Presentation and definition of the crypto-currency Basic Attention Token (BEATS)

Presentation and definition of the crypto-currency Basic Attention Token (BEATS)

  • Name of the crypto-currency : Basic Attention Token
  • Abbreviation : BAT
  • Where to buy the Basic Attention Token ? Binance
  • Date of creation : May 2017
  • White paper of the Basic Attention Token
  • Web Site Basic Attention Token

The project BRAVE

Basic Attention Token is the crypto-currency’s network Brave. This project was launched by Brendan Eich, who is none other than one of the co-founders of the famous browser Mozilla and the creator of the programming language JavaScript. Brave is a web browser high-performance, which aims to facilitate donations to the creators of digital content, through the distribution of tokens BAT (Basic Attention Token). The navigator Brave is much faster than a regular browser since it by default blocks ads very intrusive. Instead, Brave offered its own advertisements negotiated with advertisers, who are supposed to be more respectful of the privacy of its members.

Funding for the project

The project Brave has had a first fundraiser in August 2016, which raised $ 7 million. The year after that, the developers have launched the token Basic Attention Token with a new ICO. This last ICO has been a huge success with 35 million dollars were collected in just a few seconds. Brave and his crypto-currencies represent a true revolution in the world of on-line publicity.

The BAT

The chips BEATS are used as means of payment between the designers and the advertisers, they are integrated into the browser Brave. In summary, when a user of the Brave are willing to see ads, it is paid in chips BAT. The owner of BAT will then be able to use his chips to buy products or to send donations to content creators. All transactions are done via the blockchain Ethereum.