CoinTrade and “MOPPY,” a point-earning site with 9 million users, now support converting points into IOST coins.
CoinTrade, a Japanese licensed exchange, announced in December 2022 a service to exchange points of MOPPY, a point-earning site operated by its sister company, into IOST coins. CoinTrade aims to increase and expand the number of crypto users with this new approach to asset management through the use of crypto assets and the exchange of points.
“Next generation asset management” on Web 3.0
MOPPY is one of Japan's most important point sites, with a cumulative total of over 9 million users who can exchange points for cash, electronic money, and other rewards. Users earn points by using advertisements, playing games, conducting surveys, watching videos, and other content. Points earned on the site can be exchanged at a rate of 1 point = 1 yen and converted into more than 30 types of cash, including various electronic money, gift certificates, airline miles, and cash through bank transfers.
MOPPY points can be exchanged into crypto assets starting from 500 points, with 1 MOPPY point worth 1 yen. As of January 2023, the site supports ten types of crypto assets, including IOST coins.
- Exchangeable quantity:500P~20,000P
- Crypto assets eligible for exchange: IOST (IOST), Palette Token (PLT), Cardano (ADA), Polkadot (DOT), Tezos (XTZ)
- Minimum exchange point:500P
- Exchange ratio:1P=1 yen equivalent
- Exchange days: 1 to 4 days
- Commission fee: No charge
*Above service is only available to residents in Japan
About CoinTradeStake
CoinTradeStake is a service that allows users to manage crypto assets (blockchain) with a single smartphone. The system in which users are rewarded for holding crypto assets and contributing to the maintenance of the blockchain network is called “staking” and is attracting attention as the “next generation of asset management” that will become the infrastructure of the coming Web3 era
About IOST
High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.
Backed by significant financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflects our genuine desire to be the best in the sphere.
Being one of the public chain leaders in adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has an ever-expanding 500,000 members community in over 20 countries, over 400 nodes, a top-tier staking ecosystem, and symbiotic relationships with corporations dotted worldwide.
If you would like to hang out with the IOST community on chat, or social media or discuss product development, we have something for everyone:
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