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In today's article we will be focusing on the COIN App, SentinelX, and XYO crypto currency.
COIN App
What is the COIN app?
"Launched in early 2019, COIN is a mobile app enabling over 100,000 people per month to earning 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."
What does COIN do?
COIN is a lot like Pokemon GO but for adults. The purpose is to collect Geo data from maps. The idea here is to build 2 sides of an interface. One side is for those collecting data and earning XYO tokens. While the other side is for those who purchase a SentinelX for tracking objects.
What is a SentinelX?
A sentinel is a device provided by COIN that allows a user to choose 1 of 2 options.
Option 1:
Using a sentinel to accumulate 12X rewards on each tile. This option is for those using the app to collect map data and earns the users XYO tokens.
Option 2:
Using a sentinel as a tracking device. This is VERY similar to a "Tile" device. It would allow a user to attach it to something they don't want to lose, for example, keys. Data is collected about the sentinels location from a "geominer". This is a free service with a great potential. The user is only required to buy the device and use an app to track where their sentinel is. This uses Bluetooth technology not WiFi or cellular service.
What's a Geominer?
A Geominer is a user that is collecting map data with the COIN app. The user will press the mine pick button which will allow them to "geomine" one tile square. For each tile square they recieve they recieve XYO coins as a reward.
What's the purpose of geomining?
The goal here is for COIN to pay the user to "work" for them and collect map data that would locate tracker sentinels near by and provide the sentinel owner with a location of the sentinel based of the geominers collected data.
Is it worth getting a SentinelX?
At the moment yes and no. No if you want to use it as a tracker. Yes if you want to be a Geominer. The reason is COIN is a new network that first needs to build geominers and data in order to support the tracking sentinels. Right now the sentinel is more commonly used for mining. As a reward COIN gives you 12 times the rewards per tile while they collect map data and sentinel data to support the tracking mode. The good news here is you can actually get a SentinelX free if you pay shipping! I will provide links below to get your free SentinelX.
How do I earn free XYO tokens with the COIN App?
Follow these simple steps:
Step 1:
Download the app on your Android or iPhone device with the link below:
Step 2:
Create a free account.
Step 3:
Click "Auto Collect", click the pickaxe button on each tile, or shake your phone on each tile. We highly recommend using "Auto Collect"
Step 4:
Walk, bike, or drive around with the COIN App open to start collecting coins.
Step 5:
Collect more coins but doing various extra activities. Currently you can ear extra rewards from referral links, sentinel sharing, witnessing other users geomines, HODL rewards, tile clearing mini games, and more! We will explain more in details about bonuses at the bottom of this article.
Step 6:
Cash out your coins for XYO tokens when you reach a minimum of 10,000 coins.
What happens when I choose to cash out my coins for XYO?
This process has recently changed now. Once you have earned at least 10,000 coins you can chose to cash out for XYO, BTC, ETH, or purchasing a COIN product. XYO tokens are worth about 1.6423 TIMES how many coins you have. So if you have earned 10,000 coins, when you cash out for XYO tokens you would have 16,423 XYO tokens. This is actually good because now you are earning more money per coin collected. When you are ready to cash out you will provide an ETH wallet address. If you don't have an ETH wallet we have some great options available in our articles.
How much can I make in USD from one month of collecting?
(These values have changed)
This answer will vary based on the current value per XYO token. As of now I have made a few examples below.
24 hours a day of driving is equivalent to about $9.91 on PRO
12 hours a day of driving is equivalent to about $4.95 on PRO
6 hours a day of driving is equivalent to about $2.47 on PRO
Please remember this is on the PRO plan which is $35 a month and with all bonus rewards being completed. This is a MAXIMUM AMOUNT. Don't expect to get this all the time this is rare. I would go based off 6 hours a day at $2.47 per day and there are certain strategies to get the higher value. At $2.47 a day times 31 days that's $76.57 per month minus $35 for the PRO plan. This is a profit of $41.57 per month. Again, you HAVE to be driving at least 6 hours a day to make this but it's not impossible. As CDL truck driver always using the app I can make upwards of $120 a month profit. Just remember all of this information can change every day but this is just for a general idea! If you have questions about this please feel free to message us or comment below so we can explain better.
Is it worth getting a PLUS or PRO plan?
Here at Crypto Intent we believe it's definitely worth getting the PRO plan. However it's only recommend if you know you will be driving a lot during the month. If you work for a company that's requires you to drive a lot then it's recommended to get a PRO plan. As for the PLUS plan it's cheaper but less points. This comes down to opinion of which would work better for you. Keep in mind you don't need a paid plan!
Can you make money with the FREE plan?
YES! You won't make as much as a paid plan but even with the free plan you can still make money! We highly recommend getting yourself a free SentinelX if your interested in the free plan. As long as the SentinelX is near your phone you will earn 12 TIMES the money! As for a free plan without a SentinelX it becomes a bit tougher to answer. A free plan without a SentinelX won't make much money at the end of the month. There is however one more idea for you if you don't want a SentinelX and want to earn more! Well explain this more below.
Is there potential to make even more money with XYO?
Yes! Remember crypto currency is like a stock. If you continue to contribute to the network as well as everyone else and the company improves, the stock price will increase! This means 1,000,000 XYO today could be worth thousands of dollars in a couple years! So remember to keep racking them up and stay up to date with The Crypto Intent news to find out if it's worth selling or keeping in the future.
How can I earn even more XYO?
There are a few bonus options to earn more coins. Watching ads earns about 15 coins each. Witnessing big Geomines has a potential of up to 1500 coins per day if you win the daily prize. HODL rewards builds up the more XYO you hold in your wallet. Big Geomines are found in random tiles worth up to 1000 coins. Geoclaims can make extra coins. Random geodrops are found throughout the map worth up to 250 coins each. Referral rewards of 10%. Sentinel sharing with 10% rewards(Requires XYO Bridge to make sentinel). If we forgot any post them in the comments.
So how do I get started?
Start by using the link below and you'll get your first 1000 coins FREE:
Watch this video from Dennis Rodman about COIN:
We will continue to update this article as things change. If you have any questions please feel free to message us or comment below.
If you keep your coins in the app you can gain hodl rewards and if your interested in selling them within the apo we would buy them.