One of the biggest crypto exchanges called Coinbase decides to shut down Earn.com and asked its users to use Coinbase earn program for getting a prize in crypto by learning about crypto projects.
Users are informed through email
Coinbase acquired the Earn.com by investing almost $100 million. It is said that the main reason behind the acquisition was the CTO of Coinbase, Balaji Srinivasan. It is reported that Coinbase has informed its users about the decision by sending emails that Coinbase will be “sunsetting Earn.com to focus exclusively on Coinbase Earn”.
[Coinbase will start] scaling Coinbase Earn even further by adding more campaigns to the platform, to connect more blockchain networks with engaged crypto users.
Coinbase started learning programs from Earn.com in April 2018. The aim was let the users to learn about the different crypto projects and do some minor educational tasks related to digital currencies. The users of Earn.com, now, requested to clear their balance from the site by Feb.2020.
Difference between Earn.com & Coinbase Earn
It is not a disturbing change as there is simply a shift from Earn.com to Coinbase Earn. Both are almost similar as their function is the same. There is only a difference between the two: Earn.com is a separate domain while the latter one is available on the official Coinbase site.
The education and awareness about anything is the most important thing for its adoption. So, the hurdle for crypto adoption is that most people are literally unaware of the usefulness of blockchain and digital currency.
Coinbase had launched the earning program for its users in the mid-May for nearly 100 countries. According to the exchange,
Coinbase has allowed nearly a million unique users in 115+ countries to earn their share of hundreds of millions of dollars in crypto.
The decision is made to boost up the official Coinbase exchange and its usage on a wider scale.
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