Basic Attention Token (BAT) Tausch

Advertising is the engine of progress — this is a well-known truth. In the era of rapid blockchain development, decentralized advertising services began to appear really quickly, so the advertisers got new opportunities to promote brands. Among these advertisers, was the Brave platform with its internal cryptocurrency called Basic Attention Token (BAT).

The project was launched in 2017, at the very peak of blockchain popularity. The team of creators was headed by the well-known IT specialist Brendan Eich. Being recognized as the author of JavaScript, he participated in the development of the world-famous browser Mozilla Firefox. Thanks to the joint efforts of such a powerful team, Brave raised $35 million in just 30 seconds after its launch.

Basic Attention coin was built upon the Ethereum basis. Among all other positive things being provided by this choice, it makes BAT cryptocurrency mining quite rewarding and attractive for enthusiasts. The emission of this cryptocurrency was 1.5 billion coins, but at the same time there can be no more than 1 billion BAT in circulation. It is also worth noting that each BAT must be used no later than 6 months after the receipt was issued.