Revolut Adds Meme Token Bonk as Part of Learn and Earn Campaign

Revolut, one of the largest and most popular neobanks, is preparing to introduce bonk token into its Learn and Earn program, one of the meme tokens on Solana that has received the most attention in 2023.

The educational learning campaign accompanying the launch aims to teach new investors about cryptocurrency, potentially encouraging them to explore bonk as an investment opportunity.

In a recent statement, BONKDAO team, the creators of bonk, announced a partnership that anticipates a significant increase in users through the ‘Learn and Earn’ campaign.

– The focus of the campaign will be to onboard 500,000 new users, significantly increasing the base of active holders through the Learn and Earn campaign – they stated.

Some crypto projects already in the Learn and Earn program include Algorand, Near, Avalanche, and 1inch.

Users earn rewards by participating in learning activities about the project. For example, regarding Avalanche, users can access an informative three-page guide about the project and a short quiz to assess their understanding.

The quiz questions are straightforward. After correctly answering the questions, users immediately receive a small amount of cryptocurrency credited to their Revolut account. It is important to note that users have an unlimited number of attempts to answer the questions.

BONKDAO explains that there will be two phases in the user acquisition plan on Revolut.

– There will be 2 waves of user acquisition. The first will be the token launch with organic growth for 1 to 2 months. The second will be the L&E campaign to onboard new users – they clarified.

However, in December 2023, Revolut temporarily suspended some of its crypto services for business users in the United Kingdom.

The decision came in response to the announcement by Financial Conduct Authority (FCA) regarding new rules for crypto assets that are to be implemented this year.

Despite taking active measures to promote user compliance with crypto regulations, Revolut has partnered with crypto tax provider Koinly.

At the time of publication, the price of bonk is $0.00001424. Over the past week, the price has increased by 35 percent.

Meanwhile, bonk was launched into the ecosystem in December 2022 through a massive airdrop. The meme project has over 131 integrations across nine blockchains.

However, these partnerships enhance user benefits across various platforms. It has been reported that a few days after the launch of bonk, 20,000 new wallets joined the Solana ecosystem.