Brave Software, the company behind the Brave Browser, recently announced that its browser has been downloaded from the Google Play Store more than 10 million times, which doubled up the user base in just four months. The post was officially revealed on Brave’s Twitter profile last Friday.
After hitting 5 million downloads in May 2018, six months after the browser his the 1 million download mark, the ad-blocking tool which rewards readers with the Basic Attention Token (BAT) is still aiming at revolutionizing the entire monetization model of the Internet, which is currently dependent on advertising revenue, tracking user behavior and sale of user data.
Thrilled that Brave for @Android now has over 10 million downloads! 😍 Thank you to our users for choosing to browse faster and safer, and for valuing privacy protection! https://t.co/ME6ZkOYfLx pic.twitter.com/nBmpMFEcBa
— Brave Software (@brave) August 24, 2018
Brave had great ambitions right from the start. The browser raised $36 million in 30 seconds during its ICO round, which set a record at the time for the most money raised in an ICO.
Right now, Brave is known as a browser that offers content creators as well as streamers on YouTube and Twitch the ability to earn cryptocurrency through its ad-based model. As one of the users of Brave, Phillip DeFranco confidently said:
“I’m so excited to work with Brave and spread the word because, in addition to being such a fantastic product that creates a cleaner, faster, and secure browsing experience, they are thinking about creators, their audiences, and how to support both first. This is a fantastic opportunity for the creators looking to diversify and get the platform that makes it easier to go from creating as a hobby, to creating and supporting yourself, to building your very own business.”
The micropayments in BAT help users get paid in crypto and enjoy the non-intrusive advertisements that are native to the Brave platform.
Market Sees Red, Losing $1 Billion Overnight While Bitcoin Remains At $3,600
Crypto Analysts: 2019 May Be A Year Of Bitcoin Accumulation
“Similar to 2015, 2019 may be the year of accumulation.’’Another crypto researcher Willy Woo said that while a crash of bitcoin to $3,122 could lead to an increase in volume, it won’t show signs of starting of the accumulation period. He pointed out:
‘’Despite the technical setup that suggests bullishness is possible, there’s not a lot on-chain volume to fuel a prolonged up move. What we saw in the last 7 weeks was a spike of on-chain volume driven by volatility, coins moving to exchanges to trade. The initial volume spike false signalled a faster detox and an earlier end to the bear market, but in fact it was a volatility side effect. That move from $6k to $3k created immense trade volume, but it was in no way a signal that accumulation volume had begun.’’Until evidence for the accumulation of crypto assets shows up, there are still expectations of high volatility levels.
Dmitry Medvedev: ‘’We Should Watch Closely What Happens To Cryptocurrency’’
‘’But this, of course, is not a reason to bury cryptocurrencies. There are both light sides and dark sides, as in any social phenomenon, in any economic institute. And we should just watch closely what happens to them.’’He continued to discuss social inequalities and how the global digital transformation is speeding up saying the cryptocurrency is a part of that fast-going phenomena. The news comes right after major media outlets published the story of Russia’s plan to purchase $10 billion worth of BTC. Turns out that the news was fake. The Russian economist from the Presidential Academy of National Economy and Public Administration Vladislav Ginko pointed out that he strongly believes that Russia might use Bitcoin to fight economic sanctions and this story swamped the media and got massively exaggerated. Russia is, however, preparing a crypto bill that will provide stable cryptocurrency regulation in the next two months. The Duma State will be drafting a regulatory framework in February to regulate ICOs and crypto crowdfunding.
Nearly 1.5 Million People Used dApps In 2018, More Than A Half Being On Ethereum
"TRON is the most ambitious in the dapp field, with a $2 billion Project Genesis launched in the second half of the year. In addition, it spends $100 million on TronArcade to promote its dapp ecosystem."TRON (TRX) launched 97 decentralized applications in 2018, while its ecosystem and community have been growing at an alarming rate. This week, TRX was added to OKCoin, which is one of the largest US exchanges, in order to be traded against fiat, Bitcoin and Ethereum. The report also showed that gambling accounted for $3 billion in transactions over the course of 2018 in dApps.
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