South Korean cryptocurrency exchange Bithumb announced on Friday it has launched a learning platform called “BG Learning.” According to Bithumb, the platform uses the capacity of new investors in the crypto community to make more informed and properly thought out decisions while making investments. The platform’s description reads:
“[The platform] is a full-fledged interactive learning platform that allows the users to learn about projects, associated risks, and the opportunities of investing in these particular projects. There will be scope for discussions among peers as well as communication and clarification from experts from the field of crypto and tech investment in general.”
Bithumb further explained that the BG Learning platform operates on the basis of a voting system and a mechanism for rewarding the more competent dedicated learners. The platform has voting events hosted periodically for its users and the number of votes for each user is determined on the basis of the number of assets held and the quantum of transactions carried out by the user.
“However, all votes are not accounted for. The votes of users for specific projects will be accounted for only when the user is able to answer questions about the project correctly, demonstrating an understanding of the various aspects of the project.”
Bithumb went on to add that the platform allows learners to get a practical hands-on investing experience without a certain degree of buffer against inaccurate understanding about the projects. Continued learning is ensured through constant incentivization. This gives them a great deal of knowledge about the crypto sector and the important aspects of projects that need to be understood before investing.
Bithumb is a digital asset exchange that was launched to meet the “diverse needs” of users from around the world. The platform uses deep resources and technology to provide a range of services, including digital asset exchange, digital asset issuance, blockchain project incubation, and decentralized financing.