Brave Software Joins Kenya NFT Summit as Official Sponsor

Brave Software has been announced as an official sponsor of the Kenya NFT Summit. The second edition of the  Kenya NFT + AI Summit will take place at the Alliance Francaise in Nairobi, Kenya. The art event will highlight the latest advances in technology while hosting a panel of speakers from the United Nations, Alliance Francaise, HUG, and more. The panel will share their perspectives on the future impact of emerging technologies in East Africa.

The goal of this exhibit is to share the power and potential of art and technology as a creative medium and tool for Africans. Currently, 75 artworks have been submitted. A total of 18 artworks, created by artists of African heritage and focused on “The Future of Africa,” will be chosen for exhibition at this event.

Brave comes in as a Bronze sponsor for the event. The support from the San Francisco-based company is probably in recognition of the fact that Kenya leads in Web 3 adoption across the East African region.

Brave NFT History

Brave is a free and open-source and privacy/focused web browser. By default, it automatically obstructs the majority of advertisements and website trackers. Users also have the option to activate voluntary ads that compensate them with Basic Attention Tokens (BAT) for their engagement. These tokens can serve as a cryptocurrency or be utilized for payments to endorsed websites and content creators.

Since February 2021, the Brave web browser has actively embraced the world of Non-Fungible Tokens (NFTs). Users have had the opportunity to buy NFTs from the browser’s Swag Store. The store is operated with the help of Origin Protocol. This collaboration between Brave and Origin has added a cryptocurrency payment feature to the Swag Store, facilitating NFT purchases. Furthermore, Brave’s newly developed Ethereum-native wallet is set to provide support for DeFi and NFT applications.

In Brave desktop version 1.51, a new feature was ntroduced in May. The feature is automatic NFT pinning. This feature involves safeguarding the metadata of supported NFTs by storing it on the InterPlanetary File System (IPFS). “When we say “pinning,” we mean instructing IPFS to retain a file in a designated location permanently, ensuring constant accessibility.” wrote the company on its website. By pinning a file in multiple locations, users effectively diversify the protection against data loss. This enhances its resilience over the long term.