According to the press release released on 24th May, Dash announced a partnership with Rewards.com. With this, users can not only earn Dash but will also be able to make purchases on Rewards.com using Dash.
However, using Dash as a payment option will be made available in Q4 this year. This will also make Dash the first cryptocurrency to be used as a payment method on Rewards.com.
Rewards.com is a popular US-based online marketplace which allows its customers to earn a certain percentage of cash back on the purchase of the items available on the platform. It brings together over 100,000,000 products and 7000 existing merchant relationships with restaurants, retail, entertainment, travel and more that allows customers to earn and use RWRD token. These tokens can then be used to make further purchases.
Dash is the leading e-commerce and payments-focused digital currency, which has been consistently ranked in the top ten digital currencies by market capitalization. It is one of the few platforms offering safe, decentralized financial solutions to real-world problems.
In an exclusive with AMBCrypto, CEO and Co-Founder of Rewards.com, Todd Rowan said:
“The remarkable aspect of this partnership is we are introducing people to cryptocurrency in a non-threatening way.”
He further explained that the rewards can be kept in the ecosystem and redeem it for products, travel, restaurants, or gift cards.
“The earnings from Rewards.com will help you to start to learn about how to use cryptocurrency, including trading it on the market for Bitcoin or cryptocurrencies. Rewards.com takes us one step closer to global mainstream acceptance of cryptocurrency.”
Currently, Dash earned through purchases can either be transferred to an off-site wallet or stored in the Rewards.com account for future purchases.
Global Head of Business Development at Dash Core Group, Brad Zastrow said:
“This is the next step for Dash in our goal of achieving widespread mainstream adoption. The partnership with a high caliber business like Rewards.com lowers the barrier to entry by eliminating the complication for those unfamiliar with digital asset exchanges.”
This partnership is a revolution for the platform as it has never been implemented on this platform before. It will help users explore alternative payment options and add value to the loyalty reward programs.
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