Cryptocurrency-backed Internet browser Brave Browser recently announced it had reached over 15 million active downloads and users.
According to the announcement, the crypto-powered browser grew 125% in the last year. Furthermore, daily active users had reached 5.3 million, up 165% in the same period.
The browser focuses on providing more privacy for its users by blocking intrusive ads and trackers.
The browser also offers an opt-in advertisement system, powered by the Ethereum blockchain and Brave’s BAT token.
With Brave’s security and privacy focus, the browser offers its users the ability to open private windows using the Onion Router (TOR).
The privacy is set to block ads, but anyone opting in to receive ads will receive BAT cryptocurrency.
Furthermore, can use BAT token for tipping your favorite websites, content creators, or traded in for cash.
The firm’s co-founder and CEO Brendan Eich explanation for the low level of users:
‘When we first released [Brave Browser] on desktop, it was 40% of the desktop browser share and as we added mobile we found people were less willing to use [BAT]. But we are working to make it more attractive to use by making it more convenient, making it reward the user more.’
Content Creators Rewarded With BAT
Brave also announced significant growth in it’s Brave Verified content creators.
There are now almost 700,000 content creators across websites, blogs, YouTube channels, Twitter accounts, and other platforms.
Any content creator can sign up and receive BAT from their audience on Brave Browser.
We at MinedHash see the benefits the crypto-backed browser can have for independent content creators. And the team believe it’s the way forward.
Trade on Binance Without Leaving Brave Browser
The uptake in Brave is no surprise, and the browsing firm recently announced a partnership with leading cryptocurrency exchange Binance.
This partnership enables Brave browser users to seamlessly trade cryptocurrencies through a Binance widget.
The Binance widget offers integrated functionality for trading cryptocurrencies, viewing balances, and obtaining deposit addresses without ever having to leave the browser.
Brave Browser, which uses the Ethereum network is still a tiny part of the Internet browsing-sphere. But at over 15 million, more than double in a year, it’s not an insignificant amount.
And with the private, secure and faster experience of using Brave, added with the BAT rewards, I believe the number of users will grow quickly.
Our data should be ours, we should be allowed to remain as private as we want, and our awareness is a valuable asset.
Google, Microsoft, and Yahoo have all offered us a valuable tool, but at the same time, abused our trust.
Author: Tommy Limpitlaw