Overview: Basic Attention Token (BAT) the Blockchain-based digital advertising on Brave Browser

by birtanpublished on September 2, 2020

Hello descriptive coins and welcome to this overview of the basic attention token but today's 25th of October 2018 and but is a blockchain based digital advertising as always thank you very much for watching this video and I hope it will be useful indeed now some of the

Basic information about the basic intention token who they are only trying to do so what they're trying to do is to address the digital advertising system image as an Internet user repiy much have to sacrifice their your privacy and

Attention in order to use the internet for free now the ultimate aim of the project is the mass adoption of a decentralized and transparent digital Ad Exchange that is based on the blockchain and the bat project is already

Operational it's already working out there and it is based on the brave browser which is also out and slowly gaining popularity now but they did how many ICO when they raised 36 million US dollars and may 2017 so they do have the

Funds needed to pull this off now in terms of the usage of the tokens and the project in general it's a token on the Assyrian blocking that can be exchanged between content publishers digital advertising and general Internet users

And the brave as a browser compete with the most popular browsers obviously like the Chrome Firefox or edge but in my personal opinion it does offer superior experience to those now I I'm in the process of switching from Chrome to but

To brave I mean and I like it I think it's superior browser in many many ways it does come with build an ad book which is always nice and overall it does seem to be working very well using the brick browser does not actually require you to

Use the basic attention token both but is nicely incorporated into it but as a cryptocurrency that's obviously used to support the entire system and is also used as a mean of value exchange between the users publishers and advertisers for

Example as a user you can support your favorite content creator by giving them some bath tokens now in terms of the development all the projects but it's obviously deeply connected with the development of the brave browser since

Both of those are provided by the same team and work very nicely with each other now the recent release of the brave 0.55 was very major since it did basically see the entire browser was redesigned to work on chromium and

That means all the Chrome extensions should work on brave that was the main reason why I didn't want to switch from Chrome to brave but now you can simply go to the Chrome Web Store and download any of your favorite extensions all of

Them should work on brave I tested it out by myself and it does seem to be the case the project is very active on github with all of contributors and comments there aren't remained at separate milestones for the bath token

But the brave has several development upgrades and that should make it even more popular and hopefully the browser should start to get closer to all the most popular ones out there now it isn't the availability of the bath token but

Is listed on several significant exchanges of the monuments being obviously the violence or majority of the volume is going through so if you don't want to purchase some bath tokens by nights it probably a good way to do

So then the exchanges like the ABC C matrix and CDDA X C ducts and CP ducts never never usually change but also many other ones a bit D DX Bobby and politics as well so again you have cryo of choice but I

Personally am a big fan of badness exchange so if I was going to buying but I'll do it and bind us Bitcoin is the most popular pairing but also page with its cerium Korean one violence coin u.s. door and tether as well so again you get

Quite of options but obviously Bitcoin in this cerium closely behind current price everything a 5th of October is around 26 cents about being around confetti fourth place in terms of the market cap and the market cap of

Around 266 million so it's worth quite a lot already it's one of the most popular cryptocurrencies out there 1 billion of the 1.5 billion of tokens is currently or the in circulation so 66% will be stir introduced

I mean 33% will be stir introduced in the future something to consider because it will influence the market cut the price graph is visible here and but is actually the better alkynes this year even though it did lose value in fiat it

Did outperform the likes of the cerium and its to Bitcoin as visible on these graphs of the red is in cerium euros Bitcoin the all-time high is 98 cents at I was a chief on the night of January so during

The bit of coding pomp of January in February but overall but has been doing very good this year so if you have been holding it even though it did Lewis price value in fiat it's been doing very good when compared to other coins now

Some of the additional aspects of the project currently around 73 employees according to Linton working on the brave software now we do need to remember that but is just one part of the project but the team is very impressive anyway

Significant team the you know significant team and obviously have the proof they do have the knowledge to pull stuff like that as well they have been doing very good of the development Reno complaint in any way are pretty good on

Social media as well they didn't answer the very browser hostage 4.6 million monthly users which is still a very little number really but it's increasing very quickly I mean it's a little number for a browser

Overall it's a lot of people but it's still they still need to step up but it does increasing quite quickly now in terms of the competition there really isn't any doctrine based competition that you how but is implemented within

The brave browser now there are some other change projects like ethics our content projects like Steam but I do think bath is unique enough in this space that it doesn't mean have any direct competition now which brings me

To the verdict and we do need to mention all their competitors which are not really blocking base or the likes of giants like Google Facebook Twitter and similar projects under the brave browser Chrome and Firefox are the biggest

Competition and again very significant names in that regard but I think because of how brave works and because of how bat is incorporated within it they still should have enough users even though they do have to

Compete with those big names I do think the brave is in a good position right now and it is so we gaining traction mostly due to the Advocate already being in it and the fact that people start caring about privacy as we have seen of

People have problems on Facebook Google of the sharing data people don't like that and it's a fair enough point some people will look into alternatives also bad is one of the few Kryptos already used in

Real life application however really the popularity will be connected how to how well brave is doing this but probably will not be incorporated in other browsers which makes very very good you know

Sense because it's the same team that's responsible for brave so for them it doesn't make sense for bad to be available anywhere else devaluation Canada is quite high but there are rumors of the coin based listing which

Would make it the lowest market cap going on coinbase overall however it is a very solid project and the brain a brave can gain popularity I feel like it should outperform in the long run it seems to

Be one of the very safe for outcomes out there because of how it's already used in the space and I think it should be a decent hold long term obviously not a personal opinion obviously not a financial advice but just my personal

Opinion I do hold a lot with a but because I think it's a good project overall as always thank you very much for watching the hope it was useful I your lovely Church and bye

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