It seems that the topic concerning mass adoption of cryptocurrencies has been on everyone’s lips lately, especially after the end of the severe bear market dubbed Crypto Winter, which lingered for more than a year. Given the pace at which the blockchain technology is developing, and the gradual realization of benefits that it might bring to numerous industries, such a cryptocurrency adoption becomes more and more imminent.
However, while many members of the global crypto community are immersed in a mere theorization about crypto’s looming dominance, other projects, like Basic Attention Token, are making real steps towards this moment.
What is Basic Attention Token and what to expect of its price
Basic Attention Token (the ticker BAT) is an immensely promising cryptocurrency, compliant with the ERC-20 standard, that was launched in the summer of 2017, and came as the lifeblood of a unique product called the Brave Browser, a free-to-download web browser that has an in-built blocker of obtrusive advertising and web trackers.
Despite the fact that it is a relatively young cryptocurrency, Basic Attention Token currently occupies the 31st spot on CoinMarketCap - $0.26 per BAT as of writing. It reached the all-time highs of $0.86 per BAT on January 9, 2018, but then crashed along with the entire crypto market, having bottomed out from $0,1 in February 2019 and then reached the yearly highs of $0,44 in April, and then correcting to the current price level.
BAT has very good chances of going even higher since the coin has very solid fundamentals, and a pool of active users (which currently amounts to 5.5 million) of the Brave Browser keeps on growing. Should the long-awaited alt season commence, the price of BAT will most likely reach its all-time highs and go beyond.
A brief overview of Brave Browser and the ways it helps users earn money
The development of Brave Browser began four years ago by the company called Brave Software. The CEO of this company, Brandon Eich, is a well-known person in the realm of software development since he was the mastermind behind the creation of the JavaScript programming language and the popular web browser Mozilla Firefox.
He left the Mozilla Corporation in 2014 due to the prolonged conflict with board members and became the CEO of the newly formed company, which managed to attract $2.5 million from angel investors right off the bat.
Later on, they raised the additional $35 within the framework of the ICO that is thought to be one of the fastest token sales in history, as it lasted less than 30 seconds.
The uniqueness of this browser lies in the fact that it incorporates a disruptive advertisement system that is capable of bringing financial benefits to all parties: common users, advertisers, content creators, and publishers. At the core of this system lies the Brave Ads program, which stipulates for the distribution of generated revenue proportionally between the mentioned participants. As an additional perk, the Brave Browser is claimed to be much more efficient than other popular browsers due to its technological superiority.
To put it simply, users can earn cryptocurrency at their will - BAT tokens - by watching the targeted advertising, which appear as unobtrusive notifications in the browser. Moreover, the Brave Browser can turn into an income stream for talented content creators since they will be allowed to receive tips in BAT from the devoted followers.
Bet to double your BAT stash
So, you have some BAT (LON:BATS) in your digital wallet - what can you do with it? Certainly, you can spend time constantly checking the price graphs, hoping that the alt season will start any time soon. Or you can learn the complicated craft of crypto trading and try to make some money on the exchanges. But there is a better way - sports betting or playing online casino games on 1xBit. It is definitely easier than learning the art of technical analysis and offers potentially larger earnings. Now you don’t even have to convert the precious BAT tokens to make a deposit on 1xBit since we have added this cryptocurrency, along with OmiseGo and LINK, to an already extensive list of accepted crypto payment methods.
But the good news doesn’t end there: 1xBit also offers a splendid welcome bonus of up to 7 BTC, and a plethora of other lucrative offers, to all newcomers. Isn’t that a wonderful way to double your BAT (LON:BATS) apart from using the Brave Browser?