The most recent articles I read on it list a considerable number of advantages, but then conclude against using it, simply considering it an ad company that does not pay content creators.
I'm interested to know your opinions, and if you can point me to some useful resources, I would appreciate it.
Thanks
However, I don't understand their business model. This is what I understood so far, please correct me if I'm wrong:
- They created 1.5M BATs;
- Brave users can fund their wallet, or earn BATs by viewing ads;
- Brave users can also tip the websites they visit;
- Once a month, they will split the BATs I earned accordingly by each website I visited(is there proof this happens?);
- Brave users will eventually be able to withdraw their BATs;
I realize this is very simplified, please correct me if I'm wrong.
How does Brave make money? I've read reports about Brave inserting refferal links in their homepage, but can't confirm this.
This is where the money making happens, and where actual money enters the BAT economy. Those BATs you get for watching ads have to come from somewhere; advertisers effectively pay for the BATs they give you with real money (I'm not positive whether the advertisers literally buy BAT to give you, or if they just pay Brave and Brave conjures them out of the air). My guess is that they'll make money on service fees on money entering or leaving BAT. Maybe a % service charge on advertisers buying BAT, or the same thing but on websites cashing out.
I imagine they'll diversify and might make some income from referral links or other miscellaneous revenue streams, but I would expect the vast bulk of their revenue to relate directly to advertising and BAT.
"- Once a month, they will split the BATs I earned accordingly by each website I visited(is there proof this happens?);"
Right now if a website is not Brave verified, that donation intent just sits in local storage and re-attempts itself for some period of time.
Brave makes money by being the ad regulator and distributor. If a publisher spends X on ad spend, users get 0.7x distributed back and Brave keeps the delta.
Advertisers can pay in BAT or just send Brave fiat and they'll purchase BAT on the open market as shown here: https://brave.com/transparency/.
(Not affiliated with Brave/BAT, just a satisfied Brave user)
What about withdrawing rewards? Is Uphold still the only option? And is it safe?
[1] https://en.wikipedia.org/wiki/Brendan_Eich#Appointment_to_CE...
Or maybe you're using curl and a trusty terminal.