• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Buy SilverTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Buy SilverTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Technical analysis

Brave Browser (BAT) Has the Largest Potential Crypto Userbase on Paper at 14 Million

Samuel Wan by Samuel Wan
10 months ago
in Technical analysis
Reading Time: 2min read
Brave Browser (BAT) Has the Largest Potential Crypto Userbase on Paper at 14 Million
Advertisement

Brave browser continues its phenomenal growth rate, hitting 13.8 million users at the end of April. Of those users, 1.7 million have opted into the crypto rewards system, according to co-founder Brendan Eich.

Brave Browser is a Stepping Stone Into Crypto For Many

In the world of crypto, Brave browser occupies a somewhat unique position, in that its users aren’t necessarily hardcore advocates of cryptocurrency.

As noted by Binance CEO, Changpeng Zhao, in a recent interview with Brave’s co-founder, Brendan Eich, the figures above mean less than 20% of Brave users actively participate in the Basic Attention Token (BAT) reward system.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!
Changpeng Zhao & Brendan Eich discuss crypto
Source: pscp.tv

However, Eich was quick to point out that while users come for the privacy features, it’s still a choice to opt-in, or not.

“We don’t force our users to participate, if they don’t want to they don’t have to. They have to turn it on, once they do it’s like a loyalty points system.”

Those that do opt-in can benefit by monetizing their attention, and most of all, driving a fairer model of internet advertising revenue through the use of crypto.

Besides that, Eich stated that plans are in place to make BAT rewards more attractive to use. This includes rewarding users more, as well as making the process more convenient. This, he hopes, will increase the ratio of BAT users to Brave users.

“We have a pool, or user growth that allows us to give users tokens, even before they’ve seen an ad.”

Taking this into account, the Brave browser already has a ready group of non-crypto users to reach out to. Which in turn facilitates the drive to adoption much more easily, when compared to other crypto projects.

Brave is on The Up

In July 2018, Brave announced the milestone achievement of having reached 3 million users. Now, less than two years later, that number is almost fivefold. This represents a stunning accomplishment in any industry, let alone within crypto.

What’s more, it’s getting harder to ignore Brave, and what they are trying to achieve by taking on the internet advertising oligopoly held by Google and Facebook.

And Tyler Winklevoss agrees, just last week he tweeted that BAT will be listed on the Gemini crypto exchange today. This represents a major coup for BAT as it expands its distribution channels further.

We're taking one step closer to building a better Internet. Trading for $BAT will open on @Gemini this coming Tuesday, May 5 at 12pm ET. Let's do this! cc @brave

— Tyler Winklevoss (@tylerwinklevoss) May 1, 2020

On top of which, the start of the month saw Brave desktop incorporate the Binance widget. This is the first time an internet browser anywhere has had an integrated crypto exchange.

Users can now view a summary of their Binance balances, deposit digital assets, exchange tokens, and buy, all within the same tab.

“this integration enables millions of users across the globe to seamlessly trade and manage cryptocurrency, all without leaving the browser.”

As such, the fundamentals of both Brave and BAT look stronger than ever. With that in mind, it should only be a matter of time before BAT starts breaking the top 30, in the crypto market cap rankings.

Tags: BATBrave Browsercrypto
TweetShare23
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Related Posts

bitcoin bloomberg march

Bloomberg Chief Analyst Says Bitcoin Could “March To $100,000” From Here

2 hours ago
Ethereum

TA: Ethereum Struggles Above $1,600, Why 100 SMA Is The Key

17 hours ago
Bitcoin

TA: Bitcoin Turns Attractive Above $50K, Why BTC Could Rally To $55K

19 hours ago
bitcoin thin ice

Time To Be Careful: Why Traders Are Cautious On Bitcoin Right Now

1 day ago
Polkadot (DOT)

Charted: Polkadot (DOT) Steadies Above $35, Why Bulls Aim $40 or Higher

2 days ago
Ethereum

TA: Ethereum Lacks Momentum Above $1,550, Why Dips Likely To Be Limited

2 days ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

Bittrex Global Exchange to List Ndau for Long-term Holders

March 4, 2021

Polkadex, DEX Built for Web3, Raises $3m From CMS Holdings, Outlier Ventures, OKEx Capital and More

March 4, 2021

Casino Betting Coin launches $FUN Uniswap pool

March 4, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Buy Silver

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.