The Idea And How It Works
Brave is allocating 100,000 BAT grants to carry-on the launch, rewarding every of its desktop users who cannot receive Brave Ads, which it claims Reddit, Vimeo and GitHub are next on the list. Brave also currently supports tips for YouTube and Twitch.
This reward system will basically be for twitter users on the brave desktop browser, whereby a post viewer can reward the creator. Howerver to use this feature, a user will have to enable brave reward, to see the 'tip' button on each tweet. Clicking on tip button will allow the viewer to send BAT directly to the author in any amount of its choice.
Users can also send recurring tips to that creator, by selecting the option to make the initial tip a monthly occurrence. Tips are sent immediately to content creators who are already verified in the Brave’s Creator program, which becomes visible within minutes in their Brave Rewards account. Payment will be made on monthly basis.
The blog post also noted that if the creator of a tweet is not yet verified on the Brave’s Creator program, the tip will be held locally in the browser until such user gets verified, within 90 days.
The Brave Browser in Brief
Brave is created by Brendan Eich, the co-founder of both Mozilla and Firefox, Brave began as a dedicated ad-blocking browser. In May 2017, the company conducted an initial coin offering of 1 billion BAT with a further 500 million BAT held by the firm, according to Messari Crypto.
The firm’s intention was to create a more equitable profit distribution model between users, content creators and advertisers. With the addition, Brave steps further into the realm of micro-tipping, a service envisioned in its white paper.
Tipping Growth Continues.
Micro-tipping continues to grow within crypto communities, particularly with Bitcoin’s Lightning Network. Independent project and plugin Tippin.me launched a similar bitcoin-based service last winter, receiving praise from Twitter CEO Jack Dorsey. In April, the Internet Archive self-reported $2,500 in donations from BAT tips.