
Basic Attention Token Price (BAT)
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Market stats
Basic Attention Token is on the rise this week. ↗
The price of Basic Attention Token has decreased by 0.17% in the last hour and decreased by 1.43% in the past 24 hours. Basic Attention Token’s price has also risen by 2.39% in the past week. The current price is $0.12 per BAT with a 24-hour trading volume of $15.54M. Currently, Basic Attention Token is valued at 93.64% below its all time high of $1.94. This all-time high was the highest price paid for Basic Attention Token since its launch.
The current circulating supply of Basic Attention Token is 1,495,668,356.953 BAT which means that Basic Attention Token has as total market cap of $184,456,187.59.
Overall
Market cap
$184,456,187.59
Popularity
#184
Circulating
$1,495,668,356.95
Max Supply
Not enough data
Hold time
Not enough data
Price & Volume changes
Volume (24h)
$15,543,791.61
↘ 2.19%
Volume (30D)
$508,671,618.00
Volume (7D)
$115,797,665.07
Benchmarks
All time high
$1.94
Performance (1Y)
↘ 49.33%
Vs. Market (1Y)
↘ 56.31%
Vs. BTC (1Y)
↘ 62.24%
Vs. ETH (1Y)
↘ 4.7%
About Basic Attention Token
BAT is an Ethereum token that powers Brave Software's blockchain-based digital advertising platform. Internet users who browse the web using Brave's free web browser (available at Brave.com) can choose to replace the ads they see with ads on Brave's ad network. Users then receive BAT from advertisers as compensation for their attention.
Basic Attention Token launched on Coinbase on November 7, 2018 at 12:00 AM
Additional info about Basic Attention Token
Networks and tags
marketing
ai-big-data
content-creation
defi
interoperability
payments
smart-contracts
staking
governance
web3
made-in-america
FAQ
Basic Attention Token (BAT) is a digital advertising token built on the Ethereum blockchain. It aims to transform the current digital advertising model by creating a system where users, advertisers, and publishers are fairly compensated for their participation. BAT serves as the unit of exchange in this ecosystem, with the goal of rewarding users for their attention while offering advertisers more effective ad engagement. This system operates through the Brave Browser, where users can view privacy-preserving ads and potentially earn BAT tokens in return. Advertisers use BAT to deliver targeted ads, aiming to reduce ad fraud and improve engagement rates.
BAT functions within the Brave Browser, allowing users to opt-in to view privacy-focused ads in exchange for BAT tokens. Advertisers fund their campaigns using BAT, and the majority of this budget—approximately 70%—is distributed to users as rewards. A smaller portion goes to advertisers and the Brave platform itself. This approach seeks to eliminate the middlemen typically found in traditional digital advertising, thereby reducing costs and increasing efficiency. The BAT system tracks user engagement using Zero-Knowledge Proof (ZKP) protocols to ensure privacy while accurately compensating publishers and content creators.
BAT is designed to enhance the digital advertising industry by fostering a more transparent and efficient ecosystem for users, advertisers, and publishers. Users can earn BAT tokens for engaging with ads, creating a new form of attention economy. Advertisers can utilize BAT to fund ad campaigns, potentially improving engagement and minimizing losses from ad fraud. Publishers benefit from a fairer revenue distribution model. Beyond the Brave Browser, BAT has the potential to be integrated into other browsers, messaging apps, and digital platforms, broadening its utility in the web3 advertising space.