The coin holders and a community around crypto projects are some of the most important things in order to grow the project. In the starting period of Bitcoin, faucets were very popular and are used to freely distribute tokens to anyone they are still in the market but are not as effective as they were in that period. There is a new and more effective method to achieve the goals called "Learn and Earn" campaigns. Through the Learn & Earn campaigns crypto projects try to spread information about their project and reward people who qualify with certain requirements.
To carry out the same method, CoinMarketCap one of the popular crypto screener websites provides the platform for crypto projects to create learn & earn campaigns. In this article, we will look at how the Learn and Earn campaigns on CMC works, how you can participate and win the free coins.
What Is CoinMarketCap (CMC)?
CoinMarketCap referred to as CMC is a crypto price screener, resource hub for the entire crypto ecosystem, and some other features. You can find the prices of almost every legitimate crypto coin, get an airdrop calendar, and the topic of this article, a Learn and Earn program.
For every crypto trader or explorer, it is highly recommended to use CoinMarketCap for researching and finding official links as well as contract addresses of a particular protocol.
Join CMC: CoinMarketCap.com
Learn and Earn Program
CMC runs a Learn and Earn campaigns where a particular crypto project creates a step by step video guides and a quiz where users have to watch videos and complete quizzes within the campaign period and wins the pre-determined reward if he/she passes with all the requirements.
Pre-requisites
- You should have a CoinMarketCap account (which you can create here)
- A fully verified Binance account
Steps To Participate In L&E Campaign
Considering you have met all the requirements that have been listed in the pre-requisites, this will be the guide to participate in CMC learn and earn campaigns.
Step 1: Getting notified of the upcoming Learn and Earn program is a very important step. As the rewards are distributed 'First Come First Win' basis to the limited qualifying participants and has very large demand, it makes getting notified early a good move to stay ahead of many other participants.
(Note: You can join CMC telegram for that)
Step 2: Head out to the Earn section on the CMC website
Step 3: Watch all the videos carefully and get ready to attempt the quiz.
Step 4: Attempt the quiz as soon as the campaign goes live.
Step 5: Submit the quiz with correct answers and other details correctly.
Step 6: Wait until the campaign concludes and rewards get distributed.
Check if you won or not?
Go to the Earn page and click on the Token Distribution Status. Now go on the Check Status and fill in your information and select the coin that you want to check for.
See the pictures below:
Select the "Token Distribution Status (on the menu)"
Click on the "Check Status"
Fill in the required information and hit submit. It will show this if you won or will show the reason why you didn't win.
Conclusion
Diving in the crypto space can be harder for the first-timers if you are from poor countries and earning free coins for exploring crypto projects can be a good start. It is beneficial for both projects as well as users.
This is all about the learn and earn campaign of CoinMarketCap. Hope you found this article informative. Thanks for your support and your time!!
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