However, they are often criticised for the possibility of misuse in illegal activities, exchange rate volatility and the vulnerability of the infrastructure underlying them.Ĭryptocurrencies work using a technology called blockchain.
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Plus, the digital structure facilitates free portability across geographical borders, divisibility and transparency. Because cryptocurrencies do not have an underlying economic base, they are inflation-proof. Such currencies, theoretically, are immune to government interference or any kind of manipulation. They are built on the blockchain network technology, which ensures transparency and helps track every transaction. Cryptocurrencies are decentralised, meaning that no authority regulates them. They have their own store values, and are designed to use as a medium of exchange for buying goods or services. Cryptocurrency is a digital or virtual coin secured by cryptography, which makes it next to impossible to counterfeit. The big difference is, here there is no owner-issuer and it would, at least in theory, be accepted globally. Basic Attention Token price as on Jul 26, 2022, 02:44 AM was Rs 31.Įver received a paper token from your next-door paan shop in lieu of a small change, which he would accept the next time you visit him? Imagine that token digitally, and that's your cryptocurrency. Through the Brave browser’s Brave Rewards feature, users can choose to allocate a monthly amount of BAT that they would like to distribute between their favorite websites and content creators on platforms such as Reddit, YouTube and Twitter.What is Basic Attention Token price today?īasic Attention Token is down by -4.39%. Advertisers who wish to advertise through Brave must purchase ads with BAT tokens. The Brave browser features built-in ad-blocking functionality, but users can choose to opt-in to view advertisements in exchange for BAT tokens. At the moment, BAT’s utility is almost completely tied to the Brave browser, but the token could also be used with other browsers and applications in the future. Since it is based on Ethereum, however, BAT benefits from the extensive infrastructure that has been developed for the Ethereum platform, including cryptocurrency wallets, decentralized exchanges and decentralized finance (DeFi) applications.īasic Attention Token is designed to act as a digital asset that is exchanged between advertisers, publishers and users. In total, the team raised 156,250 ETH during their token sale.įrom a technological standpoint, Basic Attention Token doesn’t really have any special properties as it is simply a token using the ERC-20 standard that exists on the Ethereum blockchain. An initial coin offering (ICO) quickly followed in May of 2017 - the project sold 1 billion BAT tokens at a price of 6,400 BAT per 1 ETH. The Basic Attention Token project was first announced in March of 2017.
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The Basic Attention Token price prediction sentiment is currently bearish.īasic Attention Token's current circulating supply is 1.50B BAT out of max supply of 1.50B BAT.
The highest BAT price since the last cycle low was $ 0.457983 (cycle high). The lowest price since it's ATH was $ 0.259270 (cycle low).
The BAT price decreased -4.21% in the last 24 hours.īasic Attention Token reached its highest price on when it was trading at its all-time high of $ 1.91. Basic Attention Token price today is $ 0.372554 with a 24-hour trading volume of $ 55.62M, market cap of $ 557.10M, and market dominance of 0.05%.
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