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New User Raid on Brave Browser, which Earns Crypto Money As You Use It!

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New User Raid on Brave Browser, which Earns Crypto Money As You Use It!

 Brave Browser , a cryptocurrency saving web browser, announced that the number of active monthly users increased by 125% last year.

According to the announcement on June 1, Brave Browser’s monthly active users reached 15.4 million by the end of May. Daily active users increased by 165% last year and reached 5.3 million.

According to May data, only 12.32% of Brave Browser’s total users use the software’s cryptocurrency feature. Brendan Eich, co-founder and CEO of the firm, previously described the situation as follows:

“WHEN WE FIRST LAUNCHED BRAVE BROWSER FOR DESKTOP, IT MADE UP 40% OF DESKTOP BROWSER SHARING. AS WE ADDED MOBILE FEATURES, PEOPLE BEGAN TO USE THE DESKTOP LESS. HOWEVER, WE ARE TRYING TO MAKE IT MORE ATTRACTIVE TO USERS BY MAKING IT MORE USEFUL. ”

Brave’s crypto-backed ads are gaining popularity

Focused on providing more privacy and blocking intrusive ads, the open-source web browser Brave was created by Brendan Eich, Mozilla founder and JavaScript creator. The browser also offers an optional advertising system powered by Ethereum blockchain and the company’s proprietary Basic Attention Token (BAT).

According to Brave, Brave Browser has a 90-day clickthrough rate of advertising, 9%. The industry’s average is much higher than 2%. Some companies that use the service in particular see up to 15% click rate. Also, the browser has had more than a billion ad events to date, with an increase of 930% compared to 97 million reported in October 2019.

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