If you decided to read this article there’s a good chance that you know what passive income is and are just looking for the answers; to see if you are already doing it, or if it’s passive income at all.
Most people writing about passive income and how much they make from it and how you can do it too, are missing the point.
The definition of passive income is that it’s just that, passive. It comes to you, day after day or month after month. You don’t have to do anything, it comes to you.
But all these suggestions of writing ebooks, creating courses, or digital designs, means that to produce an income from them, you must spend time producing products. Then, after all that hard work, there is still no guarantee you will starting making an income from them.
That is not passive. It’s called Scalable Income.
Where am I going with this? Well, I have found a few ways to make a scalable income that is extremely close to being passive, meaning I spent an hour or so on research each time and then spend 1 minute a day or less in maintaining them.
That’s a lot less time than it would take me to write an ebook, or create a course.
Recently, I have come across some low-time, potentially high-income streams and set up positions in each one. These are all cryptocurrency-based streams. If you are not familiar with cryptocurrency, I would strongly suggest you research this area first, then come back and read the rest of this article.
TL;DR
Here’s what you are looking for, cryptocurrency-based income streams.
Crypto Egg Game
https://cryptoegg.games/cryptoegg?ref=0xFa89C93069a84c0D2Dfa5184E3487668bbcf47c7
Snippet from the website
Crypto EGG Game pays a modest 10% daily, allowing investors to rest easy knowing that their investments have unlimited growth potential and a maximum, improbable risk of less than 10%.
How it works
You deposit some BNB so you can hire miners. These miners will mine BNB for you and return 10% per day, as the website states.
Each day you can come back to the site, see the progress and decide whether to use the mined BNB to hire more miners, effectively compounding the current miners’ efforts or cash out the mined BNB to start recouping your initial deposit amount. This is the 1 minute of work you have to do each day. Fit it into your morning routine, or just before you go to bed, whenever works for you. It’s just one minute.
You can recoup the same amount as your deposit in just 10 days, so if you were feeling cautious, claim the first 10 days and then compound after that.
Here’s an example of what you could earn after 30 days of compounding, based on approx. 2BNB ($350/1BNB at time of writing)
BNBminer.finance
https://bnbminer.finance?ref=0xFa89C93069a84c0D2Dfa5184E3487668bbcf47c7
Snippet from the website
BNB Miner pays 3% daily, according to the current mining efficiency rate. The mining efficiency rate rises and falls as you and other players hire miners, compound earnings, and pocket BNB.
How it works
It works in the same way as the Crypto Egg Game, but this site pays out 3% instead of 10%. Sure it is not as much, but you are remembering to spread your risk, right?
You can recoup the same amount as your deposit in 30 days on this one, due to the lower payout %.
Here’s an example of what you could earn after 30 days of compounding, based on approx. 2BNB ($350/1BNB at time of writing)
DRIP
https://drip.community/faucet?buddy=0x52AE1Ac74b77890E1708b6e89D34bb8A7EA94fd7
Snippet from the website
The DRIP Network’s Faucet is a low-risk, high reward contract that operates similarly to a high yield certificate of deposit by paying out 1% daily return on investment up to 365%.
Players can compound and extend their earnings through deposits, hydrating (compounding) rewards as well as through team-based referrals.
DRIP runs a little lower, at 1% per day but this project cannot be compared to the others above. It still only takes 1 minute a day to manage, to either hydrate (compound) or claim what DRIP is available. But unlike the miners, it doesn’t stop there. If you talk amongst your friends and they sign up to DRIP, you get to receive a percentage of what they earn too.
What’s more, there is also a whole community dedicated to maximising the returns, talking strategies, helping each other out, and generally offering high-quality conversation too. I recommend you to join the group if you are looking to benefit from DRIP.
Here’s an example of what you could earn after 365 days of compounding 1% of your deposited DRIP every day, based on approx. 2BNB ($350/1BNB at time of writing)
The How
Go to https://drip.community/fountain and exchange BNB for at least 1.12 DRIP.
Enter a Buddy address in the Referral section of the Faucet ( https://drip.community/faucet) Consider joining the Cryptozoa team member using me as your Buddy: 0x0487c4EF8b10104B4890Eacd0B45C38B8510AE00
Deposit at least 1.12 DRIP (Ensure you have enough BNB to pay for the gas fees.) You are setup on DRIP. Get ready to receive 1% daily!
You become part of the Cryptozoa family. Congratulations!
Related links:
Cryptozoa Medium — https://cryptozoa.com/
Cryptozoa Telegram — https://t.me/joinchat/PbTulqLoCmAzZmQx
DRIP Telegram Link — https://t.me/DRIPtoken_Chat
DRIP Lightpaper — https://www.docdroid.net/0i3RJTu/drip-lightpaper-pdf
DRIP Contract Link — https://bscscan.com/token/0x20f663cea80face82acdfa3aae6862d246ce0333
Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon. The author may own cryptocurrencies and tokens discussed in the article. The article may contain affiliate links.