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How To Earn Passive Income Online with Honeygain & Netbox Global

Warren Buffett’s famous advice to people seeking financial independence is

“If you don’t find a way to make money while you sleep, you will work until you die.”

Another way of saying this, is that unless you’re in the top 10% of salaried workers, it’s very hard to get ahead without extra streams of passive income.

Enter Shawn Willard, YouTuber and creator of Passive Incomes Online. Shawn is a former drywall contractor who began curating digital income strategies and building up an army of smart devices to execute his strategies.

In an appearance on a Make Money Online webinar, Shawn was asked about his preferred income generator apps that he uses currently.  He named two:  Honeygain and Netbox Global.

Honeygain – Sell Unused Bandwidth

Honeygain sells your spare internet data to data scientists who have huge bandwidth requirements for their computations.  It runs in the background while you use your internet service normally. According to Shawn:

“This is something that runs 24/7 in the background of your device. There is no opening it daily. it’s
100% passive once you’ve installed it and set it up. It is now running in the background and it is selling your unused bandwidth. The general public that purchases unlimited bandwidth programs monthly don’t even use 10% of our actual allowed bandwidth so why not make money back towards our internet bill?”

How Much Does Honeygain Pay?

The profits from Honeygain aren’t huge, but do amount to a substantial rebate on your monthly internet bill. One device will generate something in the neighborhood of $20 per month.  According to Willard, he has up to three devices (on different internet providers) running Honeygain at any given time.

Netbox Global – Blockchain Backed Web Browser

Netbox Global is a browser that you can use to replace your traditional Chrome, Firefox or Safari that pays you in an ERC-20 (Ethereum-based) token called the $NBX token.  Here’s Shawn’s take:

“I went from Chrome browser which pays you nothing, to a crypto tab browser which is the exact same as Chrome. You earn a tiny bit of crypto, but it’s more about the referral based system. This particular browser is completely lightweight; I’m opening way more tabs on my computer which I can earn more income from more sources on each tab. I’m earning off of all of my browsing activity in the form of NBX token which is an ERC-20 Ethereum token that can be easily exchanged for Bitcoin.”

In addition to browsing and referrals, you can earn additional tokens on Netbox via “staking,” which is holding funds in a crypto wallet to support the NBX netowrk.  You can also earn by creating a masternode, which is a governing hub that has special privileges within a crypto network. This level of involvement is for crypto pros, as the masternode setup looks pretty cumbersome, including downloading a series of scripts and private keys to sync with the NBX network.

How Much Does Netbox Pay?

Also, again the earnings are very incremental.  At the current value of NBX, operating a masternode will earn you about $1.22 a week.  So, as this one is something of a trickle — it’s definitely something you want to combine with other income streams while NBX is still in its infancy.

 

Here’s the excerpt from the Make Money Webinar.

Here’s the full transcript:

speaking of passive income let me ask
you a little bit about honey gain which

is a service that allows you to sell
unused bandwidth how does that work

it’s an application that is available
for PC Windows Android devices and also

iOS Mac computers you can download it
from the Honeygain website when you

start with it you will start with a $5
balance you can cash out at $20 and I’m

making one of these $20 every money in
20 but the best part of both the honey

gain application and program is you can
have three devices per is key so you

have one internet connection in your
home if you have another internet

connection that you’re available to hook
up these devices on three of them you

could have them all running into the
same account balance you can start

making one choice every month oh that
looks like a big bill Canadian currency

amount fifty dollar bills okay you can
keep going can ask you a question Sean

so in terms of the unused bandwidth is
this something that you just run kind of

at night when you’re not using the
internet or is it just something that

runs 24/7 in the back this is something
that runs 24/7 in the background of your

device there is no opening at daily it’s
100% passive once you’ve installed it

set it up open it it is now running in
the background and it is selling your

unused bandwidth which the general
public that purchases unlimited

bandwidth programs monthly don’t even
realize that we don’t even use 1/10 of

our actual allowed bandwidth so why not
make money back towards our internet

bill and you say that you get in the
neighborhood of 20 bucks Canadian a

month just from running this in the
background I’m no $20 USD I’m just

showing you a twenty dollar Canadian and
bill for example all right well we’re

excited about USD well that sounds great
it’s not super easy what about netbox

global so this is a blockchain based
browser I guess you just use it as a

substitute for your regular browser like
Chrome or Firefox etc I’ve chosen to use

it as the complete replacement
I went from Chrome browser which pays

you nothing bloat your computer slows
everything down to crypto tab browser

which is the exact same as chrome bloat
your computer slows everything down but

you are in a tiny bit of crypto it’s
more about the referral based system

with crypto tab browser still a great
browser for earning this particular

browser is completely lightweight
I’m opening way more tabs on my computer

which I can earn more income from more
sources on each tab if they’re running

flawlessly and I’m earning off of all of
my browsing activity everything I do in

the form of nbx token which is an ER C
20 a theorem token that can be easily

exchanged up to Bitcoin so in other
words the USD in other words using this

browser get a crypto currency like
Bitcoin but different that you can then

exchange on a cryptocurrency exchange
for Bitcoin or for US dollars or what

happened whatever particular currency
you prefer but Bitcoin is what

everybody’s after but you’re monetizing
all of your browsing usage by using this

particular browser anything you do on
your browser and it’s the exact same

interface as Chrome nothing changes so
again it’s just another system that you

can run in replacement for something
that you’re running already which is

your regular browser and you’re just
racking up this cryptocurrency just by

using it

 

For more of Shawn’s income strategies, see his YouTube channel, Passive Incomes Online.