There are many interesting initiatives within the innovation space in the world of cryptomontages. However, one that might interest you is the one just launched by CoinMarketCap to learn about cryptomonies and make money with it.
The initiative is called „Learn Crypto, Earn Crypto“ or what is the same „Learn about cryptomontages. Earn Crypto“. Here are the details and what you should do.
CoinMarketCap’s priority is transparency according to its CEO
How does this CoinMarketCap initiative work to earn crypto currencies?
The idea of CoinMarketCap is that you get rewards in cryptology in a fun, low-risk way. First, the process consists of watching videos and then you must perform some quizzes or tests to test your knowledge. In this way you get the reward in the form of tokens of the crypt currency you learned about.
However, the first question you are probably asking yourself right now is which cryptomonies can be earned in this process? Most of them would be emergent projects.
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Earn BAND tokens for now, until the campaign closes
According to its website, CoinMarketCap has partnered with emerging and trusted projects. The example they put on their page is BAND of Band Protocol. It is supposed to be a campaign that will last for 6 days, measured from the time this article is being published.
BAND Protocol is a data oracle platform between strings that aggregate and connect real world data and APIs with intelligent contracts.
In this case, to win BAND in this project you should watch three videos or lessons. The first one is „What is the BAND protocol“, then „How does the Band protocol work“ and finally „What is the BAND token“. In terms of length, each video is about two minutes long. So, it’s not something that will take up a lot of your time.
The next step is to do the quiz that will test the knowledge acquired in this process of watching the three videos mentioned above. However, each CoinMarketCap user can only do the quiz once.
In addition to providing you with this information, CoinMarketCap also gives you the option to view the statistics of the crypto currency you will learn from. This is all done so you can decide whether or not you think it’s a good idea to learn about that particular token, and get some after the process.
What restrictions apply? Can everyone participate?
However, so far these videos are only available in English. Therefore, you will need to be able to speak the language or get help from someone who does. In addition, you must be registered with CoinMarketCap to participate.
After the completion of a campaign, the tokens will be distributed evenly among each successful participant. There is a limit of up to US$ 10 on the token for each respective project.
Additionally, their terms and conditions clarify that there are restricted countries to participate, so this campaign does not apply to users living in them.
These countries are: Belarus, Democratic Republic of Congo, Cuba, Iraq, Iran, mainland China, North Korea, Sudan, Syria and Zimbabwe. Also included are the United States and its territories (American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the United States Virgin Islands).
You should know that the amount of crypto currency you earn for successfully completing a given module of the program is based on the USD exchange rate of the crypto currency in CoinMarketCap at 00:00 UTC on the date the campaign is activated. Therefore, the dollar value of the tokens you can receive may fluctuate as the price of the cryptomone currency changes.
Finally, if you are wondering where you might store your Crypto Investor tokens, CoinMarketCap has a section where you can find it.