We’re launching Coinbase Earn in invite-only mode right now
Coinbase’s mission is to create an open monetary system, the place anybody on the earth can take part on equal phrases from their laptop or smartphone. To carry this imaginative and prescient about, we’ll have to make blockchain know-how extra accessible, each within the sense of creating cryptocurrencies simpler to acquire and simpler to know.
That’s the place Coinbase Earn comes in.
Coinbase Earn permits customers to earn cryptocurrencies, whereas studying about them in a easy and fascinating manner. The thought is for customers to know extra about an asset’s utility and its underlying know-how, whereas getting a little bit of the asset to check out. To handle demand, we’re launching Coinbase Earn right now in invite-only mode with a single asset: ZRX. Over time, we plan so as to add extra academic content material in addition to the flexibility to earn different cryptocurrencies.
For those who’ve acquired an invitation to Coinbase Earn by e-mail, you'll be able to go to the Coinbase Earn ZRX page to earn small quantities of cryptocurrency by finishing academic duties like brief video classes and quizzes. However in case you haven’t acquired an invitation but, don’t fear — you'll be able to nonetheless view all academic content material on the Coinbase Earn web page at no cost, and may enroll on the waitlist to be notified as extra academic duties can be found.
Be taught: easy and fascinating cryptocurrency training
In a survey of Coinbase clients and non-customers alike, we discovered that one of many largest boundaries stopping folks from exploring a brand new digital asset was a lack of information about that asset. Lots of the folks we surveyed expressed a robust need to start studying about new and totally different crypto belongings past Bitcoin, however didn’t know the place to start.
That’s why we’re launching Coinbase Earn with duties associated to asset training. The tutorial content material can be publicly out there for any curious occasion to study extra about an asset, even when they haven’t but acquired an invitation to start incomes.
Earn: a brand new strategy to entry cryptocurrency
Historically, the 2 methods folks have obtained cryptocurrency are by way of mining or shopping for. Mining cryptocurrency sometimes requires technical data and excessive upfront prices, whereas shopping for cryptocurrency can require disposable revenue to trade for cryptocurrencies.
Incomes cryptocurrency is a 3rd choice. It has the potential to develop the blockchain person base from the tens of thousands and thousands of individuals with the assets to mine or purchase crypto to the billions of people that now have smartphones. It is because one can — in concept — earn crypto just by clicking buttons on a telephone or laptop computer.
Coinbase Earn solves most of the sensible points required to show this concept into observe. We give verified, invited customers a collection of helpful duties to finish from anyplace to earn digital forex. For this primary set of duties, funding is coming from the 0x exterior improvement pool, with 100% of the funds going on to customers. Sooner or later, we might experiment with other forms of duties from several types of senders, not essentially at all times created by asset builders themselves. For instance, there could also be duties paid in Bitcoin that aren’t despatched by Satoshi Nakamoto!
We predict Coinbase Earn may assist open up blockchain entry to a brand new group of customers: people who find themselves interested in digital belongings, however who’d wish to attempt them out at no cost identical to a traditional net or cell app. By serving that want, we hope to make blockchain extra accessible within the course of. Please try the Coinbase Earn page for ZRX right now.
Earn cryptocurrency while learning about new digital assets was initially printed in The Coinbase Blog on Medium, the place persons are persevering with the dialog by highlighting and responding to this story.