Coinbase, one of the leading cryptocurrency exchanges has just purchased Earn.com, a major company in the bitcoin industry
Coinbase has been a favorite among many cryptocurrency investors, especially those who are unfamiliar with the industry. Coinbase arguably has the most user-friendly and easy to use exchange which has given it its popularity and vast user base.
In recent times, Coinbase has been announcing many business-related deals and new updates coming to their platform in order to stay competitive. Today Coinbase announced that they have acquired Earn.com.
Earn.com has created a product which allows companies to purchase email replies from relevant individuals. This is an alternative to buying email lists and hoping someone replies. Users of Earn.com, the ones who receive emails, in return gets rewarded in Bitcoin for replying to relevant emails.
Coinbase sees huge potential in the already successful Earn.com, this was written on the Earn.com blog today
Paid email is already one of the first truly useful applications of the blockchain. With Coinbase, we think we can prove that at scale.
Details of how much this deal was, has not been publicly announced, but rumors are flying around that the deal is around $100-$120 million dollars.