Brave was co-funded by Brendan Eich. He also created JavaScript (most popular programming language in the world) and co-funded Mozilla. Brave is the new Firefox.
"The Web3 browser as the gateway to 1 billion crypto users" (Brendan Eich)
Brave Wallet. Like MetaMask, but native to the browser (no extension to install). Multi-Chain wallet (Ethereum, Solana, Bitcoin, and more). DeFi support. NFT support.
Brave Swap (DEX aggregator in the browser). Users will receive a monthly rebate for 20% of their swap transaction fees in the form of BAT.
Brave Search. Best alternative to Google. Use BAT to buy keyword ads on Brave Search (not there yet but it's coming).
BAT is really Brave doing revenue sharing (70% of the revenue from Brave's ads is returned in the form of BAT). The adtech industry was estimated at 319 billion in 2019, and is expected to hit 1.08 trillion by 2027. In 2020, about 97.9% of Facebook's revenue was generated from advertising. More than 80% of Google's revenue comes from ads.
In the future websites will be able to run Brave ads and earn BAT (users will earn BAT too if they opt-in). This win-win-win relationship is the future of online advertising (users win, content creators win, and advertisers win).
Pay with BAT: buy and sell stuff online using Brave Wallet and BAT (coming in the future).
Brave is the first IPFS browser in the world. IPFS is basically BitTorrent for the web. BAT will play a role here too.
As of October 2021, Brave has 42.1 million users. The growth is insane. Brave is literally next Google.
Also read this great Twitter thread:
[link] [comments]
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