$60M Nebeulas to Lay Off 60% Staff

50 people how to look for a new job due to optimizations in another blockchain startup
23 January 2019   642

The Nebulas blockchain startup team has been reduced from 80 people to 30. The roadmap of the project has also been revised. It is reported by CoinDesk.

Since last summer, a number of cuts have occurred in the project. Also, the startup had to abandon some minor projects listed in the roadmap. According to Nebulas management, side projects will be frozen at least until the NAS token rate is restored.

One of the reasons was the market price kept going down. Another reason we decided to cut off the unimportant projects like third-party wallets [was that they are] not core to the main tech visions mentioned in the [Nebulas] white paper. So the dev team of that project was first impacted.
 

Becky Lu

Spokesperson, Nebulas

It is noteworthy that the decision became known only seven months after the project raised $ 60 million through a tokensale. Lou did not clarify whether the decision was due to possible financial difficulties.

Nevertheless, the project is gradually developing. So, at the end of last year, the company launched a testnet NOVA, designed to measure the quality of blockchain data.

Brave Browser Start Paying BAT For Ads Viewing

Brave browser ICO was launched in 2017 by the creator of the JavaScript programming language and ex-Mozilla CEO Brendan Eich; it raised $35M in 30 seconds
25 April 2019   84

Users of the new Brave browser desktop version will finally be able to participate in the Brave Ads program.

Brave is developed by the creator of the JavaScript programming language and ex-Mozilla CEO Brendan Eich and is positioned as something more than a “ad-blocking browser”. The implementation of this idea is based on Brave Ads.

Users who decide to take part in the program will be able to receive up to 70% of the profits generated by the advertisements shown to them, TechCrunch reports with reference to the company's statement. Awards will be paid in the form of own tokens of the Basic Attention Tokens project (BAT), which users, in turn, will be able to share with the creators of the content they like on the network.

By default, donations to BAT will be transferred to owners of sites that a user visits most often, however, developers plan to realize the possibility of exchanging tokens for awards, such as vouchers for restaurant visits or hotel accommodations. Also, earned advertising tokens can be exchanged for other cryptocurrencies and Fiat through exchanges. If desired, users can continue to use Brave without receiving a BAT.

A lot of users don’t want to cash out [when they receive BAT]. It’s not a huge amount of value for most people, so they may prefer to just use it to give back. And that’s the real idea: A browser with the user steering it is replacing the ad tech complex.
 

Brendan Eich

Founder, Brave

BAT can only be used to reward publishers. Soon with their help, users will be able to buy additional content and, possibly, some products. The ability to withdraw tokens will be realized after the introduction of the user identification system.