COIN App: How Much I Got PAID To WALK! #Best Education Page #Online Earning

- All right, so I thought I was done reviewing

these different walking apps.

So I'm minding my own business, watching a TikTok video,

and all of sudden I get an ad for something

called the COIN App,

which again, claims they're going to pay you

for simply walking.

- You can literally start earning digital currency

of the future just by downloading this app.

- So I just so happen to be in Mexico

walking on the beach, so I figured,

what better time to actually try this out.

So I'm gonna do what I do best,

put on my walking shoes, and I'm gonna do some walking.

However, I am barefoot, so we're gonna 86 the shoes

and we're gonna see how much money we can make

with the COIN App.

(rhythmic music)

We have fully exhausted our water supply,

but we gotta keep on walking to earn that passive income.

Actually, this is the exact opposite.

This is very active income that we're earning right now.

Guys, I've realized I was being an idiot.

I'm literally surrounded by water right now.

So I filled up my bottle.

So we are back in action.

Let's get that bread.

Hey, what's up here, guys?

It's me, Ryan, breaking the third wall.

Anyways, while I was on my walk,

I was able to scavenge for some food,

which was very helpful on my journey.

(water crashing)

(rhythmic music)

So I lost cell service three hours ago.

I have no idea where I am.

So I decided this was a good place to make shelter.

I set up a bed over here.

I found a some kind of mat and a pillow,

and we're gonna take shelter for the evening.

And then hopefully tomorrow, I can find out where I am.

But the good news is, I'm making that sweet coin.

All right, guys, we are back safe and sound

here in my office.

Luckily, while I was in Cancun and I was lost on the beach,

a shark came to shore and gave me directions,

so I was able to get back to my resort.

So everything is good and I am back home today.

So here we are again with another one of these apps

claiming to pay you for simply walking.

So we're gonna do a deep dive on the COIN App now

and talk about what you're actually getting,

how you're earning these coins.

And this time, rather than with Sweatcoin,

where you're just getting a currency

that's not really real,

it's just points to use towards redeemable offers,

mostly sponsored offers, with this app,

you're actually getting a cryptocurrency called XYO.

Now before you get too excited, guys,

wait until the end of the video when we talk

about what this cryptocurrency is actually worth.

So just for signing up for the COIN App,

I got 1,000 of these XYO tokens.

And then while I was in Cancun walking around,

I was able to earn an additional 101.79 XYO,

bringing me to a grand total of 1,101.79 XYO coins.

Now the only thing is,

you do have to hit a 10,000 threshold

in order to cash out and have that XYO cryptocurrency

transferred to an external wallet.

Now here's one of the cool features of the COIN App,

which is not the case with Sweatcoin,

and real quick, I just wanna make sure that I make

this disclaimer here, guys.

I am not personally affiliated with the COIN App,

and I'm not getting any kickback or sponsorship

for talking about them in this video.

But one thing that is interesting is that you are able

to earn coins not just for walking,

but you can also earn it while bike riding

or skateboarding or even driving at slow speeds.

So one blog actually did a test.

I'll but it up on the screen here.

And they found you can earn coins while moving

up to 37.5 miles per hour,

whereas with Sweatcoin, you had to be walking.

If you were going too fast,

you would not be earning the coin.

And here is where the COIN App

gets a lot more complicated than Sweatcoin.

All right, first of all,

as I'm sure you guys are familiar with,

you're earning coins because you are sharing your location

with the COIN App.

So the COIN App is essentially using this location data

to anonymously verify location-based problems

that enterprises are looking to solve.

For example, an e-commerce company might be wondering,

"Hey, has this package been delivered

"or are my truck drivers in fact in the location

"that they say that they are?"

Now personally, I'm suspicious of whether or not

any enterprises or companies are actually paying

COIN App just yet for this data

because it is very early on in development.

But it is interesting and down the road,

it may have some useful applications.

Now as you have the app open and you're walking

or essentially, moving less than 37.5 miles per hour,

you are earning the XYO tokens,

but there's also this weird prism-like device

called a Sentinel that you can purchase.

And on their website, it says all you're paying for

is the shipping, so it's not very expensive.

And this device allows you to earn up to 12 times more

of the XYO while you are moving about,

as long as you have that on your possession.

All right, next up, we have something called Geodrops,

which is where you can actually drop these XYO tokens

for other people to discover.

So I actually tried this while I was at Starbucks in Cancun,

but you can't drop any XYO tokens

that were given to you for free.

So I was unable to do this because I didn't earn

enough myself to do a Geodrop.

And then finally, we have something called Geoclaiming,

which is where you claim a certain area on the map

for a set period of time,

and then you earn a percentage of any XYO mined

in that location.

Now where this gets a bit more complicated

is that multiple people can claim one area at a time,

and if they do that, the percentage of the XYO

that they earn is going to be split accordingly.

So if it's two people, it's going to be split 50/50.

So now I wanna answer my favorite question, which is,

how exactly is the COIN App making money?

Well, first of all, they do have this ability

to sell this location data to enterprises and companies,

but like I said, I'm suspicious of whether or not

they're doing that just yet because it's so early on

in the development of this app.

Where I know they're making money

is through subscriptions and paid ads.

Within the app, you can click a button

and it allows you to earn XYO

by watching a paid advertisement,

and they also have multiple tiers of paid subscriptions

that allow you to accelerate your mining or earning

of the XYO token.

So finally, let's answer the burning question,

is this app worth it?

I'm not gonna say whether it is or not.

I'm just gonna share with you guys exactly how much

I was able to earn and what the equivalent value is

of this currency, and then you can decide for yourself

whether or not you think it's worth it.

So like I said before, you need to have 10,000 coins earned

in the app before you can cash out

and transfer to an external wallet outside of the app.

And according to CoinMarketCap,

XYO currently has a value

of 0.000264 USD per coin.

So essentially, that means if you were to earn 10,000

of these coins and each one is worth .000264 USD,

if you earned 10,000,

that has an equivalent USD value of $2.64.

Now I'm assuming most people who do this

are hoping that this value right here goes up over time,

but based on the charting I've seen,

it's done basically nothing.

So I was unable to cash out because I wasn't able

to accumulate 10,000 XYO.

And based on a number of forums I was looking at

and Reddit users, it looks like it would take you

about a year to earn 10,000 XYO

at the base mining speed.

So that means you don't have a Sentinel,

and you don't have any paid subscription.

And personally, I don't think that's worth it for me

to be leaving the app open on my phone,

burning out my battery, and sharing my location

at all times, but you, of course, may feel differently.

Now another interesting feature is that within the app,

you can actually purchase Bitcoin

and other large popular crytocurrencies,

but again, the exchange rate is very, very high.

So for example, if you wanna buy .025 Bitcoin,

you're going to have to cash in 472,699 XYO

for the exchange.

So in my opinion, guys, based on looking

at a number of these free apps that give you, you know,

some kinda free reward for walking

or scanning receipts, what I find with every single one

is that most of the time, people who use the app

will not meet the reward threshold to actually cash out.

And when you combine that with the paid subscriptions,

as well as, you know, the fact that they have

the in-app advertisements to earn extra points,

that is how these companies are able to make money.

But at the end of the day,

you can decide whether or not it is worth it to you.

But let me know what you guys think about this app

down in the comments section below.

If you've actually been able to cash out,

I would love to hear what you guys think.

But anyways, that's gonna wrap this up,

and thank you so much for watching.

Make sure you subscribe if you are new,

and I hope to see you in the next video.

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