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Thread: Brave, A Blockchain-Based Browser Offers New Way To Pay Content Creators

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    Achaean,not Patrian Faklon's Avatar
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    Default Brave, A Blockchain-Based Browser Offers New Way To Pay Content Creators

    Brave, A Blockchain-Based Browser Offers New Way To Pay Content Creators

    By Eric Brackett



    Brave, a block-chain based browser, raised $35 million this year and is now on the market and hoping to build a new ecosystem that benefits content creators and consumers alike.

    The major selling point of Brave is its use of Basic Attention Token, a new form of cryptocurrency, which it helps will allow users to reward the creators they enjoy while making ads less frustrating and more relevant to their interests. Starting this week, Brave will begin distributing BAT to its users. It plans to give out about $60,000 worth or 300,000 BAT tokens. Normally users can earn BAT simply by using Brave, but this promotion should give them additional tokens which they can then use to reward creators they enjoy.

    Over the course of the month, users will get an additional $5 worth of BAT. These coins will be added to their Brave payment wallet and can then be used to provide “tips” to various websites and YouTube channels they visit.

    The wallet’s default setting base’s the tip amount based on how long a user spends at a Brave-verified website. However, these settings can be changed allowing users to give whatever tip amount they would like.

    The plan is for users to start giving tips to the content creators they enjoy allowing the content creators to rely less on adds as BAT can be converted into dollars or other forms of fiat currency.

    Brave CEO Brendan Eich told Tech Crunch that Brave is hopeful that this system will serve as a way to cut out the middle-man and make the internet better for everyone.

    “It is one of many steps toward dealing users back in for a fair deal, and dealing out the toxic middle players,” Eich said. “We are moving from good-will contributions to user grants to private ads that share the bulk of the gross ad revenue with the user, without any targeting or tracking by remote parties (including Brave.)”

    The Brave browser is currently already on the market though its full functionality will be improved over time. YouTube payment options were just added over the last two months, for example.

    For more information, Brave’s official website can be found here.

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    Veteran Member zhaoyun's Avatar
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    A lot of people are comparing Bitcoin's rise to the Tulip Mania, but I honestly think this is the rise of a new form of currency and it is just starting to get institutionalized. I think 2018 will be a major year for Bitcoin's entry into mainstream finance, once you see it becoming more institutionalized, widely accepted, and institutional investors gaining enough confidence to pour immense amounts of money into it, it's valuation will be increasing more.

    Of course, there will be a great deal of volatility as well. But I think in the next 5 years, you will see cryptocurrencies gaining a great deal of credibility and the primary ones will emerge as stable investment tools.

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    Veteran Member Jehan's Avatar
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    I saw it sometimes ago. I was interest by brave but I never use, does some of you did?

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    Achaean,not Patrian Faklon's Avatar
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    Quote Originally Posted by Jehan View Post
    I saw it sometimes ago. I was interest by brave but I never use, does some of you did?
    I do.

    It's way faster than Chome, Firefox, IE and its adblock works flawlessly. Only con is its boring interface if you can't customize it via github and some bugs that have disappeared for me since the last update.

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