Basic Attention Token BAT

A Basic Attention Token (BAT) is a currency for buying and selling on the World Wide Web. The Basic Attention Token (BAT) token is a digital representation of an individual’s permission to use a Cryptocurrency product, or, in other words, a token that can be exchanged for other tokens, or real-world currency, on the virtual exchange market. One such example is the creation of an online marketplace where consumers will have the ability to purchase cryptos.

To summarize, there are two types of tokens in cryptocurrencies – those that confer rights to use products (typically, to buy or sell), and those that entitle users to make purchases, using tokens that are generally tangible. In other words, you won’t be able to sell your own BAT token – only for your merchant’s use. However, if you do want to sell, you’ll have to find a third party to buy it from you.

You can read more about the Basic Attention Token on the ICO Blog. As of this writing, the ICO has been finished. The prices listed for all cryptocurrencies have been kept consistent throughout the duration of the ICO. This is because the success of the token sale depends on the value of each cryptocurrency not only within the market place but also within the marketplace as a whole. These final prices can fluctuate significantly based on supply and demand.

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