Basic Attention Token – Who is behind the crypto currency?

There are no strangers behind the Basic Attention Token development. Founder Brendan Eich once developed JavaScript and was involved in the founding of Mozilla and Firefox. The co-founder of the BAT token is Brian Bondy. He previously worked at Khan Academy, Mozilla and Evernote. Yhan Zhu is responsible for the security and privacy of the browser. She previously worked at Yahoo, TOR, HTTPS Everywhere and Privacy Badger. Consultants include Ankur Nandwani and Zooko Wilcox. Ankur Nandwani previously worked for Coinbase, Lookout and Qualcomm and Zooko Wilcox works for Zcash. So the team was also able to gather some crypto currency experts around them.

At that time the token set a new record: Within 24 seconds, 1.5 billion tokens worth 36 million dollars were sold. Going there, the forecast doesn’t look so bad at all, even if the price then behaved quite normally.

Ethereum code Advantages and disadvantages

Whether people will buy Ethereum code or scam tokens to participate in the network is questionable. They will probably earn it passively if they use the browser. Ultimately, the success of the token depends on how many people use the browser and how many companies want to work with the developers. Over 150 companies have already announced their intention to collaborate, so that’s not a bad thing. But so far there is not much that can be done with the crypto currency. The developers want to add new functions in the future.

The Bitcoin code development was financed by an initial coin offering

Nevertheless, the share price has developed well over time and the ICO of the crypto currency has also been extremely successful. On the stock markets one seems to see here https://www.onlinebetrug.net/en/bitcoin-code/ a potential in the token and the concept behind it.

One or the other might be pissed off by the 70 that the developers earn from BATs. That the developers are claiming part of the tokens traded on the platform to finance their project is not new. But in most cases it’s much lower than 70%.