@OurFreeSociety I closed the topic to prevent off-topic replies, but I’ll continue posting updates there as we get them. So far, there hasn’t been anything significant since my last update in August, but we should hear more in the coming weeks. If you’d like, you can still follow the topic to get notifications when I update it.
To clarify the timeline: Brave started making progress around early 2024, with small batches of invites sent to early testers. I personally received an invite in March, but it wasn’t the first batch. The initial testers were mostly BAT Ambassadors and others actively helping Brave. On-chain payments have been available for Creators since January 2024.
Regarding the full rollout, we’re waiting for updates. Initially, Brave aimed for October, but due to Solana network congestion and issues with the RPC service, things were delayed. For example, https://www.coindesk.com/tech/2024/04/15/solana-rolls-out-update-to-tackle-network-congestion
Things still aren’t perfect either. If you look at Ads Payout Status Update right now you’ll see Solana payouts are still pending this month, which shows how it’s not up to snuff for them to make it available to everyone yet. Brave is gradually adding more users, but the rollout is still invite-only.
On KYC/AML:
When you switch to on-chain payments, you’ll receive your BAT directly to your wallet (like Brave Wallet) without needing KYC/AML verification from Brave or a custodial partner like Uphold. This should help avoid the issues you’ve had with biometric verification.
However, if you eventually want to convert BAT to fiat (such as USD, EUR, etc.), you may still need to go through KYC/AML with a centralized exchange like Coinbase, Binance, or Uphold. It’s important to note that these requirements are typically mandated by governments and exchanges, not Brave.
Alternatively, you can explore decentralized finance (DeFi) options if you prefer to stay away from centralized exchanges altogether, but this might require a bit more research depending on how you want to use your BAT.
Payouts and Process:
You’ll still receive monthly payouts, just like before, but they’ll be sent directly to your chosen crypto wallet instead of an exchange. It’s up to you how to manage your BAT from there.
Let me know if that clears things up!