Brave Browser, an open-source web browser based on the Chromium web browser, announced the transition of Brave Ads Developer Channel Preview from phase one to phase two, in an official blog post. Phase one of the project was about creating a public opportunity for brands, marketers, developers, and the community to test the mechanisms of Brave Ads via its developer channel.
The platform stated that advertisers, such as BuySellAds, Fluidity, Uphold, TAP Network, and AirSwap, from its Early Access Program, were part of an important testing and learning phase. The second phase of the platform enables users to earn tokens as rewards for their attention. It also introduces “anonymous-but-accountable campaign reporting for brands” on Brave. The announcement read,
With today’s Developer Channel update [version 0.63.4], testers on OS X, Linux and Windows x64 [with 32-bit/x86 to follow shortly] will start to see the ads they are viewing being counted [”ad notifications received”] on the Brave Rewards Settings Page [accessible through brave://rewards]
They further stated that testers will be able to claim their tokens on a monthly cycle for viewing advertisements on their platform via Brave Rewards. This feature allows the platform’s users to contribute Basic Attention Token [BAT], a utility token based on Ethereum blockchain, to all sites they visit. With Brave Ads, users can choose to opt-in and earn BAT for their attention, by getting paid for watching ads.
Noastrademons, a Redditor said,
The whole point of BAT – and the reason users get some – is to correctly price users’ attention. If you don’t think it’s worth it, opt out of viewing ads. That’ll reduce the supply of ad inventory available, which means advertisers need to bid more to get their ads shown, which raises the demand for BAT, which raises the price, which makes it more worthwhile to turn on ads.
JankFrank, another Redditor said,
Well first of all we’re not exactly sure how much we’ll make when it’s all said and done. More importantly, no one who is opting into ads is doing so to gain a significant revenue stream. Eventually, with BAT earned you should be able purchase stuff like access to articles, on-demand entertainment, VPN, gift cards, etc. Ultimately many of us will opt-in as a way to fund sites/creators we like.
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Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
Crypto News – 24 June – Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
— AMBCrypto (@CryptoAmb) June 24, 2019
Crypto News – 24 June
Erik Voorhees on Bitcoin: According to the CEO of Shapeshift, Bitcoin’s relative traceability has allowed governments to become comfortable with it
Read more at https://bit.ly/2WVviJW
Max Keiser on gold’s ‘resurgence:‘ Max Keiser made news after he stated that Bitcoin’s growing popularity as a competing store of value and millennials were responsible for gold resurfacing in the conversation about store of value assets
Read more at https://bit.ly/2Xve2zp
Tron back in the top 10: A month after CEO Justin Sun promised to get Tron back in the top 10 of the world’s largest cryptocurrencies, TRX surged by over 6% to achieve the same by overtaking Cardano
Read more at https://bit.ly/31TXekX
Bank of International Settlements on Libra: While talking about Facebook’s Libra, BIS’s report attested to the need for sound public policy, financial regulation, competition regulation, and data privacy regulation
Read more at https://bit.ly/2Fsoptu
Bitcoin short futures position on the rise: According to a Twitter user, 70% of all Bitcoin short futures position are taken by four traders
Read more at https://bit.ly/31Om4CQ
LocalBitcoins’ Russian Ruble trading charts: According to CoinDance, the weekly LocalBitcoins chart revealed that the Russian Ruble [RUB] recorded towering volumes, even after the June 1 cash-exodus announcement
Read more at https://bit.ly/2JgRWYz
Howard Chu on Monero: According to the Founder of Symas Corp., Monero was “outstripping” other projects in the space which have larger budgets, in light of the new features added to Monero
Read more at https://bit.ly/2Y8IsEQ
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