Reward System

I think Bitcoin is a really good example to use when it comes to the reward system because of it's growing base of users. Bitcoin achieved a rise in 2020 Bitcoin prices rose to about $30,000.00. The primary reason for their price rise is because investor's. Many large-scale institutions have been so successful when using Bitcoin and it encourages to come back by it's brilliant usage of rewards. (Urquhart).

The reward system plays a huge role in learner monitoring and motivation. In our week 5 lecture we talk about how DLT uses cryptocurrencies to shape behavior, provide rewards, and increase learner participation. There are several different forms of digital currencies that encourages people to continue to come back. Token-omics is one form that is used to increase learners participation and a understanding of how cryptocurrencies are supplied. The use of cryptocurrencies is encouraging for people all around the globe to utilize because it's an easy way to exchange your money for more value for many Countries.

Urquhart, Andrew. Bitcoin: why the price has exploded-and where it goes from here. January 7, 2021.