For all the buzz generated by decentralized finance (DeFi) and all its wondrous new products and offerings, for many everyday consumers, crypto and other DeFi breakthroughs are still inaccessibly complex. This poses a major problem for fintechs and crypto exchanges, which tend to enjoy enthusiastic but narrow user bases.
Digital bank Revolut and decentralized exchange aggregator 1inch are making moves to address this information inequality in the retail investment world. With the launch of their new joint “Learn & Earn” crypto course, consumers will come away with a solid understanding of the principles of DeFi, preparing them to take financial advantage of the latest developments in the market.
As 1inch’s Co-Founder Sergej Kunz put it, “DeFi education is vital as it drives further mass adoption. We are super excited about the course we are launching with Revolut, and we also hope it’ll pave the way for our in-depth collaboration.”
In a move that both companies hope will drive interest in the course, students of “Learn & Earn” will have 1inch crypto tokens added to their Revolut crypto accounts. Between easy access to this currency and the knowhow needed to navigate 1inch’s pathfinder algorithm and decentralized autonomous organizations, there may soon be a vast new user base that can drive a new era of success for fintechs.