BAT trades on the open market, and the value of the token is indirectly linked to the popularity of the Brave browser. It’s about speculation, too-since BAT is a regular cryptocurrency, you can trade it on exchanges and buy it up in the hopes that it’ll appreciate. Buy and Sell Bitcoin, Ethereum, and over a dozen other cryptocurrencies with Wealthsimple.

The BAT concept combines anti-Big Tech sentiment with the ethos of blockchain, which is all about decentralization and self-sovereignty.

It’s in the form of cryptocurrency, which means that it’s highly volatile, but, still, getting paid to browse Reddit is the kind of thing only the moderators of the subreddit r/WallStreetBets can dream of. The Basic Attention Token is crypto’s way forward-it pays you for watching ads on the Brave browser, a web browser that’s similar to Google Chrome.Īs a brief overview, the whole point of something like BAT is to take money out of the pockets of advertisers and redistribute it to the people who must suffer through those advertisements. Advertising is one of the most critical revenue models for any online business, but current centralized models for the $330 billion a year industry are inefficient.

Brave bat token