Brave Browser has been growing exponentially: Great potential to grow.

By ModernEuler | Moderncrypto | 29 Nov 2019


Founded in January 2016 by Brendan Eich, the creator of JavaScript and a co-founder of Mozilla, Brave Software has hit several milestone and has been growing exponentially. 

As you know Brave is a browser that lets users navigate to websites, run web apps and display or play online content. Like other browsers, it is free to download and use, remembers site authentication information and can block online ads from appearing on sites.

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The Brave open source browser fundamentally shifts how users, publishers, and advertisers interact online by giving users a private, safer, and 3-6x faster browsing experience, while funding the Web through a new attention-based platform of privacy-preserving advertisements and rewards. Source: brave.com

You can download faster, safer ad-free Brave Browser here https://brave.com/gdc415

Growing At a Rapid Pace

Brave Browser has been hitting headlines so far. The user base and publishers who accept BAT tipping have been growing enormously.

Brave BAT

The privacy-focused browser, Brave, has just hit a major milestone, achieving 40 million users on the Android platform alone. For some perspective, the Coinbase app has 20 million downloads.

Earlier this year, it was reported that Brave reached hit 20 million downloads on the Android platform, and the current jump to 40 million indicates that the browser is growing at an exponential rate. In about eight months, the browser has doubled the number of users on the Android platform. It is also the most downloaded Android browser in Japan.

The browser has already overtaken the Opera and Firefox browsers in terms of user numbers and was reported as having a user acquisition rate that is over double that of current market leader Google Chrome. source: beincrypto.com

Brave Publisher Growth

According to independent data from BATGrowth, the total number of Brave Browser Publishers has reached to 335,832 as of November 29, 2019. The list of publishers includes many non-cryptocurrency websites, including major news organizations like The Guardian, Los Angeles Times, and The Washington Post. The list also includes gaming-related websites such as Nexus Mods and How Long to Beat, and software download directory websites Archive.org and SourceForge.

List of verified Brave Browser/BAT Publishers can be seen at batgrowth.com/

What Makes Brave Browser Special?

Its unique business model makes Brave very special: its aggressive anti-ad attitude. The browser is built to strip online ads from websites and its maker's business model relies not only on ad blocking but on replacing the scratched-out ads with advertisements from its own network. See the figure below.

 

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Moreover, Brave Browser pays its users to surf the web. The users earn BAT tokens by surfing the web. Brave Browser gives users a 70 percent cut of its advertising revenue, $5 a month. Brave pays users with Basic Attention Tokens or BAT. (www.computerworld.com)

 The brave browser combines privacy with a blockchain-based digital advertising platform. Subscribers, followers, or readers can tip BAT tokens to their verified content creators. 

When you visit Twitter, fo example, in the Brave Browser for desktop, you will see a special tip button on each tweet. Tap on a tip button to send a tip directly to the author of the tweet.

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Although the project is still at an early stage, Brave has huge growth potential. Brave browser's market share is very small and it has a big potential to grow in this market with its unique business model. 

This is the same for it native Basic Attention Token (BAT). 

Do you think Brave will attract more users to its browser? 

Thanks for reading. I hope you’ve found it helpful.

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ModernEuler
ModernEuler

A crypto and blockchain enthusiast and blogger. Writing about Crypto and trading since 2017. I cover the topics including crypto news, trading suggestions, chart analysis, etc. Follow me on Twitter @cryprostream


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