Basic Attention Token (BAT)

The Basic Attention Token (BAT) is a cryptocurrency designed to transform the digital advertising model by directly rewarding users for their attention.
Used in the Brave browser, BAT allows users to earn tokens when they view privacy-friendly ads, while content creators are compensated for their work.
This innovative system aims to give power back to users and promote a fairer advertising experience, reducing the number of intrusive ads and improving online security and privacy.

Buy BAT tokens

The Basic Attention Token (BAT) was launched in 2017 by Brendan Eich, co-founder of Mozilla and inventor of JavaScript, and Brian Bondy, former senior developer at Mozilla and Khan Academy.
Their vision was to transform the online advertising model, which had become inefficient and intrusive, by reinventing the relationship between advertisers, content publishers and users.

By combining the Brave browser, which blocks intrusive ads and protects users’ privacy, with the BAT token, they created an ecosystem where users are rewarded for their attention, and publishers can monetize their content more transparently and fairly.
The BAT team brings together seasoned experts in software development, cryptography, blockchain, and digital advertising, with talent from Mozilla, Evernote, Khan Academy, and other innovative technology companies.
This team is dedicated to building a product focused on privacy, security and efficiency.
Since its launch, BAT has rapidly grown in popularity, with millions of users adopting Brave and hundreds of thousands of content creators registered on the platform, reinforcing its vision of a fairer, more decentralized internet.

BAT courses

Here’s how BAT works:

1. Users: Brave browser users choose whether or not to enable ads.
   If they opt to see ads, they receive BAT rewards for their attention.
   These ads are targeted using locally stored data, thus guaranteeing user confidentiality without transmitting personal data to advertisers.
2. Content creators: Website publishers, video creators, bloggers, or other content creators can sign up as Brave partners.
   When a user visits their content and interacts with ads, these creators receive BATs based on user attention.
3. Advertisers: Advertisers purchase BAT to finance their advertising campaigns on Brave.
   By using BAT, they can more precisely target interested users and achieve better conversion rates thanks to a more engaging and transparent advertising model.

In this system, BATs serve as a means of exchange between the three parties – users, content creators and advertisers.

As mentioned above, BAT (Basic Attention Token) tokens serve to reinvent the online advertising model by rewarding Brave browser users for their attention when viewing privacy-friendly ads.
Content creators receive BATs based on user engagement on their sites or platforms, enabling them to monetize their work more equitably.
Advertisers, meanwhile, use TAOs to fund their targeted advertising campaigns within the Brave ecosystem, ensuring greater efficiency without compromising the confidentiality of user data.
TAOs can also be used for donations or transactions between users and creators.

• Fixed total supply: BAT’s total supply is limited to 1.5 billion tokens, with no possibility of additional creation (no inflation).
  This fixed supply creates an intrinsic scarcity that can help maintain or increase the token’s value as demand increases.
• Initial distribution: At the Initial Coin Offering (ICO) in May 2017, 1 billion BAT were sold to investors, representing around 66.67% of the total offering.
  300 million tokens (20%) were allocated to a development fund to encourage ecosystem adoption and growth.
  The remaining 200 million (13.33%) were retained by the founding team for future development.
• Utility and demand: BATs are used as a reward for users who view ads on the Brave browser, to remunerate content creators, and to enable advertisers to finance their ad campaigns.
  Demand for BATs depends on the growing adoption of the Brave browser and the commitment of users and advertisers to this ecosystem.
• Market mechanisms: BAT is freely traded on numerous cryptocurrency exchange platforms (including Coinhouse!), allowing its value to fluctuate according to supply and demand.
  By limiting supply and increasing the token’s utility, BAT’s designers aim to create a sustainable ecosystem where the token’s value can grow with adoption.

1. Enhanced Brave advertising platform: Brave will continue to refine its BAT-based advertising model, improving analytics and targeting tools for advertisers, while guaranteeing user privacy.
   The aim is to attract more top-tier advertisers and increase user adoption, while offering new reward and personalization options to enhance the user experience.
2. Expanding the DeFi and NFT ecosystem: BAT plans to integrate more decentralized financial applications and services (DeFi) into its Brave Wallet, enabling users to participate in activities such as staking, yield farming, and token exchange.
   Brave is also exploring the possibility of launching NFT-related functionalities, offering new opportunities for content creators and users to monetize and interact with unique digital assets.
3. Development of new features for the Brave browser: Brave will continue to enhance its browsing functionalities, notably by integrating more advanced privacy protection tools, decentralized messaging functionalities, and privacy-friendly search services.
4. Strategic partnerships and global expansion: In 2024, the BAT team aims to establish new strategic partnerships with other blockchain projects, technology companies, and media platforms to expand the use of BAT beyond the Brave browser.
   This includes collaborating with websites, streaming platforms, and apps that could adopt the BAT reward model.

• Create a Coinhouse account: Go to the Coinhouse website and register by creating an account.
  You’ll need to provide your e-mail address, create a secure password, and confirm your registration by verifying your e-mail address.
• Verify your identity: Coinhouse is a regulated platform, so you’ll need to verify your identity before you can buy cryptocurrencies.
  This usually involves providing identity documents (such as an ID card, passport or driving license) as well as proof of address.
  Once these documents have been submitted, verification can take anywhere from a few minutes to a few hours.
• Add a payment method: After verification, add a payment method to your account.
  Coinhouse generally accepts payment by credit card (Visa or Mastercard) or bank transfer.
  Make sure you have sufficient funds in your account to complete the purchase.
• Buy BAT: Once your account has been set up and verified, log in to your Coinhouse dashboard.
  Search for “BAT” or “Basic Attention Token” in the list of available cryptocurrencies.
  Select BAT, then choose the amount you wish to purchase.
  Specify the currency (euros, for example) and confirm your transaction.
  You can exchange USDC (buy USDC) for BAT.
• Confirm and finalize the purchase: Check the details of your transaction, including the amount of BAT you will receive and any applicable transaction fees.
  Once everything is correct, confirm the purchase.
  The BATs will then be credited to your Coinhouse wallet.
• Secure storage of your BATs: You can store your BATs on the Coinhouse platform or transfer them to a personal wallet for added security.

The Basic Attention Token (BAT) is an innovative cryptocurrency that seeks to redefine the online advertising model by rewarding users for their attention and offering content creators a fair way to monetize their work.
By being integrated into the Brave browser, BAT is enjoying real use and growing adoption, which is a good indicator of its long-term viability.
However, its success depends heavily on the continued adoption of Brave and the acceptance of its model by users and advertisers.
Challenges include competition with traditional advertising models and other emerging decentralized platforms.
BAT has interesting potential, but its future remains linked to the team’s ability to expand its ecosystem and attract a wider user base.