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by gcp 3307 days ago
What's the consequence, though?

Brave got $35M, unless Ethereum crashes very soon.

Some parties can now set the price for advertising within Brave to whatever they want. If Brave becomes popular, they become rich. If Brave fails, they lost their money.

2 comments

that asset isn't liquid. who are you going to sell it to? a few of the other 200 people? do they have $35M to spend?
If Brave becomes popular, advertising space in it is worth real money, and the tokens get value.

If.

To me, Brave's value is due to its ad blocker. If they start shoving native ads into the browser then I'll uninstall it.

The set of technical users out there who will do anything and everything to avoid and block ads is not a valuable advertising space in any way, shape, or form.

I thought the entire point of Brave was to have ads, but share the revenue.
The current tech already does that just fine, no need to have an ad network built into the browser that just overwrites existing ad networks on the page. At that point, it's no different than spyware/malware.
All roads lead to AllAdvantage :-)

https://en.wikipedia.org/wiki/AllAdvantage

Is Brave showing any signs of becoming popular? Even within the bitcoin community where it would be expected to be most popular I only occasionally see people say they use it some of the time.
Right...this sounds like a good thing. People with big money invested will presumably want to set their prices such that Brave will succeed and they will either get a return or at least not lose their shirt.

If, for example, tens of thousands of people only had tens of dollars invested, they may be less interested in making Brave a successful platform because they have little financial incentive and little to lose.