Basic Attention Token [BAT] worth $5 million to be given away with Coinbase’s new earn page

Coinbase, the poster child for cryptocurrency exchanges in the U.S. and around the world has put out a new feature that lets users earn cryptocurrency by completing educational lessons and interactive tasks.

Basic Attention token [BAT] is cryptocurrency that mainly focuses on digital advertising and can be used to obtain a variety of advertising and attention-based services on the BAT platform.

At 7:19 UTC Coinbase announced in a tweet:

“Earn $10 worth of BAT with a new Coinbase Earn opportunity today. Check out the Earn page to view educational videos about Basic Attention Token and try out the blockchain-friendly Brave browser to begin earning.”

This tweet was followed by another tweet that stated:

“We’ve launched a new Coinbase Earn page where you can earn Basic Attention Tokens (BAT). Earn up to $10 worth of BAT today by completing educational lessons and interactive tasks.”

Brave, is a browser that is open and was developed by Brave Software Inc. based on the Chromium web browser. The browser blocks ads and website trackers. In a future version of the browser, the company intends to adopt a pay-to-surf business model.

The official account of Brave on Twitter also tweeted this and said that they were “thrilled” to be working with Coinbase for completing the educational tasks with the Brave browser.

BAT worth $5 million will be set aside for the new “earn BAT” program by Coinbase as per Brave Software and 100% of the BAT will be given away to the users.

The educational lessons and activity will be available to the people who have received an e-mail invite by Coinbase. The community seemed to have responded well to the announcement, considering the pump in the price of the token in a one-day time frame.

The price as observed on Coinbase paired with USDC pumped a massive 32% in two hours post the announcement. At the time of writing, BAT was trading at $0.11, with a market cap of $142 million.

@xgreg813x commented:

“You could just convert it to BTC ???????? I got my BAT then it pumped 30% and sold it for USDC. Will buy BTC with it eventually.”