

Made for specific uses, this crypto falls under the “utility tokens” category. This coin is an ERC-20 token based on the Ethereum blockchain.

The motive behind creating this coin was to improve the security, fairness and efficiency of digital advertising through blockchain technology.

It was the creation of two software engineers, Brandon Eich and Brian Bondy. What is a BAT coin?īasic Attention Token (BAT) is the native utility token of the Brave browser. Basic Attention Token is one such crypto coin. However, many Ethereum blockchain-based coins and cryptos have been specifically made to serve as a platform for coding. Bitcoin and its offshoots are engaged primarily in transferring funds or making faster payments. There are numerous other coins in the crypto sphere. The cryptocurrency sphere is much more than just Bitcoin.
