The cryptocurrency exchange is slowly getting attention in other parts of the globe. It has become an essential part of different countries' economies, as some engaged in transactions powered by the digital currency. While others strive to top the digital market, Binance’s top cryptocurrency market data site, CoinMarketCap came up with a platform that helps users earn rewards by just learning about cryptocurrency.
Being the second crypto-based company to Coinbase, who launched its own in 2019, to engage in this reward program, the company wants to reward its users asking them to watch different educational videos and later complete various quizzes about the digital market. In a statement released by CoinMarketCap, the goal is to introduce the digital assets market to its clients in a special, yet very educational way as they gain insight into how it works. The first requirement to be a part of this program is to create an account under CoinMarketCap. The platform shared that the first project to sign up on this is the cross-chain data oracle Band Protocol, which is backed by Sequoia Capital and Binance and it aims to release tokens worth $160,000 as offered in the Earn program.
Start earning $BAND. 🔥 @BandProtocol is the first campaign to be launched on @CoinMarketCap Earn!— CoinMarketCap (@CoinMarketCap) August 12, 2020
How do you get $BAND? Watch videos, take a quiz. Each user earns up to $10 - no costs or trading risks. 😎 Plus, get entered into a $300 $BAND drawing!https://t.co/5pkg8l2wjC pic.twitter.com/3dfvVjCmS2
CoinMarketCap shared with Cryptopolitan that it will make sure tokens were equally distributed among its eligible clients who will pass the test in the learning platform. The next exciting thing about engaging in this program is that after eight days, clients will have the opportunity to earn new assets as part of the company’s campaign to widen the scope of its users’ knowledge in cryptocurrencies.
The Co-funder and CEO of Band Protocol shared with Cryptoslate how thrilled their company is to partner in this program with CoinMarketCap as it pushes for more people to learn the use of crypto-assets and the technology behind it. The platform explained that they pick Band protocol first because they target educating users on the importance of the token in the Defi sector.