These days cryptocurrency is trending all over the globe. There are people who invest in cryptocurrency, there are people who mine cryptocurrency, and there are people who trade cryptocurrency on a regular basis to make profits from it. Recently, there has been a trend that people search for Bitcoin Price BAT to USD. So, what is it actually?
First of all, I hope there is no one in this world who does not know about Bitcoin if they know about cryptocurrency. Right now, the price of Bitcoin is around $16,715 (the time when I am writing this article). And there is this other cryptocurrency or token that has gained popularity, BAT or Basic Attention Token.
What is Basic Attention Token?
If you see the graph of cryptocurrency pricing, you will notice that in the last few years, the prices of almost every cryptocurrency have dropped significantly. And nobody is able to find the reasons behind it? If we take Bitcoin as an example, the price of a single Bitcoin was around $50,000 last year, and after one year, the price is only $16,715. That means the price has decreased by ⅓ within the span of one year.
The DeFi, NFT, and Cryptocurrency industries have invested a total of $330 billion in advertisements. But there has been no improvement so far. Instead, the industry is losing users and investments. And here comes the Basic Attention Token, a blockchain-based digital advertising platform that can help the crypto market different features in return for ads. The aim of the platform is to take the cryptocurrency market to one billion users. And it also wants to solve privacy violations and solve endemic inefficiencies.
The platform has shown some stunning results from the time it was integrated into the Brave browser. This is the first global ad platform that is private. If we talk about users, then the platform has around 16 million daily users and 55 million monthly users. And there are more than 1.5 million verified creators who accept BAT.
More than millions of wallets have been created. You will also find that leading brands take help from the platform, and thousands of ad campaigns are there. The platform also offers blockchain gaming utility tokens. These are the reasons that the platform has gained so much popularity, and BAT is also one of the most famous and successful. One of the best things about BAT is that the platform is a bridge across Solana and Ethereum. And it offers utility to both ecosystems.
The platform has its native wallet, which is called BRAVE WALLET. Other than different wallets, the Brave Wallet is gaining popularity in the crypto community. And here are the reasons that the wallet is so famous and popular.
- First of all, in the DeFi and Crypto market, the mass is accepting the wallet.
- The wallet supports both NFT and DeFi.
- You can buy and sell cryptocurrencies with crypto assets, debit, and credit cards.
- The wallet can manage both crypto and fiat currencies.
- You can use the wallet on your Desktop, or if you want to use the platform from your smartphone, you can do that also.
You will also find Brave Swaps for exchanging cryptocurrencies.
- Everyone can use DeFi.
- The crypto exchange platform offers low fees to its users.
- You will find the best prices when you will trade cryptocurrencies.
- The platform supports multi-chain.
- You can either trade or hold for better profits.
- You will get discounts when you use BAT while transacting.
The platform is already well-known, and there are many users. Other than that, the platform is preparing to introduce new features.
- You can use the BAT utility when you are using different search engines.
- If your account is IPNS verified, you will get rewards for that.
- You can use BAT for transactions with eCommerce.
- There is an excellent feature called IPFS. So, file sharing and content pinning are easy.
BAT Ad Ecosystem
Here is some basic information about BAT Ad Ecosystem that you must know if you are unable to decide whether to use the platform or not.
- First of all, the platform pays users who watch ads. So, if you give your attention to the platform, then you can earn BAT.
- The platform is safe and secure, so you don’t have to worry about your privacy.
- Signing up with the platform is so easy.
- If you want to be at the other end of watching ads, then you can make a good profit also. If you can create good content, then you will earn that for sure.
- Creators and publishers get paid for user contributions and ad revenue.
- When it comes to advertisers, they will get better returns.
- Advertisers will know whether their ads are effective without violating privacy.
Basic Attention Token: Statistics
Let’s talk about some statistics to understand the platform better.
- There are more than 3.9 million on-chain transactions.
- Around 10.6 million Brave wallets are there already.
- If you find out about creators, then you will know that 1.7 million creators are there.
- More than 56.9 million users use the platform on a monthly basis.
- 832 thousand verified creators are on YouTube.
- 225 thousand verified creators are on Twitter.
- 178 thousand verified creators are on Twitch.
- Right now, more than 2.4 thousand active campaigns are running.
- If we talk about supported countries, then the number is 188, and it is increasing with time.
- And lastly, there are 400 different advertisers.
BAT: Supported Platform
What platforms will you find?
What advertisers will you find?
What publishers will you find?
- The Washington Post
- Los Angeles Times
- The Guardian
- Khan Academy
So, next time someone asks you about Bitcoin price BAT to USD, you can give the right answer. And the price of a Basic Attention Token or BAT is $0.1887. So, if you want to invest in cryptocurrency, then you can do that, as the platform is gaining popularity these days.
Please let us know in the comment section below if you want to know more about this platform.