Coinbase will close the platform Earn.com for effective development of the Coinbase Earn platform

Cryptocurrency exchange Coinbase plans to close crowdsourcing platform Earn.com, acquired in April 2018 for $100 million to direct efforts to develop its own counterpart, Coinbase Earn.

Coinbase informed its users about this in an email newsletter, recommending them to withdraw funds from Earn.com until February. The exchange’s management announced that it will continue scaling Coinbase Earn next year to connect more blockchains to the platform.

Coinbase also intends to increase the number of users interested in receiving cryptocurrencies from various projects for studying materials and completing tasks for various projects on the platform. The Coinbase Earn program was launched at the end of last year and is now available in more than 100 countries.

It is worth noting that the lack of knowledge in the cryptocurrency industry is one of the main obstacles to the widespread introduction of the latest technologies. This is why many companies launch their own courses on digital currencies and blockchain. For example, in February, the venture investment company Andreessen Horowitz plans to launch a free training course on cryptocurrencies for entrepreneurs.

In June, it became known that the Moscow Institute of physics and technology will have a program for training specialists in the field of digital technologies for the mining industry, with the participation of IBM and Norilsk Nickel.