad space within the Brave browser using Basic Attention Token. This enables them to reach a more targeted audience.
- Publishers: Publishers (website owners or content creators) can monetize their content by participating in the BAT ecosystem. They receive a portion of the ad revenue in the form of BAT. Users also have the option to directly contribute BAT tokens to their favorite publishers as a form of micro-donations.
The founders of Basic Attention Token (BAT) are Brendan Eich and Brian Bondy.
Brendan Eich is the co-founder and CEO of Brave Software, Inc., the company behind the Brave browser and Basic Attention Token. He is also the creator of JavaScript and the former CEO of Mozilla.
Brian Bondy is the CTO of Brave Software, Inc. He has over 20 years of experience in the technology industry, and he has worked on a variety of projects, including the Mozilla Firefox and Opera web browsers.
Basic Attention Token (BAT) has several uses within its ecosystem. Here are the primary purposes for which the BAT token is used:
- Attention-based advertising
- Publisher monetization
- User contributions
- Premium content and services
- Hodling and trading
Basic Attention Token (BAT) was created with the vision of revolutionizing the digital advertising industry by addressing the inefficiencies, privacy concerns, and imbalances that exist in the current advertising ecosystem through blockchain-based advertising.
Basic Attention Token seeks to address the imbalance of power between advertisers, publishers, and users in the digital advertising ecosystem. Traditional advertising models often involve middlemen, opaque revenue sharing, and ad fraud issues. Basic Attention Token introduces a more transparent and direct connection between these parties, enabling fairer revenue distribution and accountability through the use of blockchain technology.
You can earn BAT by participating in the Brave Rewards program. By browsing the internet with the Brave web browser you will also start earning BAT tokens at the same time.
When you view ads in the Brave web browser, you will earn a small amount of Basic Attention Token. This BAT can then be used to tip publishers and creators, or it can be exchanged for other cryptocurrencies or fiat currencies.
To participate in the Brave Rewards program, you will need to opt-in and follow these steps:
- Install the Brave browser.
- Create a Brave Rewards account.
- Enable Brave Rewards.
- Start browsing the web.
If you want to stake BAT, you can do so through participating centralized exchanges. But note that you will not be in full custody of your tokens on these platforms.
BAT Price Performance
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More FAQs about Basic Attention Token (BAT)
The price of Basic Attention Token is determined by factors such as supply and demand, market sentiment, regulatory developments, and the adoption of blockchain technology. Price fluctuations can also occur in response to large transfers of the asset in a short time period.
The all-time high of Basic Attention Token (BAT) is $1.92, which was reached on November 27, 2021.
The all-time low of Basic Attention Token is $0.06621, which was recorded on July 16, 2017.
There are {{circulating_supply}} BAT tokens in circulation. The maximum supply of Basic Attention Token is {{max_supply}} tokens. A total of one billion BAT tokens were created at the time of the BAT initial coin offering (ICO) in 2017. One billion BAT tokens were sold to investors, and the remaining 500 million BAT tokens were retained by Brave Software, Inc., the company behind the Basic Attention Token project.
You can buy BAT directly via MoonPay or through one of our many partner wallets, such as Trust Wallet and Exodus. MoonPay’s simple widget makes it easy to buy BAT with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more payment methods. You can also add funds to your wallet in euros, pounds, or dollars and use your MoonPay Balance to purchase crypto like BAT (Basic Attention Token). Make your transactions smoother and more affordable, all with higher approval rates.
