Gray Matter


Blockchain and Cryptocurrency - Niche Market #5

RT Cunningham | December 19, 2020 (UTC) | Blogging

blockchain cryptocurrencyBlockchains are records called “blocks”, and they’re linked to each other using cryptography. A cryptocurrency is controlled through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

The Blockchain and Cryptocurrency Niche Market

This major category includes the following subcategories. I have very little exposure to the technology and the currency except through what I’ve read about it and my experience with the Brave rewards program.

The Brave Rewards Program

The people who created the Brave web browser put an adblocker front and center, and it’s on by default. The Brave Rewards program was created to let web browser users pay content creators with one type of cryptocurrency, called BAT (Basic Attention Token). BAT isn’t on the list above.

In the beginning, they had a referral program. I made very little from it and the program was terminated recently. Months after the startup, they started their own advertising program. I receive BAT payments every time I click on ads, which are only tied to the web browser itself. I’ve made money from it but again, not very much.

When my BAT payments convert into more than $10.00, I’ll take the time to covert them and then have a single dollar payment deposited into my bank account.

Cryptocurrency Prices

I’m not promoting the service, but Gemini lists prices for a bunch of cryptocurrencies, including BAT. The Bitcoin and related cryptocurrencies are worth the most and probably because they’ve been around the longest.

And there you have, everything I know about blockchain and cryptocurrency. I have no intention of learning any more about it unless it directly affects me. like the Brave Rewards program.

Image Attribution: VIN JD from Pixabay

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