NEWARK, DE / ACCESSWIRE / March 7, 2022 / Google searches for ‘crypto passive income’ have hit their all-time high in February 2022. Google Trends data shows the idea of generating regular income via crypto assets only became popular at the beginning of last year. Interest rocketed up in December before record-high inflation gave ‘crypto passive income’ its moment in the spotlight.
Cryptocurrencies hit headlines last year with stories of 12-year-olds making hundreds of thousands from whale NFTs (this happened in London last summer) as well as the unimaginable 45,000% growth of meme-coins like Shiba Inu. NFT sales in respected auction houses like Sotheby’s also hit over $100 million throughout last year. Needless to say, more people than ever before will have heard of crypto after currencies like Shiba Inu exploded.
The problem is that newly-made millionaires in crypto are not the norm. Most traders quickly realise they need to watch markets hourly to figure out when’s a good time to sell and reap any profits. Enter crypto passive income. Let’s look at how EverGrow Coin – is filling this need and could beat Shiba Inu this year.
EverGrow Coin – the crypto for passive income
EverGrow Coin only launched in September, but it launched with one goal in mind: becoming the number 1 cryptocurrency for passive income. EverGrow’s team includes chairman Sam Kelly – a fully-qualified and top investment portfolio advisor from the UK – who quickly realised the need for decoupling crypto income from market fluctuations. EverGrow Coin does this in two main ways: stablecoin reflections, and generating positive volume from an ecosystem of connected applications.
At the heart of EverGrow Coin’s utility is an 8% tax on all EGC transactions, which is instantly distributed in BUSD to EGC coin holders. BUSD is one of crypto’s top stablecoins (pegged 1-for-1 to the US dollars) with a huge range of uses on the Binance Smart Chain (BSC) network. BUSD can also easily be withdrawn into fiat currency and instantly used in the real world as payment. BUSD does not fluctuate in price, meaning EGC coinholders can make use of passive income without touching their actual EverGrow Coin positions. To date, EverGrow Coin has paid over $35 million to investors (in under five months).
By the end of March, EverGrow Coin will have launched two key applications: a social media platform called Crator, and an NFT marketplace. Both of these will appeal to crypto newcomers and diehards with a suite of possibilities for making extra income. Crator, for example, allows content creators to receive tips and subscription payments in crypto or fiat, while advertising can likewise be paid for with crypto or fiat. Aside from disrupting top applications like Facebook, OnlyFans and Patreon Crator also has passive income benefits for EverGrow Coin holders. Any profits from Crator (after deducting operational costs) will be used to buy up EGC and send it to a burn address. This raises EGC’s scarcity while also generating instant BUSD rewards for investors.
EverGrow Coin recently partnered up with the top rewards token SafeMoon, and has quickly established itself as the no.1 rewards token on the Binance Smart Chain and one of the top in the world. With the rollout of Crator and an NFT marketplace this March, EverGrow Coin will get closer to its goal of being the top crypto passive income generator.
EverGrow Coin
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https://evergrowcoin.com
SOURCE: EverGrow Coin
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