The most immediate, cost-free and risk-free approach for earning bitcoins online, is by effectively using a Bitcoin faucet or faucets that offer other altcoins. The biggest advantage when using CoinPot partner faucets is that the cryptos you collect from all these faucets are stored in a common wallet. Another good point is that you can also exchange/convert the acquired crypto-currencies within the coinpot portfolio instantly, and for any supported crypto you choose. A faucet is a site that offers a small number of crypto coins in exchange for your participation in it. This way, you can freely start to create your Crypto portfolio or, if you prefer, you can convert all the claimed coins by one of your choices, and then exchange it for the asset that is most convenient for you.
What are CoinPot tokens?
On March 28, 2018, CoinPot announced the creation of Coinpot Tokens, a new added value for CoinPot users. A new type of exclusive “asset” of this Microwallet that appears in the existing currencies, Bitcoin (Core / Cash), Litecoin, Dogecoin, and Dash. But to realize what Coinpot Tokens actually represent, it is essential to be able to distinguish the real differences between Tokens and crypto-coins.
Cryptocurrencies – Altcoins and Tokens what’s the difference?
Coin / Altcoin
A cryptocurrency, let us use Bitcoin as an example, is a type of cryptographic currency that operates independently of any other platform, that is, it operates in its own Blockchain. There is no difference between cryptos or altcoin. The term Altcoin is applied to all cryptocurrencies that represent an alternative to Bitcoin. Most altcoins are Bitcoin variants, built using Bitcoin’s original open-source platform with a few changes (Forks) in their underlying codes, thus creating a new currency with a different set of features.
Examples of altcoins: Litecoin and Dogecoin. There are also other altcoins that do not derive from Bitcoin’s Open Source protocol. Instead, it has created its own blockchain and protocol that supports the native currency. For example; Ethereum and Ripple. If you have questions, you can always check in Coin Market Cap the list of cryptos and their platforms.
Tokens
Unlike the altcoins or Bitcoin operating in their own Blockchain, the tokens operate on an existing blockchain that belongs to another currency, such as Bitcoin or Ethereum. Tokens provide a way to define a protocol, and also to finance the operating expenses necessary to host it as a service. Bitcoin and Ethereum have tens of thousands of servers around the world, the miners, who run their networks. Tokens, in turn, cover hosting costs with integrated mechanisms, which automatically distribute the mining rewards to the home network computers.
Tokens provide a template for creating shared computing resources, such as databases, computing, and file storage. At the same time, they keep track of these decentralized resources (and without requiring an organization to maintain them). This is one of the many inherent features of blockchain technology, which allows shared data to be stored in a decentralized network.
The different types of Tokens
There are several types of token, and they can differ in their functions and attributes. A token can fulfill one or more of the following functions:
Cryptocurrency used as a payment method between participants of a platform;
Cryptocurrency used as a payment method for participating in a given platform (Start-Ups, Airdrops …);
A digital asset (Actions / Vests of a given platform);
A way to count values (number of API calls, the volume of torrent uploads…);
A way to prevent attacks and create smart contracts;
How can I get CoinPot tokens?
There are several features that allow you to acquire and increase your CoinPot Tokens balance.
FAUCETS
Use any of the faucets supported by CoinPot – for each claim you make on an individual faucet, you will earn 3 CoinPot Tokens, and for each claim made by any of your referrals, you will earn 1 CoinPot Token.
MINING
You can mine CoinPot Tokens exactly the same way you can mine any of the other crypto coins directly in your browser.
CONVERSION
Use Coinpot’s custom conversion system to convert your crypto coins to CoinPot Tokens – the exchange rate will fluctuate in a similar way to other crypto coins.
How to use Coinpot Tokens?
There are several ways to use your Tokens.
CONVERSION
You can use Coinpot’s usual conversion system to convert your Tokens to any of the others Crypto Coins, namely Dogecoins, Litecoins, Bitcoin Core and Cash and DASH coin – the exchange rate will fluctuate similarly to that of other currencies.
LOTTERY
At Coinpot there is a lottery that raffles Coinpot Tokens and you can participate using your token balance. Prizes are drawn every hour and include all tokens used to buy tickets, plus 1,000 tokens donated by CoinPot for each extraction! Coinpot in the future intends to increase the ways of using your tokens for gifts and gift cards exchange, and more games like the lottery!
How to make the most of your Coinpot Tokens
When the value of the cryptos decreases, the value of tokens increases, and vice versa. We can say that the fluctuation of the token value is opposite to the fluctuation of the value of crypto. Therefore, starting from this principle it’s more profitable to convert the tokens when the value of a cryptocurrency is smaller. To understand these trends, simply follow the markets and see when, for example, Bitcoin loses or gains value. Although gains in faucets are low, Token Coinpot comes as an opportunity to increase profits. For each claim, the user receives 3 tokens that gradually accumulate and later can be converted for crypto of choice.
Wednesday 11 September 2019
Monday 13 May 2019
How to earn money online by selling photos on Shutterstock
Shutterstock.com is a global marketplace for buying and selling high quality photos and videos. Shutterstock was launched in 2003 and their Headquarters is located in New York. So it’s been more than 10 years since they have been in this business having customers all over the world. They are currently operating in more than 150 countries and provide digital imagery licenses. Their basic aim is to help digital contributors and buyers to connect with each other and make successful transactions. There are two types of accounts on Shutterstock, Customer and Contributor. Contributors share the digital media that they have created and Customers buy it.
Since we want to know how to sell Photos and Videos on Shutterstock to earn money online so we will be focusing on the Contributor part. Now Shutterstock offers a great opportunity for those who create digital content that includes unique photos and videos.
To Register as a Contributor on Shutterstock, click here
So if you’re good at Photography or Video editing and Publishing then this website can literally make you rich. They have clearly mentioned it on their website that you can immediately start getting thousands and millions of visitors and start earning money. All you need to do is create outstanding photos and images. Now there are three types of content that you can sell on Shutterstock:
Photo Selling: You can sell lots of photos on Shutterstock provided that they are in JPG format and are at least 4.0 mega pixels. So you will probably need a High resolution camera for that.
Vectors and Illustrations: You can also create Vectors and illustrations and sell them on this website. You can submit EPS format files with a maximum size of 15 mb or JPG images with at least 4.0 mega pixels.
Videos: You can also create videos and sell them on this portal. However, the video length should be from 5 to 60 seconds. No more no less.
So basically you can earn in number of ways on this great website depending on your skills. If you’re not good at photography but you can create stunning illustrations or vectors on Photoshop or other tools then you are in luck. If you’re good at creating short videos then you can earn a lot with Shutterstock.
TYPES OF EARNINGS
Shutterstock offers a number of ways that you can earn money from your digital content. They are:
25-A-Day Downloads: Customers have the option to subscribe on monthly basis and they can download images over a period of 30 days. Every time you image gets downloaded you will receive 25 cents. Now this commission can increase up to 38 cents as you reach greater milestones.
On Demand Downloads: Subscribers can get an On demand subscription which allows them to download and use images up to an year. In this model you will be getting $1.88 per download. It will increase as you get more visitors and downloads.
Enhanced Downloads: Customers can get an Enhanced Downloads license which allows then to download images for commercial use. In this case, you will get $28 per download.
Referred Subscriptions: You can also earn 20% commissions by referring more customers to Shutterstock. To join their affiliate program click HERE.
Single Downloads: If you photos get sold as single images without any subscription, you will get 20% of the sale price.
HOW TO GET PAID
As discussed above, Shutterstock pays very good commissions on sales that are generated by any of the methods mentioned. You can also view the complete Earnings Schedule HERE. You can get paid by three methods, Paypal, Skrill and Bank Check. The minimum payout for Electronic payment is $35 while for Check is $300. So it depends on you how you want to get your payment. Payments are calculated on the 1st of every month and are paid after 2 weeks.
FINAL WORD
Whether you are a Photographer, an Illustrator or a Video editor this website can prove to be a gift for you. You will not only start earning a good amount of money from your digital content but you will also get visitors from all over the world to see and admire your photos and videos. So be creative and upload as many photos as you can but make sure there is no compromise on quality because you need to build your reputation too.
Click here to register as a Shutterstock Contributor
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