The tipping can be done manually (one at a time) or automatically if you decide to contribute a set amount of BAT coins.įor example, you liked the video of a YouTube content creator or a Twitch streamer. If you enjoy a website’s content, you can tip them using BAT coins. On the other hand, you will get tokens too for investing your time and attention in them. It is then deposited in an Uphold crypto wallet. The advertiser gets BAT coins as a reward if you click on the ad. It will contain a snippet of the advertisement, and you can decide whether or not to click and view the full ad. While browsing, you will periodically see ads in the form of push notifications. Meanwhile, it also provides the rightful money to the content creators and websites via BAT coins.
Its built-in “shields” block most ads and tracking cookies. Let’s understand the concept behind this browser better for you to understand the utility of BAT coins clearly.īased on Chromium, the open-source version of Google Chrome, the Brave browser provides an ad-free experience to its users. It offers a unique advertisement revenue model that preserves your privacy and freedom of choice while using the Brave browser. Made for specific uses, this crypto falls under the “utility tokens” category.
This coin is an ERC-20 token based on the Ethereum blockchain. The motive behind creating this coin was to improve the security, fairness and efficiency of digital advertising through blockchain technology. It was the creation of two software engineers, Brandon Eich and Brian Bondy. What is a BAT coin?īasic Attention Token (BAT) is the native utility token of the Brave browser. Basic Attention Token is one such crypto coin. However, many Ethereum blockchain-based coins and cryptos have been specifically made to serve as a platform for coding. Bitcoin and its offshoots are engaged primarily in transferring funds or making faster payments. There are numerous other coins in the crypto sphere. The cryptocurrency sphere is much more than just Bitcoin.
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