Coinmarketcap, on August 12, launched Coinmarketcap Earn, a program that allows users to earn cryptocurrency as they learn about them. This makes it the first crypto price tracker in the world with this innovation. 

Users can watch educational videos on Coinmarketcap earn, take Quiz, and earn the particular crypto they learnt about. Coinmarketcap is partnering with trusted and emerging projects to be included in the earn section of the website. According to a statement from Coinmarketcap on twitter:

“We’re all about putting crypto in the hands of more people… Now, receive crypto as you learn about established and emerging projects, without risk or cost.💡”

Band Protocol- The first Protocol on Coinmarketcap Earn

Band Protocol is the first project to be featured in the earn section,  and the campaign will last for eight days after its launch. Within this period, enthusiasts can watch short educational videos about Band protocol in simple terms and test their knowledge with the quiz after they have watched the videos. To receive rewards, learners will have to leave their BAND wallet addresses before they begin to answer questions. Users can also leave their emails to be notified of new earn campaigns in the future. 

Innovations like this are meant to drive the adoption of the project people are to learn about and essentially, blockchain technology and cryptocurrency. 

Coinbase – a Pioneer

Coinbase was one of the first blockchain-related projects to bring this kind of idea to light. Via Coinbase website, users can watch videos relating to projects like Stellar Lumens XLM, Compound COMP, Basic Attention Token BAT, Kyber KNC, Tezos XTZ, etc. answer questions on the projects they watched, and earn cryptos to their Coinbase wallet. Additionally, users can earn more by referring other users to join in the educational train. Though the opportunity is opened to a small sect of Coinbase customers, it has proven instrumental to the growth of the projects listed and the Cryptocurrency ecosystem at large. 

The opportunity and Hopes

Coinmarketcap is the largest and well-known cryptocurrency analytics tool for everyone. It is the world’s most referenced price tracking website for crypto-asset seeing thousands of thousands of visits daily. According to Alexa, Coinmarketcap ranks 952nd in the global internet engagement above competitors like Coingecko, Cryptocompare, Coincodex, etc. This makes it a very good resource to help educate the world about cryptocurrencies. It is sure that any project listed on its earn program will gain huge visibility from the crypto community. Since it is dedicated to bringing trusted and emerging projects to the limelight with the earning program, it is the hope of all crypto enthusiasts that they will perform adequate due diligence before showcasing any project.