In July, Zebedee raised a $35 million Series B funding round that included participation by Square Enix, the well-known video game publisher behind smash hit series like "Final Fantasy" and "Kingdom Hearts." Square Enix has made a number of other moves in the NFT and Web3 space recently as it shifts its focus towards new technologies in gaming.
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The firm recently partnered with game developer Viker to expand the BTC-earning model into familiar games like Solitaire and Sudoku, plus a Wordle-like game called "Missing Letters," all of which reward players with free satoshis. Zebedee has previously focused its technology on games, and last year launched modified servers for the hit first-person shooter game "Counter-Strike: Global Offensive" (CS:GO) that let players wager and win small amounts of Bitcoin measured in satoshis, or “sats.” Each Bitcoin (BTC) is made up of 100 million satoshis. "Today, people surfing the web are right to have high standards for receiving value in exchange for their attention, and to claim that value in the form of real money, delivered to them instantly," said Slice COO and co-founder Darina Oumanski in a release.īrave users will be able to earn both Bitcoin rewards (via Slices) and Brave’s own Basic Attention Token (BAT) at the same time, a Zebedee representative confirmed to Decrypt, enabling a double dip of crypto rewards in exchange for seeing more ads while browsing. Viewing those ads earns users points called Slices, which can then be swapped for Bitcoin via a Zebedee account. As users browse the web, they’ll see additional advertisements inserted into pages. This new integration expands Brave Wallet’s Solana support, which already includes the ability to receive, store, purchase, and send tokens.The newly-enhanced extension is based on technology from Bitcoin payments startup Zebedee, and utilizes Bitcoin’s Lightning Network for micropayments. How Thats the Pice de rsistance This browser has its own cryptocurrency, the Basic Attention Token (BAT) and you can earn it just by using the. The aim is more than just to hold and transact with crypto, but is to create a user-friendly environment for an easy-to-use Web3 on any device. The latest integration of Solana into Brave’s wallet will make Web3 and DeFi more accessible through low fees, fast transaction speeds, and an increasing ecosystem of decentralized applications (DApps). The Integration Will Make Web3 And DeFi More Accessible It has already lost 2% of its value within the past 24 hours.
On the other hand, Brave’s Basic Attention Token, which underpins the browser’s ecosystem, is sitting at number 67 when it comes to crypto assets with high highest market capitalization. It is already growing in popularity and is a more affordable option for several users. Solana has been touted as having the capability to take a chunk of Ethereum’s market share and become an investment giant like Visa. The browser cashed out its first ad revenue in 2019.Įich, while commenting on the development, stated that the Solana integration means that Brave’s browser will benefit from much lower fees. It gives users rewards for watching sponsored ads. Following the recent crypto bull run, BAT prices have increased slightly, and currently sit at around 0.50. The main source of revenue for the browser is through adverts. In a 2019 Reddit thread, users reported earning between 20-30 BAT a month with BAT’s price around 0.30, users claimed average earnings of around 6-7 BAT per month. The browser had only existed for five years before surpassing the 50 million active user milestone.
The web browser was founded by Chief Executive Officer of Mozilla, Brendan Eich. By January this year, Brave had already crossed more than 50 million active users. The collaboration with Solana was initially announced by Brave in November last year. Solana Capable Of Competing With Ethereum
Brave says it will enable support for the mobile version of the app in the future. However, only the browser’s desktop version offers support for dApps integration. Cryptocurrency music app Audius and Solana marketplace Magic Eden are among the most popular dApps in the Solana ecosystem. This will provide more opportunities for more accessible ways for Web3 and decentralized finance. Join Our Telegram channel to stay up to date on breaking news coverageĬrypto-focused internet browser Brave has announced the addition of Solana-based decentralized applications (dApps) in its version 1.41 platform.
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