Kraken lists Basic Attention Token (BAT) and WAVES
Kraken lists Basic Attention Token (BAT) and WAVES

Kraken lists Basic Attention Token (BAT) and WAVES

By Stefano Cavalli - 22 Aug 2019

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Kraken has just announced that it will list two new cryptocurrencies within its platform: Basic Attention Token (BAT) and WAVES. Here’s the tweet from Kraken’s official Twitter account:

BAT is an Ethereum-based token that has been the subject of a lot of talk in recent months. First the creation of Brave, the web browser that aims to disrupt the online advertising market and then the activation of the token withdrawal. It is a real ecosystem based on a decentralised and open-source advertising platform.

The Brave browser offers customers the possibility to receive BAT tokens in different ways, it is also possible to make different donations on multiple platforms.

Coinbase has dedicated an entire page to the functioning of this token, offering a reward program for anyone who wants to learn more about BAT. Brave was initially created as a tool for private navigation, as it avoids data tracking (which is already the case with other browsers).

With the help of a token, it now rewards users according to whether or not they are watching the ads. An interesting tool aimed at radically changing the advertising market in this sector which, according to 2017 data, exceeds more than 17 billion dollars.

The Waves token (WAVES), on the other hand, is part of a decentralised platform that is used to develop dApps. It allows anyone to create their own cryptocurrency and provides a wallet and browser extension that can interact with these apps.

Last month, the team in charge of Waves also announced its entry into the business side of the blockchain world: Waves Enterprise will focus on this. All use cases for companies will be handled directly by this team.

The news that Kraken reported is acting in a very positive way for BAT, a little less for WAVES that tends to follow more bitcoin (BTC) in a period when the number one cryptocurrency is dragging down the entire market.

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