The developers of the custodial wallet Crypto Wallet, integrated into Telegram, have launched a loyalty program to reward active users of the service.
Participants earn points for daily interactions within the platform, which subsequently unlocks access to multi-level prize boxes. Seasonal competitions based on a leaderboard of points earned are also introduced.
During certain periods, temporary 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. These will be distributed among the boxes and competition leaders from the leaderboard. Payouts are made in stablecoins and a range of other tokens.
In the future, the program will include discounts on fees, increased earnings from Earn, partner bonuses, and exclusive opportunities.
Overall, the team plans to distribute millions in rewards among its users.
Back in late February, the wallet developers launched storage for Bitcoin, Ethereum, and USDT to generate passive income.