BAT to USD Converter
How much US Dollar ( USD) is 1 Basic Attention ( BAT)?
Basic Attention
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The Morpher currency calculator allows you to convert a currency from Basic Attention (BAT)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Basic Attention you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 BAT, 5 BAT, 10 BAT, 50 BAT etc.
Quick facts about Basic Attention
Basic Attention Token (BAT) is a cryptocurrency token based on Ethereum, created for use in an open-source, decentralized ad exchange platform and as a cryptocurrency.
● Designed to improve the efficiency and transparency of digital advertising
● Built-in support for the Brave web browser, which rewards users for viewing privacy-respecting ads
As already mentioned before, BAT was created by Brendan Eich, the co-founder of Mozilla and Javascript. It is an ERC-20 token and was launched in 2017. At the launch, the company “Brave Software” was able to raise over $35 million for the project. The project actually got such a big attention as they had a truly phenomenal founding team with a big track record. They created the project with the main goal to provide a more efficient and transparent online advertising system, ss there is a big problem within the current online advertising ecosystem with privacy violations, ad fraud, and a lack of transparency.
However, now you can purchase ad space using BAT tokens, which are then distributed to publishers and users who view the ads. The Brave Browser is used for that purpose and lets users decide if they want to monetize their attention or not.
The BAT platform is built on top of the Brave browser, which is an open-source, privacy-focused browser designed to block website trackers and intrusive ads. When users opt-in to Brave Rewards, they are presented with privacy-respecting ads in the form of notifications. Users who choose to view these ads are rewarded with BAT tokens, which can then be used to tip content creators, or traded on cryptocurrency exchanges. Brave Rewards allows users to earn BAT tokens by watching ads and browsing the web. Advertisers can purchase ad space using BAT tokens, which are then distributed to users who view the ads. So basically, the whole ecosystem is built around a more fair way to distribute advertisements with the consent of users.
Also, it includes the Brave Creators program, which allows content creators to receive tips in BAT tokens from users who appreciate their content. Creators can sign up for the program and receive a verified publisher account, which allows them to receive tips from users who have opted-in to Brave Rewards. Theoretically, there are many interesting projects to be started from that, as you can clearly see which content users value more, by paying real money (tokens) to their favorite creators.
BAT tokens are stored in a digital wallet, which can be created through the Brave browser or on other cryptocurrency wallets that support ERC-20 tokens. You could even use the Morpher Wallet to store the tokens.
Main Features
● Used to purchase advertising space and compensate users for their attention● Designed to improve the efficiency and transparency of digital advertising
● Built-in support for the Brave web browser, which rewards users for viewing privacy-respecting ads
Why Do Investors Like Basic Attention Token (BAT)?
Investors are attracted to BAT for its potential to revolutionize the digital advertising industry by improving the efficiency and transparency of the process while rewarding users for their attention.Random Fact
The founder of BAT, Brendan Eich, also co-founded Mozilla and created the JavaScript programming language.What is Basic Attention Token (BAT)?
As already mentioned before, BAT was created by Brendan Eich, the co-founder of Mozilla and Javascript. It is an ERC-20 token and was launched in 2017. At the launch, the company “Brave Software” was able to raise over $35 million for the project. The project actually got such a big attention as they had a truly phenomenal founding team with a big track record. They created the project with the main goal to provide a more efficient and transparent online advertising system, ss there is a big problem within the current online advertising ecosystem with privacy violations, ad fraud, and a lack of transparency.
However, now you can purchase ad space using BAT tokens, which are then distributed to publishers and users who view the ads. The Brave Browser is used for that purpose and lets users decide if they want to monetize their attention or not.
How does Basic Attention Token (BAT) work?
The BAT platform is built on top of the Brave browser, which is an open-source, privacy-focused browser designed to block website trackers and intrusive ads. When users opt-in to Brave Rewards, they are presented with privacy-respecting ads in the form of notifications. Users who choose to view these ads are rewarded with BAT tokens, which can then be used to tip content creators, or traded on cryptocurrency exchanges. Brave Rewards allows users to earn BAT tokens by watching ads and browsing the web. Advertisers can purchase ad space using BAT tokens, which are then distributed to users who view the ads. So basically, the whole ecosystem is built around a more fair way to distribute advertisements with the consent of users.
Also, it includes the Brave Creators program, which allows content creators to receive tips in BAT tokens from users who appreciate their content. Creators can sign up for the program and receive a verified publisher account, which allows them to receive tips from users who have opted-in to Brave Rewards. Theoretically, there are many interesting projects to be started from that, as you can clearly see which content users value more, by paying real money (tokens) to their favorite creators.
BAT tokens are stored in a digital wallet, which can be created through the Brave browser or on other cryptocurrency wallets that support ERC-20 tokens. You could even use the Morpher Wallet to store the tokens.
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