Home / Crypto Currency / Crypto-powered Brave Browser Hits 5 Million Downloads in Google Play Store

Crypto-powered Brave Browser Hits 5 Million Downloads in Google Play Store


brave

Advertisement

Join our community of 10 000 traders on Hacked.com for just $39 per month.

Cryptocurrency-powered web browser Brave has now been downloaded more than five million times from the Google Play mobile app store.

The ad-blocking browser, which was co-founded by Mozilla Firefox creator Brendan Eich, reached this significant milestone last Thursday, just six months after crossing the one million download threshold.

This rapid growth has come on the heels of several high profile partnerships, including one with Dow Jones Media Group that provides a limited number of Brave users with access to premium content from several of the company’s publications.

The app even received a cameo in a recent episode of iconic news program 60 Minutes, when Yelp CEO Jeremy Stoppelman used the app during a segment profiling allegations that Google has engaged in anti-competitive behavior in how it manages its ubiquitous search engine.

As CCN reported, Brave raised $36 million in just 30 seconds during the startup’s May 2017 initial coin offering (ICO). At the time, it was the highest-grossing ICO ever held, though this figure has since been surpassed by dozens of projects — including one that raised $1.7 billion from fewer than 200 investors.

Since the Brave browser blocks ads by default, users can reward publishers for producing quality content with the platform’s Basic Attention Token (BAT). YouTube creators and Twitch streamers can also register to become publishers, enabling them to earn a much larger percentage of the revenue than through conventional ad-based models.

Eventually, Brave plans to allow users to opt-in to non-intrusive advertising that is native to the browser. In exchange, they will receive a portion of the revenue, paid out in BAT and automatically converted into their local currency.

Download statistics for the iOS version of the app are not available, and Brave did not immediately respond to a request for this information. However, the company claims that the browser has 2.3 million monthly active users across all versions, as well as 14,000 verified publishers who have signed up to receive BAT payments.

Featured Image from Shutterstock

Follow us on Telegram.
Advertisement
Read more

Check Also

Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount

It appears that the cryptocurrency revolution is not all that welcome in Norway, with a bitcoin mining facility in a remote part of the country receiving a bomb threat. According to the Vakdalposten newspaper, the mining company, which is called Kryptovault and operates in the cities of Follum, Honefuss, and Dale, received the bomb threats The post Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount appeared first on CCN

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.