A crypto protocol called Whales Market lets people trade their loyalty points from using apps, like Starbucks points, for money. This has been very successful and made many people a lot of money in 2024. Loyalty points in crypto are when you get rewards for using an app more often. Read from source...
- The title is misleading and sensationalized. It suggests that traders are making huge profits by swapping loyalty points for crypto, but it does not specify what kind of loyalty points or how they are acquired.
- The article uses vague terms like "airdrop" and "DeFi protocol" without explaining what they mean or how they work. This makes the content inaccessible to readers who are not familiar with these concepts.
- The article compares crypto loyalty points to Starbucks points, but they are fundamentally different. Starbucks points are based on purchases and have a fixed value, while crypto loyalty points are based on engagement and have variable values that depend on market demand and supply.
- The article claims that loyalty points in crypto may onboard retail through familiarity, but it does not provide any evidence or data to support this claim. It also ignores the potential risks and challenges of using crypto assets, such as volatility, security, and regulatory issues.
- The article has a positive tone and promotes the idea that loyalty points in crypto are a fad and a trend, but it does not provide any critical analysis or balance. It also fails to mention any alternative or competing solutions in the market.