Basic Attention Token (BAT) is a cryptocurrency or a form of digital asset. Basic Attention Token (BAT) price for today is $0.36 or 0.000046 BTC with a 24-hour trading volume of $ 71.63 Million. BAT price changes -1.08 % in the last 24 hours. It has a circulating supply of 1.26 Billion coins and a max supply of 0 coins.
The Basic Attention Token is an Ethereum-based token that can be used to obtain a variety of advertising and attention-based services on the Brave platform, a new Blockchain based digital advertising system. User attention is privately monitored in the Brave browser and publishers are rewarded accordingly with BATs. Users also get a share of BATs for participating.
|Basic Attention Token Rank||24|
|Basic Attention Token Price||$0.36|
|Basic Attention Token Price (BTC)||฿ 0.000046|
|24h Vol||$ 71,633,658|
|Market Cap||$ 454,952,835|
|Full Name||Basic Attention Token (BAT)|
|Available/Total Supply||1.50 B - 0|
Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain as an ERC20 token. The token can be used to obtain a variety of advertising and attention-based services on the Brave platform. The utility of the token is based on user attention, which simply means a person’s focused mental engagement.
The BAT ICO managed to hit their funding cap of 156,250 ETH within a record breaking 24 seconds. Only 2222 investors held BAT as of 5/6/17. 184 unique addresses took part and to raise the approximate $36,000,000, with some participants paying transactions fees well over $1000 in one case up to $6,000. The largest single investment was 20,000 ETH which at the time was worth around $4.7m.