Brave browser bat12/31/2023 Once the sunset deadline for vBAT is reached, vBAT will no longer be considered valid, and will be removed from the Brave Rewards experience. With 1.48.x, existing users without a custodial account connected will receive a final vBAT payout for any February earnings in March. However, we want to ensure users have time to adjust to this change, so we will share more exact dates soon. When is vBAT going away?Īt the earliest, vBAT will go away sometime in April 2023. From there, our servers utilize the APIs of our licensed custodial partners to deposit 5 BAT into your custodial account. When you “verify” your Brave Rewards profile by connecting a custodial account, your device submits those 5 vBAT certificates to our servers. That “5 BAT” is actually vBAT, stored as cryptographically signed certificates on your device. These points can be contributed to creators or redeemed for BAT if and when you connect a custodial account.įor example, let’s say you are an unverified user and have “5 BAT” in your Brave Rewards balance after claiming your Brave Ads earnings. vBAT isn’t BAT on the blockchain instead, it’s a centralized point system backed by a Chaumian blind signature “ ecash” scheme. When you use Brave Rewards without a custodial account connected, the earnings you accrue are in something called “vBAT” (virtual BAT). What it looks like when you start to connect a custodial account Sunsetting virtual BATĪfter these changes to Brave Rewards in 1.48.x, we will also be sunsetting our centralized “virtual BAT” (“vBAT”) system, used primarily for unverified users. The new “creator support only” Rewards experience without a connected custodial account If you want to give more, connecting a custodial account will allow you to use BAT you’ve purchased elsewhere to support creators in the Brave Rewards ecosystem, and will also unlock the Tips feature. A share of the ad revenue will be earmarked for creators and distributed by Brave as part of the monthly payout to verified creators. If you’d just like to support creators as part of a more private Web, you can do so without ever connecting a custodial account by opting into Brave Rewards and using the new “creator support only” experience. Requiring a custodial account gives us a place to send you your BAT earnings, and allows us to eliminate our centralized “virtual BAT” system (see “Sunsetting virtual BAT” below for more). Brave currently works with three custodial account provider partners: Gemini, Uphold, and bitFlyer in Japan. To begin earning and accruing BAT for Brave Ads, you will need to connect a custodial account to your Brave Rewards profile with upcoming version 1.48. They will also allow us to focus our efforts on building a more decentralized future by eliminating our current centralized “virtual BAT” system. These changes to Brave Rewards will help us combat abuse so that we can better deliver on our promises to legitimate users and creators. Brave Rewards users have also contributed more than 36 million BAT to their favorite registered content creators, helping to support a better, more private Web. Our transparency page shows the BAT we purchase from the open market to distribute to Brave Rewards users for those ads where we are paid in fiat or other crypto currencies. Since the inception of Brave Rewards, more than 1,000 advertisers have run over 5,900 Brave Ads campaigns, and millions of Brave Rewards users have earned BAT for their attention to those ads. Developers and early adopters who use our Nightly and Beta versions, meant for testing and development, can currently get a preview of these changes. Today we are detailing changes to Brave Rewards that will land in Brave version 1.48.x, which is scheduled to be released early February 2023.
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