CDS Press Release Carbon x Karınca Traders Partnership
Press ReleaseCrypto News

Carbon x Karınca Traders Partnership

Carbon x Karınca Traders announced their partnership.

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Carbon x Karınca Traders Partnership

Crypto NewsCarbon is the next-generation browser used only on Android phones. Carbon, one of the rare browsers built to meet the needs of the future, has its own tokens called CSIX.

Carbon x Karınca Traders Partnership

Carbon’s market capitalization is approximately 22 million. With a pre-sale price of $0.01, Carbon’s price appreciated days later to $0.38. There are approximately 6.8 million downloads and 50,000 active users. For now, only the Android version is available. They have a roadmap for their product. They will release the iOS and PC versions later this year. With Carbon, you will earn money while surfing the internet.

The browser field is a difficult one. Its closest competitor is the Brave browser, with a market value of $265 million. According to the statistics indicator, Google Chrome has 64% of the market share, Safari has 20%, and Opera, Explorer, and Firefox share the rest. Google Chrome monopolizes the browsing segment.

Firefox is one of the few companies based on providing more security and tracking user data; it is open source and does not store user data. Still, they are no match for the giant. Google is too powerful to fail, but sometimes innovation can kill competition. And this happens when new technology threatens to make existing technology obsolete. Carbon positions itself in this competitive environment by adding many new features.

VPN

They offer multiple products, such as a built-in VPN as well as a browser feature. You don’t need to buy a VPN to stop data trackers from accessing your data. In fact, Carbon uses a decentralized VPN where your data is not stored by a single entity. This is only possible if the structure is blockchain-based.

Wallet

When you use the browser, you will earn CSIX tokens that will be transferred directly to your browser wallet. They have a wallet where you can store your cryptocurrencies and make payments with apps that cooperate with Carbon, such as Amazon. Also, CSIX can be used in app utilities like Carbon Pro features, so you don’t have to share your credit card details. You can use your cryptocurrency without any problems. That’s why there are many extension apps that are developed here and integrated into the browser. So, browsers are becoming more interactive than before.

Staking

Most projects provide incentives for people to hold their tokens. Carbon provides a staking feature where you can start holding your CSIX tokens in their browser and earn the same tokens in the time frame of your choice. If you see here for 90 days, you earn 12% annually. For 180 days, you will earn a 15% annual return.

Swap and Bridge

These are applications where you want to trade one token for another without going to an exchange. It’s a more decentralized, faster, and more efficient way to invest in other cryptos.

There will be many utility-based cryptos that will create huge demand for these futures. So, it basically makes the payment system more seamless. The number one priority here is to protect people’s privacy.

Before we get into the company’s solutions and how it can become the leader of the next generation of browsers, let’s first discuss the evolution of the internet and why consumers will need the products offered by Carbon. The evolution of the internet is divided into three parts.

WEB 1.0

There was a static website where people could only read the content. There is no interaction with the creator of the website. You cannot like or comment.

WEB 2.0

The ability to make payments, share photos and videos, comment, like, subscribe, and more over the Internet is used by everyone today. Large companies such as Google, Facebook, and Amazon are all leaders in this field. What is missing here is the data breach. Companies collect data about the user’s activities and then use it to provide services or sell them to third parties.

This has become a problem because you can change the opinion of a certain community group by showing content based on the creator. As apps are designed for the target audience, they become more addictive and create a lot of problems on social media. So, to summarize, the data is not in the control of the consumer; instead, it is in the control of the company.

It is the next-generation technology where people will own their information. Because data will be stored in blockchains instead of centralized networks. Thus, no single organization will have control over its own data, and users will be given more control. As the future evolves with technologies like metadatabases, data, privacy, and security will be the number one priority for people to adopt technology quickly. Carbon meets these needs.

WEB 3.0

The Carbon browser is built on the requirements of Web 3.0. Web 2.0 has three existing problems. The first is a lack of privacy, decentralized management, and slow browsing speed. Centralized companies sell your data to third parties so they can create customized products for their target audience.

People have false assumptions about incognito mode and the Safari private browser, which offers an essential form of privacy by only clearing cookies and history. This doesn’t protect their data because it allows apps to track your movements and build extensions for your browser. People who don’t want their data recorded and shared have to pay a price for their privacy to be protected. This structure seems unfair where the consumer provides the data, and consumers take on the cost of protecting their privacy themselves.

Extensive Data Sharing

Carbon has found a solution for that. The browser is built on the Chrome web browser SDK and a flashing engine for speed. The company claims it can load web pages 3 times faster. In terms of data privacy, Carbon is based on a blockchain network that gives consumers more control over data. Thus, consumers decide how the company can use their data.

On top of that, it has its own VPNs and firewalls, thus eliminating third-party monitoring of data. This is why there is a growing demand for plugins and extensions. The browser needs to be more advanced, including add-ons such as crypto wallet swaps and many other extensions. Because this is the future, Carbon provides a one-stop solution.

Ad Blocker

Current browsers don’t offer many ad blockers. Instead, people have to buy services from a third party to block ads. Because the internet economy is based on ads, money companies can’t remove ads completely. That’s why Carbon has formed partnerships to ensure that only quality ads are served. By giving users more control, they will be able to decide for themselves which types of ads they prefer. This creates more balance in the ecosystem, allowing the consumer to determine the ad content.

Conclusion

It can even beat Google on data security. These companies come from advertising and data sales. We know they have all the data in the world. Because people use their products. But if people decide how their data can be used, they will choose the product accordingly. The use of blockchain is of great importance at this point. Because the data is stored in blockchain, we know that blockchain is based on a decentralized network where no party has full control.

Carbon x Karınca Traders Partnership
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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