Brave Browser to Add Cryptocurrency Tipping for Reddit and Twitter

Brave Browser to Add Cryptocurrency Tipping for Reddit and Twitter

Francisco Memoria
  • Privacy-centric browser Brave is reportedly set to add tipping for Reddit and Twitter.
  • To tip and receive tips, users will have to link their social media accounts with the browser's built-in BAT wallet.

The cryptocurrency-powered Brave browser, founded by JavaScript creator and Mozilla co-founder Brendan Eich, is set to add Reddit and Twitter tipping to its built-in cryptocurrency wallet, which uses the Basic Attention Token (BAT).

According to CNET the browser – which was funded through an initial coin offering (ICO) – will let users tip each other on Reddit and on Twitter, provided they have manually enabled the built-in BAT payments system and linked their social media accounts with the BAT wallet.

The company noted:

The model will be tipping -- a user likes a tweet and can give BAT to the tweeter, and optionally tweet back that he tipped.

Brave

As CNET reported, the Brave browser already rewards content creators like website owners, Twitter streamers, and YouTube channels with monthly BAT given from users who choose which websites their funds go to. To choose, users either manually pick the creators, or let Brave divide their contribution based on the attention they give each publisher.

Since the Brave browser blocks ads and trackers by default, it’s set to launch an advertising program that’ll reward users with up to 70% of ad revenue for seeing specific ads. As CryptoGlobe covered, Brave started trialing the program back in June.

The browser’s privacy-centric approach has been helping its popularity soar, so much so that last month it hit 3 million monthly active users. As reported, at the time Brave had over 18,000 verified publishers, out of which 4,500 were websites and 13,500 YouTubers. Eich’s company projects it’ll have 5 million users by the end of this year.

To increase its userbase, Brave started running a referral program that rewarded users with $5 per referral, noting users with 100,000 followers could amass $5,000 if 1% of their followers started using the privacy-centric browser.

Notably, Brave isn’t the only browser leveraging the advantages cryptocurrencies provide. As CryptoGlobe reported, two weeks ago Opera introduced a mobile browser for Android with a built-in cryptocurrency wallet that supports ethereum (ETH) and decentralized apps (DApps)

Earlier this week, the company revealed it was adding its built-in cryptocurrency wallet to its desktop browser, allowing users to manage their wallets through the desktop browser, and confirm payments on mobile. This, after crypto mining hardware manufacturer Bitmain invested $50 million in its IPO.