Binance, a cryptocurrency exchange with a global reach has just launched an initiative called “Learn and Earn” on its portal. The portal is called Binance Academy and it is a portal for blockchain education and crypto.
Users who are interested in this will have to go through a process for identity verification and also be compliant with the terms of usage, after which they will be deemed eligible to participate. There will be crypto rewards to the tune of $600,000 for the first batch that completes the program. This money will be awarded to those people who have completed a predetermined number of tasks in blockchain and crypto education, and this will include watching video clips, reading articles as well as passing challenging quizzes.
The CEO of Binance, Changpen Zhao was quoted as saying that the company wants to give its users the best tools in order to improve their understanding of cryptocurrency projects as well as blockchain technology in order to empower them to make investment decisions that are based on knowledge, understanding and information.
The first batch of the learn and earn program will have projects like WOO Network, ANKR, Terra and Polkastarter and these will begin on the 25th Of March. Projects like these will be rolled out on a regular basis.
Crypto is slowly changing the world as we know it. Users of crypto can play games to earn money, and with Binance’s programs, they will also get a chance to earn while they learn. The project goes by the name of Binance EduFi and users will earn tokens that can be redeemed for cash as they complete various tasks.