The leading meme coin on Solana, BONK, is once again gaining traction both in its market performance and ecosystem development. Recent advancements within the meme coin’s ecosystem are already showing positive effects and could potentially drive further bullish momentum for the crypto token.
BONK to be Listed on Revolut?
The Bonk DAO, the decentralized autonomous organization behind the meme coin, has successfully passed a proposal to launch the crypto token on one of the largest fintech platforms in Europe. While the specific platform has not been disclosed, there are indications that the proposed partnership is with the crypto-friendly financial company, Revolut.
The proposal also mentioned that the fintech platform has a user base of over 38 million and operates in more than 50 countries, further hinting at Revolut being the platform in question. Interestingly, the partnership aims to onboard 500,000 new BONK users, which would significantly increase the active holder base of the crypto token.
The token launch on Revolut is just the first step towards achieving this goal, with the primary focus being on the upcoming “Learn and Earn” campaign. This educational initiative is expected to launch 1 to 2 months after the token listing, allowing for organic growth with the BONK listing before engaging new users.
The only thing that seemed to be delaying this move was the passing of the proposal, which also included the completion of Vendor Due Diligence (VDD) and other legal requirements. With the proposal now passed, it shouldn’t be long before BONK gets listed on the fintech platform.
BONK: The Meme Coin of the Next Bull Run
There is a strong case for BONK to be the meme coin of the next bull run. In previous market cycles, meme coins like DOGE and SHIB saw massive gains due to their popularity. BONK is projected to enjoy a similar status, partly due to its close association with Solana.
BONK is the first meme coin created on Solana, and SOL is expected to be one of the top-performing altcoins when the bull market returns. When that happens, BONK will likely receive a lot of attention and potentially make a run of its own.
As of writing, BONK is trading at around $0.0000142, up over 10% in the last 24 hours, according to data from CoinMarketCap.
Chart from Tradingview
In today’s digital age, technology has become an integral part of our education system. From online classes to educational apps, the use of technology has transformed the way we learn. However, there is one company that is taking this transformation to a whole new level – Revolut.
What started as a simple idea of creating a digital banking platform has now grown into a $1.2 million investment that is revolutionizing education. With its innovative features and user-friendly interface, Revolut is changing the way students and educators access, manage, and utilize educational resources. In this article, we will unlock the power of Revolut and see how it is transforming education.
What is Revolut?
Revolut is a fintech startup that offers a range of financial services and products, including a digital banking platform, currency exchange, and cryptocurrency trading. Founded in London in 2015, the company has grown rapidly and now serves over 12 million customers worldwide.
In 2020, Revolut expanded its services beyond financial services and launched Revolut Education – a platform specifically designed for students and educators. This platform aims to simplify the way students and educators access and utilize educational resources, making learning more efficient and accessible for all.
How does Revolut Education work?
Revolut Education works by providing students and educators with a virtual education wallet. This wallet acts as a central hub for all educational transactions, including fees, grants, scholarships, and course materials. Students and educators can easily load money onto their virtual wallet using different payment methods, such as debit/credit cards, bank transfers, or even cryptocurrencies.
Once the wallet is loaded, students can use the funds to pay for their educational expenses, such as tuition fees, textbooks, and even online courses. This eliminates the need for students to carry cash or have multiple bank accounts, making it a convenient and secure payment method.
Revolut Education for Students
Revolut Education offers many benefits for students, making it a popular choice among the younger generation. Here are a few ways how Revolut is revolutionizing education for students:
1. Access to Educational Resources Worldwide
With Revolut’s global presence, students can access educational resources from any part of the world. Whether it’s enrolling in an online course or downloading a study material, Revolut ensures that students have access to a diverse range of educational resources.
2. Hassle-free Fee Payments
Paying tuition fees can be a daunting and time-consuming task, especially for international students. However, with Revolut, students can easily pay their fees in their preferred currency and avoid high exchange rates and transaction fees.
3. Budgeting and Savings Tools
Revolut offers various budgeting and savings tools to help students manage their finances better. With features such as categorizing expenses, setting spending limits, and even rounding up purchases to save spare change, students can learn to budget and save money effectively.
4. Cashback and Rewards
Revolut offers cashback and rewards to its users for making purchases with their virtual education wallet. This not only helps students save money but also encourages them to make more informed financial decisions.
Revolut Education for Educators
Apart from students, Revolut also offers many benefits for educators and educational institutions, making it a game-changer in the education industry. Here’s how Revolut is empowering educators with its services:
1. Simplified Payment Collection
Revolut’s virtual education wallet allows educational institutions to collect fees and payments from students efficiently. Educators don’t have to worry about handling cash or late payments, making the process more streamlined and hassle-free.
2. Efficient Distribution of Grant and Scholarship Funds
With Revolut, educators and institutions can easily distribute scholarship and grant funds to students. This not only saves time and effort but also ensures transparency and accountability in the distribution process.
3. Cost-saving for Institutions
Using Revolut’s payment platform can save educational institutions money in the long run. With lower fees and better exchange rates, institutions can cut costs and allocate funds to other areas, such as improving their educational resources.
4. Real-time Reporting
Revolut provides real-time reporting and analytics to educational institutions, making it easier for them to track expenses, manage funds, and make informed financial decisions.
Unlocking the Power of Revolut – Case Studies
Revolut’s impact on the education industry can be seen through its success stories and case studies. For instance, the University of Birmingham in the UK saw a reduction in payment processing time by 75% after implementing Revolut Education for fee collections. The university also saw improved fee payment rates and collection efficiency.
Another example is the partnership between Revolut and CodeYourFuture, a UK-based charity that provides coding training to refugees and disadvantaged individuals. With Revolut’s support, CodeYourFuture was able to streamline its scholarships and financial aid processes, making it easier for students to access educational resources.
First-hand Experience with Revolut
To truly understand the power of Revolut, we spoke with a student who has been using Revolut’s virtual education wallet for their studies. Ava* is a final year university student who is studying abroad in the US. Here’s what they had to say about their experience with Revolut:
“Using Revolut has made my life as a student so much easier. I no longer have to worry about carrying large sums of cash or managing multiple bank accounts. I can easily pay my tuition fees in my local currency, and I even get cashback for my purchases. It has definitely made budgeting and managing my finances more manageable.”
Conclusion
With its innovative features and user-friendly interface, Revolut is transforming the education industry. Its virtual education wallet is empowering students and educators alike, simplifying the process of accessing and managing educational resources. From hassle-free fee payments to budgeting and savings tools, Revolut is unlocking the power of technology to revolutionize education for the better.
*Name changed for privacy purposes.
