31.3 C
Tuesday, May 28, 2024
HomeAltcoin NewsBrave Pays Users in BAT to Watch Video Advertisements

Brave Pays Users in BAT to Watch Video Advertisements


Related stories

Crypto is great all by itself, but if you can get paid in it, that’s even better, and secure browser system Brave is now paving the way for a new rewards system that allows users to earn cryptocurrency for viewing advertisements as a means of marking the official launch of Brave’s new 1.0 version.

Brave Allows You to Earn $$ By Watching Videos

Aside from earning money for watching ads, users can also tip publishers they like with BAT (Basic Attention Token). The publishers much be certified with the browser and range from The Guardian to The Washington Post to MarketWatch.

Since first opening its doors for business roughly three years ago, Brave has garnered nearly three million active daily users and nearly eight million monthly ones. It relies on BAT to generate revenue and is built on Google’s Chromium browser.

A statement issued by the company reads:

Brave is built on top of the first global private ad platform, designed from the start to value users’ attention and privacy. Brave has pioneered a new blockchain-based advertising model that reforms the current system with privacy by design and 70 percent revenue share to users in the form of Basic Attention Tokens (BAT).

The BAT program is designed for using crypto to reward content creators. This is what allow users to tip publishers and writers they appreciate or follow. Anyone interested in taking part in the program can activate what’s known as the “Brave Rewards” system through their Brave wallets after they’ve downloaded the browser.

“Brave Rewards” is a small, triangular icon that sits near the browser bar. Users can add money to their accounts through this icon and provide tips and monies to those they wish to reward. As it stands, there are approximately 300,000 creators linked to Brave that users can tip with BAT.

However, in order to give BAT, you need to earn BAT, and users can do this by viewing specific ads. These advertisements are completely private according to claims made by Brave representatives, and stem from brands ranging from Home Chef to Intel to Pizza Hut.

The browser is widely focused not just on privacy but preventing your data from ending up in the wrong hands. It does this by disallowing ad trackers and third-party advertisements through a separate system called “Brave Shields.” Whenever a customer goes online, the “shield” avidly searches through the websites the person visits to see what should be allowed and what should be blocked.

Keeping You in Control

This is ultimately the opposite of something like Facebook, which was caught last year selling users’ information to third parties specifically for advertising purposes.

However, founder of Brave Brendan Eich says that the point of Brave is not to destroy the internet, but simply to give control back to readers.

Nick Marinoff
Nick Marinoffhttps://www.livebitcoinnews.com/
Nick Marinoff is currently a lead news writer and editor for Money & Tech, a San Francisco-based broadcasting station that reports on all things digital currency-related. He has also written for a number of other online and print publications including Black Impact Magazine, EKT Interactive, Seal Beach USA and Benzinga.com, to name a few. He has recently published his first e-book "Take a 'Loan' Off Your Shoulders: 14 Simple Tricks for Graduating Debt Free" now available on Amazon. He is excited about the potential digital currency offers, particularly its ability to finance unbanked populations and bring nations together financially.


Latest stories