In the year 2013, CMC became popular as a crypto price tracing site and since then, it has maintained its reputation. Crypto investors consider it to be the most reliable source for tracing the price of the digital asset.
But now, the data aggregator site is planning to venture into an educational sector to offer more comprehensive educational content to help the newcomers.
CoinMarketCap believes that at the initial stage, cryptocurrencies were considered to be niche interests but currently, the situation is not the same. Also, the digital assets are not mainstream for the people, instead, they are somewhere in the middle of the two situations.
In order to support the crypto revolution around the world, the price tracing site is planning to introduce a platform to educate all those people who visit CMC site to get to know about emerging technologies.
One of the representatives of CMC, while talking about educating people, stated, “We are first trying to provide the educational building blocks that will help those new to the crypto space become more familiar with key concepts that many crypto enthusiasts already take for granted.”
The new CoinMarketCap Platform, CMC Alexandria acquires its name from the second century B.C. where there was an Ancient Library of Alexandria.
CMC Alexandria comprises of a glossary, articles which offer basic information about cryptocurrencies, tech deep-dives, and one section would be there fully devoted to decentralized finance.
CMC representative further stated that although the aim of the platform is to offer facts regarding cryptocurrency, it would also provide information about the recent and relevant development in the market.