BASIC (BASIC)

BASIC is the native cryptocurrency of the Basic Attention Token (BAT) platform. It is a digital token that is used as a means of reward, trade and transfer on the BAT platform. The aim of BAT is to create a revolutionary platform that enables users to develop, buy and use targeted online advertising. BASIC was founded by three veterans in the world of technology and software - Brendan Eich, Brian Bondy and Yan Zhu. The BAT platform was created to provide users with an innovative experience that would shift the current balance of power back in the users’ favour. They proposed the concept of using a new digital token to reward users for their attention, allowing advertisers to target specific individuals and bypassing intermediaries. What makes BASIC unique is its ability to reduce the costs associated with traditional digital advertising. Through the use of decentralized ledger technology, the costs of digital advertising are greatly reduced. This in turn allows advertisers to target specific users on the platform, giving them better control over how their ads are presented. Additionally, the platform is decentralized, meaning that users do not have to rely on centralized servers or platforms. BASIC is used as a digital token that is used as a reward, trade and transfer on the BAT platform. Advertisers and publishers can use the tokens to purchase space on the platform and reward users for their attention. Alternatively, users can also use the tokens to purchase space from publishers or donate to content creators. BASIC can be purchased, sold and traded through online exchanges such as Bittrex, Poloniex and Kraken. The token is also available on certain cryptocurrency wallets such as MyEtherWallet and Ledger Nano S. In conclusion, BASIC is a digital token that is used as a reward, trade and transfer on the BAT platform, allowing for innovative online advertising. Its unique ability to reduce the costs associated with traditional digital advertising makes it a great alternative for advertisers, publishers and users alike. BASIC is available on select exchanges and wallets, where it can be bought and sold.