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Coinbase acquired Earn.com for at least $ 120 million in April. And now the company intends to turn Earn.com into Coinbase Earn, a website with educational content to learn more about cryptocurrencies. Users who complete those classes will earn tokens.
Coinbase purchased Earn.com in part so that it could name the co-founder of Earn.com and CEO Balaji Srinivasan as CTO of Coinbase. The previous iteration of Earn.com was not a priority for Coinbase.
Earn.com started as a service where you can contact busy people with a small contribution. Busy people would be paid in cryptocurrencies to accept those requests. The platform quickly became a way to massively contact Earn.com's user base for coin bids and initial launches.
Coinbase Earn was launched today in private beta. But at the time of this article, the new Coinbase Earn service is not live (To update: Coinbase Earn is now online and is a separate website from Earn.com). Some users of Coinbase will receive an invitation to the service. The company says that educational content will go beyond Bitcoin and Ethereum. The development of training pages for obscure cryptocurrencies makes sense because Coinbase plans to add dozens of cryptocurrencies in the coming months.
In the beginning, there is only one track. Users can learn more about 0x (ZRX), a protocol that allows you to create decentralized exchanges. The cryptocurrency negotiations can be performed without a centralized exchange thanks to 0x .
The content 0x includes video lessons and quizzes – and yes, by writing this I feel like it's 2005 and the webinars are interesting again. Even if you have not been invited to Coinbase Earn, you can view the content. But those who are part of Coinbase Earn will receive a small amount of ZRX at the end of the track.
Coinbase had previously launched a learning center to understand the basics of cryptocurrencies.
Disclosure: I have small amounts of various cryptocurrencies.
