Ways to make money on the Internet unofficially
How to Not?
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I am addressing only the potential for users to earn income from participating. It can be exchanged for "real" money but only by using a three-step process. First, you need to open a wallet that accepts XYO such as: Coinbase wallet Trust wallet Then you need trade the XYO for a more widely accepted cryptocurrency such as Etherium at an exchange that accepted XYO, such as: Kucoin Then, transfer the Etherium to an exchange that will trade your Etherium for legal tender e.
US dollars and transfer them to your bank account. For example: Coinbase Both steps in this process will be associated with fees that decrease your real earnings. You can load the coin app on your smartphone.
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When you have the app, opening it will reward you with small amounts of XYO tokens as you move around. The price for one sentinel shipped to your door varies.
The short answer to this question is no. The purchase of multiple sentinels and static bridges helps develop the project and may have monetary value further down the line, but it has no earning potential right now. The amount that can be earned from walking or driving around "geomining" XYO is going to change constantly.
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It will also vary a lot between individuals. Right now, I personally am making about XYO a day which. So if you will not have too much difficulty setting up an app, a wallet, and an exchange account, it is comparable to, or better than, other step-based earning apps.
However, because the system is under development, technical glitches with the sentinels are not uncommon.
The support materials border on incomprehensible and there is a strong push to purchase extra equipment that is currently not part of the income stream. Well, for you, that is. I guess it does make money for The Permanent Company Therefore, if you are looking at this solely as an earning opportunity I would lean towards saying it is not worth the trouble—as the system exists right now.
They charge you upfront fees and lure you to work with. If you want to make money online, then buying an established website can be a way to get income right away.
It is also the case that earning levels are unpredictable, as is the future of the project itself. Despite having had ways to make money on the Internet unofficially lot of fun trying this system out, my answer would be no.
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My reasoning is: The Permanent Company has consistently used inflated projections and over-promised. They use unnecessarily complex language making it easy for users to misunderstand and over-invest in the project by buying bridges and multiple sentinels prior to this being of benefit to them as users.
This undermines my trust in their projections. It is my personal assessment that their goal is not achievable based on progress so far.
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How long they will last depends on how much start-up capital they have. That said—I do think this project will function over the medium term months to a few years and they do pay out the earned tokens once you have 10, tokens. So it is still worth taking part if you enjoy this sort of thing.
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And who knows, maybe they will prove me wrong and make this work. The Reddit post about this was deleted. My personal goal is to make a profit within two years. Ways to make money on the Internet unofficially is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.