The team behind Basic Attention Token has announced that it will be distributing $500 million in BAT tokens to Brave browser users every month.
BAT token was developed by Brendan Eich, creator of the Javascript web programming language, as a built-in currency in the Brave browser.
It is believed to be the first browser with a built-in cryptocurrency wallet, which, among other things, was designed to support the new economic model of websites for monetizing content. This model provides anonymity for users as well as non-personal metadata for advertisers.
It is also worth noting that the BAT token is one-way. Once the token is transferred to the Brave browser wallet, funds cannot be withdrawn. They can only be transferred to one of the 1,600 websites or YouTube channels that are registered as Brave publishers.
The number of active users of the Brave browser is approaching three million. Brave Browser/BAT Project seems to be one of the leading candidates for the most popular cryptocurrency projects.
According to icoexaminer
You May Also Like
Morgan Stanley Bank is looking for crypto experts
The popularity of cryptocurrencies is growing every day, and they are gradually entering different areas of our daily lives. More and more financial institutions intend to expand their staff with employees with experience in the field of cryptocurrencies and blockchain technology.
Bitcoin for Christmas: Bullish, Bearish and Moderate Forecasts
The price of Bitcoin has been very stable lately. For more than two months, the digital currency has been around the $6,500 mark. According to analysts, price stability is usually accompanied by major changes. Could this mean that there will be another race before the New Year?
