What is Basic Attention Token (BAT)?
Basic attention token is an ERC20 token on the Ethereum Network. The token can be used in the Brave web browser for paying content creators and websites rather than viewing ads.
What value to buyers of Basic Attention Token (BAT) see in it?
The Brave browser was built by for Monzilla project co-founder, Brendan Eich, as web browser with default adblocking, no web tracking and https everywhere for all users. The privacy features that most Chrome and Firefox users install add-ons for currently. The tokens can be added into your Brave browser and allow users to pay websites using the token for content creation.
Loading ads on web browsers takes up more data for users, slows load times and then there are the privacy issues that everyone is continually becoming aware of.
What are the criticisms of Basic Attention Token (BAT)?
Everyone making a web browser and selling ads online obviously has an opinion on the viability of the project. Will people pay to read articles? Will the token be able to be used in other online commerce eventually, such as Amazon or other sites for purchases without giving bank details?
The Brave browser is faster and does have higher privacy than Firefox and Chrome as a default, it is recommended that everyone try it as a second browser at least.