Kyc not worth the rewards we earn

There are several portals to web3,,,,
These are ui’s for the ecosystem. is an up and comer on the scene, they replace twatter, in many ways. is their front end, I like for daily use.
Leofinance started out on the base layer, but are now expanding into their own ui.

I operate this element room:
If you have trouble getting an account, or would like a more private conversation, I can help.

Be sure to back up your keys, web3 is unforgiving on lost keys.
There is a pretty steep learning curve to the hive, but you will find many, many helpful people in the ecosystem.


There is no help in a system dominated by billionaires.
IF you still think there is justice to be found in the just us system, get a speeding ticket, refuse to pay it, and find out what life on the outlaw trail is about.
You will learn more in the couple days it takes to sit out a ticket than any 10 years on the outside.

I don’t doubt that a lawyer would take a case overtly supported by the facts, but c’mon, the gov’t is not your friend.
It is not here to help you.

Compliance is how billionaires function, they didn’t get billions by breaking any rules they didn’t have impunity to break.
The only people that will take your side have no money, and as a result, no power in the pay to play scheme you still call a justice system.

Good luck with that.


Somehow, I honestly doubt that. If he exists and is a lawyer, he would have asked to see the Terms and Conditions for using the service. Then once he saw that, he’d tell you that you’ve got nothing.

Again, if he exists and is a lawyer, he’d use more accurate and better legal terms. The idea you’re quoting “robbed” shows you’re really off track.

Nothing “stolen.” All Users have vBAT and can use it as agreed in the Terms. And just as the risks agreed to in Terms, there are changes in how things will work. So there’s been notice given and you have time to “use it or lose it.”

Negative. You can try to make a case but there’s no case there. It would be thrown out by any government.

It’s not Brave Inc. You don’t even have the proper business name.

Can’t message people here. Just saying…

Now, let’s review some core parts of the Terms you agreed to.


11. Acknowledgment of Risks Related to Platform and BAT

As noted above, the integration of the Platform with the Brave browser is an integral part of the Services. You acknowledge and agree that there are risks associated with accessing and using the Platform and holding BAT, as disclosed and explained in Exhibit C of the BAT Terms of Sale, available at If you have any questions regarding these risks, please contact us at By using the Services and the Platform and holding BAT, you expressly acknowledge and assume these risks.

Exhibit C

Exhibit C Certain Risks Relating to Purchase, Sale and Use of BAT

** Important Note:** As noted elsewhere in these Terms, the BAT are not being structured or sold as securities or any other form of investment product. Accordingly, none of the information presented in this Exhibit C is intended to form the basis for any investment decision, and no specific recommendations are intended. Company expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this Exhibit C, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting from such information.

By purchasing, holding and using BAT, you expressly acknowledge and assume the following risks:

1. Risk of Losing Access to BAT Due to Loss of Private Key(s), Custodial Error or Purchaser Error

A private key, or a combination of private keys, is necessary to control and dispose of BAT stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing BAT will result in loss of such BAT. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a digital wallet or vault service you use, may be able to misappropriate your BAT. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store BAT, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your BAT. Additionally, your failure to follow precisely the procedures set forth in Section 4 of Exhibit B for buying and receiving BAT, including, for instance, if you provide the wrong address for receiving BAT, may result in the loss of your BAT.

2. Risks Associated with the Ethereum Protocol

Because BAT and the Platform are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Platform or BAT. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to BAT and the Platform, including the utility of BAT for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

3. Risk of Mining Attacks

As with other decentralized cryptographic tokens based on the Ethereum protocol, BAT are susceptible to attacks by miners in the course of validating BAT transactions on the Ethereum blockchain, including, but not limited, to double-spend attacks, majority mining power attacks, and selfish-mining attacks. Any successful attacks present a risk to the Platform and BAT, including, but not limited to, accurate execution and recording of transactions involving BAT.

4. Risk of Hacking and Security Weaknesses

Hackers or other malicious groups or organizations may attempt to interfere with the Platform or BAT in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Furthermore, because the Platform is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the Platform, which could negatively affect the Platform and BAT, including BAT’s utility for obtaining Services.

5. Risks Associated with Markets for BAT

BAT are intended to be used solely on the Platform, and Company will not support or otherwise facilitate any secondary trading or external valuation of BAT. This restricts the contemplated avenues for using BAT to obtain Services or access the Platform, and could therefore create illiquidity risk with respect to BAT you hold. Even if secondary trading of BAT is facilitated by third party exchanges, such exchanges may be relatively new and subject to little or no regulatory oversight, making them more susceptible to market-related risks. Furthermore, to the extent that third-parties do ascribe an external exchange value to BAT (e.g., as denominated in a digital or fiat currency), such value may be extremely volatile and diminish to zero.

6. Risk of Uninsured Losses

Unlike bank accounts or accounts at some other financial institutions, BAT are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer, such as the Federal Deposit Insurance Corporation, or private insurance arranged by us, to offer recourse to you.

7. Risks Associated with Uncertain Regulations and Enforcement Actions

The regulatory status of BAT and distributed ledger technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply existing regulation with respect to such technology and its applications. It is likewise difficult to predict how or whether legislatures or regulatory agencies may implement changes to law and regulation affecting distributed ledger technology and its applications, including the Platform and BAT. Regulatory actions could negatively impact the Platform and BAT in various ways, including, for purposes of illustration only, through a determination that BAT are a regulated financial instrument that require registration or licensing. Company may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction.

8. Risks Arising from Taxation

The tax characterization of BAT is uncertain. You must seek your own tax advice in connection with purchasing BAT, which may result in adverse tax consequences to you, including withholding taxes, income taxes and tax reporting requirements.

9. Risk of Alternative Platforms

It is possible that alternative platforms could be established that utilize the same open source code and protocol underlying the Platform and attempt to facilitate services that are materially similar to the Services. The Platform may compete with these alternative platforms, which could negatively impact the Platform and BAT, including BAT’s utility for obtaining Services.

10. Risk of Insufficient Interest in the Platform or Distributed Applications

It is possible that the Platform will not be used by a large number of individuals, companies and other entities or that there will be limited public interest in the creation and development of distributed platforms (such as the Platform) more generally. Such a lack of use or interest could negatively impact the development of the Platform and the potential utility of BAT, including its utility for obtaining Services.

11. Risks Associated with the Development and Maintenance of the Platform

The Platform is still under development and may undergo significant changes over time. Although we intend for BAT and the Platform to follow the specifications set forth in Exhibit A, and will take commercially reasonable steps toward those ends, we may have to make changes to the specifications of BAT or the Platform for any number of legitimate reasons. This could create the risk that BAT or the Platform, as further developed and maintained, may not meet your expectations at the time of purchasing BAT. Furthermore, despite our good faith efforts to develop and maintain the Platform, it is still possible that the Platform will experience malfunctions or otherwise fail to be adequately developed or maintained, which may negatively impact the Platform and the potential utility of BAT, including its utility for obtaining Services.

12. Risk of an Unfavorable Fluctuation of Ether and Other Currency Value

The Company team intends to use the proceeds from selling BAT to fund the maintenance and development of the Platform, as described further in Section 6 of Exhibit B. The proceeds of the sale of BAT will be denominated in Ether, and may, at our discretion, be converted into other cryptographic and fiat currencies. If the value of Ether or other currencies fluctuates unfavorably during or after the Sale Period, the Company team may not be able to fund development, or may not be able to develop or maintain the Platform in the manner that it intended.

13. Risk of Dissolution of the Company

It is possible that, due to any number of reasons, including, but not limited to, an unfavorable fluctuation in the value of Ether (or other cryptographic and fiat currencies), decrease in BAT’s utility (including its utility for obtaining Services), the failure of commercial relationships, or intellectual property ownership challenges, the Platform may no longer be viable to operate and the Company may dissolve.

14. Risks Arising from Lack of Governance Rights

Because BAT confer no governance rights of any kind with respect to the Platform or Company, all decisions involving the Platform or Company will be made by Company at its sole discretion, including, but not limited to, decisions to discontinue the Platform, to sell more BAT for use in the Platform, or to sell or liquidate the Company. These decisions could adversely affect the Platform and the utility of BAT that you hold, including BAT’s utility for obtaining Services.

15. Risks Associated with Advertising-Supported Business Models

The Company’s growth and adoption of the Platform may depend on our ability to maintain and expand our existing relationships with advertisers and publishers and our ability to develop new relationships with other advertisers and publishers within the Platform. As the advertising market generates and develops new concepts and technology, we may incur additional costs to implement a more effective Platform and may have to adjust to new tracking and unforeseeable technologies that could diminish the effectiveness of our BAM and other attention-measuring metrics. Continuing to develop and improve the Platform to keep up with these changes may require significant time and additional investment. If we cannot continue to develop and improve the Platform to maintain competitiveness in light of such changes, the Platform may not remain viable, which could negatively impact the utility of BAT, including BAT’s utility for obtaining Services.

16. Risks Associated with New and Evolving Laws Impacting Advertising and Advertising Technology

The advertising and advertising technology ecosystems, and by extension our own Platform, are subject to a variety of federal, state and international laws and regulations, including those with respect to consumer privacy, data protection, consumer protection, content regulation, network neutrality, cyber security, data protection, intellectual property (including copyright, patent, trademark and trade secret laws), defamation, child protection, and others. These laws and regulations, and the interpretation or application of these laws and regulations, could change. In addition, new laws or regulations affecting the Company could be enacted. As the Platform evolves, Company may be subject to new laws and the application of existing laws to us might change. These laws and regulations are frequently costly to comply with and may divert a significant portion of Company’s attention and resources. If we fail to comply with these applicable laws or regulations, we could receive negative publicity and be subject to significant liabilities which could adversely impact the Company, the Platform and BAT, including BAT’s utility for obtaining Services. Additionally, the advertisers and publishers within the Platform are subject to industry specific laws and regulations or licensing requirements. If any of these parties fails to comply with any of these licensing requirements or other applicable laws or regulations, or if such laws and regulations or licensing requirements become more stringent or are otherwise expanded, it could adversely impact the Platform and BAT, including BAT’s utility for obtaining Services.

17. Unanticipated Risks

Cryptographic tokens such as BAT are a new and untested technology. In addition to the risks included in this Exhibit C, there are other risks associated with your purchase, holding and use of BAT, including those that the Company cannot anticipate. Such risks may further materialize as unanticipated variations or combinations of the risks discussed in this Exhibit C.

12. Indemnification

To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless Company and our respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (the “Company Parties”) from and against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) that arise from or relate to:

  • (a) your access or use of the Services, including any contributions you make as part of the Services,
  • (b) your responsibilities or obligations under these Terms,
  • (c) your violation of these Terms, or
  • (d) your violation of any rights of any other person or entity.

Company reserves the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this Section 12. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and Company.

3. Development of Platform with BAT Functionality and Services

The Company now intends to introduce new components into the Platform in the form of BAT and an accompanying BAT wallet (together, “BAT Functionality”). BAT is based on the Ethereum protocol and conforms to the ERC20 standard. As a result of introducing BAT Functionality into the Platform, the Platform will integrate and consist of BAT Functionality, the Brave Browser, and the Brave Ledger System. BAT will be the utility token for conducting transactions and obtaining Services on the Platform. Currently, it is anticipated that the primary services (“Services”) to be facilitated through BAT and the Platform, as developed and made available by Company, will relate to targeted advertising, promotions and other attention-based commercial uses. However, BAT may also be used by publishers and advertisers for unlocking premium content. Additionally, users will have the ability to donate BAT to individual content providers and publishers, among other charitable purposes. Further details regarding the Platform are described in the Basic Attention Token Whitepaper (“Whitepaper”), which is available at: The information contained in the Whitepaper and Brave’s website are of descriptive nature only, and do not, unless explicitly incorporated herein, form part of the Terms. Although Company intends to develop the Platform in the manner generally described above, it reserves the right to modify features, functionalities or development plans in its sole and absolute discretion.

Really fun one for you out of all the Terms as well is the below:

To contribute to registered publishers (“Brave Verified Publishers” ) as a Brave Rewards User, you may add BAT to your User Wallet in your Brave browser. Once added to your User Wallet, BAT cannot be withdrawn. It can only be used for the purpose of making contributions as part of the Services.

Basically, @batt, there’s no legal. Brave has been going by all of that. We all knew the risks that regions could lose support, BAT can gain or lose value, Brave can change how they want to do things, etc.

As for people who think KYC isn’t worth it, then they don’t have to do it. That’s the good thing about Brave Ads and Brave Rewards. You don’t have to participate. For some, the “free money” is worth it and we remain connected. For others, wont be the case.

As to countries that lose support, that’s life. Things always come and go. It’s not like Brave is shutting down permanently anywhere.

I switched to brave about 6-8 months ago. I really liked the idea of Brave rewards, not as a way to make money for my self but rather supporting content creators that I appreciate. It was one of the features that peeked my interest in Brave over other browsers.

This change in brave rewards seems very heavy handed. KYC, tracking or Any form of identification is out of the question for something like this, its unjustifiable and a deal breaker. Most average users won’t go with that.

There is no reason to keep brave ads on if there are no rewards.

As for those saying to keep brave ads on to support the Brave devs. The only real way anyone can vote is with their wallet. Turning off Brave ads sends a message to the devs about their decision in my opinion.

Coming from another browser who’s trustworthiness has become questionable over the years. Now I’m questions Brave teams dedication to privacy, I’m also questioning my trust towards their team and their browser. I think I might have made a mistake choosing Brave as a replacement.


This aspect still will be there after sunsetting of vBAT. You can still participate in Rewards and have ads shown to you. Then all BAT goes to Creators. What is being taken away is the ability to control which Creator gets how much BAT, unless you connect to Uphold or Gemini.

Which is why it’s still not done. KYC is only required if you wish to get BAT for yourself. This isn’t because Brave wants it that way but is because governments require it. If you haven’t seen it, you may want to check out FAQ section I wrote about it over at PSA: Current FAQ - #27 by Saoiray

How so? Browser is still one of the best in terms of protecting your privacy. They also don’t track your information at all. The only thing you and others are griping about is that in order to receive BAT, you would have to set up an account with an exchange that has a contract with Brave. Again, because they legally are required to do so.

For anyone that doesn’t want to create that account, then they can either opt into Rewards so it can be auto-contributed to Creators or decide to opt out where no ads are seen at all. It’s User choice.

You’d be shocked how many do keep it on though. They’ve been tracking this on iOS version of Brave since Apple prohibited Rewards. It’s fine, not everyone will do it. I know I got annoyed with it on my iPhone and opted out. But there’s a lot more to that story than just the idea of me not being able to earn BAT on iOS.

Wahala for who wan read terms and conditions oo :joy:

I know, lol. Average person just clicks “I Agree” and doesn’t read. But when it comes time for legal, that bites you in the butt.

Btw, even though it’s far from perfect, there are websites that can help to summarize ToS for you. One such site is which when you look at Brave, you’ll see them list the below:

Photos 2_23_2023 22_37_52

Taking away the ability to chose who to support is also a deal breaker. There are too many content creators that are not worth the support.

Unproven and unknown third party’s like Uphold or Gemini should not be the default. I refuse deal with them. From what I read from others, Gemini is completely untrustworthy.

I don’t see any reason to defend this decision by Brave.

Simply because there are a lot of those who kept ads on up to this point dose not mean that it can’t change.


automatic donations are based on the sites you visit and time spent there. so if you want to ensure that bat goes to a certain creator just spend a lot of time on their content.

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So, there you have it.
The billionaires, and their soul selling flunkies, saw this coming and used legalese to protect themselves.
No bait and switch lawsuits need apply.

We will have to hope that enough folks turn off rewards to impact the bottom line.

I like that the excuse is ‘the gov’t made us do it’, that is laughable in an open source software environment.
The gov’t can only control that which is controlled by a central authority.
Only centralized services can be subpoenaed, truly decentralized software runs in the wild and cannot be controlled, ala,

No central party to throw in jail for valuing freedom over slavery.
No billionaires to enrich by giving them your data to sell for their profits.
Just free, open source software running in the wild.

Good luck, brave team, hopefully this landmine you’ve stepped on changes your attitude towards bending over for those that will kill you to stay in charge.

I know I’m not having it.
My rewards will stay on until I lose control over them, and then they go off.
I will give them to people that thumb their noses at being controlled by rich/violent people.


Crypto laws are strict. I reference a lot at PSA: Current FAQ - #27 by Saoiray We can argue that they should be doing something other than crypto, but crypto and Web3 is the core of everything Brave is about.

but crypto and Web3 is the core of everything Brave is about.

I can’t tell, you folded on the first test.
Apparently, with forethought.

The struggle for freedom is never easy, if it was, we would have it already.
Instead, folks bend over at the slightest threat of discomfort.
Good to know that includes the brave team.

Not that this is unique in the population, most folks are too scared to do what they know is the right thing to do.
They willingly pay 30%, or more, of their income to keep the bullies up off of them.

Better a comfortable slavery than a painful freedom.
I get it, I just can’t do it.
I don’t need money that bad.


What you have to ask yourself is do you want freedom?
Does having a boss equate to freedom?
Does being told what to do on pain of imprisonment look like freedom to you?

IF you don’t mind bending over for peanuts, embrace your slavery.
I can’t do that.
I won’t do that.
I thought I had an ally in brave.
I don’t think that now.
Now I think the corporate overlords have f’d this up, too.


This is seriously making me reconsider using Brave.

I’m not signing up and giving my information to some rando company I know nothing about.


has disappeared apparently


Have you even read through those terms in detail? There is not a single clause protecting Brave against what they are doing. Yes they define plenty of risks and the like but not one of them are the risk of them just taking your vBats back because you’re unable to cash them out as they provided no such way to do it.

I personally believe there is more than enough legal grounds for a case i this instance.


Yes, I did.

Yes, there is. I even quoted some above.

They aren’t “taking vBAT.” They are stopping support for vBAT. Everyone has been given notice and you have until the stated time to either use the vBAT or to connect to a custodial partner and have the vBAT converted to BAT. Anyone who does neither will lose it.

You can believe all you want. I know with absolute certainty that it’s not. If you have the time and money, perhaps you should try to sit down with a lawyer at some point if they’ll be willing to hear you out and look. They’ll tell you clear as day there’s nothing there.

They are not taking the vBAT but they also made it impossible to withdraw it. I have a verified Uphold wallet and cannot withdraw my vBATS so stop making as if every user can just link a wallet and withdraw, this is not the case and you guys know this. In reality most loyal users will lose the vBats they have accumulated, vBats Brave were paid for by the advertisers.

For over two years now Brave have been promising alternative wallet solutions and so far nothing have materialised.

In regards to the parts of the terms and conditions you quoted, I asked you whether you read them as not a single one deals with what is happening with the vBats at this stage. Clearly you have not but who cares, I’m done with Brave, I will honestly do my utmost to name ad same Brave at every opportunity I get.


What if I am on a site I don’t support?
I don’t get to not send them bat?
Is the plan to force people into echo chambers?

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