Today, Robinhood ($HOOD) users have the opportunity to get AVAX tokens by taking part in its inaugural blockchain learn-and-earn initiative. Back in August, Robinhood made it possible for customers to trade, deposit and withdraw AVAX tokens.
Robinhood has enabled a new cohort of people to become involved in financial services and stock trading, because of its no-cost fees and user friendly interface. Now, the firm is attempting to do the same with digital currencies, encouraging an increase in usage. This surge mirrors the advancement of Web3; Charles Schwab’s research found that 33% of Millenials and Gen Z have bought cryptocurrency, compared with only 4% of Boomers. Moreover, 22% of Gen Z and 15% of Millennials have made their first investments via an app such as Robinhood.
The Avalanche module assists participants in understanding the differences between Avalanche and other blockchains quickly. These distinctions include Avalanche’s:
- Near-instant transaction finality, which is the fastest among all blockchains
- Unique approach to infinitely scaling the platform to empower mass adoption
- Novel Subnet architecture that is enabling individuals and enterprises like Deloitte and Lemonade to build custom, application-specific blockchains
- Superior interoperability with the core building blocks of DeFi and digital collectibles today, as well as its ability to expand support for any emergent language or ecosystem
Robinhood Crypto has employed the Avalanche campaign in a crucial period for crypto, providing users with educational materials that cover the fundamentals and also demonstrate revolutionary developments.
“It is excellent to see an industry leader like Robinhood taking charge to put education at the forefront of its user experience, so that their customers can become more educated investors, and users of AVAX. We’re excited to be the first feature of Robinhood’s learn-and-earn program, which will help to make crypto more accessible and onboard new users into the growing Avalanche community.”
– John Nahas, VP of Business Development at Ava Labs
