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Home›All›Embrace Web3 and ditch the surveillance economy

Embrace Web3 and ditch the surveillance economy

By admin1
September 28, 2022
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The web is changing.user Predict privacy. Cryptography, blockchain and decentralized apps mean you can skip big tech altogether. And they leave en masse. Add it all up and it’s the perfect storm for advertisers. Data pipelines are drying up, advertising costs are rising, and ROI is declining.

But smart advertisers aren’t scared. They are embracing this new Web3 world and connecting with new audiences. their Clause. They diversify their ad spend and embrace her web calling for user-first.

Current Status: web 2.0

But before we get into the promises of Web3, let’s think about Web 2.0. Web 2.0 is the Internet as you know it. They are Amazon, Facebook, Google, YouTube, etc. Basically any app or site where you can post, publish or log in. A handy app that sucks up your data and is controlled by Big Tech.

To be fair, Big Tech isn’t stealing. In today’s Internet, users “freely” give up their data (quoting “freely” because no one actually reads his 10-page legal jargon before clicking “yes” enclosed in quotation marks). These platforms are powered by billions of users with nearly unlimited data about everything: searches, clicks, likes, and more. To make money, tech companies collect your data and package it into targeted advertising spaces, making huge profits in the process.

Collecting and misusing data is fundamentally built into the core of how Web 2.0 operates. Apps need money, and monetizing your data gets you money. In Web 2.0 you are the product.

The changing landscape of digital advertising

But this model is changing. fast. More and more people care about data privacy and do something about it. They’re leaving platforms like Facebook to be smarter about using ad blockers and VPNs, and turning to newer models like Web3 (more on that later). Governments are also passing privacy and antitrust laws, like GDPR in Europe and his CCPA in California, to help people protect their data.

For advertisers, this is a problem. Users are demanding privacy, governments are regulating it, and tech giants are holding back. As people leave these technology platforms, ad inventory decreases, ad prices rise, and his ROI on ad spend plummets. But Big Tech still boasts billions of users.

What should I do?

The promise of Web3

don’t be afraid Web3 is a new model for the web, offering real opportunities for users When Advertiser.

Like the old days, Web3 still has sites and apps. But instead of being controlled by Big Tech, these sites and apps are everywhere. Web3’s infrastructure is globally distributed with no central authority. Decentralized and supported by new technologies such as blockchain and cryptocurrencies.

But the “why” of Web3 is even more important than the “how.” Web3 aims to put people before companies. It is user-first and democratized, giving people control over their data. Web3 still has advertising, but it’s based on trust and consent. Web3 allows users to make their own choices about tracking, cookies and how data is used.

And Web3 users are familiar with it. They use ad blockers and VPNs and don’t watch network TV. They are spearheading changes that will soon affect the entire advertising industry.

The future of privacy-focused advertising

Not all users (or most users) have switched to Web3 today. We live in a hybrid world, a “Web 2.5” world, but Web 2.0 still prevails.

But relying solely on tech giants for audience reach and ROI is becoming less realistic by the day. Brands that survive will focus on community building, direct engagement, research and zero-party data sources. They will find new advertising platforms (those that respect user privacy) to increase their ad spend. I guess.

Brave is such a platform. Brave is her privacy-focused web browser used by her over 60 million users worldwide. Among its many features, it offers an ethical advertising model for reaching Web3’s privacy-conscious audience. Brave Private Ads allows brands to reach tech-savvy audiences and users earn a cut of the advertising revenue. These ad units are discreet and do not rely on user data to run. And most importantly, it’s delivered with the Brave Privacy Browser. This results in a much higher CTR (6% average for all ad units, and even higher for some units).

As the move to Web3 gains momentum, brands must adapt to understand user privacy concerns and interact on their terms. Successful brands will try Web3 as a complement to Web 2.0 advertising. And they will be ahead of their time.

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