The passive income thread.

godliness

godliness

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Black Hands on Green Money
SoSoSlick said:
DRIP.community is the best passive income thing in Crypto and probably anywhere hands down. 1% compoundable interest a day up to 365% with potential to keep growing beyond that. Been in it since May and pulling 3k a day now. Wrote a medium on it.

Got my whole fam wallets in too. Naturally you wanna break it down and understand how it's sustainable. Basically every transaction (selling, compounding) incurs a 10% tax which goes into a pool to payout the 1%. Check out the white paper on the website. https://drip.community/docs/DRIP_LIGHTPAPER_v0.8_Lit_Version.pdf

Plenty of vids and articles to read and understand. Jump in the telegram. Been tryina put brehs on.
Click to expand...

Finna read this tonight. Funny enough I just heard of this project for the first time today on a travel/crypto live stream.
 
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Ish Gibor

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I learned about The Pop Network through Dynast Amir (In Search Of Uhuru). He has a few master nodes and the returns look great. I will setup 2 Master Nodes. In addition there's videos by on of the founders Mr. Valerian Bennett being interviewed and how to setup the Node + update, by Martin Valk.

POP Network

https://www.coingecko.com/nl/coins/pop-network

Dynast Amir




POP Network Masternode Release Date and Interview with Mr. Valerian Bennett.





How to set up a POP Network Masternode.





How to update your POP Network Masternode to the newest version in ~5 minutes!


 
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Ish Gibor

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Primetime

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Ish Geber said:
Click to expand...


:ehh:

This was a pretty good video. Creating and selling online courses does seem like one of the better ways for "passive" income... just gotta find something your knowledgeable about, or some principles you're well-versed on, and then apply them to common or niche problems that need "solving".
 
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Ish Gibor

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SoSoSlick said:
DRIP.community is the best passive income thing in Crypto and probably anywhere hands down. 1% compoundable interest a day up to 365% with potential to keep growing beyond that. Been in it since May and pulling 3k a day now. Wrote a medium on it.

Got my whole fam wallets in too. Naturally you wanna break it down and understand how it's sustainable. Basically every transaction (selling, compounding) incurs a 10% tax which goes into a pool to payout the 1%. Check out the white paper on the website. https://drip.community/docs/DRIP_LIGHTPAPER_v0.8_Lit_Version.pdf

Plenty of vids and articles to read and understand. Jump in the telegram. Been tryina put brehs on.
Click to expand...

Joover talked about this. It seems to be a ponzi.

 
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SoSoSlick

SoSoSlick

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Ish Geber said:
Joover talked about this. It seems to be a ponze.


Click to expand...

I think people throw this around alot without really understanding what makes a ponzi a ponzi. Definitely be skeptical, nothin wrong with that at all in this space. But take a deeper dive and try to understand how and why this works and how its set up to be sustainable. Not saying it's bulletproof, but 9 months in and still runnin stronger everyday says a lot for any crypto project.

Check out this out too.



And yeah anything crypro related you see that says it's running as a "node" you definitely should run lol. Master nodes are infrastructure related and have nothing to do with individual NFTs or coins.
 
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Ish Gibor

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SoSoSlick said:
I think people throw this around alot without really understanding what makes a ponzi a ponzi. Definitely be skeptical, nothin wrong with that at all in this space. But take a deeper dive and try to understand how and why this works and how its set up to be sustainable. Not saying it's bulletproof, but 9 months in and still runnin stronger everyday says a lot for any crypto project.

Check out this out too.



And yeah anything crypro related you see that says it's running as a "node" you definitely should run lol. Master nodes are infrastructure related and have nothing to do with individual NFTs or coins.
Click to expand...

From what Joover explained one can only get in by referrals. And you need others under you as referrals to make a group and consensus with other investors and so on.

That structure is a pyramid and has ponzi tendencies.

“More specifically, pyramid schemes—also referred to as “franchise fraud” or “chain referral schemes”—are marketing and investment frauds in which an individual is offered a distributorship or franchise to market a particular product.“
Pyramid Schemes — FBI

I’m not sure how running master nodes or super nodes is anything close to a ponzi. Runner a node has to do with validating a network to help is run smoothly. All networks run of master nodes.

I will checkout the video later.
 
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SoSoSlick

SoSoSlick

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Ish Geber said:
From what Joover explained one can only get in by referrals. And you need others under you as referrals to make a group and consensus with other investors and so on.

That structure is a pyramid and has ponzi tendencies.

“More specifically, pyramid schemes—also referred to as “franchise fraud” or “chain referral schemes”—are marketing and investment frauds in which an individual is offered a distributorship or franchise to market a particular product.“
Pyramid Schemes — FBI
Click to expand...
Then dude did a super poor job of explaining. You don't need to recruit or get others under you, it's a completely optional aspect of the project. I ran solo for months before I got my fam in. You only need a wallet address or buddy to deposit your tokens. That wallet can be the tax wallet or anyone else in DRIP. As to why it's set up this way, the vid does a great job of explaining. Again, it's cool to be skeptical, but definitely do more research. Hell, jump in the telegram and ask any questions you want. The dev is in there all day. You can ask him directly.
 
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Ish Gibor

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SoSoSlick said:
Then dude did a super poor job of explaining. You don't need to recruit or get others under you, it's a completely optional aspect of the project. I ran solo for months before I got my fam in. You only need a wallet address or buddy to deposit your tokens. That wallet can be the tax wallet or anyone else in DRIP. As to why it's set up this way, the vid does a great job of explaining. Again, it's cool to be skeptical, but definitely do more research. Hell, jump in the telegram and ask any questions you want. The dev is in there all day. You can ask him directly.
Click to expand...
I will look into it and perhaps drop 1k.
 
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