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So, let me get this straight. If I set up an old computer in the corner and script it to just meander around the web 24/7 using Brave, I can rack up a ton of useless BAT tokens/currency/whatever?
>Our value add is free speech. A free speech browser. With a free speech app store. With free speech money. (Bitcoin.) We don’t care about saving advertising. We care about saving free expression. Fundamental difference. Fundamental USP.
Edit: Not talking about anyone's politics here, I'm talking about Brave's focus on advertising - not end user's freedom.
That being said, the tokens are basically worthless. This is not what the digital advertising industry wants and Brave is not going to get any decent advertisers with this. They'll end up with the same shady affiliate/performance marketers running CPA ads currently infesting all the 'content recommendation' widgets.
"Today, there’s no way for users who receive BAT for viewing ads to swap their digital currency for dollars, but Eich says Brave will partner with cryptocurrency exchanges to make that possible." So people can pay to buy tokens but can't sell them, seems legit.
They just can't convert any BAT rewarded for ad participation into fiat right now.
It's on the roadmap though, but even then you'll have to go through KYC AML providers so there'll be no option of anonymous earnings.
They've literally selected for a userbase of people who dislike advertising enough to go out of their way to find and use a largely unknown browser. I doubt that the people who downloaded it to avoid advertising will sign up for this without paying them a lot.
Most people are sold on Brave due to privacy / speed / battery life. Baking a transactional layer into the browser allows things like rewards for ad participation, but I think microtransactions to pay for gated content will be the more interesting aspect over the longer term. I only use and recommend Brave now, but have no intention of turning on ads.
People have tried microtransactions in lieu of ads, many, many times over the past decade. Hardly any users are interested, and those that aren't don't want to pay enough to keep the lights on at the websites they are visiting.
This is an idea that's incredibly popular in techie circles, and falls flat on its face with the rest of the world (Along with 'floss twice a day', 'just run your own mailserver', 'manually updating my OS/browser/dogsitting app is better, because I can control what runs on my computer', and 'compile all the software you run from source'.)
Brave is just an intermediary that replaces ads with other ads. It's an adnetwork delivered as a browser that creates ad inventory on top of the page instead of within it. That being said, the tokens are basically worthless. This is not what the digital advertising industry wants and Brave is not going to get any decent advertisers with this. They'll end up with the same shady affiliate/performance marketers running…
I stopped using Brave because of this exchange: https://twitter.com/BrendanEich/status/1118689481777766400 >Our value add is free speech. A free speech browser. With a free speech app store. With free speech money. (Bitcoin.) We don’t care about saving advertising. We care about saving free expression. Fundamental difference. Fundamental USP. Edit: Not talking about anyone's politics here, I'm talking about Brave's f…
Can't wait until someone automates it.
To acquire BAT at scale fraudulently from rewards will likely cost more than it's worth, and to convert it into fiat will require going through KYC / AML processes AND avoiding being flagged by Brave's fraud analysis.
I don't think they've published anything on fraud analysis, but what their research team has published is indicative of the calibre of Brave's team: https://brave.com/research/
Earlier quoted context omitted.
Most people are sold on Brave due to privacy / speed / battery life. Baking a transactional layer into the browser allows things like rewards for ad participation, but I think microtransactions to pay for gated content will be the more interesting aspect over the longer term. I only use and recommend Brave now, but have no intention of turning on ads.
> Baking a transactional layer into the browser allows things like rewards for ad participation, but I think microtransactions to pay for gated content will be the more interesting aspect over the longer term. People have tried microtransactions in lieu of ads, many, many times over the past decade. Hardly any users are interested, and those that aren't don't want to pay enough to keep the lights on at the websites t…
That changes everything about microtransactions.
I now have one location to top up and manage my wallet and can effortlessly pay for content across the web in a consistent, familiar way.
The historical approach of endlessly getting out a plastic card and typing private information into a multitude of different forms will seem terribly old-fashioned.
Earlier quoted context omitted.
> Baking a transactional layer into the browser allows things like rewards for ad participation, but I think microtransactions to pay for gated content will be the more interesting aspect over the longer term. People have tried microtransactions in lieu of ads, many, many times over the past decade. Hardly any users are interested, and those that aren't don't want to pay enough to keep the lights on at the websites t…
Integrating a digital wallet into a browser elevates money to a first-class citizen on the web. That changes everything about microtransactions. I now have one location to top up and manage my wallet and can effortlessly pay for content across the web in a consistent, familiar way. The historical approach of endlessly getting out a plastic card and typing private information into a multitude of different forms will s…