Yoroi Wallet, a leading light wallet for the Cardano blockchain, and Bring, an innovative white-label cryptocurrency cashback service provider, have joined forces to join forces and bring Cardano users closer together with global retailers by rewarding users with cashback from purchases at more than 775 international retailers worldwide.
How Cardano Users Can Benefit
Yoroi Wallet users will now have an opportunity to earn up to 10% back in ADA rewards from purchases from iconic brands such as Vaio, JBL, StockX Samsonite and Nubul. Cashback activation can be activated seamlessly during checkout by simply clicking, giving users the freedom to apply their preferred payment methods and reap ADA rewards with ease.
Vineeth Bhuvanagiri, the Managing Director at EMURGO (the organization behind Yoroi Wallet), expressed their enthusiasm about this venture by noting its integration as a significant milestone. This provides reward-rich shopping experiences for ADA holders by taking advantage of purchases at major brands in order to passively benefit from investments, not only rewarding users but also furthering adoption and use of ADA in everyday transactions.
Meir Zohar, CEO of Bring, highlighted the strategic value of Yoroi Wallet as a partner to increase Bring’s platform’s reach and introduce more users to blockchain technology for mainstream shopping purposes – potentially speeding up Cardano adoption in retail environments.
Bring’s innovative crypto cashback model on web3 wallets and exchanges is an important milestone in Cardano ecosystem. Notably, this initiative was funded through Catalyst program of Cardano to encourage mass adoption of its blockchain.
Yoroi Wallet and Bring are teaming up to bring an initiative later this year that could significantly bolster the value of ADA coins for their holders, increasing real world applicability and appeal of cryptocurrency assets like ADA. By linking ADA with tangible shopping experiences, this partnership expands ADA’s real world applicability.
At the time of publishing, ADA was trading at $0.3621 – reflecting an active and developing Cardano market.