Crypto-Powered Brave Browser Passes Over 15 Million Monthly Active Users
Crypto-Powered Brave Browser Passes Over 15 Million Monthly Active Users
June 5, 2020
Crypto-Powered Brave Browser Passes Over 15 Million Monthly Active Users
Crypto-Powered Brave Browser Passes Over 15 Million Monthly Active Users
June 5, 2020

Cryptocurrency-powered Brave Browser’s monthly active users reached 15 million by the end of May according to June 1 announcement. Its monthly active user count increased 125% over the past year.

Daily active users, on the other hand, reached 5.3 million after increasing by 165% over the past year.

Brave’s co-founder and CEO Brendan Eich said:

“When we first released [Brave Browser] on desktop, it was 40% of the desktop browser share and as we added mobile we found people were less willing to use it, but we are working to make it more attractive to use by making it more convenient, making it reward the user more.”

Brave Browser is an open-source web browser created by Mozilla founder and JavaScript creator Brendan Eich focussing on providing better privacy and blocking intrusive ads and trackers.

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The browser also provides an opt-in advertisement system powered by the Ethereum blockchain and the firm’s proprietary Basic Attention Token (BAT).

Brave Browser’s advertisement 90-day average click-through rate is 9%, much higher than the industry average of 2%.

There have also been over one billion ad confirmation events to date, a 930% increase compared to the 97 million reported in October 2019.


Source: Cointelegraph | Image: Unsplash

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Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.