Basically, Coinbase aims to create an open financial system, wherein anyone can equally participate in Coinbase Earn through their computers or smartphones. The basic idea of Coinbase Earn is to help users understand in detail about the asset’s utility and its underlying technology. Coinbase is launching Coinbase Earn today in invite-only mode with a single asset ZRX. In the upcoming future they may add some more educational content.
Guidelines To Earn Cryptocurrency
Whenever an invite to Coinbase Earn is received, the user needs to redirect to Coinbase Earn ZRX page to earn small amounts of crytpocurrency. The user can take up educational tasks like short video lessons and quizzes to earn cryptocurrency. Suppose the user hasn’t received any invite yet, they can sign up on the waitlist to get notified.
In a Coinbase survey, it was seen that one of the biggest barriers inhibiting users from exploring a new digital asset is lack of knowledge about that asset. Also many people have a strong desire to learn new crypto assets beyond bitcoin but have no idea from where to start with. This is the reason why Coinbase Earn tasks are related to asset education.
Mining and Buying are the two ways through which users obtain cryptocurrency. Basically, technical knowledge and high upfront costs are necessary in Mining cryptocurrency. While in Buying cryptocurrency disposable income is necessary in exchange for cryptocurrencies.
Lastly earning cryptocurrency expands the blockchain user base from tens of millions of people along with the resources to mine or buy crypto to millions of people having smartphones. Hence, it allows users to earn crypto just by clicking buttons on smartphone or laptop.
Many of the practical issues were resolved by Coinbase Earn to implement this theory practically. The users have a series of useful tasks to accomplish to earn digital currency. Coinbase Earn helps to users to access blockchain. Specially those who are more curious about digital assets and wish to try them for free.
Our goal is to make blockchain technology more accessible, both in the sense of making cryptocurrencies easier to obtain and easier to understand. Over time, we plan to add more kinds of tasks and the ability to earn other cryptocurrencies. https://t.co/Ez5JRWEfWb
— Coinbase (@coinbase) December 19, 2018