[skysnap]

There are many cryptocurrencies coming out in the usage of the publishing and usage scenarios. And there are some blockchains actually working as a token instead of the currency itself. The BAT token is one such where the usage of the BAT token is offering incentive for making use of the browser. The data generated through the browser will be sold. And that can be one way to make money. So here are some of the things you should know about the BAT token.

BAT Token

Notice I said token and not coin? BAT is basic attention token. That logs your surfing usage. And then take the data to the advertisers in exchange for the currency. And that currency is distributed to the other user pool. And the users earn the money. And so does the publishers. Though this type of the experiements are already done by the Adblockers. And there was not much earning for them.

Brave Browser and BAT

Brave and BAT are related to each other. The brave browser is the one that is going to collect your data and convert the attention into the BAT token. You have to install the browser named brave. And then it will allow you to generate the earning on the BAT token. Every month or specific time period you earn some token. And those tokens can be then exchanged for ether or other coin.

How much earning?

I think this is hard to answer. How much your data is worth to advertisers. If you are in US then you are more valuable than any other person in the world. So you'd have more data value. And you will earn more BAT tokens than anyone else. And in terms of the earning it is hard to decide at what rate this is going to help. Also you don't know what things are being tracked. So lot of things yet to answer.

Who wins?

Here in this scenario only the user wins. And the advertisers. Your data is continued to be sold through the advertisers. Just like adblockers do it through their own tracker instead of showing the ads. The publishers continue to lose in this deal. None of the publisher friendly model here tends to help. Because just like adblocker the brave browser also tends to make the publishers 3rd rate in the deal.

As you can see these type of the coins have their own demand. And they are being used for attention economy. And hopefully they are going to find some real world solutions. As of now I find it adblcoker friendly browser just good for use and excluding the earn part.

[Happyland]

Thanks for the article. The most important thing to know about the token for users is the earnings. But it is unknown? What are the things that should factor into calculating earnings for users? Another important question is how can the token be spent? It would seem like the token is not widely held or known. The ecosystem must be small. Another important question is how safe is the browser? What security features are built into the browser? The name of the browser is perfect. One should be brave to give up their information. How many users are earning from this concept? Can it be mined or pos?