Want to earn while learning? Then this CoinMarketCap Earn post is for you!
CoinMarketCap Earn is a feature of CoinMarketCap that allows users to earn tokens while learning about a crypto project.
In the subsequent parts of this post, I will be telling you how it works and what is required to participate.
Know you can’t wait to hear all about it (after all, who doesn’t like free coins)
Let’s get started at once.
This section contains a breakdown of what we will be discussing.
The subheadings include:
- What is CoinMarketCap (CMC) Earn?
- How Does CoinMarketCap Earn Work?
- CoinMarketCap Earn Requirements
- CoinMarketCap Earn Listed Projects
- Frequently Asked Questions (FAQs) About CoinMarketCap Earn
The links embedded in the subheadings opens up to its entire details. This serves for better navigation within the post.
Ready to have the best reading experience of your life?
Alright then…Bonne lecture!
What is CoinMarketCap (CMC) Earn?
CoinMarketCap Earn is a feature of the CoinMarketCap platform.
CoinMarketCap is the top price-tracking website for crypto assets in the ever-growing crypto space.
The platform was founded in 2013 by Chez Brandon. This was prior to its acquisition by Binance in April 2020.
This feature allows its users to learn about supported blockchain projects and earn tokens doing that.
Now you might be wondering: How does it work?
Find the answer to that question in the subheading below.
How Does CoinMarketCap Earn Work?
How this works is basically you going through the crypto project videos (not up to 4mins each) and completing the quiz attached.
You will then earn tokens for doing this.
Below, you will find a step-by-step guide on how to do that.
After that, go back to the CoinMarketCap page and hover your cursor over ‘Learn’. From the drop-down menu, select ‘Earn’.
It opens up to the image below. Click on ‘Get Started.
This takes you to where you have a list of the available projects. Select the project of your choice to learn about it.
Assuming I chose Nervos Network, I will click on ‘Earn CKB’ to start up.
Go through the videos and after that, click on ‘Take the quiz’.
Fill in all the required details, take the test, and submit. You will be notified of the receipt of your quiz answers via the email address you provided.
This is how you go about learning to earn tokens.
But before you can earn from CoinMarketCap Earn, there are some requirements.
Let’s see them below.
CoinMarketCap Earn Requirements
Before you can earn from the program, there are pre-requisites.
- A CoinMarketCap account
- A KYC-verified Binance account
- You are not from these locations:
- Democratic Republic of Congo
- Mainland China
- North Korea
- South Sudan (SS)
- The United States of America and its territories
- Guam (GU)
- Northern Mariana Islands (MP)
- Puerto Rico (PR)
- Virgin Islands US (VI)
- American Samoa (AS)
- The United States Minor Outlying Islands (UM)
We will now see some of the CoinMarketCap Earn listed projects.
CoinMarketCap Earn Listed Projects
The projects available on Coin Market cap includes:
- FIO Protocol
- The Sandbox
- The Graph
- Nervos Network
Below, you will find a list of some of the crypto projects on CoinMarketCap Earn and answers to the quiz questions.
NOTE: THE PROJECTS ACCORDING TO THEIR STATUS. THE ONES IN RED HAVE BEEN COMPLETED WHILE THE ONE(S) IN GREEN ARE STILL ONGOING.
1. FIO Protocol
What is the max supply of FIO tokens?
What is the FIO Protocol?
Ans.: A service-layer solution that makes sending, receiving and even requesting cryptocurrency joyful and easy to do across all blockchains.
What does the FIO Protocol replace the need for?
Ans.: Long and complicated public keys
What can the FIO Protocol be used for?
Ans.: All of the above
The FIO Protocol enables…
Ans.: users to transfer value from one wallet or exchange to another in a way that’s joyful and easy
What is the FIO Token used for?
Ans.: All of the above
What is a FIO Address?
Ans.: A customized, unique human-readable wallet name and NFT
FIO Domains such as @domain…
Ans.: Are typically the name of the wallet or exchange
Create your own FIO wallet here.
Ans.: Add the wallet address here.
- The first round of distribution is currently scheduled for May 1st, 2021.
- You will need to create an FIO wallet in any of these wallets – Coinomi, ShapeShift, Edge, Guarda, Infinito, WhiteBIT, Scatter, etc
- To customize your wallet address, click on Settings > FIO name new > get FIO name > check availability > register >
2. The Sandbox
What is the total supply of SAND tokens?
On which blockchain is The Sandbox ecosystem currently developed onto?
What is the main The Sandbox virtual world primary focus for users?
Ans: Playing games
What is NOT one of the main utility token of The Sandbox ecosystem?
What is the name of the NFT Maker creation tool in The Sandbox that lets you make 3D game assets and tokenize them for putting on the Marketplace?
How can users monetize their games on The Sandbox?
Ans: All of the above
What tokens standards do The Sandbox use for its technology?
Ans: All of the above.
What can users do with the ASSETS bought on the marketplace?
Ans: Complete quests, fight enemies, and collect resources.
3. The Graph
What is the total supply of GRT tokens?
What is The Graph?
Ans: An indexing protocol for orgainizing blockchain data.
What are subgraphs?
Ans: Open APIS that anyone can query
What’s the query language used for Subgraphs?
What do Curators do?
Ans: Signal on quality subgraphs by depositing GRT (The Graphs native token) in return for curation shares.
What are Indexers?
Ans: Node operators that index data and serve queries.
Why do indexers have to stake GRT?
Ans: For economic security so if they misbehave they can be slashed (lose their GRT).
By delegating GRT to Indexers what can you do?
Ans: Help secure the network and make sure there are plenty of indexers to serve and process data for the crypto economy
What is the total supply of 1INCH tokens?
What is the name ‘1inch’ inspired by?
Ans: Oriental martial arts.
A prototype of the 1inch DEX aggregator was created in just 18 hours during:
Ans: ETHGlobal hackathon in New York;
Sergei Kunz, 1inch co-founder and CEO, used to be responsible for software development at:
Currently, 1inch supports most of the well-known protocols, precisely:
Which of these characters invited 1inch to the “Three Comma Club” for hitting 1,000,000,000 USD in volumes for the first time:
Ans: Russ Hanneman;
Recently, 1inch unveiled a major upgrade of its functionality that was based on an improved algorithm named:
A unicorn is 1inch’s totem animal, and the first mention of those mythical creatures dates back to:
Ans: Ancient Greece
5. Nervos Network
What is the total supply of CKB tokens?
Ans: 33.6 billion CKBytes
What is the full name of the Layer 1 Blockchain of the Nervos Network?
Ans: Common Knowledge Base.
What consensus algorithm does the Nervos Network use?
Ans: Proof-of-Work (PoW)
What three features can be attributed to the Nervos Blockchain?
Ans: Open-source, permissionless, and Proof of Work secured
The Nervos Blockchain is purposefully built for optimal…
Ans: Layer 2 development and scaling
What is the name of the Nervos Native Token?
Ans: The CKByte
Nervos Native Token can be used for…
Ans: All of the above
The Nervos DAO acts as …
Ans: Inflation shelter
NOTE: The projects listed are the ones that are live at the time this post was written(Feb. 2021). You can check for the status of the projects here.
Let’s look at some frequently asked questions about CoinMarketCap Earn.
Frequently Asked Questions (FAQs) About CoinMarketCap Earn
The distribution of tokens will begin after the campaign has ended. This may take up to one month.
You can also check for the token distribution status of the projects here.
You are ONLY allowed to participate ONCE in every campaign.
Every account has the opportunity of taking and submitting the quiz only ONCE.
You can still go through the questions but you will be unable to submit them a second time.
For you to really earn tokens, your Binance account has to be KYC-verified before you take the quiz.
If not, CoinMarketCap Earn cannot guarantee that you will get your tokens during distribution.
Follow these steps to find that:
– Log in to your Binance account
– Once logged in, click on your account
– You will find your user ID on the top left-hand side of the page.
Check out this link for further explanation on how to do that
– Log in to your account
– Hover over your account and from the drop down menu, select ‘Identification’
– Then go ahead with the verification
In case of any issues, you can reach out to the support team under “Report a bug”.
If you want to learn how to trade cryptocurrencies profitably, we have created a perfect course to help you do that.
Enroll in our Cryptocurrency Mastery Course by going to www.ctmastery.com.
You can also join our Telegram community at https://t.me/ctmastery for more information.
Here is where we come to the end of today’s post.
So far, I put you through on how to earn from the Earn feature on CoinMarketCap.
I also provided the projects that have been listed already. I will keep updating the list as more projects are listed.
Now, after reading through, I want to hear from you.
Which of the projects will you be checking out first?
Of all the listed projects, which of them caught your fancy? Any particular reason for your answer?
Do you still have questions apart from the ones I answered above?
Let me know in the comment section below.
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