Coinbase CEO Boosts Science Platform Giving Away 1 Million Tokens

Coinbase has been making headlines a lot this year, despite the global crisis in the middle of which we are.

Not too long ago, we were reporting that the exchange announced the release of a Visa debit card.

US-based customers will be able to enjoy up to four percent rewards while using their digital assets through Coinbase’s new Visa debit card called Coinbase Card, the announcement revealed.

Also, Bitcoin spending will get one percent cash back.

The new Coinbase Card​ will be available in almost 30 countries, including the United States, the United Kingdom, and across Europe.

New crypto platform under the spotlight

Now, it’s been revealed that Coinbase CEO Brian Armstrong placed the spotlight on a new crypto platform that’s distributing tokens in exchange for research contributions.

The Daily Hodl pointed out ResearchHub, run by a decentralized autonomous organization (DAO) – this is a platform that’s designed to foster collaboration in scientific research in quite the same that way that GitHub has done for software engineering.

Back in July, the platform launched ResearchCoin (RSC), a token awarded to users whenever they receive an upvote on a post or contribution.

Armstrong highlighted the start-up on Twitter. Here’s his message:

People showed enthusiasm in the comments, and more followers focused on BTC’s price these days.

For instance, someone said: “Spooktober is officially over, and bitcoin is closer to ATH more than ever! If there was no good morning crypto and our academy, bitcoin would still be below 10k.”

Check out more details in the original article by the Daily Hodl. 

Speaking of BTC, at the moment of writing this article, BTC is trading in the green, and the coin is priced at $13,725.93 at the moment of writing this article.

Previous ArticleNext Article
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.