Why Basic Attention Token is a good investment option now?

November 09, 2021 02:46 PM GMT | By Manu Shankar
 Why Basic Attention Token is a good investment option now?
Image source: whiteMocca, Shutterstock

Highlights

  • Basic Attention Token (BAT) crypto is a blockchain-based digital advertising platform that aims to protect the privacy of the users
  • It aims to provide a solution to the security risks associated with online advertising. 
  • The Ethereum-powered BAT crypto integrates with the web browser Brave, wherein the users can find advertisers and exchange BAT based on their web activity. 
  • According to CoinMarketCap, at the time of writing, (BST 2:30 PM) was trading at US $1.32 with a 24-hour trading volume of US $2,036,119,446.

Basic Attention Token (BAT) crypto is a blockchain-based digital advertising platform that aims to protect users' privacy and provide solutions to the security risks associated with online advertising. Designed to reward users for their attention, it also offers advertisers a unique way to make the best of their investments on ad spend.

The Ethereum-powered BAT crypto integrates with Brave's web browser, wherein the users can find advertisers, and users can exchange BAT tokens based on their web activity. The users are rewarded with BAT tokens for viewing the content and dubbed a revolutionary advertising model. Advertisers can deliver targeted ads to ensure maximum engagement and reduce their losses due to ad fraud and online abuse.

Solana Labs' partnership 

BAT operates on a web browser called Brave. The BAT users can make the most of the Brave Rewards program and stand a chance to be rewarded in BAT for viewing ads or sending BAT to the content creators.  

On 8 November, Brave and Solana Labs announced that they would join hands and feature Solana decentralised applications, or DApps, on the Brave browser. Besides that, it is expected that Solana will promote the adoption of BAT among its DApp users.  

Why choose BAT crypto? 

BAT crypto is ranked 78 on CoinMarketCap. Buoyed by the Solana and BAT pact, the BAT token has been doing well on the market on Tuesday. According to CoinMarketCap, at the time of writing, (BST 2:30 PM) was trading at US $1.32 with a 24-hour trading volume of US $2,036,119,446. It was up by 30.83%, with a live market cap of $1,964,083,854 and a circulating supply of 1,491,852,436 BAT coins.

Market experts predict that BAT crypto offers a good investment prospect. The experts expect the rally to remain for a few days and believe it would be the right time for anyone to invest the token. In the next five years, the BAT token is expected to grow by +141.73%, with its price potential to touch US$241 by 2026.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next