Crypto-Powered Brave Browser Triples Its User Base in Just One Year

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The cryptocurrency powered Brave browser has surpassed 10 million monthly active users after coming out of beta in October thanks to the press coverage it received.

According to a press release, Brave had 8.7 million monthly active users in October and, by the end of November, it hit 10.4 million, representing a 19% increase across all platforms. Behind the user surge were positive press reviews related to it coming out of beta with the release of its privacy-preserving ads for iOS devices.

The press release details that in one year, Brave doubled its monthly active users. Moreover, the number of daily active users “tripled in the last 12 months, to 3.3 million.” Users have been getting behind the crypto-powered browser as it blocks ads and trackers by default, and through its basic attention token (BAT) rewards users for viewing ads that respect their privacy.

Brave's growthSource: Brave

The press release further noted that verified content creators, who are eligible to be rewarded in BAT, have grown 28x since the beginning of the year, partly thanks to the addition of new platforms. Brave now has 340,000 verified content creators from not only websites but also platforms like YouTube, Twitch, Vimeo, GitHub.

Brave’s ads that reward users with BAT are currently available in a total of 33 countries, including the United States, United Kingdom, Spain, Venezuela, Japan, Peru, and Singapore, as back in October the browser added 20 new countries to the program.

Earlier Brave partnered with Everipedia, the world’s largest blockchain-based encyclopedia resource, to increase brand awareness. The goal of the collaboration is to promote both brands, and as part of the deal Brave was to be featured on the homepage of Everipedia’s index.

Featured image via Pixabay.

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Hong Kong Free Press Promotes Brave's BAT as a Tipping Method

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The Hong Kong Free Press (HKFP), a non-profit Hong Kong-based news website covering local affairs, has started promoting the Brave browser and its basic attention token (BAT) as a tipping method to support it.

Via social media, the HKFP promoted the privacy-centric Brave browser, and pointed out that using it its readers can reward it with the BAT token simply by viewing ads and tipping it.

As CryptoGlobe reported, the cryptocurrency-powered Brave browser saw its user base triple in just one year thanks to its features, as it blocks ads and trackers by default and helps preserve users’ privacy online. Moreover, through its basic attention token it rewards those who opt to see ads, allowing them to redistribute those rewards to other users.

Earlier this month, Apple recommended the cryptocurrency-powered browser as one of the “New Apps We Love” on its Hong Kong app store, marking another milestone for Brave, which was created by former Mozilla CEO and JavaScript creator Brendan Eich.

Less than a day after enabling Brave browser donations, HKFP’s editor-in-chief tom Grundy revealed the firm had already received 153 BAT, worth about $33.

The Hong Kong Free Press itself has been having funding problems as back in September cryptocurrency payment processor BitPay blocked its bitcoin donations for weeks without properly working with the HKFP to resolve the issue.

Soon after, the organization moved to start accepting bitcoin donations through a BitPay rival, BTCPay. In a follow-up tweet, Grundy noted that cryptocurrency donors have already given the Hong Kong Free Press at least 1.97 BTC, worth over HK $134,000.

The non-profit news outlet relies on crowdfunding to keep its operation running. Cryptocurrency donations have helped it stay afloat. BitPay, it’s worth noting, has also been implicated in the suspension of other donations. Back in August 2019, the processor blocked a $100,000 contribution to the charitable organization, Amazon Watch, all due to a volume limit.

Featured image by Roman Kraft on Unsplash.