2020-10-21 11:00 |
CoinMarketCap Earn, a way for crypto enthusiasts to learn all about how a cryptocurrency works by earning rewards, is launching their next learn and earn campaign with Helium.
In exchange for watching informational videos and then completing a short quiz about Helium, CoinMarketCap users will be rewarded with Helium — as long as they get the quiz answers correct.
This CoinMarketCap Earn campaign has a reward pool of 50,000 HNT tokens. Every successful CoinMarketCap Earn participant will receive 1 HNT token until there are none left — so start learning, quickly!
Unlike previous campaigns, the CoinMarketCap Earn campaign with Helium will last until the 50,000 HNT rewards pool is depleted.
What’s New With CoinMarketCap Earn?In order to improve the token distribution process for Earn campaigns, only CoinMarketCap users with a Binance KYC-verified account will be able to participate. While we are in conversation with other exchanges for future campaigns, for this CoinMarketCap Helium campaign, only Binance accounts will be able to receive HNT rewards.
This decision was made due to the inherent blockchain security risks for on-chain settlement of such a large rewards pool, as well as the consideration of high gas fees on the Ethereum network. Internal distribution by Binance to users that have passed their KYC policy allows rewards to be delivered safely and on time. Furthermore, only allowing Binance KYC-verified accounts will help to prevent fake accounts from participating in the campaign, leaving more tokens for authentic and true CMC Earn users.
I’m Ready to Earn HNT!The first step on your journey to learn and earn HNT is to create an account on CoinMarketCap, which you can do right here.
Once you have logged in, you can go to CoinMarketCap Earn’s Helium page and watch several short educational videos about the crypto asset. Remember to take notes — you need a perfect score on the quiz at the end to get your 1 HNT reward.
When you’ve finished watching the videos, you will be able to take a short quiz testing your knowledge about Helium (we were serious about that note taking) — you can only take the quiz once, so do your best to be prepared.
If you complete the quiz successfully, you will be rewarded with 1 HNT when the campaign is complete.
What Is Helium?Helium is a decentralized blockchain-based network for Internet of Things (IoT) devices. The network aims to build on the communication capabilities of wireless IOT devices, and is often called “The People’s Network” due to its vision of connecting more devices and collecting more data for cheaper costs.
What Is Earn?CoinMarketCap Earn enables crypto enthusiasts to learn more about a particular cryptocurrency. Each user watches a series of educational videos about an asset, completes a quiz and is rewarded for their correct answers with crypto. With CoinMarketCap Earn, CMC can increase the breadth of knowledge about the crypto industry as part of its goal of showcasing the cryptocurrency revolution each step of the way.
A CoinMarketCap account is required for users to participate in the educational CoinMarketCAp Earn campaigns. Please remember that not all jurisdictions are supported at this time, so confirm that your jurisdiction is supported by checking out our FAQ section.
To check out “CoinMarketCap Earn” please visit: https://coinmarketcap.com/earn/
The post CMC’s Next Earn and Learn Campaign: Helium appeared first on CoinMarketCap Blog.
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