Crypto Wallet on Telegram launches a $500,000 rewards program for active users, offering points for engagement and seasonal competitions.
The custodial Crypto Wallet developers, integrated within Telegram, have unveiled a new loyalty initiative aimed at rewarding its active user base.
Users can accumulate points through daily engagement on the platform, which will grant them access to various prize boxes. Additionally, the program will feature seasonal competitions that track users' points on a leaderboard.
Special promotional events will offer time multipliers, enhancing the rewards users can earn during specific intervals.
The inaugural season of this Wallet Rewards program is set to take place from April 16 to May 20, boasting a total prize pool of $500,000. This sum will be allocated among the prize boxes and top performers on the leaderboard, with payouts made in stablecoins and other cryptocurrencies.
Looking ahead, the program will expand to include fee discounts, improved earnings from the Earn feature, partner bonuses, and exclusive opportunities for participants.
The team has plans to distribute millions in rewards to its users over time. Notably, in February, the wallet developers introduced features for storing Bitcoin, Ethereum, and USDT to help users generate passive income.
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