How To Make Money With HoneyGain
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| Original Image Source: HoneyGain.com Disclaimer: Includes Referral |
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What is HoneyGain?
HoneyGain is an app that you can install on your computer (Windows and macOS) or Android phone and it uses your internet data to run various queries for their clients. The company lets other businesses use their network to gather data and market research. The value of the network is that it's installed across several different devices and IPs, so their clients can get data from a variety of sources. They aren't using your computer's processing power to mine bitcoin, they just use your internet.
Unlike some other market research applications, they don't track your behavior and sell it to marketing companies. What they do is use your internet connection to run various search queries that their clients are interested in.
A common use case appears to be search engine optimization research – they run queries on Google and other search engines from your devices to see what the results are. This can be valuable information because marketers are always curious about where they appear in the results and whether their efforts have been effective.
Another use case that they've outlined on their blog is price comparison websites. A store may change the price of a product or service based on what they think is the purchasing power of users. Someone who lives in a higher cost of living area, such as New York City, may be willing to pay more for something than someone who lives in a lower cost of living area. Price comparison websites can use the network to check prices on products and services to give their users the most accurate data.
How Much Can You Earn With HoneyGain?
Income is based on how much internet they use - not how much internet you use. The current rate for Default Network Sharing is 1 credit for 10 MB of traffic that goes through your network and 10 GB = $1 (£0.77). This means that each credit is worth a penny. When you reached $20 (£15.33) in earnings, you're then able to pay it out to your PayPal account.
Honeygain Referral Program
When you sign up for HoneyGain, you're able to sign up to refer to friends, family, or people to get 10% of what they earn. Signing up with a referral code can give you an instant $5 (£3.83).
Referral code: https://r.honeygain.me/BUSTE54478Is It Worth It
It depends on how comfortable you are with letting an application use your computer or phone's internet without you knowing 100% what they're doing. It's easy to install and run, the app is very clear and intuitive, but you're still letting an app use your data. It will only run when you're connected to wi-fi (or if you enable mobile data on the app), so you don't have to be afraid that they're using up your cellular data plan.
If you do choose to use cellular data, keep your eyes on your usage if you aren't on an unlimited plan. Also, keep an eye on your battery because if you increase your data usage, it'll drain your battery too.
They claim to take steps to ensure none of your personal information is being used – which is always a leap of faith with companies with limited history.
It comes down to how much you trust the company and there isn't much information to work with.
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