Generating passive income is pretty awesome because passive income feels a lot like getting free money; you don’t have to do much to earn it.
In the eyes of many, passive income involves investments or renting out goods that others may need or enjoy using. However, this medium you are about to discover tops it, as after the initial installation and setup, the follow up requires zero effort to generate credits (a.k.a cash), The mobile phone application does it all for you.
The truth is that investments are a complicated matter for most people. Typically, they prove the adage that in order to make money you need to have money. In reality, not everyone has enough cash sitting around to drop into stocks, buy real estate, or toss into high yield savings accounts. What’s worse, except for the savings, the other options aren’t even guarantees.
So, here is an excellent solution because you don’t have to do anything. Just install the app on your devices and turn it on when you are willing to share bandwidth.
Honeygain: this company developed a unique application that helps its users make money online by sharing their internet connection with data analysts. This website and its application allows its users to reach their unused internet's full potential in the most convenient way.
Setting it up is very easy as well - simply install the application on any device and connect it to the internet. According to their estimator, by running Honeygain you will get $1 for every 10 GBs shared It works automatically so your earnings are unlimited.
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HOW DOES HONEYGAIN WORK?
Honeygain gives rewards in exchange of a small amount of your network connection and device’s resources. For such an arrangement to work, it require access to a limited amount of your personal data.
They categorize the data gotten access to from users worldwide through their application into the following categories:
User Email. It is used as your user name and is necessary to log-in into the honeygain application. The Email is also used to contact users regarding important announcements related to individual accounts and service updates.
User Payment Information. Necessary for transferring collected rewards to user preferred account. They process information depending on user choice of payment method (bank card, Wire payment or WebMoney payment).
Device Information. User IP address, operating system version, device model, charging state, last seen timestamp and location (city and country). This informations is used to check if user device resources can be used and for accessing and collecting data from public internet resources.
Network Information. It's need to know if user Wi-Fi is on or off, to avoid engaging user device when it is using cellular data. All of the above information provided is necessary for the performance of the contract between individual users and honeygain.
WHERE DOES THE TRAFFIC COMES FROM?
The traffic comes from their approved business partners who run web intelligence, market research and content delivery services- as the queen bee knows her bees, they know what every partner uses their network for.
HOW IS THE INTERNET USED?
Data scientists will use Honeygain’s users internet data to extract knowledge and insights to solve complex problems to find solutions for market research, ads verification, brand protection, pricing intelligence, travel fare aggregation, and SEO monitoring.
IS IT SAFE?
Honeygain’s app connection is encrypted and perfectly safe for any device, guaranteeing private information is unreachable. So be rest assured and make money from home through your smartphone and Computer without any security threats.
HOW DO I START EARNING?
To start earning, you need a smartphone phone or a computer but if you have both then more money for you the set up is as simple as it get, all you need to do is sign up here Official Website input your Email and password, click signup. Revert back to your email inbox to verify your profile for activation. Then proceed to downloading your device compatible application to start generating your passive cash, that's all it takes
Notes: Android users are required to deactivate battery optimisation for the application to run smoothly in the background to maximize earnings. Doing this has zero effect on your phone's performance and battery life.
HOW DO I INCREASE MY EARNINGS?
By inviting friends, Honeygain app users will be rewarded 10% of their friends' daily earnings. Honeygain works both on Wi-Fi and mobile data, connecting Honeygain on desktop and mobile devices will increase the bandwidth, then enable you to earn more.
PAYOUT RATE AND PAYMENT
Active Honeygain user will receive credits for every KB of data he/she shares with the Honeygain network, and after collecting enough credits, the user will be able to convert them to USD. Minimum withdrawal is $20 this can be reached within the shortest time.
Current payout rate is $1 / 10GB, but take note that results may vary in each individual's case. Currently, they support payments via PayPal, but more options are coming soon.
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