CRYPTO CONTEST: Show your skills in cryptocurrency --- entry by @kwadjobonsu

Hello friends, I hope you are all well? This article is my entry to the cryptocurrency contest by @vik24. This is the link to the contest. I humbly invite @beckie96830 @rubilu123 @chenty @boboyanky @sergino @salma78 @sammylinks to participate in this contest. Once again, I am very grateful to be part of this awesome and educative community.

Basic Attention Token is a cryptocurrency that is strongly associated with the Brave browser, which is a security and user privacy-centered web browser. This browser is designed to determine the attention of users to content by respective publishers and content creators. Users are according rewarded with the BAT cryptocurrency, which is native to the Brave Browser. Content creators with high-quality material that is able to sustain a longer attention span of readers are also rewarded through the generation of higher revenue.

The BAT cryptocurrency, which is used to reward users, publishers, and even advertisers, operates on the Ethereum blockchain. As mentioned earlier, The Basic Attention Token is primarily center on compensating users for their time spent on consuming content and also rewarding publishers and advertisers. Since BAT operates on the Ethereum blockchain, the distribution of the reward is done in an efficient and timely manner.

The data generated from this project are secure and private. Users using the Brave browser encounter very few random advertisements compared to traditional browsers. In general, the BAT cryptocurrency is a game-changer for revolutionizing the media industry and generation of income for content creators.

As of the time of writing, Basic Attention Token had a price of $0.82 and a market capitalization of $1.23 Billion. Its fully diluted market capitalization was around $1.24 Billion. The twenty-four hours trading volume of BAT was around $332 Million. According to CoinMarketCap, BAT has reached its maximum supply and has 1.49 Billion Basic Attention Token in circulation. It is currently ranked at number 81.

Currently, trading at $0.82, BAT offers an affordable entry into the cryptocurrency market. There are a variety of competitive cryptocurrencies on the market, but their hefty price tags deter low-income enthusiasts from investing in them. BAT, on the other hand, has a reasonable market price at the moment. Hence, it has the potential to attract several investors into the cryptocurrency market. Furthermore, users can earn BAT without even investing their money. They can simply install the Brave browser and utilize it on a frequent basis, and the users will be rewarded with the Basic Attention Tokens in due time.

Another reason BAT is better than other cryptocurrencies out there is that BAT has multiple and pragmatic usages. Since the emergence of Bitcoin, there have been several cryptocurrencies on the market. Most of these cryptocurrencies, however, have mono realistic functions and quite a number of theoretical use cases that have not yet been realized. Basic Attention Token is more practical in its utilization as a utility token based on the Brave browser. Its rewarding nature for publishers, advertisers, and users confers it a powerful force of changing the manner in which online publishing is done.

Furthermore, the developers of Basic Attention Token are experienced technology developers. Created by Eich Brendan, the developer of Mozilla Firefox and JavaScript, and Bondy Brian, a well-versed software engineer, Brave browser and Its native cryptocurrency BAT have a powerful team behind the project. This is an advantage because some cryptocurrencies are developed by anonymous individuals and others by developers who are not really known and trusted. Hence, investors are always wary of the state of their investment and are usually on the lookout for signs of scams. BAT investors do not have this problem due to the well-established reputations and experiences of its co-founders and team.

As already established in this article, BAT cryptocurrency can be earned from using the Brave browser. Users can decide to activate the feature that enables them to see ads and then earn from them. As denoted by its name, Basic Attention Token is based on one’s attention to an advertisement or published content. Hence, the more I spent time watching an Ad or reading the content, the higher the proportion of BAT earned.

Also, I can decide to donate my earned BAT to specific websites or content creators. This feature presents a unique means to users on supporting their favorite publishers and motivating them to do better. Even better, all these transactions are conducted anonymously, and user data and privacy are strongly protected.