Disclaimer: This is not financial advice. I am not an expert. And you should do your own research.
What is Brave?
Brave browser is like Google Chrome. But faster, automatically blocks ads, and protects your data. Oh, and it pays you to use it.
This is how it works.
You have the option to opt-in to see a few ads. And you receive Basic Attention Tokens for seeing them. These tokens are valued at roughly $0.72 a token at the time of writing. But that fluctuates quite a lot.
If you’re a long-term believer in the project, it may be a good idea to just hold.
Brave Browser offers a great browsing experience and has the potential to revolutionize the advertising industry.
Brave’s Roadmap
Brave’s roadmap looks really exciting. It included some ambitious and exciting features.
The Brave Wallet — a cryptocurrency wallet right in your browser. It will be available on desktop & mobile, come installed with Brave Browser, and allow you to buy cryptocurrency with USD (or your native currency).
Brave DEX Aggregator — Brave is building a decentralized cryptocurrency exchange to enable token swaps. Meaning you can trade cryptocurrency right through your browser. They’ll also be offering discounts & benefits to users that pay for fees with BAT (Yes, the same BAT you can get for free).
Scaling Advertising — to run ads on Brave, you must go through the company side of things. This makes it difficult to scale. But they’re building a platform to publish ads without a bottleneck. Anyone will be able to run an ad on Brave.
New Search Engine — Brave bought a search engine. And they’re currently working on improving it. This will be a powerful competitor to Google.
Why These Features Will Change Everything
These features can change everything about the Crypto Creator Economy.
Here’s why.
Let’s think back to the early days before the car became popular. The car made it easy to travel far distances for a relatively low cost. Any middle-class person could buy a car, fill it up with gas, and drive wherever they wanted.
Want to visit the family that lives 3 counties away? No problem. We can drive there. Best paying job you can get is 20 miles away in that big city? Great, you can commute there! Want to see what people in Mississippi look like? Pack the car!
The point here is that cars reduce friction to travel. And in the same way, Brave Browser will reduce friction to using cryptocurrency.
Anyone with an internet connection will be able to start their computer, download Brave, earn tokens for free, and participate in the decentralized web. This makes it easy for anyone to get into cryptocurrency.
Currently, only 11% of Americans own Bitcoin and 5% of Europeans according to this site.
This means the market has a lot of room for adoption. And Brave could be at the forefront of that adoption.
Having the ability to easily earn cryptocurrency, buy it, and exchange it in one location is important. It will have network effects in its favor. Imagine all the benefits of a decentralized platform that’s better than free. It pays you.
This has the potential to destroy Google. Sure, Google is a nice experience we’re all used to. But Brave is faster, protects our data, and pays us to use it. That’s why I’m personally invested in Basic Attention Token. Brave Browser can bring millions of people into the cryptocurrency space.
Final Thoughts
Brave Browser is an exciting technology with a lot to offer. Their team & community are steadily growing. And so is support for the project.
When these features become available, Brave could make it radically easier to participate in the cryptocurrency space. Whether you’re trying to buy, sell, or make some passive income. And nobody will be selling your data to do it.