BAT Tokens and Brave: A Browser That Helps You Earn Crypto?

A token, otherwise known as a “cryptocurrency” or “crypto asset,” is a trading asset that also serves various functions in the context of a network. Within the cryptocurrency industry, the concept of tokens became more well-known after Ethereum was created. Before deciding whether to invest in the Ethereum-based Basic Attention Token, it’s helpful to understand the tokenomics behind it.

Tokenomics, a term that combines the words “token” and “economics,” is the study of tokens. It tells us the factors that need to be considered before investing, and helps us understand how crypto supply and demand works. Now, let’s learn more about the Basic Attention Token.

What Is a Basic Attention Token?

A Basic Attention Token (BAT) is a cryptocurrency/token that aims to level the playing field in the digital advertising landscape. BAT was created by Brendan Eich, the creator of JavaScript and co-founder of the Mozilla project. Built on the Ethereum blockchain, BAT is integrated natively into a custom web browser called Brave.