What is Rewardable?

Symbol: REWARD · Market cap rank: #10686

Short answer

Rewardable (REWARD) is a cryptocurrency currently ranked #10686 by market capitalisation. It is classified as Task-to-Earn Platform.

Source: isthiscoinascam.com

Overview

Rewardable is a task-to-earn platform that integrates AI to facilitate connections between verified users and Web3 brands. Users can earn the native utility token, $REWARD, by completing various online tasks, including social media engagement, surveys, content creation, and beta testing. The platform operates on the Base chain and utilizes LayerZero for omnichain capabilities.

The $REWARD token is an ERC-20 Omnichain Fungible Token with a deflationary mechanism, wherein a percentage of task-related fees is burned to decrease circulating supply. To establish credibility, Rewardable employs an IDscore reputation system that assesses user reliability based on task completion, social media activity, and wallet interactions.

Launched: 2023

Headquarters: Dubai, United Arab Emirates

Scam-risk analysis

Rewardable has a moderate score — some risk signals were raised but no critical concerns. Is Rewardable a scam?

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