December 21st was the finally for Coinbase’s 12 day giveaway program they held this month. While some of the offerings from the ever popular cryptocurrency exchange embodied the holiday spirit of giving to others, some of them were a bit lacking.
The giveaway did lead towards a charitable giveaway, with Day 2 dedicated to donation a total of $10,000 in Zcash (ZEC) to impoverished families living in Venezuela. The country has been in constant turmoil during the past year with major hyperinflation that has left far too many families unable to afford any sort of basic amenities. A large number of citizens have begun to turn their sights to cryptocurrencies as a store of value and a way to make charitable donations.
Another donation was made but with Bitcoins this time, $10,000 given in support for a project developing a basic income scheme for 150 Syrian refugees living in Greece who cannot access any sort of mainstream financial system at the current moment.
Coinbase was successful for those days, using the event as a fantastic way to attract attention to humanitarian efforts by using cryptocurrency, mostly done through GiveCrypto.com.
During day 9 and 10, Coinbase offered privileges for its clients. Any members of Coinbase Pro would be capable of trading Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL).
Another initiative by the name of ‘Coinbase Earn’ was also established, allowing users to ”earn cryptocurrencies while learning about them in a simple and engaging way.” While this may sound quite interesting, this option was an invite-only option for the select few users they chose to reach out through email.
US-based Coinbase customers would benefit from several of the more practical newly included features during the 12-day period. Said benefits were, to withdraw funds straight to ones PayPal accounts, and using the e-gift card features for Uber and Nike among other retail outlets, which was previously only available for those living in the EU and UK.
Overall, Coinbase gave it’s customers some interesting gifts but still lacked any sort of real substance, and hopefully, they’ll make room for improvements during the next year. Even so, the gesture was nice and I’m sure there still many customers who appreciate the offerings.
Did you enjoy Coinbases giveaways?
Let us know your thoughts