Basic Attention Token News

The Basic Attention Token (ticker: BAT) is the native currency used in the privacy-centric Brave browser. The cryptocurrency was designed using Ethereum ERC-20 token standard, and is at the heart of the browser’s ad economy.

The BAT is used to reward Brave users for seeing ads that respect their privacy, and by advertisers to reach the browser’s users. Users who earn tokens can hold them, or use them to tip others or reward content creators. Both the browser and the ERC-20 token were developed by Brendan Eich, the former CEO of Mozilla and the creator of JavaScript.

While the token is only used within the Brave browser for now, its creators have hinted it’ll be rolled out to other browsers in the future.