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
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