Brahim Oubelkas

TOP Things You Should Know About Bat & Brave

2020-05-09 17:29:16

Hello, welcome to the blog, Crypto Truth Lexicon, you all very welcome here.

1. What is Basic Attention Token (BAT)?

BAT stands for Basic Attention Token and it is a digital token used as a unit of account of human attention in Brave browser. In other words, users and content creators are getting paid for their attention in BAT tokens whilst advertisers use it to pay for their ads being displayed in Brave’s network. The project is led by ex-Mozilla Firefox co-founder - Brendan Eich.

2.Basic Attention Token For?

Basic Attention Token (BAT) is primarily to be used as a means of value transfer on the Brave Browser and can be utilized for a range of services including; 

  • Tip Creators on Twitter, Youtube, and Twitch.
  • Run an advertising campaign on Brave.
  • Donate to creators on a regular monthly basis.
  • Buy future services such as a decentralized VPN on the Brave browser.

Advertisers can use their Basic Attention Tokens (BAT) to deliver advertisements and run an advertising campaign to the Brave community. In doing so, the advertiser receives a wide range of anonymous data and analytics on the attention placed on their advertisements. 

Users can utilize their BAT to donate directly to their favorite content produces - whether it be on YouTube, Twitter, or Twitch. If you like the contribution (comments) from other members within the community, you can also reward them in BAT. Additionally, users can reward their favorite Brave publishers with a monthly contributm un bat.

3.How do you get BAT rewards in the Brave browser?

There are a variety of methods in which users can get BAT rewards in the Brave browser. The most prominent method is to activate “Brave Rewards” in the Brave browser settings and receive BAT for viewing advertisements. Each time a user views an advertisement they will be rewarded in BAT which will be paid to the user’s wallet in the Brave Rewards section on the browser. This reward can be claimed every month on the date of the next payment as dictated by Brave.

Another method to receive BAT rewards is to contribute to the comments section for verified Brave publishers. If other Brave users agree that you are contributing to the topic at hand, they will be compelled to reward you in BAT. 

The last method to receive rewards in the Brave browser is to become a verified content producer. If you have a particular skill or extensive knowledge on a particular topic, you can create blog posts or video posts to showcase your knowledge and be rewarded in BAT from your community if they like your content. Furthermore, if users really love your content, they may decide to automatically donate to your content on a monthly basis.

4.How much BAT can you earn with Brave?

The Brave team has estimated that users could earn up to $224 in Basic Attention Token (BAT) by viewing their advertisements in 2020. This is up by $154 from the previous years earning potential which peaked at the $70 mark in BAT throughout 2019. To earn this amount, we can assume that Brave users will have to click every single advertisement that is pushed to them and hit their ‘hard-cap’ each day. 

For every advertisement that is viewed, the Brave team has stated that 70% of the advertising revenue is given directly back to the viewers. This creates a system in which users are paid for their attention rather than users having to pay to browse in traditional browsers as in these legacy systems they pay with their time and bandwidth to load and view the advertisements.

Technically, there is no limit to how much BAT you can earn with Brave if you are a verified publisher who produces content that people wish to see. There is no limit to the amount of tips content producers can receive and if they have an audience that is loyal, they should see their earning stack up over time in BAT tips.

5. How does Brave collect my data?

Brave collects user data in a very specific privacy-preserving manner that ensures your data is not being sold to any third party. The most important thing to remember is that your personal data is only stored on your own personal machine and will NEVER leave the host device. Contrary to other browsers, Brave does not store any of your personal data about browsing habits on any of their servers. 

ing habits that are secure on your own device. The machine learning algorithm will also determine the best time to show you the advertisement.

6. In what countries are Brave Ads available?

Currently, Brave Ads are available in 30 countries around the world, however, the team are continuously expanding the regions in which they operate. According to the team, their business development plan dictates that they must abide by the laws within each individual region. The regions where Brave Ads are active include;

  • United States
  • United Kingdom
  • Canada
  • France
  • Germany
  • Australia
  • Ireland
  • New Zealand
  • Argentina
  • Austria
  • Brazil
  • Switzerland
  • Chile
  • Colombia
  • Denmark
  • Ecuador
  • Israel
  • India
  • Italy
  • Japan
  • Korea
  • Mexico 
  • Netherlands
  • Peru
  • Philippines
  • Poland
  • Sweden
  • Singapore
  • Venezuela
  • South Africa
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