Blockchain News

A partnership to develop a new Crypto Wallet as BitFlyer Partners with Brave

Image by Free-Photos from Pixabay

In Japan, brave has found a major supporter just to stimulate growth 

The biggest crypto exchange BitFlyer, has declared a cooperation with Brave 

According to the announcement, BitFlyer and Brave will develop “a crypto asset wallet for Brave browser users”. 

BitFlyer and Brave will soon construct “a crypto asset wallet for Brave browser users”. 

No further details about the recent crypto wallet have been made ready. Japanese users of Brave browser are awarded with Basic Attention Token Points (BAP), due to restrictions that prohibit them from receiving the cryptocurrency BAT, or trading their points for money on exchanges.

The statement is likely to fuel the assumption that the modern crypto wallet could pave the way to facilitate Japanese users to earn BAT, instead of BAP, or somehow convert between the two.

A Brave spokesperson told Cointelegraph:

“At this point, we are using ‘points’ to reward users but there are some limits. [Through the partnership] we think it may be possible to go beyond that” 

BitFlyer clarified that additional details about the crypto wallet will be indicated at an event held on July 30th in Tokyo in which Brendan Eich the founder of Brave will participate. The event is mainly targeting advertisers. 

Brave’s growing vogue in Japan

Brave is becoming increasingly popular in Japan. Last month, Brave partnered with Korean pop idol group “BTS”   — AKA the Bangtan Boys — and Rush Gaming, a Japanese esports committee to expand browsers exclusively for doper in Japan. 

In the case of Rush Gaming, users of the limited edition browser can earn BAP by watching ads. The BAP can be used to support Rush Gaming’s esports team.

Formerly, several Japanese crypto trades involving BitFlyer declared trading of Brave’s native token BAT. 

BitFlyer said,

“Brave is the BAT connected browser and browsing is an everyday activity. It will be a new opportunity for users to use and earn cryptocurrency and we see it as a new model case to show the potential of cryptocurrency […] We want to make people feel more familiar with cryptocurrency through the partnership with Brave”

BitFlyer and Brave are also intending to undertake a joint marketing campaign in Japan “to expand the recognition of cryptocurrencies and blockchain technology among our customers and to improve customer convenience”.

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