CoinMarketCap continuation (from previous article)
One of the most well-known names in the crypto space which needs no introduction, CoinMarketCap is not just your price tracker that it had started out to be. As we all agree crypto environment is dynamic and anything that steps into this universe has to have change and evolution by its side. CoinMarketCap is a true example of that. With each passing day, cryptocurrencies are closing in towards mainstream adoption though it might be years before we see that in its true state, but portals like CoinMarketCap are only helping to reduce that space.
We are living in a world that is interconnected and where interdependency is on the rise and is only going to get stronger in the coming years. CoinMarketCap aims to provide users access to information at one click of a button. By constantly introducing new features it enables users to perform a plethora of actions right on its website.
Understanding changing needs and building products that address these needs is essential for any portal to expand and maintain its user base.
Identified as the pioneer of launching innovative products, features, and programs in the crypto metaverse, CMC strongly focuses on innovation while maintaining a balanced product mix.
With user-centricity embedded in its DNA and in the ever-changing technological world, CoinMarketCap is poised to bring unique additions in the form of programs and features to its website.
In my previous article, I had mentioned I would be covering some of the features of CoinMarketCap, and this article focuses on a few of those.
- Coin Market Cap Alexandria and Earn
The day you stop learning is the day you stop living.
With Alexandria and Earn, CMC aims to educate its users.
The Earn initiative provides users an opportunity to earn crypto while learning about crypto projects.
Alexandria is home to crypto-written content by CMC’s own researchers and employees, as well as articles by some of the best minds in the industry. With the aforementioned initiatives, CMC provides users an opportunity to expand their knowledge by engaging in fun and exciting programs, contests, etc.
Some of the programs running on Earn: Cybertino, Folder Protocol, Tokocrypto
- Coin Market Cap Diamonds
Introduced to encourage user retention, Diamonds is CMC’s loyalty program.
All you need is an account on CoinMarketCap to start collecting Diamonds. Start earning by visiting CoinMarketCap every day — and click on the diamond icon to earn diamonds. Soon, you will also be able to earn Diamonds by interacting with different CoinMarketCap features.
You can spend the Diamonds accumulated at the CoinMarketCap Diamonds rewards store on items like CoinMarketCap merch, NFTs, and more. The CoinMarketCap Diamonds program is just getting started, stay tuned to CMC to know more.
- Coin Market Cap Swap
Foreseeing the exponential surge in token swapping, CMC introduced the Swap feature enabling users to swap tokens right on its website.
What is Token Swap? Token swapping is designed to reduce the overhead cost and the time required to exchange one crypto asset for another.
Below is a list of the currently supported DEXs, wallets, and networks for CoinMarketCap’s token swaps.
Supported DEXs- PancakseSwap, Uniswap and MDEX.
Supported Wallets-At this time, wallets supported by PancakeSwap, Uniswap and MDEX will also be available on CMC.
PancakeSwap: MetaMask, TrustWallet, MathWallet, TokenPocket, Wallet Connect, Binance Wallet Chain and SafePal Wallet.
Uniswap: MetaMask, WalletConnect, Coinbase Wallet, Fortmatic, and Portis for Uniswap swapping.
MDEX: MetaMask, TrustWallet, MathWallet, TokenPocket, WalletConnect, and SafePal Wallet for MDEX swapping.
Supported Networks-Ethereum, Binance Smart Chain, and HECO are the networks supported at this time.
- Coin Market Cap Watchlist Airdrop
The watchlist airdrop event is an exciting offering of CoinMarketCap which renews on a monthly basis, with the current Prize Pool of 1,000 USDT every month.
The prize pool will be increased periodically.
–1st Place: $500
–2nd Place: $150
–3rd Place: $100
–4th Place: $100
–5th Place: $40
–6th Place: $30
–7th Place: $20
–8th Place: $20
–9th Place: $20
–10th Place: $20
In order to participate, create a watchlist (with a minimum of 3 tokens being tracked)- convert your watchlist to public, solve the CMC quiz (again part of the google form) and submit your public watchlist to win. Use the google forms link for submission https://coinmarketcap.jotform.com/211529027966057. You can also share your “Public Watchlist URL” on Social Media (Twitter/Facebook/Reddit/etc).
- Coin Market Cap BTC price prediction
CoinMarket Cap launched its price prediction feature by running the BTC price prediction event.
The event is pretty self-explanatory, you need to Submit your Bitcoin Price Prediction for “End-of-Month (23:59:59 UTC)”
Submissions are accepted until “21st (of each Month)”
Start by logging on to the CMC website — https://coinmarketcap.com/
Click on the price estimate tab- enter your prediction — https://coinmarketcap.com/currencies/bitcoin/price-estimates/
Next, enter the prediction in this Google form — https://coinmarketcap.com/
Please ensure you submit the same prediction on both the form and website- mismatch WILL lead to disqualification.
Solve the CMC quiz — only those who succeed will be eligible for the selection (Quiz is a part of the form)
[Price Estimates Event Reward]
1st Closest Predictor: 600 USDT
2nd Closest Predictor: 150 USDT
3rd Closest Predictor: 50 USDT
- CoinMarketCap Multiple Portfolios
It is imperative to upgrade, adapt and most importantly address users’ needs. CoinMarketCap as a direct result of user requests added an upgrade to the existing Portfolio feature.
CoinMarketCap’s portfolio feature enables users to track all of their crypto holdings in one place.
CMC claims “We listened to your feedback and have added this multiple portfolio feature as a direct result of user requests. At CoinMarketCap, we really do listen to our users”.
Capitalizing on opportunities and being early adopters of innovative technology has enabled CMC to garner a massive user base. The convenience and customization offered on its website coupled with its long-term strategy of being user-centric as opposed to product-centric will work in more ways than one. CMC understands the future belongs to purposeful aggregators that constantly build competitiveness and swiftly respond to their user base.
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