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South Korea Asks App Stores to Abolish 'Play-To-Earn' Crypto Games


A bit of history on the Coin App as posted to their page:. Launched in early , COIN is a mobile app enabling over 1 million users to earn digital assets for validating geospatial location data when traveling, commuting, jogging or moving about the real world while interacting with each other and enjoying in-app challenges.

The part I want to focus on is the "earn digital assets". The asset they are referring to is the cryptocurrency XYO. If you'd like to know more about XYO I encourage you to dive into the whitepaper, the currency is not what I will be focusing on in this post.

Perhaps in a future post if there is interest in that. The way the Coin App works is that players run the app on their phone, either in the foreground or background, and earn in-game COIN.

They have a few options on what to do with that COIN which we will get into later. Once players find it on their respective devices all they have to do is download it and they can start earning immediately.

One super important and necessary setting that has to be turned on is location services. The reason that location services have to be enabled is that the COIN App works by using geolocation or geomining. When players have the app running whether they are at home or out and moving about in the real world, the app can automatically geomine and the digital asset that it's mining is COIN.

While it's possible to mine without creating an account, I would highly suggest that you create an account. If something goes wrong and it deletes from your phone or resets, there is no way to retrieve that COIN that a player has mined unless they have an account.

In order to create an account, all you need is an email address. This also allows for players to pick up where they left off mining should you upgrade your phone. On an important note, the first redemption is free. This fee will vary not just daily but hour to hour. Not just for the ZERO gas fee but also it's a great way to earn free crypto through their learn and earn program.

I added the image below from my learn and earn rewards. You can then sell, trade, or keep the crypto that you have earned for learning about it. They will tend to do the sweepstakes for the same items, occasionally adding something new to the mix but iPad, XboX, Playstation 5, and XYO have been on the list for a good while now.

I see that continuing into the future. I've taken a snapshot to share what kinds of items you can purchase and what the cost of COIN is. Whether it's worth it or not depends on what your goals are. You get to play this your way. There are a couple of ways that players can increase the amount of COIN they make. Both of these items do the same thing and help the player in earning 12X rewards when mining rather than their usual 1X reward but there are a few differences in the functionality between the Sentinel X BLE and the SentinelX.

Just a bit about the tech involved. The range on the SentenalX BLE is up to ft, it has a battery life of up to a year and it is replaceable. Make sure that 1- you have it attached to your COIN account email so you can use the 3 day trial and 2- make sure you cancel it. The earning bonus with this Sentinel are the same as with the BLE. The two main differences with the NFC is that it does not need a battery and it is not Bluetooth so players need to have an NFC reader on your phone check your phones capabilities here AND you have to tap it to your phone every hours depending on whether you have a subscription or not.

Without a subscription players must rescan the card every 4 hours. Players have the option to maximize on their rewards if they decide to start a subscription plan with COIN which is a monthly reoccurring subscription. The advantages of a subscriptions plan is that it increases geomining rates, faster recharge rate so that you can mine quicker, and an increased chance at hitting big geomines.

Remember you always have the option to try it for 3 days and cancel if you don't like it. The subscription is best for those who are commuters.

I've attached a screen shot of a big geomine I hit, while using COIN Pro plan and even without much traveling I tend to hit one once every few weeks. I would assume if I traveled more it would be more often. I've also attached the multiple options you will have to chose from when looking int the subscriptions. I'll also share the XYO network and a bit more in-depth about their future plans. My most profitable game to date is RollerCoin. Start earning as soon as you start. Cointiply is the best bitcoin fountain I've found.

Not only that but I can post advertisements for cheap for others to view. Check out Upland , a virtual property trading game. Join PublishOx and get tipped for writing your own posts and for reading others!

Start earning today! Pi Network mainnet going live in Hope to see you there! You can find me on Torum. Torum is a social media site for crypto enthusiasts to chat and learn about crypto while earning XTM rewards! Earn 7. I appreciate the reads and comments.

I will always try to get back to you as soon as I can. New to the crypto space and learning what I can - sharing what I've learned. Investing your own income into cryptocurrencies can seem like a daunting task particularly when you might have a limited understanding of those markets. What if there was a way to invest without spending a dollar of your hard-earned money? Follow me and I'll show you how!

It only takes 15 seconds and it's free. Alternatively sign up with email. Already have an account? Earn Crypto From Your Phone. New to the Coin App? A bit of history on the Coin App as posted to their page: Launched in early , COIN is a mobile app enabling over 1 million users to earn digital assets for validating geospatial location data when traveling, commuting, jogging or moving about the real world while interacting with each other and enjoying in-app challenges.

How does COIN work? Happy Geomining! Care to try something different? Happy Mining! How do you rate this article? Investing in Crypto for Free Investing your own income into cryptocurrencies can seem like a daunting task particularly when you might have a limited understanding of those markets. We pay the tips from our rewards pool. Sniper 10 hours ago 1 minute read. Why am I so excited about Theta Blockchain? TrocProcLock 13 hours ago 3 minute read.

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Voodoo bets on play-to-earn crypto mobile games

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Play-to-earn games use a business model that rewards users with cryptocurrency in exchange for playing the game. Gamers are given virtual items.

Learn more about Norton Crypto

This site uses cookies to deliver website functionality and analytics. If you would like to know more about the types of cookies we serve and how to change your cookie settings, please read our Cookie Notice. By clicking the "I accept" button, you consent to the use of these cookies. Reliance on remittances and the prevalence of peer-to-peer phone payments have led to a steep rise of cryptocurrency use in Africa's largest economy. Out of 74 countries in the Statista Global Consumer Survey , Nigerians were the most likely to say they used or owned cryptocurrency. Almost a third of Nigerians said this applied to them. The high cost of sending money across borders the conventional way has caused many to turn to local cryptocurrency exchanges catering to overseas workers and their families, according to Bitcoin. Nigerians also often use their phones to send money to each other or to pay in shops. Recently, businesses in the country have been adding crypto plugins to their phone payment options, adding another way in which Nigerians can use cryptocurrency in their everyday lives.


CoinZoom Review

earn crypto with phone

CoinZoom is a cryptocurrency exchange with a range of financial products and 40 available cryptocurrencies. For those looking for several products and features in one platform, CoinZoom could be a good fit. In addition to its crypto exchange, CoinZoom offers several products, making it somewhat unique among its competitors. These products include a Visa debit card that lets you use your crypto to make purchases with millions of merchants, and the option to send and receive crypto or fiat transfers from friends and family. For cryptocurrency enthusiasts seeking a platform that provides a broad range of financial products, CoinZoom may be a great fit.

Times Internet Limited.

5 NFT Games You Can Play to Earn Cryptocurrency Rewards

Tap bitcoin on your mining farm. Develop your business crypto currency: upgrade improvements, create a mining pool, become the richest miner in the world! Do you want to mine a little bit? We have this! The Crypto Games: Bitcoin - is a classic idle simulator game about Bitcoin mining.


The Best Mobile Applications to Earn Crypto

We recently discovered eight deceptive mobile apps that masquerade as cryptocurrency cloud mining applications where users can earn cryptocurrency by investing money into a cloud-mining operation. By: Cifer Fang August 18, Read time: words. We have reported our findings to Google Play, and the apps have been promptly removed from the Play Store. Some of these apps have even been downloaded more than , times. These apps, which do not have cryptocurrency mining capabilities and deceive users into watching in-app ads, have affected more than 4, users globally from July to July Our analysis of the abovementioned apps confirmed that they did not have any cryptocurrency-mining behaviour.

The game represents players via digital cards built on Ethereum blockchain. Players can earn either cash or Ether crypto by creating a team.

Your Swiss Cryptocurrency Investment Partner

A bit of history on the Coin App as posted to their page:. Launched in early , COIN is a mobile app enabling over 1 million users to earn digital assets for validating geospatial location data when traveling, commuting, jogging or moving about the real world while interacting with each other and enjoying in-app challenges. The part I want to focus on is the "earn digital assets".


Top 12 Best Games, Apps and Mining Tools to Earn Cryptocurrency Today!

A list of top play2earn games available on Android and iOS that reward users with not only NFTs but also tokens with real-world utility. As more developers are making such games available for mobile gamers, the blockchain gaming industry is tapping into a whole new market that has a huge potential. More people own and use smartphones on a regular basis in comparison to desktop computers. In some countries, people own multiple mobile devices, making them a good target audience for play2earn blockchain games capable of engaging players for more extended periods. Play2earn games on the blockchain make a lasting impression in many different ways.

These methods have allowed us to earn money and have fun while doing it, or earn while we complete our daily errands.

Many of these I use routinely to accrue various cryptocurrency tokens. Since April , I have been searching for the best services to earn cryptocurrency. I made this list to show my friends who were asking about cryptocurrency, but I figured I should just post it here for everyone to see! This mega list gets regularly updated and I frequently remove apps that fail in performance. RollerCoin is a free to play online cryptocurrency mining game. What makes RollerCoin so great is that you can earn mining hashrate by playing games. You can withdraw what you earn or use it to buy miners.

It is no secret that we are purveyors of earning passive income. While some may require you to sit in front of your desktop or laptop to get things done, there are other more convenient ways to earn crypto via mobile apps. These provide a more fuss-free method of earning, especially when we are always on the go and do not have the luxury of time to sit in front of our desktops or laptops. And plus, we can all agree that the modern-day investor is constantly strapped for time, which makes earning through mobile apps a prime choice.


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