The developers of the custodial Crypto Wallet integrated into Telegram have launched a loyalty program to reward active users of the service.

Participants earn points for daily interactions on the platform, which unlock access to multi-tiered prize boxes. Seasonal competitions will also be introduced based on a leaderboard for the most points earned.

During certain periods, time multipliers and promotional campaigns will allow users to earn increased rewards.

The first season of Wallet Rewards will run from April 16 to May 20, with a total prize pool of $500,000. This amount will be distributed among the prize boxes and competition leaders on the leaderboard. Payouts will be made in stablecoins and several other tokens.

In the future, the program will include discounts on fees, enhanced earnings from Earn, partner bonuses, and exclusive opportunities.

Overall, the team plans to distribute millions in rewards among its users.

As a reminder, at the end of February, the developers of the wallet launched storage for Bitcoin, Ethereum, and USDT to generate passive income.