Brave is promoting etoro affiliate program and scamming its users
source link: https://github.com/brave/brave-browser/issues/8793
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Blockchain advertising is one of the most lucrative. Affiliate commissions are insane. In the corner of the brave browser is a link to etoro. A blockchain trading platform.
Brave is promoting it on their home screen when you load up a new tab.
Why is this bad?
Because the owners of Brave are making an absolute fortune from folks who will lose their money. Brave has an affiliate link. You can see it when you hover the etoro link: https://partners.etoro.com/B12165_A84346_TClick_SUK.aspx
You can see what etoro pays per signup here: https://www.affiliateprograms.com/p/etoro-partners/
Up to $200 CPA, 25% Revenue Share
So, when a user signs up Brave are getting up to $200 per user, and a share of etoro's profits from that user.
For a project that is meant to promote
an internet free advertising experiencesecurity, privacy and I assume serve the users best interests - I think this is kind of shady. If you click the affiliate link right at the bottom of brave the etoro page says this:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Also, there appears to be no affiliate disclaimer as is required by the FTC.
Anyone agree this is not right?
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