Location: Founders Fund
Founders Fund 1 Letterman Drive Building D 5th Floor San Francisco, CA 94129
Date & time: October 4th, 2018 — 7:00 PM
The new privacy-focused Brave browser has over 4 million monthly active users, and over 21,000 verified publishers (including 14,500 YouTube channels) on its payments platform. The company has signed major partnerships with Dow Jones Media Group, TownSquare Media, Qwant and DuckDuckGo.
Web browsing and digital advertising are broken, and everyone is paying the price. Users suffer invasive ads, tracking, malware. Publishers face huge losses in revenue. Advertisers experience massive fraud and poor targeting.
Brave is resetting the system with a new blockchain-based digital advertising platform integrated with an Ethereum ERC20 utility token, the Basic Attention Token, that can be exchanged between users, advertisers, and publishers. Users opt in and get paid when they see ads they want to, without having to sacrifice their privacy or data. Publishers earn more. And advertisers get better reporting and less fraud.