The Brave browser, the crypto-powered browser aiming to become the future of internet browsing, blows past 5 million downloads.
Brave, an ad-blocking browser powered by cryptocurrency, has reached over 5 million downloads on the Google Play Store. Brave was developed by Brendan Eich, the creator of Mozilla Firefox. Brave was founded on May 28th, 2015, launched its ICO in May 2017, and passed the one million download milestone 6 months ago. When Brave’s ICO went live on May 17, it raised $36 million in 30 seconds.
Brave for @Android just passed 5 million downloads! ⭐⭐⭐⭐⭐ Thank you to everyone who browses faster with us: over 2.3 million monthly active users and over 14,000 verified publishers. ? pic.twitter.com/zVlL6wkh4A
— Brave Software (@brave) May 17, 2018
Brave has clearly experienced exponential adoption since its founding. This is likely because of their many partnerships including one with the Dow Jones Media Group. Brave browser allows users to contribute to content creators with Basic Attention Token (BAT). Furthermore, content creators using Brave can receive much higher percentages of revenue from using BAT compared to the traditional fiat payout percentages on conventional content mediums. Currently, 14,000 content publishers have been verified to receive BAT payments for their content.
The blockchain is often referred to as the “Internet of Value.” The Brave browser embraces this and is aiming to create a browsing experience where content creators can be compensated in BAT for their content. With this monetary incentive for content creators, it will be interesting to see if Brave ends up challenging traditional internet browsers.
On a side note, YouTuber David Hay recently explained his frustrations with the Brave’s Basic Attention Token (BAT). A content creator himself, he found it unnecessarily complicated to move around the BAT he received, and thus, along with a few other reasons, did not recommend the project. Hopefully Brave and BAT make strides to remedy some of the issues he mentioned, as they do severely detract from their own mission of providing usability as well as blatantly fail blockchain’s goal of removing middlemen in transactions.