Basic Attention Token (BAT) is doing well even in the presence of the pandemic

Introduction

Basic Attention Token (BAT) is led by Brendan Eich (creator of JavaScript and co-founder of Mozilla), Basic Attention Token (BAT) project is an open-source, decentralized ad exchange platform built on the Ethereum platform. The project seeks to address fraud and opaqueness in digital advertising.

The token aims to correctly price user attention within the platform. Advertisers pay BAT to website publishers for the attention of users. The BAT ecosystem includes Brave, an open-source, privacy-centered browser designed to block trackers and malware. It leverages blockchain technology to anonymously and track user attention securely and rewards publishers accordingly

Analysis

Analysis in terms of volume of trades

The trading volume of Basic Attention Token (BAT) is 83,471,245USD on May 27, 2020, and 105,570,675USD on June 26, 2020. The difference in monthly trading volume within this duration is 22,099,430USD. The increase in trading volume% is 26.475501USD. The trading volume of Basic Attention Token (BAT) is 81,989,283USD on June 20, 2020, and 105,570,675USD on June 26, 2020, .The difference in weekly trading volume within this duration is 23,581,392USD. The increase in trading volume% is 28.761554USD.

Analysis in term of price

The trading price of Basic Attention Token (BAT) opened art 0.203393USD on May 27, 2020, and close art 0.271722USD on June 26, 2020, the difference in monthly trading price within this duration is 0.068329USD, the increase in trading price% is 33.594568USD. The trading price of Basic Attention Token (BAT) opened art 0.216949USD on June 20, 2020, and closed art 0.271722USD on June 26, 2020. The difference in weekly trading price within this duration is 0.054773USD the increase in trading price% is 25.246947USD.

Partnerships

Brave partners with Binance to let you trade crypto assets from your browser

Internet browser Brave is growing its digital currency features with integration with cryptocurrency exchange Binance. Brave clients will be able to purchase, trade, and get crypto assets directly on the new tab page.

In addition to a particular focus on privacy, Brave has been playing around with cryptocurrencies for a while. The company launched its cryptocurrency, the Basic Attention Token (BAT).

Partner websites receive BAT every month depending on the amount of time you spend browsing those websites. Clients can likewise receive BAT if you choose to view Brave ads on the new tab page or in your notifications.

In a forthcoming release, Brave will support many other cryptocurrencies beyond BAT, such as Bitcoin, Ethereum, Litecoin, and others. When you open a new tab, there will be a new Binance -branded widget below the Brave Rewards widget. It integrates directly with Binance.com and Binance.us in the U.S.

By default, if you don’t interact with the widget, Brave doesn’t load any data from Binance’s server. It isn’t just a web embed — it’s a native widget that takes advantage of Binance’s API. Of course, when you connect Brave to your Binance account, your browser will fetch data from your Binance account so you can view your balances and addresses for instance.

If cryptocurrencies aren’t your thing or if you believe web browsers are designed to browse the web, you can disable the widget entirely in the browser settings.

You can evaluate the new gadget in Brave’s daily discharge. The steady form will be discharged sooner or later in April.

Brave Browser Partners with TAP Network to Offer Clients BAT Redemption Services

Brave (BAT) Browser, a privacy-safeguarding web browser project that rewards clients with the Basic Attention Token (BAT) for viewing advertisement online, has signed an association deal with TAP Network, the Rewards-as-a-Service technology company, to empower Brave desktop clients to redeem their BAT at more than 250,000 leading brands and merchants on the TAP Network, according to a blog post on March 10, 2020.

Brave Users Can Now Redeem BAT Holdings 

As expressed in its blog entry, users of the desktop version of Brave Browser living in the United States can now redeem their Basic Attention Token (BAT) at over 250,000 participating merchants and leading brands in the TAP Network.

Specifically, the Brave partnership with TAP makes it possible for users of the Brave desktop browser in the United States to redeem their earned BAT for gift cards at hundreds of supported national brands including American Airlines, Starbucks, Walmart, Apple, and more.

Also, through the TAP Network, users can donate BAT to various charity organizations including Red Cross, Habitat for Humanity, World Wildlife Fund, and others.

In December 2019, Brave Browser succeeded in reaching the 10 million monthly active user mark and at present, Brave boasts more than 12 million active users every month and these users receive a 70 percent revenue share from Brave in the form of BAT tokens.

Brave Partners With K-Pop’s BTS to Release Browser Exclusive to Japan

Brave is collaborating with a Japanese e-sports team and Korean pop idol group to offer a limited release version of its browser in Japan

 Cryptocurrency-powered web browser Brave is partnering with the Korean pop group BTS and Rush Gaming to provide a limited edition release of its browser for residents of Japan. 

Japan’s Nikkei newspaper reported on June 5 that the Brave Browser and BTS — AKA the Bangtan Boys — have developed a browser exclusively for users in Japan. This is the first known collaboration between a privacy-based browser like Brave and a K-pop boy band.

According to the Nikkei, the two aim to find a new touchpoint between idols and fans. Users of the limited edition browser can earn points by watching ads to support Rush Gaming’s e-sports team.

Brave growing in popularity

Brave Browser is an open-source web browser that focuses on providing better privacy and blocking intrusive ads and trackers. The browser provides an opt-in advertisement system powered by the Ethereum blockchain and the firm’s proprietary Basic Attention Token (BAT).

Cointelegraph recently reported that the number of monthly active users on the browser had increased by 125% over the past year, reaching 15.4 million people at the end of May. A recent episode of the Joe Rogan Experience podcast discussing privacy and security had the host pushing for Brave’s use to millions of listeners.

BAT Redemption Available to Verified Users

Importantly, the team has made it clear that only Brave desktop users who have confirmed their wallet with Uphold will be able to enjoy BAT redemption through TAP. 

Clients are required to connect their Uphold account to the TAP Network through OAUTH and authorize TAP to provide them with the accessible recoveries options. This eliminates the need for users to carry out additional registration beyond Uphold.

Commenting on the energizing development, Lin Dai, co-founder, and CEO of TAP Network reiterated that the service is a game-changer for rewards programs, as it gives users a chance to make use of their BAT in the real-world.

Dai said:

“Consumers today are stuck with very limited and often desirable redemption choices in most rewards programs. This is especially true for the holders of most blockchain utility tokens. BAT is used to reward consumers for their attention, and TAP is excited to connect our network of trusted brands to the Brave ecosystem, and provide real-world redemption utility to BAT users beyond those offered by other digital tokens.”

The team says the new functionality is only available on the Brave Nightly to build for desktop users and will be available for general release in six to eight weeks.

Conclusion

Basic Attention Token (BAT) aim is to provide privacy and protected platform for its users, they also pay users for making use of the stage which have attracted many people into the stage. recently they recorded 10milion users, in terms of volume and price they testimony has being increase.

All opinions expressed in the above article are solely of the author’s and do not reflect the opinion of the Global Crypto Alliance Ltd., any of its affiliations or any other company. This article is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. The Global Crypto Alliance Ltd. strongly recommends that readers conduct their own research and due diligence into the company, product or service, if any, that may be mentioned in the above content.