Category Archives: Basic Attention Token

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Blockchain-Based Brave Browser Surpasses 10 Million Active Users Per Month

  • The blockchain-based Brave browser is seeing increasing adoption and has surpassed 10 million active users per month

The number of people who actively use the Brave browser has grown from 8.7 million in October to 10.4 million in November, an increase of 19%. Further, the Brave browser has seen consistent growth all year, with the number of monthly active users rising 100%, and the number of daily active users rising 200%.

The Brave browser integrates a blockchain-based advertising platform that utilizes the Basic Attention Token (BAT) cryptocurrency. BAT cuts out the middlemen, allowing advertisers to directly pay content creators. The number of content creators that use the Brave browser has risen to 340,000, up from 28,000 at the beginning of the year. Also, users of the Brave browser receive BAT every time they see an ad, making it an easy way to earn a passive income simply by browsing the Internet.

This new data indicates that the Brave browser and its integrated blockchain-based advertising system has a chance to compete with mainstream internet browsers and advertising platforms long term. Apparently, the ability to earn a passive cryptocurrency income when using the Brave browser is giving Brave a competitive edge.

 

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Coinbase Earn Opens to Public in Over 100 Countries

Coinbase Earn Opens to Public in Over 100 Countries

Global cryptocurrency exchange Coinbase has finally released its Coinbase Earn program to members of the public in over 100 countries, as mentioned in its press release yesterday.

The much talked about program was initially launched towards the end of last year as a pilot program for education in cryptocurrency targeting mainstream participants, who were invite only, chosen by Coinbase. Early users of the program were able to learn about the 0x token based on Ethereum (the ZRX token), and earn some cryptocurrency in the process.

A survey the exchange had conducted earlier seemed to indicate that many newcomers were reluctant to invest money into cryptocurrency, but were keen to learn more about the new digital phenomenon:

“…one of the biggest barriers preventing people from exploring a new digital asset was a lack of knowledge about that asset. Many of the people we surveyed expressed a strong desire to begin learning about new and different crypto assets beyond Bitcoin, but didn’t know where to begin.”

And now, people from over 100 countries are able to learn more about cryptocurrency, while earning their very first cryptocurrency via the Coinbase Earn program. Reportedly, the program now offers quizzes about Stellar Lumens (XLM), Zcash (ZEC) and Basic Attention Token (BAT), also earning the same tokens and coins for completing quizzes.

 

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Brave Browser Rewards Roll Out

Brave browser rewards

One of the week’s biggest news is that Brave browser users can finally begin to earn cryptocurrency for surfing the web. Brave is a privacy-focused web browser with a native token called Basic Attention Token (BAT) that rewards users for viewing ads, ensuring users finally get incentives for viewing ads as they go online.

The much-anticipated release of this feature will roll out in several stages, with current viewers only able to see ads in very specific regions. It does mean that many users will still be disappointed to not be on the viewing roll but Brave promises to address the situation at some point.

BAT price itself has been enjoying some growth, although a recent correction of about 10% is probably from the pressure of the overall market plus the fact that supply is finally entering the market through rewards.

The short term outlook may not be as rosy as it could have been, but this project has been something a lot of crypto users have been looking forward to. Possible payouts in the future in other crypto other than BAT also seems to be under correction and might encourage more people to come on board, as a Twitter user expressed:

I hear someone’s implementing BAT concepts into bitcoin payouts. I’m a ETH fan, but I’d love to get BTC payouts of ~$300 per year in bitcoin just for internet browsing. #BAT #BTC

I honestly would prefer BTC payouts.

— yune_tubi (@yune_tubi) April 26, 2019

 

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Coinbase Listings Continue to Accelerate, Basic Attention Token (BAT) About to Go Live

Coinbase, the largest cryptocurrency exchange headquartered in the United States with a valuation of USD 8 billion, continues to list new cryptocurrencies at an increasing pace. Deposits for Basic Attention Token (BAT) began on 2 November 2018 on Coinbase Pro, and once sufficient liquidity is achieved trading will go live. In general, once a cryptocurrency is listed on Coinbase Pro it soon becomes available on regular Coinbase, since Coinbase and Coinbase Pro have the same cryptocurrencies listed.

BAT is the official cryptocurrency of the blockchain-based Brave browser and is used to fuel a built-in advertising platform. Advertisers on the Brave browser give publishers BAT based on the performance of ads, and users receive a share of BAT too. Users can then choose to donate BAT to publishers or use the tokens to buy things on the Brave browser. The Brave advertising platform is designed to be transparent, reduce fraud, and cut out the middle-men.

Previously, only 5 cryptocurrencies were available on Coinbase: Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and Ethereum Classic. Coinbase is the most prominent exchange in the United States, and there is a thirst among Coinbase traders and investors for more options. This caused Coinbase to launch a new listing process, with the goal of adding all legal and popular cryptocurrencies.

In the past month, Coinbase has listed the popular Ethereum ERC-20 token 0x, as well as USD Coin, which is an ERC-20 stablecoin that is managed by Circle and Coinbase. All ERC-20 tokens use the same backbone wallet technology, so it is straightforward for Coinbase to add any other ERC-20 tokens. Therefore, it is no surprise that Coinbase is adding the BAT, a popular ERC-20 token. BAT has a market cap near USD 300 million, placing it at #30 on CoinMarketCap.

Whenever a cryptocurrency is added to Coinbase it experiences a rally in price, and this is called the Coinbase Effect. BAT has already rallied 15% since the Coinbase listing was announced, and it is likely this rally will accelerate once trading goes live. Generally, the Coinbase Effect is sustained long-term, unlike the Binance Bump which is a short term pump and dump on average.

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