Mark Mason
Well-known member
Coinbase Grows Through Acquisitions
Coinbase has recently acquired Earn.com for reportedly over $120 million USD.
The deal comes at the end of months-long speculation that talks between the two were taking place. Earn.com started as a Bitcoin mining startup and pivoted to ‘a cryptocurrency-based professional networking platform’ to earn Bitcoin by completing tasks such as answering emails. Earn.com is also planning to launch their own ERC20 token in order to further enable cryptocurrency-based task requests. It is significant in that Coinbase has said that they also plan to support for ERC20 tokens, however, Earn.com said that they plan to move their ERC20 token development down the priority list as they integrate into Coinbase’s platform.
Read more: https://www.dashforcenews.com/coinbase-grows-through-acquisitions/
Coinbase has recently acquired Earn.com for reportedly over $120 million USD.
The deal comes at the end of months-long speculation that talks between the two were taking place. Earn.com started as a Bitcoin mining startup and pivoted to ‘a cryptocurrency-based professional networking platform’ to earn Bitcoin by completing tasks such as answering emails. Earn.com is also planning to launch their own ERC20 token in order to further enable cryptocurrency-based task requests. It is significant in that Coinbase has said that they also plan to support for ERC20 tokens, however, Earn.com said that they plan to move their ERC20 token development down the priority list as they integrate into Coinbase’s platform.
Read more: https://www.dashforcenews.com/coinbase-grows-through-acquisitions/