What is Basic Attention Token (BAT)
Basic Attention Token is the token of the Brave browser, and its idea can be explained in one sentence: online advertising pays the person watching, not only the site hosting it. Brave blocks trackers and site ads by default; those who wish can turn on an alternative ad system, shown by the browser itself, and receive in BAT a share of what advertisers pay. The rest goes to the content creators the user chooses to support and to Brave.
The token was born in 2017 on Ethereum and is one of the longest-lived in the sector. Unlike almost every other crypto-asset, its use does not depend on a network or a protocol, but on a consumer product with tens of millions of users. On Young Platform you can buy and sell the crypto-asset BAT on a spot basis.
Who develops BAT and who governs it
Behind Brave and BAT is Brave Software, a Californian company founded in 2015 by Brendan Eich, the inventor of JavaScript and former head of technology at Mozilla, and by Brian Bondy. The browser came out in 2016, the token in May 2017 with a public sale that raised 35 million dollars in under a minute. There is no DAO: decisions about the browser, the ad system and the use of the token are taken by the company. It is a centralised model, closer to that of a technology company than to that of a protocol.
The BAT supply is fixed at 1.5 billion units, all issued at launch: 1 billion sold to the public, 300 million kept by Brave to fund user growth and 200 million to the team. There is no inflation and no mechanism that reduces the quantity.
How the system works
The core is Brave Ads. Advertisers pay Brave to show ads, as notifications or in spaces on the browser’s pages; matching between ad and user happens on the device, without browsing data leaving the computer, and this is the point on which Brave builds its difference. A user who has turned on Brave Rewards receives 70% of what the advertiser pays, credited in BAT to an integrated wallet operated by a partner custodian. With those BAT they can support the sites and creators they visit, with tips or automatic contributions, or transfer them out.
For creators, over two million verified sites and channels receive user contributions in BAT. For advertisers, the token is the currency with which Brave repays attention: most campaigns are paid in dollars, and Brave converts. The token’s flow therefore depends on three numbers: how many users turn on rewards, how many advertisers buy space, how many creators cash out.
Brave in 2026: how widely it is used
Brave has grown well beyond the token. In October 2025 the company said it had passed 100 million monthly active users and 42 million daily ones. Around the browser, an independent search engine has grown, Brave Search, serving around 1.6 billion searches a month with its own index, plus an integrated artificial intelligence assistant, Leo, and an advertising network that sells space outside the browser as well.
This growth has an ambiguous effect on the token, however. Only some users turn on Brave Rewards, and Brave’s revenue comes increasingly from search, subscriptions and advertising paid in traditional currency, where BAT enters only as a distribution tool. The token is more widespread than ever in terms of people who have received it, and at the same time less central to the business model of its issuer.
What the BAT token is for
BAT has a single function: to be the currency of attention inside Brave. It rewards those who watch ads, pays creators and, for those who wish, pays for the ads themselves. It grants no voting rights, is not staked and does not share in the company’s revenue. Outside Brave it is an ordinary token on Ethereum, tradable on exchanges and transferable to a personal wallet.
What to consider before buying BAT
Beyond the volatility common to all crypto-assets, there are three specific elements. The first is dependence on a company: BAT’s use value exists only as long as Brave keeps it at the centre of its ad system, and that choice is made by Brave Software, not by a community. The second is the ratio between users and token: the browser is growing, but the share of users using rewards and the part of revenue that passes through the token are not growing at the same pace. The third is regulation: crypto-asset rewards for watching advertising are subject to different rules in different countries, and Brave has already limited them in some areas. On the price side, BAT reached its all-time high in November 2021.
If you want to transfer BAT to an external wallet, always check the supported destination network in the app: sending on the wrong blockchain can result in the permanent loss of funds.
In summary
Basic Attention Token is the rare case of a crypto-asset tied to a product that millions of people use every day without thinking about blockchain. The browser has grown past 100 million users; the token remains the currency with which Brave repays attention, in a model decided by the company. Understanding how much of that growth really passes through the token is the best way to decide whether and how to add BAT to your crypto-asset portfolio. For the network the token lives on, see the Ethereum page; for another project tying a token to a service used outside the sector, the Chainlink page.
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