Basic Attention Token (BAT) is in the top 100 digital currencies with the largest capitalization in the world. It is also considered as the solution to the current crisis of the digital advertising industry. So what is a BAT coin and whether to invest or not? Let’s find out in the below article with 5ROI Global!
What is Basic Attention Token project?
Basic Attention Token (BAT) is an open-source, decentralized advertising platform built on the Ethereum blockchain with the token BAT. The main goal of BAT is to improve the security, fairness, and efficiency of digital advertising through blockchain technology
How does the Basic Attention Token (BAT) work?
According to BAT’s development team, here are the problems the online advertising system is facing:
- Advertisers collect users’ personal information to sell to third parties for profit or their purposes without their consent.
- Content producers face difficulties when the increasing trend of ad-blocking makes reaching users no longer potential. Manufacturers also have to pay a large number of fees to intermediaries like Facebook and Google to place ads.
- The ads do not reach the right target audience because hackers create fake websites.
To solve the above problems, the BAT project development team has introduced a crypto-economic model in the Brave browser. Specifically, when using BAT’s Brave browser, the system will measure the user’s interest in ads in the activity tab. Based on that result, the system will choose to play appropriate content and remove ads that are not interesting to users, helping to solve privacy security issues.
What is BAT Token?
BAT is built on top of Ethereum according to ERC-20 standards and is the official token of the BAT decentralized advertising platform. BAT was released to the market on July 31, 2017, through ICO fundraising.
Basic information about BAT Token:
Contract code: 0x0d8775f648430679a709e98d2b0cb6250d2887ef
Token Standard: ERC-20
Token Type: Utility Token
Total supply: 1,500,000,000 BAT
Circulation: 1,492,976,103 BAT
Where to buy BAT tokens?
Currently, BAT Token has been officially listed on the 5ROI Global exchange. You can easily participate in BAT trading on 5ROI Global with simple steps as follows:
Step 1: Access the 5ROI Global exchange here
Step 2: At the main screen of 5ROI Global, select “Spot”
Step 3: Find BAT Token by typing in the search box.
Step 4: Enter the number of tokens you want to buy.
Step 5: Adjust the price according to demand, then approve the transaction.
Trade BAT Token on 5ROI Global platform right here
Whether to invest in BAT tokens?
In general, BAT token is considered a stable and long-term investment that investors can consider. However, the cryptocurrency market is always subject to risky, unpredictable fluctuations. Therefore, investors should regularly update the latest BAT project information on the 5ROI Global website to make appropriate decisions.
Through this article, we hope you have been updated with the most useful information about the BAT token and the project. Don’t forget to follow the latest trends at the 5ROI Global website to make the right investment decision!
For investors, trading digital assets is both an opportunity and a challenge with outstanding profit potential. 5ROI Global only provides useful information for investors to grasp, refer to and not provide financial investment advice of any kind.
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