Many artists who don’t have enough views to get paid by YouTube itself, use the ledger so that they receive some form of revenue for their work. However, the platform has faced some criticism by industry players. Some What is Basic Attention Token worry Brave would have too much control over digital advertising. Critics say it could alter how much the different parties get paid, with some arguing it pays far too much to publishers compared to existing models.
The project is as intuitive as it is ambitious, catering for the digitalised world of online marketing and advertising. If the developers succeed, BAT might be a front-runner in taking a major slice of the pie for https://www.tokenexus.com/ Web 3.0. The main use-case for BAT is its usefulness to run advertising campaigns through Brave ads. As of last year, advertisers must commit to spend a minimum of $2,500 per month in order to launch a campaign.
What is Basic Attention Token? (BAT)
The browser boasts privacy features and speeds better than other mainstream browsers. As of February 2021, the Brave browser surpassed 25 million monthly active users. Since then, the team has rolled out the attention-based advertising experience to users in most countries through the Brave Rewards program.
Even more impressive, the leader of the whole project has already produced one popular browser, Firefox, and has the relationships to implement BAT into the other already existing ones. If you’d like to store your funds in a hardware wallet (something we highly recommend), the Ledger Nano S or Trezor hardware wallets work great as well. Because it’s an ERC20 token, you can store BAT in any ERC20 compatible wallet.
Where to buy Basic Attention Token and how to store it?
Basic Attention Token has an optimistic outlook, but it will be challenging for BAT to reach $10 anytime soon. The crypto world will grow and progress like anything else over the next 4 to 5 years. If you are considering investing in BAT, you should be prepared for volatility and risk. All cryptocurrencies are risky investments, but small coins like BAT are especially so. They are extremely volatile, which means you could make a lot of money or lose a lot of money.
If they do, users can then tip BAT to them if they think they are bringing them the most value. This type of model could create a more favorable space for rewarding the most useful content on the Web. Creators are rewarded according to the attention their content attracts. Advertisers can also spend BAT for a slice of the users’ screen space. When you navigate to a publisher to consume content, a server collects and delivers that content to your computer. But, servers also need to collect and deliver ads from advertising exchanges, as well.