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Basic Attention Token (BAT) is a blockchain-based digital advertising token that aims to transform the advertising industry. It solves the inefficiencies and privacy violations plaguing the $330 billion digital advertising industry while making cryptocurrency and decentralized finance (DeFi) accessible to a wider audience. BAT is integrated into the Brave browser, which has gained significant traction with 55 million monthly active users and 16 million daily active users. BAT offers utility across the Ethereum and Solana blockchains, with millions of wallets created and thousands of ad campaigns with leading brands.
With BAT, publishers are paid for their content, users are rewarded for their attention, and advertisers receive more value for their ads. It operates on a transparent and privacy-focused platform, ensuring users’ privacy is maintained while earning BAT for viewing ads. BAT also facilitates DeFi and NFT support, allowing users to buy cryptocurrencies, manage fiat and crypto payment options, and access the best prices with the lowest fees through Brave Swaps. Further utility for BAT is planned, including integration with search engines, eCommerce, rewards for verified content, and content pinning and file sharing with IPFS.
The BAT ecosystem has attracted close to a million participants, including publishers, advertisers, gaming companies, and crypto industry giants. The team behind BAT comprises industry titans, including the founder and CEO, Brendan Eich, who is known for creating JavaScript and co-founding Mozilla and Firefox. With its successful adoption and growth, BAT has become one of the most successful altcoin projects, bringing crypto and DeFi closer to the masses while revolutionizing the digital advertising industry.
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