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Blockchain Press Releases

Gnosis Launches Industry-Leading Rewards Program, Enhancing and Driving Gnosis Pay User Adoption

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  • The new rewards program will offer GNO holders four tiers of cashback rewards on Gnosis Pay transactions based on the amount of GNO that they hold within their Gnosis Pay Safe account

LONDON, Sept. 5, 2024 /PRNewswire/ — Gnosis, the architects of the fully EVM-compatible Layer-1 Gnosis Chain, announces the launch of an industry-leading rewards program designed to benefit GNO holders, accelerate the mainstream adoption of crypto payments, and generate further stakeholder engagement on the network.

Following the recent approval of GIP-110 Snapshot (full GIP here), the GnosisDAO will create and fund a rewards program that will offer cashback to users of Gnosis Pay, the company building rails for the next generation of banking infrastructure.

Gnosis Pay account holders who hold GNO in their Gnosis Pay Safe accounts and who satisfy the eligibility criteria set out in the GIP will receive cashback on purchases made with their Gnosis Pay Card, incentivising paying with crypto and rewarding GNO holders.  

Friederike Ernst, Co-Founder of Gnosis and Gnosis Pay, said, “We’ve been working hard to elevate and enhance Gnosis Pay to prepare its functionality for mass adoption. Building on last year’s growth of Gnosis Chain, the rewards program will bootstrap user engagement without significant costs to the DAO. More importantly, it’s also designed to attract new sticky users through a suite of products, with Gnosis Pay Card being the first. This is another step forward in realising the Gnosis 3.0 thesis, aimed at bridging the gap between blockchain technology and practical, everyday applications for the masses.”

To operate the rewards program, the GnosisDAO has allocated a pool of 10K GNO, offers the following four tiers of cashback to users who have GNO in their Gnosis Pay Safe account:

  • ≥0.1 GNO: 1%
  • ≥1 GNO: 2%
  • ≥10 GNO: 3%
  • ≥100 GNO: 4%

Users’ cashback percentage will scale between tiers but will be capped at 4%. For example, holding 5.5 GNO will earn a 2.5% cashback. There is also an extra 1% cashback available for holders of the Gnosis Pay OG NFT. Cashbacks are available on a maximum monthly spending limit of EUR 20K, USD 22K, and GBP 18K

Users do not need to do anything to claim the cashback as rewards will be automatically distributed weekly, five to twelve days after they make a card payment. The cashback percentage users receive will be calculated based on the minimum amount of GNO held in their Gnosis Pay Safe accounts during the seven days leading up to that payment.

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All rewards will be measured in the dollar value of the transaction before being distributed back to the user in GNO. The amount of GNO rewards that users receive will be based on the rate of the currency pair (USD/GNO) at the time of distribution. This process will be managed by karpatkey, leaders in Web3 treasury management who will be responsible for tracking, determining, and distributing the rewards to users.

Alongside the launch of the rewards program, Gnosis Pay has also been working on key improvements to its UX, continuously evolving to support innovative Web3 technology and help enhance user experience. Set to be unveiled in the coming months, these new updates and features will boost Gnosis Pay’s capabilities for mass adoption.

Friederike Ernst, Co-Founder of Gnosis and Gnosis Pay is available for interviews

About Gnosis
Gnosis is developed by a world-class team of leading forces in blockchain and payments. The Gnosis Chain is architected with community ownership, resilience, and credible neutrality at its core. The highly decentralised network is secured by 200K+ validators and 2K+ nodes, across 70 countries and 5 continents.

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About Gnosis Pay
Gnosis Pay is the world’s first on-chain self-custodial checking account. Through the Gnosis Pay Card, a Visa® debit card connected to a self-custodial wallet, anyone can spend their crypto at any Visa accepting merchant locations. Powered by Gnosis Chain, Gnosis Pay’s secure and open developer tools allow crypto wallets and global payment providers to easily offer their users their own in-house version of a non-custodial Visa Card and tap into the world of on-chain payments.

This Visa card is issued to non-EEA residents by Monavate Limited and to EEA residents by UAB Monavate, in each case pursuant to its licence by VISA Europe Limited. Monavate Limited is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 901097). UAB Monavate is authorised and regulated by the Bank of Lithuania as an Electronic Money Institution under the Republic of Lithuania Law on Electronic Money and Electronic Money Institutions for the issuing of electronic money (AC: LB002139). 

Website | X (Twitter)

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Blockchain Press Releases

One-Million-Strong: Bybit Card Marks Major Milestone in User Base

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DUBAI, UAE, Jan. 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to share a new milestone in user adoption of the crypto-friendly Bybit Card, now serving over 1 million card holders worldwide. Announcing over 100,000 USDT in rewards through a variety of fun challenges, the Bybit Card has officially kicked off the celebration to welcome new users and thank existing customers.

In less than a year, the Bybit Card has gone from zero to over a million global users, winning hearts and swipes with its seamless integration into the global Mastercard network, user-friendliness, and commitment to making crypto an everyday choice. As crypto adoption continues to rise, more and more users are seeking ways to spend their crypto, and the Bybit Card offers an intuitive solution with simple off-ramp features, attractive perks and cashbacks, and competitive APRs on eligible crypto balances.

To show appreciation for its growing global community, Bybit is offering exciting giveaways in an inclusive celebration from Jan. 23 to Feb 23, 2025. Here’s what’s up for grabs for applicants and users who register for the event:

  • Welcome Perk: Successful applicants will receive a virtual gift box along with the virtual card, each containing a small token of thanks in USDT, DOGE, SOL, and other sought-after tokens. Gifts are distributed on a first-come, first serve basis.
  • More Sharing, More Winning: Bybit’s regular referral program offers 20 USDT for every successful referral, and new users receive 10 USDT. During this special event, the top referrer will take home a grand prize of 15,000 USDT from the 100,000 USDT prize pool.
  • Up to 5% Cashback: Users will get to select one cashback category of their choice and enjoy up to 50 USDT or 5% cashback throughout the event, with VIP users given two categories to diversify their rewards.

“This milestone reflects the growing adoption of crypto payment solutions and our users’ trust in Bybit’s services. We are proud of this incredible achievement thanks to the amazing global crypto community.” said Joan Han, Sales and Marketing Director at Bybit. “We will continue on our mission to spread the love for crypto and support our users as they make memories with the Bybit Card.”

Starting the new year a million strong, the Bybit Card is dedicated to refining crypto-friendly payment solutions for everyday use, enriching the traditional payment system by weaving in crypto options, one transaction at a time.

Registration is required for the event. Terms and conditions apply: Bybit Card – One-Million Celebration

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#Bybit / #TheCryptoArk / #TheBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

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For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

JuCoin COO Nicolas Speaks on Why $JU is the Most Promising Ecosystem Token in Crypto

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SINGAPORE, Jan. 23, 2025 /PRNewswire/ — What makes $JU stand out in the competitive world of crypto tokens? In an exclusive interview with Nicolas, the COO of JuCoin, we uncover the strategic vision driving this game-changing token. As the cornerstone of JuCoin’s ecosystem, $JU is poised to transform user experiences and solidify its place as the most promising ecosystem token in the crypto space today.

Interviewer: Nicolas, thank you for joining us today. JuCoin has been making waves in the blockchain space, and $JU is already generating significant buzz ahead of its launch. With so much anticipation, what sets $JU apart and positions it as the most promising ecosystem token in the market right now?

 Nicolas: Absolutely, and thank you for having me. We’ve always envisioned $JU as more than just another platform token—it’s the core of JuCoin’s entire ecosystem. What sets $JU apart is its deep integration across all facets of JuCoin’s ecosystem.

 First, $JU offers unparalleled versatility. It powers token launches, provides transaction fee discounts, facilitates governance, enables staking, and rewards active participants. Additionally, $JU is a gateway to accessing JuCoin’s high-quality ecosystem projects.

 Unlike many tokens that serve a single purpose, $JU seamlessly bridges the gap between being a utility token for users and a valuable asset for ecosystem projects. This multifaceted role ensures that $JU isn’t just a token—it’s the lifeblood of JuCoin’s innovation. We’re confident this level of integration and utility will set $JU apart in the competitive crypto space.

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Interviewer: With so many platform tokens in the market, what makes $JU stand out, and why do you think it will succeed in the long run?

 Nicolas: What truly makes $JU stand out is its unique position within JuCoin’s ecosystem. Unlike many purely transactional tokens, $JU is designed to be a central utility token that fosters long-term value creation. It’s not just about holding a token—it’s about actively participating in the entire JuCoin ecosystem and unlocking exclusive benefits.

 In addition, $JU serves as the native token of JuChain, the blockchain infrastructure we are building to empower the decentralized ecosystem of the JuChain network. This means $JU will have a dual role: fueling the innovation within JuChain’s decentralized framework while continuing to serve as the core asset in the JuCoin exchange. Here, it gives users privileges like transaction fee discounts, governance rights, staking opportunities, and access to high-quality projects.

 Over time, this multi-functional design positions $JU as a true ecosystem token — one that bridges transactional utility, long-term rewards, and governance, ensuring its relevance and success for years to come.

Interviewer: Looking ahead, how does JuCoin envision $JU in the context of its 2025 strategy? What role do you see it playing as the platform grows?

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 Nicolas: By 2025, JuCoin aims to become a global leader in both crypto trading and blockchain development, with $JU positioned at the heart of this transformation. A major part of our strategy is the development of JuChain, an integrated blockchain infrastructure that will support the next generation of decentralized applications, tool innovation, and infrastructure development. As the gas token of this ecosystem, $JU will fuel its growth.

 Additionally, our launchpad will play a critical role in onboarding high-potential projects, and $JU will be the key to gaining early access to these token launches. Beyond that, $JU will integrate deeply into our governance structure, enabling holders to vote on important decisions and directly influence the direction of the ecosystem.

 In essence, $JU is designed to power the entire JuCoin ecosystem—from blockchain infrastructure to decentralized applications and token launches. It serves as the unifying medium, aligning all stakeholders and creating new opportunities for everyone involved. We firmly believe it will be the cornerstone of our success and innovation moving forward.

Interviewer: Finally, for those who are looking to get involved in $JU and JuCoin, what message do you have for them?

 Nicolas: $JU is an opportunity to actively shape the future of the crypto ecosystem. Whether you’re a trader or a project developer, $JU offers a unique chance to participate in something much larger than just a token—it’s about becoming part of an innovative, growing platform.

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 As JuCoin continues to expand and build its ecosystem, $JU holders will be positioned to benefit from everything the platform has to offer. If you believe in the future of blockchain and want to be part of a dynamic ecosystem, $JU is the token to watch.

 For crypto enthusiasts, we encourage you to follow us on our social media channels as we prepare to launch $JU and the JuCoin launchpad in the near future. Stay tuned—it’s just the beginning of an exciting journey.

Follow Twitter: https://x.com/JuCoinex
Join Telegram: https://t.me/jucoinex
Visit the website: www.jucoin.com

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Blockchain Press Releases

Bybit P2P’s Third Anniversary Celebration Culminates in Rewards Bonanza

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DUBAI, UAE, Jan. 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, officially marks the 3rd anniversary of its P2P platform with a celebration of user achievements. The Grand Finale campaign runs through Feb. 2025, featuring a 100,000 USDT prize pool.

This final reward phase caps off Bybit P2P’s series of festive giveaways that began in late 2024. The platform achieved major milestones in 2024, reaching a single-day record of 400,000 active users and a daily trading volume peak of $130 million, demonstrating its growing appeal among P2P traders globally.

From now to Feb. 28, 2025, Bybit P2P users stand to get to make the most out of their trades and share their achievements for rewards in two events:

  • Trade to Enter the Lucky Draw: Users may sign up for the event, complete simple tasks to qualify for Lucky Draw Tickets. Prizes include Apple products and bonuses in airdrops. First-time depositors will also receive a 10 USDT P2P coupon for the first deposit of 20 USDT.
  • Spread the Joy for More Rewards: Bybit P2P is honoring individual members of the community by introducing the personalized Bybit Annual Report, generated upon request by users. Each Bybit Annual Report showcases the user’s 2024 achievements and performance on Bybit P2P. Eligible users can win from a 10,000 USDT prize pool by sharing their report with the hashtag #BybitP2PTrading and completing a reward redemption form.

“We are bringing the celebrations home with a focus back on our customers,” said Joan Han, Sales and Marketing Director at Bybit. “The rewards and recognition are dedicated to each one of our Bybit P2P users, and we hope to share in a moment of reflection of their trading journey and successes in the past year.”

Bybit P2P is committed to delivering personalized rewards that cater to the unique needs of different user segments. From now to Feb. 11, 2025, the Bybit P2P Peer Spin Carnival is offering a 20,000 USDT prize pool exclusively for select markets in South Asia. This limited-time campaign runs in parallel to the Bybit P2P 3rd anniversary celebrations, where eligible users can win prizes ranging from popular memecoins to 0.001 BTC by simply registering, completing simple tasks, and participating in the lucky draw.

P2P trading helps democratize finance by allowing users to buy and sell cryptocurrencies directly with each other, and on Bybit P2P, using their preferred local payment methods with access to Bybit’s 24/7 user support. Through Bybit’s P2P platform, users from diverse economic backgrounds can participate in the digital economy with minimum intermediaries. Bybit P2P’s user-friendly interface and comprehensive features and offerings continue to serve a thriving global community, making digital assets more accessible to everyone.

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Registration is required, and terms and conditions apply: The Grand Finale: Bybit P2P 3rd Anniversary Celebration.

#Bybit / #TheCryptoArk / #BybitP2P

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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