It appears to be a season of partnerships in the crypto industry as blockchain networks are stepping up to partner with brands and companies to drive growth and development. Solana recently announced that it would partner with Brave browser. The partnership is expected to yield mutual benefits for both the Solana and Brave communities.
What Has Been Said
Solana and Brave browser are entering into a partnership that will promote their mutual interests as they seek growth across all fronts. Brave browser is a privacy-focused browser that offers users rewards for viewing ads. Brave browser has an ad. blocking feature that users can activate to block out ads. But if they prefer, they can earn rewards for viewing ads that are controlled by Brave. The rewards are paid out as Basic Attention Token (BAT), the native Brave browser token. The Brave community has millions of users who are active on a monthly basis.
Solana’s partnership with Brave will see Solana provide a DApps platform for the integration of Brave’s BAT tokens. Solana will in turn receive tens of millions of new users on its blockchain. The partnership will be driven by Solana Labs and will make Solana the native blockchain network for the Brave browser.
Brave users can expect a higher level of decentralized privacy, and greater rewards for viewing ads on the browser. The value of BAT is also set to gain value as the network brings better conditions to its adoption; the news of the partnership has increased BAT’s value by nearly 10% on Tuesday. In the future Brave can also build and deploy protocols on the Solana blockchain. Both Solana and Brave are now working to migrate Brave’s system to the Solana blockchain. The project is expected to be completed by the first half of 2022.
Solana User Base Is Set to Explode
The partnership is going to benefit Solana’s network by adding a potential 42 million users to its blockchain. These users are currently Brave browser users and when full integration is achieved, they will be on the Solana blockchain. As Solana continues to drive partnerships and growth in the industry, the day when full crypto adoption will be one is not far off. The crypto community will hope that these integrations will help to bolster the adoption of cryptos for payment.
The demand for a decentralized web experience is growing. More creators and consumers are calling for a decentralized internet and web experience where the true power of the internet is not concentrated on a few, but distributed for everyone to take advantage of. The drive for web integration of our daily tools and activities to match modern demands will make it easier for cryptocurrencies to be adopted on a global scale.
Brave’s partnership with Solana will usher in a new era and impact the way brands reach their audience with ads. Privacy remains a priority with Brave, and we can expect to see new projects that drive that even further.
Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.
