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CoinMarketCap Earn, a place for crypto enthusiasts to learn more about how a cryptoasset works while earning crypto rewards, has announced the launch of their next campaign with Orchid.

Each CMC user that watches educational videos and completes a quiz about Orchid will earn 20 OXT cryptocurrency from the pool of 800,000 OXT rewards— so get ready to start learning and earning!

Unlike CMC’s earlier Earn campaigns, the CoinMarketCap Earn with Orchid will last until either the 800,000 OXT rewards pool is gone or a minimum of 10 days.

What’s New?

In order to make OXT distribution for Earn participants as smooth as possible, only CoinMarketCap users with a Binance KYC-verified account will be able to participate in this Earn campaign. While we are currently in talks with other exchanges for future campaigns, for CoinMarketCap Earn with Orchid, only Binance accounts will be able to receive OXT rewards.

We have decided to limit use to Binance KYC-accounts to avoid the inherent security risks of on-chain settlement. Allowing only for the internal distribution of OXT to users that have passed Binance’s KYC will help prevent fake accounts from taking part in Earn, leaving more tokens for true CMC Earn users.

I’m Ready to Learn About Orchid!

In order to start earning OXT, you need to first create a CoinMarketCap account, which you can do here

After you’ve made your account, go on over to CoinMarketCap Earn’s Orchid campaign to begin watching a series of educational videos about OXT. Make sure you take notes when watching — you’ll need that information for the quiz!

When you’ve finished watching, take a short quiz about OXT, using everything that you just learned. You can only take the quiz once, so check your answers carefully!

If you successfully complete the quiz, you will receive a reward in OXT when the campaign is over.

What Is Orchid?

Orchid (OXT) is the native cryptocurrency of a blockchain-powered virtual private network. It describes itself as the world’s first incentivized, peer-to-peer privacy network with the goal of overcoming the limitations on internet freedom. Orchid’s service is pay-per-use, which means that Orchid users only have to pay when they actually connect, as opposed to monthly or annual fees.

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.

The post CMC Announces Next CoinMarketCap Earn Campaign With Orchid appeared first on CoinMarketCap Blog.




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