BAT operates on the Ethereum blockchain and functions as the primary currency within the Brave browser ecosystem. Users who opt-in to viewing privacy-respecting ads receive BAT tokens as compensation for their attention. These ads are delivered directly by the Brave browser, eliminating the need for intrusive third-party tracking and data collection.
The BAT ecosystem creates value for all participants in the digital advertising space:
BAT utilizes the ERC-20 token standard on the Ethereum blockchain, ensuring compatibility with existing cryptocurrency infrastructure. The token's smart contracts handle various functions including distributions, transfers, and rewards calculations. The Brave browser locally tracks user attention using a zero-knowledge proof system that maintains privacy while ensuring accurate reward distribution.
Privacy is a cornerstone of the BAT platform. User data never leaves their device, and ad matching happens locally on the user's machine. This approach eliminates the need for invasive tracking while still allowing advertisers to reach their target audience effectively.
The BAT team continues to expand the token's utility and ecosystem. Planned developments include:
BAT represents a significant step forward in creating a more equitable digital advertising landscape. By properly valuing user attention and protecting privacy, while providing fair compensation to content creators, BAT is helping to reshape how digital advertising works in the modern internet age. The token's integration with the Brave browser provides a practical, real-world implementation of blockchain technology that addresses genuine market needs.
Users can acquire BAT through various means, including earning it through the Brave Rewards program, purchasing it on cryptocurrency exchanges, or receiving it as tips from other users. The token's utility and growing ecosystem make it an interesting project for both users seeking privacy-respecting browsing experiences and investors interested in the future of digital advertising.