“Binance Announces New Browser That Earns BNB”
Photo by Tandem X Visuals on Unsplash
A chromium-based web browser that lets you earn BNB by simply using the internet like you always have. You get all the same extensions & functionality that you know & love from Google Chrome, but now you’re also earning BNB.
Binance introduced BNB as a native token, and they incentivize its use by offering reduced fees when you pay using BNB. Using the Binance browser would be a no-brainer, right?
I’ve got bad news: the Binance browser doesn’t exist. (Yet.)
However, what if I told you “the next big exchange” was just getting started, and its token will offer the same incentives as Binance offers for BNB on its platform — and you can buy this token today for, say, $0.50?
And what if I told you this new exchange already has a browser that you can use to earn its magical native token?
That’s exactly what the folks at Brave are attempting to do with their 2.0 roadmap.
The Brave 2.0 Roadmap
In the roadmap announced on February 22, 2021, Brave lists the Brave DEX Aggregator — “DeFi for everyone” — as a key objective.
Brave will bring DeFi to everyone through a new decentralized exchange aggregator to enable token swaps with distinct advantages and added value for Brave/BAT users, including:
• Discounts when utilizing BAT for paying transaction fees.
• Discounts for users that hold BAT balances in their wallet.
• Multi-chain support with many assets and blockchains.
Replace BAT with BNB, and it starts to sound an awful lot like Binance’s value proposition, doesn’t it?
Except, Binance doesn’t have a browser. And they don’t have a mechanism to deliver their token to millions of daily users for free. And they don’t have a way to use their token to tip websites and content providers in popular corners of the internet like Twitter and Reddit.
All Binance has is an established centralized exchange and limited-time advantage in the dApps ecosystem with Binance Smart Chain (BCS).
What If
It’s certainly a tall order but consider the possibilities. Think if you could go back in time and buy BNB for $0.50. I’m not suggesting that BAT is en route to USD 300, and I’m not suggesting a 10–100x spike in the next 6 months, but think about what they’re doing.
They already have a browser. They already have an established token.
As cryptocurrency and web3.0 starts to take off, the community needs to address things like Average Joe’s ability to connect a wallet to a website. The user will need to understand how to buy & trade tokens and interact with this new world.
Brave’s creating a new wallet and DEX that, coupled with incentives for using tokens earned for free just from using their Chrome-based browser, will surely become the default experience for the sea of lay users.
It’s a bold prediction, but Brave’s 2.0 roadmap is a step toward becoming the default gateway to cryptocurrency and the next generation of the internet. It’s an ambitious goal, to be sure, but it’s hard not to ask: what if they pull it off?
I’m looking for feedback! What do you think of the Brave 2.0 roadmap and my claim of their potential? Are we staring at a 100x opportunity, or will BAT continue to underwhelm? Let me know what you think by leaving a comment below!
This article was originally published on read.cash on March 2, 2021.