Understanding Learn-To-Earn in Crypto
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Hi friends! how are you doing? Welcome to my blog, it's super good to have you back here. I trust you got value from my last post. I bring to you another interesting content, one that I believe you would find interesting as usual. In my previous post, we explored the concept "Flash Loan", you can check out my blog to read through if you haven't.
Today, we would be looking at Learn-To-Earn in Crypto, what it is and how it works...it's actually another topic of interest I stumbled upon and felt like sharing with y'all. I hope you guys learnt one or two things from this write-up.
It's no more a news that there are different ways of earning in the crypto world, some require some amount of capital to get started and get result while some others do not require... It's possible to literally earn cryptos with zero capital. Well if you seem not to agree then I would site steemit as an example...
You do not require to put in a dime before signing up, making posts and getting supports in return. This is just to stress the point I made earlier. The topic we are about discussing is one of such, another way to earn from the crypto space with zero investment...and just before you doubt again, take time to digest it...smiles.
Learn-to-Earn is another earning model that aims to reward people for learning or going through a particular course thoroughly. These course are usually crypto related courses which are designed to get folks out there enlightened about the crypto world.
It has always been the dream of crypto enthusiast and lovers out there to see that the knowledge about crypto and blockchain fills the earth. There's is no doubt that the benefit of cryptocurrency is quite numerous and it obviously more beneficial than the traditional way of doing things.
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Hence the reason why initiative like this was designed to lure people into this space by teaching them the basic and advance aspect of this space and also get to reward them while they learn these things.
It's important to mention that these model of earning is not some get rich quick scheme, in fact the goal is not to get you wealthy overnight but to impart you with knowledge that can help you get the kind of wealth you look for even as a newbie. As a newbie you would be exposed to the crypto world by the virtue of the learning.
Users are not asked to deposit anything of any kind to earn here, nah!...neither are you asked to have certain amount of crypto balance in your wallet before you can get started. It actually free for all especially newbie. They are coming in with zero capital while they get rewarded for choosing to learn.
I think it also expedient that I mention that the reward pool for compensating users for learning is limited and it could be exhausted soon enough... this could be as a result of the number of learners compensated through it. For every successfully stage of learning/lesson you take, you get rewarded just once...even though you go through it again, you won't get the reward anymore.
Primarily we have two parties to these Learn-to-earn program, we have crypto exchange and other resource platform as the host and then the users who can also be referred to as the benefactors of the program. These host come up with their course which can be in form of videos and articles explaining cryptocurrency and other related terms.
After the student must have gone through the lesson, they are tested and then at the end they get rewarded with cryptos when they successfully pass the test...which is taken once anyways. If you decided to take it more than once like I mentioned earlier, you can but this subsequent attempt will not attract rewards.
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It's true that you do not need an initial deposit or money to get started but then if your learning is going to be on an exchange, you need to get your self verified on the exchange platform, especially on CEX. You must have gone through the KYC before you can really earn in there.
This Learn-to-earn program is always a win-win initiative for both parties to the program, I mean the exchange platforms/other educational platform and the student because student gets to learn and earn while these exchange drive in traffic into their platform and also spread the good news about crypto.
• Binance: Binance is one of the top exchange we have in the world. It has a section on it platform called Binance Academy where you can enroll to learn about cryptocurrency. It has so many topic of interest that would help you quickly acquaint yourself with this terrain.
• Coinbase: Here is another platform, an exchange to be precise that supports the learn to earn model. They have their crypto course that student can take. Although not all of these course have rewards attached to them, but you could take advantage of the ones that have rewards attach to them. If am to advice you as someone who is new,I would say you should take all for your good.
• CoinMarketCap:CoinMarketCap is one of the largest digital asset tracking platform. It supplies you with more than enough information about any crypto asset you want to know about. They also run their learn to earn program but then it's a seasonal thing which therefore means you have to ensure it up and running before you decide to opt in. Also be sure to have an account with them to become eligible.
• Cake DeFi: I decide to add a DEX platform to list. This is also an exchange platform but a decentralized one that supports the learn to earn program which covers three aspect of crypto currency namely Bitcoin, Ethereum and Cake DeFi, the platform itself. At the end of going through these courses, you should be able to get $3 dollars for learning.
• BitDegree: This platform is an educational platform where you can get yourself equipped with the knowledge of cryptocurrency and also get reward for learning. Their learning program is called LearnDrop which features both free and paid courses..
I believe by now you understand what learn to earn program are and how to use them to your advantage. As my usual custom is, I would always encourage that you DYOR to be sure of every financial step you would want to take as I won't be liable for any form of loss encountered by you.
Feel free to share with me your thoughts in the comment section. Thanks for your time once again. Gracias!
Disclaimer: This post is made as an education and not investment advice. Digital asset prices are subject to change. All forms of crypto investment have a high risk. I am not a financial advisor, before jumping to any conclusions in this matter please do your own research and consult a financial advisor.
Regards
@lhorgic♥️
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