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Brave Unveils Plans for DEX Aggregator and NFT Wallet in Browser

  • Posted On - 2021-02-24 07:09:57

Crypto-native web browser Brave has unveiled its plans for a new wallet boasting an integrated DEX aggregator and NFT functionality.

Crypto-powered web browser, Brave, has revealed its “Roadmap 2.0” — laying out plans for an integrated DEX aggregator and NFT support.

Brave’s brand new roadmap is highlighting the company's desire to integrate DeFi functionality in the wallet and explore scale-up solutions for the project.

Brave’s new Ethereum-native wallet is going to support “DeFi and NFT use-cases,” along with introducing mobile support and enhanced API functionality.

The sophisticated DEX aggregator will look to reward BAT token holders by offering them discounts and to users who pay for transaction fees in BAT or hold the token in their wallets.

Brave is targeting support for assets on multiple chains, by noting down it will consider both layer-one and layer-two scaling solutions to mitigate the high fees users are paying while using the Ethereum mainnet.

Brave is also hoping to expand the utilization of BAT throughout the decentralized web, that includes building support for the token in the context of e-commerce, VPNs, search engines, and data sharing.

The team said they will expand all efforts to engage with its community, including regular AMA sessions with its team members, launch of the “BAT Ambassadors program,” and translating content into different languages.

Since the launch in October 2017, Brave has attracted more than 8 million daily active users and 25 million users monthly, with its user base having approximately doubled in 2020. By the end of 2021, the browser is wishing to boast 50 million monthly and 17 million daily users.

Brave’s native BAT token is also transacted by 3.8 million users monthly, while over 13 million Brave rewards wallets have been created. 

The roadmap of Brave claims that BAT is among “the most widely utilized tokens” in crypto, noting that more than 1 million verified publishers accept BAT.

Its advertising platform has also surged to serve roughly 2,500 unique campaigns for more than 400 advertisers located across nearly 200 countries.