Who is behind the Ethereum Code

There are no unknowns behind the Basic Attention Token development. Founder Brendan Eich once developed JavaScript and was involved in the founding of Mozilla and Firefox. The co-founder of the BAT token is Brian Bondy. He previously worked at the Khan Academy, Mozilla and Evernote. Yhan Zhu is responsible for the security and privacy of the browser. She previously worked at Yahoo, TOR, HTTPS Everywhere and Privacy Badger. The consultants include Ankur Nandwani and Zooko Wilcox. Ankur Nandwani previously worked for Coinbase, Lookout and Qualcomm and Zooko Wilcox works for Zcash. So the team was able to gather some experts from the field of crypto currencies.

The token development of Ethereum Code

The token development was financed by an initial coin offering. At that time, the token set a new record: Within 24 seconds, 1.5 billion tokens worth 36 million dollars were sold. Going Ethereum Code there, the forecast does not look so bad, even if the share price has behaved quite normally thereafter.

Basic Attention Token advantages and disadvantages

Whether people will buy Basic Attention tokens to participate in the network is rather questionable. You will probably earn it passively if you use the browser. Ultimately, the success of the token depends on how many people use the browser and how many companies want to work with the developers. More than 150 companies have already announced their cooperation, so this is not a bad thing. But so far, not much can be done with the crypto currency. The developers want to add new functions in the future.

Nevertheless: The course has developed well over time and the ICO of the crypto currency has also been extremely successful. On the stock markets, there seems to be potential in the token and the concept behind it.

What might piss off one or the other are the 70 that the developers take as credit for BATs. It is not new that the developers claim part of the tokens traded on the platform to finance their project. But in most cases the shares are much lower than 70%.

Basic Attention Token Course – Development – Forecast

The Basic Attention Token course started in June 2017 with about 20 cents per coin on the stock exchanges. As a result, the price fell continuously, in July even below 10 cents. In August and September, the price picked up again and stood at over 15 cents per coin. After a short rise to over 20 cents at the beginning of October, the BAT crypto currency lost value again and traded at just over 10 cents in the remainder of October and November.

Basic Attention Token – What is this token?

The Basic Attention Token wants to personalize and thus revolutionize advertising on the Internet. Internet users should only see the advertisements they want to see.

Basic Attention Token – What is this crypto currency?
Who is the crypto currency?
Basic Attention Token pros and cons
Basic Attention Token Course – Development – Forecast
Create Basic Attention Token Wallet
Where can I buy the Basic Attention Token?
Conclusion Basic Attention Token
It should also make the costs for advertisers fairer. The token also offers secure surfing via its own browser. The Basic Attention Token prediction could provide information on whether the concept can prevail.

Basic Attention Token – What is this crypto currency?

The Basic Attention Token Crypto currency serves as a reward for the users of the “Brave Browser”. This is an open source web browser with an automatically integrated adblocker. The Basic Attention Token will be the new token for the advertising industry. During development, the blockchain is combined with Ethereum’s Smart Contracts and integrated into Brave Browser. The BAT, as the token is also abbreviated, is exchanged between developers, advertisers and users.

Users of the browser decide for themselves which advertisements they want to see. You can use the browser to turn off all advertising completely. It’s not just a matter of annoying ads. Advertising usually also uses various tracking methods, which store the user’s data. The use of the Brave Browser therefore also serves your own security and privacy. Users should also save on bandwidth, because advertising devours a lot of it. If users do decide to view ads, they will receive a few tokens, which they can then store on the Wallet. They should be able to use these for premium content or services on the Brave platform.

The advantage for advertisers is that their advertising reaches exactly the right target group. Users can decide for themselves what kind of advertising they want to see. Otherwise, advertisers rely on intermediaries to get the ads to the right places and customers, and may do badly or even cheat by using bots to suggest to advertisers that the reach of the ads is greater than they actually have. The advertisers could save immense costs. The developers of the BAT token also benefit from the web browser, as they receive a large part of the advertising revenue. However, they still promise that their service is fairer, cheaper and more effective than that of other ad platforms.

The BAT Token development is not yet finished. Future browser enhancements include additional features to protect users against fraud and dashboard analysis for advertisers. In the future, it should be possible for them to correctly assess the reach of advertisements.