What is the story about?
What's Happening?
Codego Group has announced the launch of its Whitelabel Device Program, allowing crypto projects to distribute branded devices that offer daily rewards in their own tokens. This initiative aims to move tokens from exchanges and wallets into everyday life, enhancing their visibility and utility. The program builds on Codego's existing CDG Home and CDG Power Home devices, which connect to a decentralized GPU network to generate daily revenue in tokens. Under the new program, rewards are distributed in USDC through Codego's app, enabling partners to release their own branded versions with similar technology. This approach is designed to increase token adoption by providing tangible daily payouts, thereby strengthening user loyalty and creating new revenue streams for partners.
Why It's Important?
The launch of Codego's Whitelabel Device Program represents a significant shift in the cryptocurrency landscape, as it seeks to integrate tokens into daily life rather than leaving them as speculative assets on exchanges. By providing consistent daily rewards, the program aims to enhance the credibility and utility of tokens, potentially increasing their adoption across various sectors. This could lead to a more stable and resilient token economy, offering new opportunities for businesses and users alike. The initiative also opens up additional revenue streams for partners through device sales and recurring margins, while fostering a stronger connection between users and the token ecosystem.
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