Basic Attention Token price

Basic Attention Token (BAT) is a revolutionary digital currency and blockchain-based system to track media consumers’ time and attention on websites using the Brave ecosystem. 

Users receive BAT for viewing ads and advertisers pay in BAT to display their ads. This makes the advertising experience mutually beneficial and respectful of privacy.

Like other cryptocurrencies, the BAT price is determined by supply and demand dynamics within the market. 

Factors such as adoption rates of the Brave browser, user engagement with ads, and overall sentiment towards digital privacy can influence the BAT's demand. Supply-side considerations include the total supply of BAT tokens and the rate at which they’re distributed to users and advertisers.

BAT is distributed as rewards to users for engaging with ads within the Brave browser. Advertisers purchase BAT to run their ad campaigns on the platform. 

However, the total supply of BAT tokens is capped to create a finite resource that encourages value retention as the ecosystem grows.

The Brave browser is built with privacy at its core, featuring built-in ad and tracker blocking. When using BAT within the Brave ecosystem, transactions are processed anonymously to protect users' identities and financial details. The platform employs state-of-the-art encryption and anonymisation techniques to ensure user activity remains private and secure.