The global financial super app Revolut, which has over 20 million users globally, increases the number of cryptocurrencies it offers to consumers and continues to expand its instructional tool "Learn & Earn," utilized by almost 2.6 million cryptocurrency enthusiasts since its March 2022 launch.
With the ability to immediately transfer money, invest, and open savings accounts using its application, and spend and handle money through cards both online and in-person, Revolut's services look to be a type of substitute for traditional banks. The growing expansion of customers' crypto portfolios shows how popular the crypto functionality is.
The 1inch Network and Revolut collaboration is aimed at developing a three-lesson course that is structured and serves as a universal access point into decentralized banking. These three courses concentrate on three aspects of DeFi. The aspects include the operation of decentralized exchanges, the operation of 1inch's pathfinder algorithm, and the crucial aspects of decentralized autonomous organizations (DAO) governance.
According to Sergej Kunz, co-founder of 1inch Network, DeFi education is necessary since it fosters greater broad adoption. He further stated that,
“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.”
The program, a component of Revolut's education initiative, aims to educate users about the assets that the neobank offers. Revolut claims that only users of its cryptocurrency products have access to the "Learn & Earn" courses on cryptocurrencies. Thus, the course is understandly exclusive for Revolut users only.