During the Christmas season of last year, Coinbase launched the 12 Days of Coinbase event where each day was marked with an announcement such as a new crypto listing on the exchange or how Coinbase is working towards a goal in the crypto industry. One such goal is to demystify the cryptocurrencies and blockchain technology by launching the Coinbase Earn program. The Earn program first focused on the digital asset known as Ox (ZRX).
Earn BAT as You Learn About the Brave Browser
In continuation with the earn program, the team at Coinbase is now offering cryptocurrency investors and enthusiasts the chance to learn about the Brave Browser while earning its native token of Basic Attention Token (BAT). The team at the exchange made the announcement via twitter as follows.
We’ve launched a new Coinbase Earn page where you can earn Basic Attention Tokens (BAT). Earn up to $10 worth of BAT today by completing educational lessons and interactive tasks. Visit: https://t.co/YheO7vhMCF
— Coinbase (@coinbase) February 6, 2019
Participants of the educational sessions focused on BAT will earn up to $10 in the digital asset for completing 4 lessons and their accompanying interactive tasks.
$5 Million in BAT Set Aside
The team at Brave Software have also announced via their twitter page that $5 Million denominated in BAT has been set aside for the exercise. The tweet making the announcement can be found below.
We’re thrilled to be working with @coinbase Earn, where users can earn @attentiontoken by viewing/completing educational tasks & using the Brave browser. $5M, denominated in BAT, is being designated for this, and 100% of the BAT will go directly to users. https://t.co/ihfAAE3LAD
— Brave Software (@brave) February 6, 2019
More on Coinbase Earn
Launched during last year’s 12 Days of Coinbase event right before Christmas, Coinbase Earn allows users to earn cryptocurrencies while learning about them in simple and engaging ways. The basic idea behind the incentives is to provide a platform where users can learn about digital assets, their utility and underlying technology while at the same time getting a bit of the specific digital asset to try out.
Coinbase stated that their customers and non-customers had a desire to learn about cryptocurrencies but did not know where to start. They explained the situation as follows:
In a survey of Coinbase customers and non-customers alike, we found that one of the biggest barriers preventing people from exploring a new digital asset was a lack of knowledge about that asset. Many of the people we surveyed expressed a strong desire to begin learning about new and different crypto assets beyond Bitcoin, but didn’t know where to begin.
That’s why we’re launching Coinbase Earn with tasks related to asset education. The educational content will be publicly available for any curious party to learn more about an asset, even if they haven’t yet received an invite to begin earning.
As earlier stated, Coinbase started the program with ZRX and promised to add interactive learning content for more digital assets. Basic Attention Token (BAT) is the second digital asset on the Earn page at the moment of writing this. However, users looking to capitalize on the lessons and crypto incentives need to receive an invite to join the program or join a wait-list for future opportunities.
What are your thoughts on the Coinbase Earn program? Can crypto users be motivated to learn more through such incentives? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.