|

TokenInsight: Brave browser’s monthly users have gone up by over 450% since 2018

  • BAT’s active users have grown from 1m per month in Jan 2018 to 5.5m in Jan 2019.
  • Ethereum founder Vitalik Buterin considers Brave to be one of Ethereum’s most valuable adoptions.

Brave browser’s monthly active users have surged by over 450% since 2018. As per the data provided by TokenInsight, an independent, third-party crypto data analytics organization, BAT’s active users have grown from 1 million per month in January 2018 to a total of 5.5 million active users in January 2019. Brave was created to go along with the Basic Attention Token (BAT). It is a privacy-focused browser that blocks cookies and trackers by default and never allows users data to leave their machine. 

In March 2019, Brave reached over 20 million downloads on the Google Play store. TokenInsight also rewarded BAT with a triple B rating. The BBB rating signifies that the project has an excellent technical background and the risk is controllable. This puts BAT ahead of 95% of the cryptocurrencies as rated by TokenInsight. 

Brave and BAT have both received positive reviews from various prominent figures. Ethereum founder Vitalik Buterin recently stated that because of the vast number of active users they have already acquired, Brave browser is actively contributing to the growth of the Ethereum ecosystem. He went on to call Brave one of Ethereum’s most valuable adoptions.

Wikipedia co-founder Larry Sanger has switched from Chrome to Brave. He said:

“I’ve switched to Eich’s [Brandon Eich, Brave and BAT founder] newer browser, Brave. I’ve had a much better experience using it lately than I had when I first tried it a year or two ago and when it was still on the bleeding edge. Brave automatically blocks ads, trackers, third-party cookies, encrypts your connections—and, unlike Google, they don’t have a profile about you. It’s quite good and a pleasure to use. There might be a few rare issues (maybe connected with JavaScript), but when I suspect there’s a problem with the browser, I try whatever I’m trying to do in Firefox, which is now my fallback. There’s absolutely no need to use Chrome for anything but testing, and that’s only if you’re in Web development. By the way, the Brave iOS app is really nice, too.”
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.