What is Basic Attention Token (BAT)?

Website: https://basicattentiontoken.org/

Maximum Supply: No Data

Total Supply: 1,500,000,000 BAT

Circulating Supply: 1,492.816,441 BAT

Explorer: Basic Attention Token Explorer

Whitepaper: Basic Attention Token Whitepaper

What is Basic Attention Token (BAT)?

Basic Attention Token or BAT is a Blockchain-based digital advertising network. It provides assurance through Brave Browser that users can protect privacy, watch ads and get BAT rewards for doing so.

Basic Attention Token was launched in 2017. It has delivered the attention-based advertising experience to users in most countries through its Brave Rewards program.

BAT is the reward unit in the advertising ecosystem and is exchanged between advertisers, publishers and users. Advertisers pay with BAT for their ad campaigns.

The primary use case for the Basic Attention Token is as a payment method to run advertising campaigns through Brave Ads. Basic Attention Token has a maximum total supply of 1.5 billion tokens. Almost all of this supply is in current circulation.

BAT is an ERC-20 token. Therefore, it is built on the Ethereum blockchain. Like any ERC-20 network, BAT is secured by a rigorously tested proof-of-work consensus algorithm powered by an extensive Ethereum miner network.

Who is the Founder of Basic Attention Token?

Basic Attention Token has two founders: Brendan Eich and Brian Bondy. Brendan Eich is the CEO of Brave Software, the parent company behind the Brave browser and Basic Attention Token. He invented JavaScript in 1995. In 2004 he helped launch Mozilla Firefox, one of the world's most popular web browsers. Brian Bondy joined as CTO of Brave and Basic Attention Token. Bondy is previously a senior software engineer at Mozilla.