Is Basic Attention Token (BAT) a Good Investment?
Basic Attention Token (BAT) is the native currency of the Brave browser and BAT ecosystem. Brave is quickly becoming one of the most utilized browsers in the entire world and it is far and away better than the most popular browsers in terms of privacy and additional features.
The BAT cryptocurrency comes into play as ads are displayed on the browser. Users earn BAT for viewing and engaging with ads, publishers earn BAT from their users who can either donate BAT or give them an automatic contribution from their attention pool and advertisers can purchase ad space on the brave browser by utilizing either BAT or other forms of payment.
When an alternative form of payment is used to buy ads, the Brave team repurchases BAT on the open market. Much of this data is accessible at https://brave.com/transparency which tracks the growth of Brave’s user base/publisher base and ad revenue buybacks.
In this clip from the roundtable, we answer a few common questions related to BAT and wonder aloud as to whether it would be a good investment in the crypto space.
Show Notes: https://leofinance.io/hive-167922/@khaleelkazi/zahrwreb
Full Episode: https://youtu.be/VmHLAIht1P8
In This Clip:
- How Many BAT Exist in the Circulating Supply?
- What Blockchain is BAT On?
- Does BAT Have Inflation?
- BAT is One of the Most Important Tokens in DeFi
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