Bitrabo Editorial
The Yoroi Wallet, a prominent light wallet for Cardano, has established a partnership with Bring, a white-label crypto cashback service. This alliance is set to enhance connections between the Cardano community and global retail, enabling users to earn ADA as cashback when shopping with more than 775 international merchants.
Opportunity for Passive Earnings in ADA
The forthcoming integration will allow Yoroi Wallet users to earn as much as 10% cashback in ADA from shopping at popular brands like Vaio, JBL, StockX, Samsonite, and Nubul. Users can use their credit cards or preferred payment methods to make purchases. The process is straightforward: shoppers can activate the cashback feature through a simple click on their wallet during checkout, facilitating the passive accumulation of ADA.
Great news for #Cardano!
We’re teaming up with @BringWeb3 to allow for passive ADA earnings via shopping rewards!
Users can earn ADA “cashback” while shopping with over 775 global retailers pic.twitter.com/RkLEYquPvK
— Yoroi W₳llet (@YoroiWallet) October 21, 2024
“This integration provides a truly seamless experience for users,” remarked Vineeth Bhuvanagiri, Managing Director at EMURGO, the organization behind Yoroi Wallet. “Our partnership with Bring represents an exciting opportunity in the realm of crypto rewards, enabling Yoroi Wallet’s ADA users to gain benefits from their assets through eligible shopping activities with well-known brands.”
Meir (Iri) Zohar, CEO of Bring, highlighted the strategic significance of this collaboration: “Partnering with Yoroi is crucial for broadening our platform’s reach and delivering more value to users. Together, we are unlocking the capabilities of blockchain technology for everyday users, simplifying the process of earning and utilizing ADA in real-world transactions. We envision that this partnership will accelerate Cardano’s acceptance in the retail market.”
Bring has pioneered the first white-label crypto cashback service for web3 wallets and exchanges. By collaborating with Bring, wallets and exchanges permit their users to earn various cryptocurrencies, including ADA, as cashback at over 775 retailers in sectors like fashion, electronics, jewelry, travel, software, home decor, and beauty.
This partnership marks an important advancement for the Cardano ecosystem. By integrating ADA’s blockchain technology into daily shopping experiences, this alliance merges decentralized platforms with traditional commerce.
This innovative project has been supported by the Cardano Catalyst program, which provided funding to help Bring integrate into the Cardano ecosystem. The Catalyst initiative aims to empower projects that promote the broader adoption of Cardano.
The integration between Yoroi Wallet and Bring is anticipated to launch later this year, representing a new chapter for ADA holders looking to enhance their asset utilization. By connecting digital currency with retail opportunities, this partnership offers a practical application for ADA and improves its everyday utility.
At the time of publication, the price of ADA was $0.3621.
