Unlike almost all other tech companies that farm out users personal data for profit, Brave has found a way to be available for free, while still protecting the privacy of its users and allowing advertisers to get their products in front of customers. This is amazing, the best of all worlds!
I have been using the Brave browser for about 10 months on iPhone and Mac. For about four years before, I had used Safari and Chrome. Before that, I used Internet Explorer and Firefox.
At this point, I am able to use Brave almost exclusively with only two real drawbacks that affect me:
- not being able to select it as the default browser on the iPhone
- the syncing feature is not yet implemented between the Mac and iPhone
The BAT token is the vehicle by which all of the magic occurs. BAT tokens are a currency that can be passed around between blog readers, Youtube channel subscribers, advertisers, and publishers. The BAT token has been trading between 10 cents and 1 USD for the past year, but this value is so far just in speculation. The real price discovery will happen with the usage of the browser and its advertising platform.
BAT Token Promotion:
Brave has been running a promotion to help onboard users. Brave has been giving BAT tokens to users of the Brave browsers. These promotional tokens are deposited into the wallet within the browser and are available for tipping websites or automatic contributions to websites of Brave Verified Publishers.
This website is a Brave verified publisher. At this point in the development of the Brave platform, if you are using the Brave browser and have enabled automatic contributions to your favorite websites, your Brave browser may contribute to farawaystars.com in proportion to the time you have spent on this website. If you are using the most up to date browser, you can click the BAT icon in the URL bar and tip farwaystars.com.
Although the ways publishers can be compensated is limited currently; in time, the Brave ecosystem may look something like this:
- advertiser or publisher purchase tokens on an exchange, available on Coinbase (affiliate link) now.
- advertiser pays for ads (not available as of 12/10/18)
- readers opt in to receiving ads (the browser blocks ads by default)
- readers are paid as they view ads
- readers sell tokens to an exchange or donate them to preferred sites.