Market Analysis

Brave Web Browser Welcomed By The Community Across The Globe.

Brave software has recently stated that its internet browser has been downloaded in million from the Google’s Android Play Store, thereby doubling its user base in exactly just four months.

Earlier in may this year, the web browser hit 5 Mln downloads within the Google Play Store, barely after just six months of its launch. The ad-blocking browser developed by the company rewards its readers and content publishers with Basic Attention Token (BAT) that aims to revolutionise the existing internet’s model that mainly depends upon advertisement revenues and sale of user data.

From the beginning, the company following its goals initially raised around $35 Mln in exactly thirty seconds during its ICO crowdfunding, eventually setting what was then a record for the foremost quantity of cash ever raised in a crowdfunding ICO. The browser has achieved fantastic growth since going live, boosted by variety of partnerships together with a media partnership that allowed users to access premium content from the company’s massive catalogue of publications.

Brave offers content producers like YouTube creators and Twitch streamers the power to earn a well larger share of revenues than they’d typically earn in the existing ad-based models. One such creator is a famous YouTuber ‘DeFranco’ who recently signed with Brave as per the company’s goal to grow its adoption among the youth demographic along with widespread creators.

Under this framework, the users receive some of the advertising revenue in variety of BAT payments which can be automatically converted into any desired fiat currency.

Leave a Comment

Your email address will not be published. Required fields are marked *