basic-attention-token logo
Basic Attention Token
BAT
$0.18

Sector

Artificial Intelligence

Exchange Debut

2017-06-01

Market Cap

274,908,663

Maxim Supply

1,500,000,000

Circulating Supply

1,495,080,934

Circ. Supply(%)

99.67%
basic-attention-token logo

Basic Attention Token

BAT

Price

$0.18

Market Cap

Sector

Exchange Debut

274,908,663
2017-06-01

Volume 24h

High 24h

Low 24h

10199018
0.193665892322
0.179786987006

Change 24h

Change 7d

Change 30d

-4.3646
-2.8097
-5.2777

Maxim supply

Circulating supply

Circulating supply(%)

1,500,000,000
1,495,080,934
99.67%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Basic Attention-BAT cryptocurrency:

 

The Basic Attention Token (BAT) represents a novel approach in the blockchain and digital advertising landscape. It’s an integral part of a blockchain-based digital advertising platform that aims to equitably reward users for their attention while offering advertisers more effective returns on investment. This innovative concept is primarily implemented through the Brave Browser, where users are rewarded in BAT for viewing privacy-respecting ads, and advertisers get to target a more engaged audience. The fundamental analysis of the Basic Attention-BAT cryptocurrency reveals an overall score of 7.62 out of 10, highlighting its robust prospects in the crypto market. This score is derived from various critical aspects, including social media presence, security, tokenomics, ecosystem development, team expertise, product utility, and partnerships.

SOCIAL & MASS MEDIA: Score 6.5 out of 10

The analysis of ‘Social and Media’ performance for BAT reveals an interesting dynamic. Impressively, BAT has achieved remarkable success in gaining followers and media presence, evident by their perfect scores of 10 in these areas. However, there’s a notable contrast when it comes to community activity and social media administration, where BAT scores significantly lower, with 1 and 3 respectively. This contrast highlights a potential issue: while BAT can attract initial interest, it seems to struggle in maintaining active engagement within its community. In the fast-paced and interaction-driven world of cryptocurrency, sustaining an active and engaged community is essential for long-term success. Therefore, BAT’s current strategy, although successful in certain aspects, may need to revisit and enhance its approach towards community engagement and social media management to ensure continued growth and presence in the sector.

AUDIT & SECURITY: Score 7.3 out of 10

Security and audit aspects of BAT reflect a reasonably strong standing with a score of 7.3 out of 10. The project shows good results in audits and public information transparency, both scoring 7. This is complemented by a high liquidity score of 9 on exchanges, indicating a stable and secure investment environment. However, continuous efforts in enhancing security measures are essential to maintain investor confidence.

TOKENOMICS: Score 8.15 out of 10

BAT’s token economy is robust, scoring 8.15 out of 10. Its low inflation rate and relatively decentralized monetary mass contribute positively to its value proposition. A score of 9 for inflation management and 8 for decentralization indicates a well-thought-out approach to maintaining token value and distribution, which is a positive sign for potential investors.

ECOSYSTEM DEVELOPMENT: Score 7.88 out of 10

The project’s ecosystem development scores 7.88 out of 10. Achieving objectives and planning for new developments are both rated highly, indicating a progressive approach towards growth and innovation. This reflects a promising trajectory for BAT’s future, with ongoing developments likely to enhance its utility and market position.

TEAM & DEVELOPERS: Score 8 out of 10

The team behind BAT is competent, reflected in an 8 out of 10 score. The high rating for the number of software developers, a perfect 10, suggests strong technical capabilities. However, the slightly lower score in team experience implies areas for improvement in terms of industry expertise and project management.

PRODUCT & UTILITY: Score 7.48 out of 10

BAT scores 7.48 out of 10 in product and utility. The utility of the product and the tokens within the ecosystem are rated above average, indicating a practical and useful application in the digital advertising space. This suggests that BAT is not just a speculative asset but has tangible use cases driving its value.

PARTNERS & INVESTORS: Score 8.25 out of 10

In terms of partners and investors, BAT scores an impressive 8.25 out of 10. The quality and number of partners and investors are rated highly, signifying strong market confidence and support for the project. This aspect is crucial for long-term sustainability and growth.

Fundamental analysis of the Basic Attention-BAT cryptocurrency – The final conclusion

Conducting a fundamental analysis of the Basic Attention-BAT cryptocurrency, it’s evident that BAT presents a unique and promising investment opportunity. The project excels in several key areas, including tokenomics, partnerships, and product utility. While it faces challenges in social media engagement and requires ongoing efforts in security and team experience, its overall score of 7.62 out of 10 indicates a strong potential in the market. Investors should consider these aspects for a balanced risk assessment. BAT’s innovative approach in the digital advertising sphere, coupled with solid technical and market foundations, positions it as a noteworthy contender in the cryptocurrency landscape.

What is Basic Attention Token?

 

Basic Attention Token (BAT) is a key component of a blockchain-based digital advertising platform. This system rewards users for their attention while offering advertisers a more efficient return on investment. The BAT ecosystem functions within the Brave Browser, where users earn BAT by viewing privacy-conscious ads. Advertisers benefit from targeted ads, reducing losses from fraud. The BAT serves as the primary transaction unit within this ecosystem, facilitating exchanges between users, advertisers, and publishers.

Founders and Development

Brendan Eich and Brian Bondy, seasoned professionals in internet browsing software, founded BAT. Eich, creator of JavaScript and co-founder of Mozilla Firefox, leads as CEO of Brave Software, the parent company of Brave Browser and BAT. Brian Bondy, with extensive engineering experience, serves as CTO. Their combined expertise exceeds 50 years, contributing significantly to BAT’s development.

Unique Aspects and User Engagement

BAT’s uniqueness lies in its role as a payment token for Brave Ads, requiring a minimum monthly ad spend from advertisers. Payments are made exclusively in BAT, purchased from third-party exchanges. A notable feature of BAT and Brave Browser is the ability to tip non-network users, including websites and individual Twitter users. This function broadens the platform’s reach and user engagement.

As of October 2020, Brave Browser reported 20.5 million active monthly users, and over 368,000 unique wallets held BAT. This substantial user base highlights the project’s success and potential for future growth. The initiative’s significant user uptake since its inception, along with its innovative approach to digital advertising, positions BAT as a noteworthy player in the cryptocurrency market.

Fundamental analysis of the Basic Attention Token-BAT cryptocurrency

Basic Attention Token - BAT performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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