Very recently, there has been news that basic attention token (BAT) has teamed up with TAP Network, Starbucks, Amazon, Apple, and another brand partner, wherein the users will be able to redeem their BAT tokens within the TAP ecosystem. Basic Attention Token (BAT) makes use of the Ethereum blockchain technology and a Brave browser platform, wherein they want the user to be paid for the advertisements they watch. There are mainly three kinds of people who benefit from BAT token: the advertisers (who complete the transactions in BAT in order to acquire the user attention and advertising room), the publishers or content creators (who receives user contributions and ad revenue in BAT) and the users (who are just rewarded for their attention).
Recently, the Brave browser has revealed a crypto wallet for BAT and ETH, and there are plans of future compatibility with Brave awards. A couple of months back, Brendan Eich, the founder of BAT token hinted that they are gearing towards a partnership with a content publishing house, who would adopt BAT tokens for rewarding. This partnership in itself would bring around 80 million users per month to BAT. This partnership would provide two streams of revenue- revenue from micropayments and adverts for individual content and revenue for general access.
Basic Attention Token or BAT is an open-source advertising platform built on Ethereum platform using smart contract revolving around blockchain technology. It was founded by the famous internet entrepreneur Brendan Aich in 2017. It is introduced as a means for all monetary transactions on advertising platforms.
The users need not reach out to the external servers for every page load as ad matching is performed locally. The browser has an entire collection of user data along with URLs, browsing information, active tabs and so on. They also provide with some offers if they find a user inclined to a certain site or page.
Currently, Basic Attention Token (BAT) is trading at $0.213321 with BAT price 5.62% up today. The market cap of Basic Attention Token is USD 303,270,879 with 1,421,667,363 BAT circulating currently.
BAT has tried and got its own identity, and is known by almost everyone in the crypto world for its hunger to succeed. Let us check some of the predictions for BAT:
Crypto Ground has given a detailed prediction for BAT in the years to come. They have predicted that in 5 years, BAT might reach $0.9139.
Digital Coin Price has given BAT predictions till 2026. They believe that BAT might reach $0.545 by 2025 end. Their prediction is taken on a conservative note.
Wallet Investor believes that there is a possibility of BAT token value going down to $0.189 by 2020 end.
Trading Beasts is a crypto prediction website, which has given a monthly prediction on BAT and predicts that BAT might reach $0.312 by the end of 2020.
2020 is going to prove BAT’s capability to the fullest. We saw that during the bearish trends, BAT was one of the least affected coins, which is a sign that it won’t fall down even in times of heavy turbulence. As over the years, online advertising has become really inefficient, BAT has managed to create a niche ecosystem for itself. The Brave browser is solving all the issues and in return, their user base is also increasing exponentially. By the end of 2020, BAT might reach $0.348, which doesn’t look like an impossible scenario.
BAT token is relatively new and has many more miles to go and never sleep. IT is one of the top 35 cryptocurrencies in the world, which has aimed at making ads useful, for creators as well as the users. 2020 might be even better for BAT as it might get the big players on the table to partner with, which might lead to unstoppable developments for BAT. This might lead to high adoption and growth rate. By the end of 2020, BAT Is estimated to reach around $0.348.
In 5 years, the crypto world will develop and progress like anything. As far as the future of BAT coin is concerned, it might take the advertising industry by storm and grab the spot for building on it for long term developments. Anyway, it has got industry-wide support, with many big names in it and high basic attention token potential. By 2025, BAT Might reach $0.658 and can even hit $1 mark. (Basic Attention Token price prediction). You can convert BAT to BTC at the best rate at CoinSwitch.
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