Brave Browser introduces BAT reward payouts via the Solana blockchain

Brave Browser revealed its initial rollout on self-custody BAT reward payouts. Notable, the network has selected the Solana (SOL) blockchain due to its low fees and high speed.

📢 @Brave announces initial rollout of self-custody Brave Rewards $BAT payouts on #Solana@Solana is chosen as ideal network for launch of on-chain Brave Rewards with high transaction speed and low fees ✔️

Read more 🔍https://t.co/ZCnfokT4Wo#SOLBigFinance #SOLBigNews #SOL pic.twitter.com/h8V5M5RrhX

— SOLBigNews (@Solbigfinance) February 23, 2024

Basic Attention Token rewards on Solana will start with a few cohorts of early Brave users before the global rollout. According to the official statement,

“An initial group of invitees – and soon Brave users around the world – will be able to receive BAT earned from Brave Rewards to a self-custody wallet address on the Solana blockchain.”

Brave selects Solana for reward distribution

The Brave reward model on Solana starts with the invite-only functionality, with eligible users receiving notifications in the BAT reward panel. Qualified participants will have the feature to connect their Solana wallets and receive tokens on-chain.

Users must verify that they own the SOL address before connecting it with Brave. Once synched, the Browser will deposit BAT rewards to the SOL wallet.

Solana remains among the top blockchains, attracting attention due to its transaction speed and friendly costs. Brave’s integration of Solana reflects the Browser’s dedication to offering users a lucrative network for BAT transactions.

For instance, one transfer on the SOL blockchain costs $0.002 on average, massively lower compared to Ethereum’s $1.00.

The new BAT reward distribution model will alleviate various challenges individuals encounter when interacting with web3 technologies. Users have control over the Solana wallet and utilize and earn the rewards with no limits.

The Brave-Solana alliance underscores a vital step towards introducing crypto into day-to-day web browsing.

Besides increasing crypto adoption, it welcomes a more decentralized experience for internet users.

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