I just received an email from The Brave Reward Team informing creators and publishers about their new referral reward system.
It is now comprised of 5 Tiers and Philippines are not mentioned in tier 1 to 4 so the Philippines will be at tier 5 along with the countries that were not mentioned.
I guess there are not much advertising markets in the Philippines. The Philippines might have huge numbers of users due to that $5 referral reward but maybe there are no businesses that want to be partnered with them.
However, $1 still not bad for referring others to use the Brave browser.
Below is exactly what is emailed to me.
Hi Pinoy Crypto,
Thank you for using the Brave referral system. We have a pretty important change coming up and we wanted to give you advance notice.
The per user payout rate will be changing from $5 globally to variable rates depending upon the region of the user
Why are we doing this?
When we launched the referral program, the goal was to discover which areas would we see the most growth and to test the viability of the referral program as a whole. Our level of zoom was pretty wide (Planet Earth) and the rate was $5 per user, globally.
Since then, we have launched our Ads program and we want to shift our level of zoom to more regional efforts, with a specific focus on the areas where we can deliver ads. This is a straightforward business decision.
When will this occur?
We wanted to give you as much advance notice as possible, especially for those of you who are promoting Brave via ads.
Here is the planned timeline
– Initial message (this email) explaining the rate change and timeline
– Announcement posts and reminder email regarding the new rates.
– Rates change
– Last payout of $5 referral
– The referral dashboard will be updated to reflect the new rates.
– First rate card based payout
Here are the rate changes which will be effective on December 1st payout, 2019
Each country is assigned to a tier, each tier has a flat rate.
Tier 1 – $7.50 (BAT equivalent)
Tier 2 – $6.50 (BAT equivalent)
Tier 3 – $5.00 (BAT equivalent)
Tier 4 – $2.00 (BAT equivalent)
Tier 5 – $1.00 (BAT equivalent)
Tier 1 Countries
Tier 2 Countries
Australia, Canada, France, Germany, Ireland, Japan, New Zealand, United Kingdom
Tier 3 Countries
Austria, Belgium, Denmark, Finland, Hong Kong, Israel, Italy, Luxembourg, Malta, Netherlands, Norway, Portugal, Republic of Korea, Singapore, Spain, Sweden, Switzerland, Taiwan,
Tier 4 Countries
Albania, Argentina, Armenia, Azerbaijan, Belarus, Belize, Bolivia, Bosnia and Herzegovina, Brazil, Bulgaria, Chile, Columbia, Costa Rica, Croatia, Czechia, Ecuador, El Salvador, Estonia, Georgia, Guatemala, Honduras, Hungary, Latvia, Lithuania, Macedonia, Mexico, Montenegro, Nicaragua, Panama, Paraguay, Peru, Poland, Republic of Moldova, Romania, Russia, Saudi Arabia, Serbia, Slovakia, Turkey, Ukraine, Uruguay
Tier 5 Countries
If a country has not been listed in any of the other tiers, it will be in Tier 5.
We will be communicating about the change as much as possible over the coming months. If you have questions, please do not hesitate to reach out.
This is not financial advice or investment advice. Everything we cover here is my experiences, opinions and what I would do. Please do your own research.