CoinStats Unveils Novel Updates During Its Highly Successful “The Big Big Spark” Live Event

Scott CookApril 11, 2022Last Updated: December 5, 2023

Tags

CoinStats Unveils Novel Updates During Its “The Big Big Spark”

Leading cryptocurrency research and portfolio tracking app CoinStats recently organized an enormous event to celebrate its “revolutionary” product updates. Dubbed “The Big Big Spark,” the live event was hosted by the CoinStats team on April 8, 2022, rolling out an avalanche of product updates. During this highly subscribed event, the CoinStats team explained its new features and gave away 100 unique NFTs to participants.

According to the CoinStats team, the 100 exclusive NFTs are just beginning a new era of unique rewards, and massive rehauls for the expanding CoinStats ecosystem. CoinStats revealed new features throughout the live event, including the new CoinStats Rewards program, designed to reward users for discovering CoinStats in its full glory.

With the CoinStats platform currently evolving rapidly, community members often miss out on the platform’s diverse range of features and channels. The CoinStats Rewards program will incentivize users to play around with the array of features and products offered by CoinStats. The more you interact with the app, the higher the chances of earning more rewards. The CoinStats team will keep listing new “quests” under the Rewards program. Completing these quests will fetch you “⚡Sparks” that can later be leveraged to access a wide variety of rewards.

The overhaul of CoinStats’ homepage on the official website marked another big update unveiled via The Big Big Spark event. As part of the new design, users can now explore their favorite tokens and important crypto news from the homepage itself. Then there was the CoinStats Stories update, which introduced a new social and fun feature. Under CoinStats Stories, you’ll be able to view trending memes and the latest market hype related to blockchain, crypto, NFTs, metaverse, and Web 3.0.

Finally, the Swapping 2.0 update was displayed, offering CoinStats users the ability to trade and exchange tokens directly on the CoinStats platform without leaving the website and app or moving to other exchanges. With this new feature, CoinStats users can research and trade from the same place, making the entire process much easier and straightforward.

CoinStats registered promising growth in 2021, as the total number of users on the platform grew by more than 8x to surpass 1.2 million. As of date, the platform tracks more than $500 billion worth of digital assets. The platform already supports almost every major cryptocurrency exchange, including Coinbase, Binance, and approximately 400 others.

CoinStats seeks to accelerate the development of its new features as the platform pivots to enable decentralized finance (DeFi) use cases for its growing user base. Overall, the community remains hyped about these new updates, evident from the success witnessed at The Big Big Spark event.