Bravesoftwarehas recently stated that its internet browser has been downloaded in million from the Google’s Android Play Store, thereby doubling its user basein exactly justfour months.
Earlier in may this year, the web browser hit 5 Mln downloadswithin the Google Play Store, barely after just six months of its launch. The ad-blocking browser developed by the company rewards its readers and content publishers with Basic Attention Token (BAT) that aims to revolutionise the existing internet’s model that mainly depends upon advertisement revenues and sale of user data.
Fromthe beginning, the company following its goals initially raised around $35 Mlnin exactlythirtyseconds during its ICO crowdfunding, eventually setting what was then a record forthe foremostquantityof cashever raised in a crowdfunding ICO. The browser has achievedfantasticgrowth since going live, boosted byvarietyof partnerships together witha media partnership that allowed users to access premium content from the company’smassivecatalogue of publications.
Brave offers content producers like YouTube creators and Twitch streamersthe powerto earn awelllarger share of revenues thanthey’dtypically earn in the existing ad-based models. One such creator is a famous YouTuber ‘DeFranco’whorecently signed with Braveas per thecompany’sgoal to grow its adoptionamongthe youth demographic along withwidespreadcreators.
Under this framework,the usersreceivesomeof the advertising revenue invariety ofBAT paymentswhich can beautomatically converted into any desired fiat currency.