Basic Attention Token to Host Community Call on January 17th

Basic Attention Token to Host Community Call on January 17th

The Basic Attention Token team will host a Twitter Space titled “How Culture Shapes Communities That Last” on January 17 at 18:00 UTC. The discussion will focus on how culture influences the foundation of communities and how businesses can inspire genuine engagement and collaboration.Panelists include representatives from various blockchain and Web3 projects, such as KPR, Legacy Network, and Pupilz. Refer to the official tweet by BAT: What makes a community truly lasting, and how does culture shape its foundation? How can businesses inspire genuine engagement and sharing? Join us on as we break it down!📅 Fri, Jan 17, at 10 AM PT / 1PM ET🔔 Set your reminders. ↓ BAT InfoThe Basic Attention Token (BAT) is an ERC-20 token, conceptualized by Brendan Eich, the creator of JavaScript and co-founder of Mozilla.org. It aims to address the inefficiencies and issues in online advertising. BAT rewards web users and content creators within an “attention economy”, where attention is monetized. The token is integrated with the Brave Web browser, which is designed to be privacy-centric, blocking third-party ads and trackers.BAT operates primarily through the Brave browser. Users can opt into Brave Rewards, earning BAT by viewing ads and engaging with content. Content creators, in turn, are rewarded based on the attention they attract from users. Additionally, users have the option to tip content creators directly using BAT. Advertisers can use BAT to buy advertising space in the Brave browser. Transactions in Brave Rewards are facilitated via the Uphold platform, which handles the transfer costs.BAT is pivotal in addressing the challenges of the current online advertising model, especially the transition from desktop to mobile. It aims to reduce ads' load on mobile data and battery life and mitigate privacy concerns and distractions caused by advertisements. BAT also seeks to offer a fairer revenue model for traditional publishers losing out in the existing advertising landscape. In summary, BAT through Brave browser proposes a more efficient, privacy-respecting, and rewarding approach to online advertising for users, content creators, and advertisers.

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