Most internet users go to great lengths to avoid online adverts, but what if they were paid to do so? Does it sound unreal? Don’t worry, nothing is impossible in the world of cryptocurrencies. Around $240 billion was spent on online advertising in 2017. It was the first time that digital ad spending surpassed in comparison to traditional advertising channels. Nonetheless, people didn’t seem to pay much attention to online advertising, which had grown into a significant industry. Various forms were tested, including obnoxious pop-up adverts, which many people rushed to close as quickly as possible. There was also the issue of confidentiality as some websites look into what their consumers were looking for on the internet. Although it is not illegal, many people believe it is unethical, especially if personal information is transferred to another company. The Basic Attention Token and Brave web browser seem to be a possible solution to the problem. Basic Attention Token (BAT) is a cryptocurrency that aims to create a virtuous advertising cycle that benefits both creators and consumers. The Basic Attention Token (BAT) has risen to the top of most-traded Cryptocurrencies following Grayscale’s construction of a BAT-based trust and its formal inclusion in the well-known Japanese Cryptocurrency exchange Bitbank. According to CoinMarketCap data, BAT’s price finished at $0.77 on June 7, 2021, marking a more than 300 percent increase in value since January 1, 2021, when it was $0.21. There’s much more!! In this article, we will throw some light on Brave Browser, BAT token, and Basic Attention Token (BAT) price prediction 2021 and beyond. What is Basic Attention Token (BAT)? Brendan Eich (co-founder of Mozilla and Firefox) established the Basic Attention Token (BAT) in an effort to harness Blockchain technology to improve digital advertising’s fairness, security, and efficiency. It’s the Brave web browser’s native token, and it’s developed on Ethereum. The white paper from BAT was published on January 7, 2018. Although a beta version of the Brave browser is available for download, the project is still in development since 2020. The Basic Attention Token (BAT) is a cryptocurrency that runs on the Ethereum Blockchain and is accessed using the Brave web browser. On the Brave platform, the BAT token is utilized as a payment method for a variety of advertising services. It’s intended to be shared among users, marketers, and publishers, and it’s based on a unique concept, but one that’s vital to advertising businesses in the digital age: user attention. BAT’s creators think that tracking how consumers engage with digital advertising content and preserving the data in a distributed ledger can improve the digital advertising experience for publishers, advertisers, and users. Users will see fewer advertisements and material that is more relevant to them. The Basic Attention Token, according to Coincodex, reached its all-time high on January 9, 2018, when it was selling for $ 0.999568. The entire quantity is 1.50 billion BAT, with 1.36 billion BAT in circulation. BAT and Brave Brendan Eich, the software developer who created JavaScript and started the Mozilla project, founded Brave in 2016. By default, the web browser is set to block adverts and trackers. It was an open-source programming project with the goal of protecting users’ privacy. Basic Attention Token (BAT) as a payment method is also supported by the browser. Basic Attention Token is a utility token that is built on the Ethereum Blockchain network. It’s a simple concept with simple execution. Advertisements can be viewed using the Brave web browser. If they do, they will be compensated with a modest amount of the Basic Attention Token. Brave Payment is a system that tracks a user’s ad consumption while they surf the web, calculating how much they get at the end of each month based on how much time they spend watching material automatically. Users can also make specific contributions independent of how much time they spend watching material, similar to how they can support creative content creators on Patreon. Advertisers can use BAT to buy advertising space and thereby user attention; BAT pays fees and advertising revenue to publishers and content creators. Price Analysis of the BAT Flashback: Historical Price Analysis of BAT The Basic Attention Token was launched on May 31, 2017, after raising $35 million in less than 30 seconds through an initial coin offering (ICO). It dropped to a low of $0.06621 on July 16, then recovered and was trading at $0.2444 on September 2, 2017. Following a series of trends, it soared at the start of 2018, reaching $0.8482 on January 8, 2018. However, it quickly diminished, and the token spent the next three years fluctuating between $0.10 and $0.40. However, in 2021, the BAT currency, like many other Cryptocurrencies, began to alter. Basic Attention Token (BAT) Price Prediction 2021 The Basic Attention Token profited from the … Continued
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