What if we could make money for our valuable time that is spent online?
Although this idea may initially seem outlandish, a closer look reveals that this is only fair. After all, we are contributing to the world wide web economy by paying with a very scarce resource: our Attention.
Under the surface, third party advertisement companies are monetizing our attention because their revenue model is dependent upon ads that we see:
Enter the Brave browser
Brave is a free and open-source web browser that feels a lot like Google Chrome, and ships with many additional features.
Brave Shields
One of these core features is Brave Shields, which protects privacy by blocking ads and trackers, controlling cookies, and preventing fingerprinting.
No more annoying pop-ups.
Brave Ecosystem
The Brave browser is in fact a portal into the Brave Ecosystem which does not have third parties by design.
Ad Control
By strictly allowing privacy-respecting ads curated only by those advertisers who have opted into the Brave Ecosystem, this browser empowers users like us with the control to view or ignore ads.
Brave Rewards
The Brave browser rewards you for your Attention in the form of a digital asset called Basic Attention Token (BAT).
The browser automatically monitors the attention you pay to various websites and content, and compensates you with the corresponding amount of BAT once per month.
Tipping
Whereas content creators in the legacy third-party model receive only a portion of ad revenue, on Brave you can directly tip those who add value to your life!
The Bigger Picture
Financial/Economic Security is an essential component in Maslow’s Hierarchy of Needs.
Income inequality and the wealth gap have been increasingly widening, surreptitiously displacing what was once known as the middle class. Everyone seems to be hurting.
Although earning Basic Attention Tokens will not alone remedy the situation, it can can spark a transformative foray into the world of Decentralized Finance (DeFi). The Acting Comptroller of the Currency (OCC) recently wrote how “self-driving banks” resembling self-driving cars will likely replace the financial institutions we currently rely on.
How can this be possible?
Distributed Ledger Technology (also known as Blockchain).
The Basic Attention Token is a digital asset powered by the Ethereum blockchain. Decentralized networks like these can flip the legacy model on its head by eliminating third parties that were cancerously extracting value at the expense of consumers like us. The Brave Ecosystem is but one example.
This tweet is alluding to misinformation campaigns that are seriously damaging the fabric of our society.
Learn More
Paradigm Psychiatry is committed to addressing these seemingly neglected needs that must be met for mental health and overall well-being, individually and collectively. Education and literacy are a core value.
If you would like to learn more about Decentralized Finance (DeFi) and how you can become your own bank to partake in the greatest wealth transfer in the history of humanity, feel free to sign up below.
Learn more about the Brave browser and how you can download it here. You will be taken through the process of creating a digital wallet where your BAT will be deposited.
The BAT you earn is held custody in the Uphold wallet. Bookmark how to withdraw funds to your bank account here.
*This content is for educational purposes only and should not be construed as financial advice. What you do with this information is entirely your responsibility.