Coinbase gives college kids $10 of bitcoin in bid to spur virtual currency usePosted: May 15, 2014
In a blog post this week, the well-funded San Francisco start-up announced it’s giving $10 worth of bitcoin to those with a “.edu” address who sign up for a Coinbase account, and that it hopes the giveaway will “spur the growth of the ecosystem.”
The promotion, which was inspired by a similar giveaway at MIT, is not a bad idea since colleges are full of early adopters and because the offer will let the company tout a growing number of Coinbase-related apps, which include a Reddit-tipping tool and an SMS-based payment service.
Coinbase is also trying to add a touch of college rivalry to the promotion with a leaderboard that currently shows the University of Illinois out front, followed by the University of Texas…
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