During the “12 days of Coinbase” event at the end of 2018, Coinbase announced good news for the crypto community, such as new listings and insights about new Coinbase features. One of the topics was the launch of Coinbase Earn – a program designed for educating users about new cryptocurrencies.
The first test was with the 0x protocol and the associated 0x (ZRX) ERC-20 token.
Next in line for the Coinbase Earn program is the Brave Browser and its native Basic Attention Token (BAT). Users can learn about the browser, the token and the goal of the Brave team, and in the process of learning – to earn up to $10 worth of BAT.
Coinbase announced the new initiative with a Twitter post, stating that users have to complete four educational lessons and interactive tasks to receive the BAT tokens.
The Brave Software team decided to put aside $5 million worth of BAT for the Coinbase Earn program, also announcing their decision via a Twitter post. In the tweet, the company behind BAT states that 100% of the coins will be transferred directly to the users, without going through third-parties.
Coinbase’s new learning platform addresses a vital issue, regarding cryptocurrencies in common – the lack of knowledge about the various digital assets. The main idea behind the platform is to give users the learning ground about digital assets, their usage, and the technology behind them.
The news of Coinbase launching the Earn platform with the BAT token made BAT’s price surge up with more than 20% in 24 hours. Its price as of press time is $0.123, clearing the lost momentum from last week.
Coinbase’s announcement affected the price of BAT, but people using the Brave browser are also stating their support for the “fast, ad-free browser”.
Trading volumes also skyrocketed from $4 million to over $20 million in just 24 hours. The positive trend is expected to continue.