Passive Income Through Geomining
Coin is a free in-app currency that gives users rewards for validating geospatial location data. They can later exchange these coins for digital or physical items, including digital currencies and Bluetooth speakers. But what makes Coin stand out from other location apps is the fact that it also offers users a chance to earn passive income through geomining.
The Coin app has partnered up with the XYO foundation to verify that users are actually present in their claimed location. This prevents location spoofing, which can cause the Coin currency to fall into the wrong hands – those who pretend to be somewhere else in order to earn more money. XYO’s technology also ensures that all app users can participate easily and safely, and earn digital assets in a fun way.
As a result, the Coin app has more than a million active users today, who can validate their locations when jogging, traveling, or moving around. The Coin app has also teamed up with several merchants to allow them to give their users real-life rewards. In addition to these features, the Coin app has a fun social element, as its users can compete against each other and earn higher rewards when they get to the top of the leaderboard.
Since coins were made in most ages of precious metal, they have always been prized, often hoarded, and frequently buried for safety. Consequently, they have yielded a great deal of information about past civilizations. They are especially valuable for chronology and economic history, as they can be used to trace the geographic extent of a city or state’s territory and to illustrate major commercial connections.
While most coins are round, they have been produced in a wide variety of shapes. Some are octagonal, while others have twelve flat sides (like the Australian 50-cent coin). The relation of the image on the obverse to the reverse is sometimes referred to as medallic orientation, and when a coin can be turned left or right on its vertical axis and still show the same image on both sides, it is said to be inverted.
Many of the coins of the ancient world were quite beautiful. The large silver decadrachms of Syracuse, for example, are regarded as some of the finest numismatic specimens of classical antiquity. They depicted the head of the nymph Arethusa and a victorious quadriga, which was often used as a symbol of power in the Sicilian city.
Although Coin is a free in-app currency, its creators recommend that users create an account on the Coin app so that they can save their digital assets and track their earnings. Additionally, creating an account allows them to refer friends to the Coin app and earn more rewards. This can be a great motivational tool for users to work harder and reach the top of the leaderboard.