Yugocean
Valued Contributor
Basic Attention Token is an Ethereum based open-source DeFi platform. Its ticker symbol is BAT.
Brave Software Inc developed this token and ICO was launched in 31 May 2017, among the total supply of 1.5 billion, record 1 Billion BAT were sold in half minute for 156250 ETH; Brave Software Inc kept the rest of 500 million BAT to promote their web platform.
Brave Software Inc distributes the BAT tokens between users of Brave Browser. Earlier BAT was offered under 'growth pool' reward for users, later in Arp 2019 it was changed to Brawe Reward program in different categories.
Basic Attention Token is still active in the coin market; although its value never reached $1, it ranks among the top 100 cryptocurrencies in the coin market. Currently, more than 1.48 billion BAT are circulating in the coin market. Exchangers like UpBit, Binance, Huobi etc use BAT in trading.