Basic Attention (BAT)
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Overview
Basic Attention Token (BAT) is a cryptocurrency used in the Brave browser’s advertising and rewards system. Its name reflects a simple idea: when people choose to give an ad their attention, they should share in the value that attention creates. Brave Rewards lets users earn BAT from eligible ads and use it to support websites and content creators. Advertisers can also use BAT to pay for campaigns. (brave.com)
BAT connects three groups that often have different interests. Users want control over their browsing experience. Advertisers want to reach interested people. Creators need ways to fund their work. Brave brings these groups together through optional ads, token rewards, and direct contributions. The browser blocks many ordinary webpage ads and trackers by default, while Brave Ads offer a separate way to participate in advertising. (brave.com)
BAT began as an Ethereum-based token. It can be held and transferred outside Brave, though the browser remains central to its best-known uses. Understanding BAT means looking at both parts of the project: the token recorded on a blockchain and the Brave services that give people ways to earn or spend it. (brave.com)
Price, Market Position, and Liquidity
As of 10/8/2026 16:00 UTC, Basic Attention (BAT) trades at $0.098 with a +3.73% move over the last 24 hours.
The market capitalization stands at $154M, placing it at rank #221 by market value.
Daily trading volume is $1.1M. Basic Attention (BAT) has moved +17.58% over the past seven days and +36.60% across the last 30 days.
History & Team
From a browser to a token
Brave Software was co-founded in 2015 by Brendan Eich and Brian Bondy. Eich created JavaScript and co-founded Mozilla; Bondy previously worked at Mozilla and Khan Academy. Eich serves as Brave’s CEO, while Bondy serves as its chief technology officer. Their company first developed a privacy-focused browser, then introduced BAT to help build a new system for online advertising and creator payments. (brave.com)
Brave launched BAT in 2017 through a token sale. The company later introduced Brave Ads in 2019, giving browser users a way to earn tokens from ads they chose to see. That step turned the token’s proposed role into an everyday browser feature. Brave has since added a built-in crypto wallet, creator tools, and more ways to connect Rewards with blockchain accounts. (brave.com)
The project’s development remains closely tied to Brave Software. The company builds the browser, operates its ad products, and publishes plans for expanding BAT’s uses. Other creators and businesses can participate by accepting contributions or adding BAT to their own services. (brave.com)
Technology & How It Works
Private ad matching
Brave Ads are designed to match ads to users inside the browser. The browser can use information on a person’s device to select relevant ads without sending that person’s browsing history to an advertiser. Brave reports campaign activity using aggregated, privacy-preserving measurements. This gives advertisers information about delivery while letting users keep control of their personal browsing data. (ads-help.brave.com)
A user enables Brave Rewards and chooses which eligible ad formats to receive. These may include ads on the new-tab page or notifications. When the user sees eligible ads, Rewards can assign BAT earnings. Brave says participating users receive 70% of the revenue it receives from the relevant Brave Ads. Users can then keep their tokens, exchange them, or contribute them to creators. (brave.com)
Blockchain records and payouts
BAT is an ERC-20 token, meaning it follows a common Ethereum token standard. This lets Ethereum-compatible wallets and applications handle it. Ethereum transactions require network fees, usually paid in ETH. The ad-matching process happens in the browser; the blockchain provides a way to hold and transfer the resulting token. (brave.com)
Brave also supports self-custody Rewards payouts on Solana in eligible countries. Those payouts arrive as Wormhole-bridged BAT, a version used on Solana. A Solana wallet address needs SOL for the network steps involved in receiving and using it. The Ethereum and Solana versions therefore serve related purposes, but users need to select the correct network when handling either one. (brave.com)
Tokenomics & Utility
BAT has a fixed maximum supply of 1.5 billion tokens. The original distribution set aside 1 billion for the public token launch, 300 million for a user growth pool, and 200 million for Brave. The growth pool was intended to encourage people to try the BAT ecosystem. New BAT is not created each time someone views an ad; Rewards distribute tokens obtained through the project’s operating model. (basicattentiontoken.org)
The token has several connected jobs. It is the reward users can receive for eligible advertising. It is a means of contributing to creators. It can also be used to pay for Brave ad campaigns. Advertisers may pay in other supported forms, including traditional currency; Brave says it buys BAT for Rewards when an advertiser pays in fiat rather than BAT. This makes the relationship between advertising activity and token use broader than direct BAT payments alone. (brave.com)
Brave’s published plans also describe using part of the net revenue from proposed wallet, payment, and card features to buy BAT for rewards and ecosystem programs. Those plans concern how existing tokens could circulate. They do not change the original fixed supply. (brave.com)
Ecosystem & Use Cases
Users, creators, and advertisers
The most familiar use of BAT is Brave Rewards. A browser user can earn tokens from eligible ads and send contributions to participating websites or creators. For a reader, this offers a direct way to support work they value. For a creator, contributions provide an income source alongside subscriptions, sponsorships, or ordinary advertising. Brave reported more than two million verified websites and content creators in its 2026 roadmap update. (brave.com)
Advertisers use Brave to place campaigns in a privacy-focused setting. Some pay with BAT, while other supported payment methods lower the need for advertisers to manage tokens themselves. Ads and Rewards are linked, but the two products are not identical: for example, Brave says its Search ads do not earn BAT for Rewards users. (brave.com)
BAT also has uses beyond browser ads. Brave’s Rewards Partner Program encourages outside projects to accept the token or offer benefits to its holders. Examples described by Brave include creator tipping on a livestreaming service, purchases in a game, and registration of .brave domains. These uses show how a token first built for advertising can move into other forms of online participation. (brave.com)
Advantages & Challenges
BAT’s main advantage is a clear purpose tied to a working product. A person can understand the basic exchange: choose to see eligible ads, receive a share of revenue in tokens, and use those tokens to support creators or elsewhere. On-device ad matching is another distinguishing feature, since it gives Brave a way to offer relevant advertising while limiting the flow of personal browsing data. (brave.com)
The model also gives creators a connection to readers and viewers who want to contribute. Since BAT follows a widely used Ethereum standard, it can be held in compatible wallets and used outside the browser. Solana payouts add another route for eligible Rewards users who prefer to receive tokens in a self-custody wallet. (brave.com)
Its challenges come from that same design. BAT’s best-known uses depend on people choosing Brave, enabling Rewards, and engaging with supported features. Earning options also differ by device and location: Brave Rewards has limited features on iOS, and Solana self-custody payouts are available only in eligible countries. On Ethereum, moving BAT requires ETH for network fees; on Solana, users need SOL for network activity. The system must therefore make both browser participation and token handling simple enough for a broad audience. (brave.com)
Where to Buy & Wallets
Basic Attention Token can be purchased on Coinbase and Kraken, subject to each platform’s regional availability. After purchase, BAT can be held on a supported exchange or transferred to an Ethereum-compatible wallet. Brave Wallet supports BAT and other Ethereum-based assets, and wallets that support ERC-20 tokens can generally display and transfer Ethereum BAT. (coinbase.com)
Brave Rewards offers another route to receiving BAT through eligible ads. Users in supported locations can connect a custodial payout account or use the available Solana self-custody option. On desktop, Brave supports a compatible Solana wallet for self-custody payouts; on Android, Brave specifies Brave Wallet for that option. Wallet setup depends on which version of BAT a person will receive: Ethereum BAT and Solana-bridged BAT use different networks. (brave.com)
Regulatory & Compliance
BAT’s utility is connected to advertising, rewards, and creator contributions, but rules governing crypto transactions vary by jurisdiction and activity. In the United States, the Securities and Exchange Commission’s guidance explains that federal securities-law treatment depends on the facts of how a crypto asset is offered or sold. For tax purposes, the Internal Revenue Service treats digital assets as property and says receipts, sales, exchanges, and other disposals can have reporting consequences. (sec.gov)
In the European Union, the Markets in Crypto-Assets framework sets rules for crypto-asset offerings, admission to trading, and service providers. Its requirements depend on the type of asset and the activity involved. Custodial services also commonly use identity checks: Brave says users connecting a custodial account to Rewards complete verification with that account provider. (esma.europa.eu)
On the question of Islamic finance, Fasset’s published Shariah screening list classifies BAT as Shariah compliant. BAT’s core use is payment and rewards within an advertising system. That screening addresses the token as listed; the terms of any separate lending or financial product involving BAT are distinct from the token’s basic use. (fasset.com)
Future Outlook
Brave’s plans point toward more ways to use BAT across browsing, payments, and creator services. Its 2026 roadmap proposes a redesigned wallet, a Brave Rewards payment card, and a system for compensating participating creators when AI products use their content. Brave also plans to direct a share of revenue from certain proposed products toward BAT purchases for rewards and ecosystem growth. These are development goals, with details to be worked out as the products progress. (brave.com)
The direction is a shift from a token mainly associated with viewing ads toward one that could also reward purchases and other online activity. BAT’s longer-term role will depend on how many of these features reach users and whether creators, advertisers, and partner services find them useful. Its existing browser integration gives the project a starting point for that expansion. (brave.com)
Summary
Basic Attention Token gives Brave’s advertising and creator-support system a transferable digital asset. Users can earn it through eligible ads, creators can receive contributions, and advertisers can use it for campaigns. Its fixed supply, Ethereum origins, and Solana payout option explain how the token moves; Brave’s products explain why people use it. BAT remains a distinct example of cryptocurrency built around online attention and payments to creators. (brave.com)
Description
#221
Basic Attention Token is a cryptocurrency that uses blockchain to create a transparent and decentralized digital advertising system. It rewards users for their attention and protects their privacy by not tracking personal data. It integrates with the Brave browser to manage ad budgets and user rewards.
| Sector: | SocialFi |
| Blockchain: | Ethereum |
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