Below is a comparison table of the top 3 opportunities I’m most excited about for re-claiming my time and living life on my own terms! #freedom #vanlife
Each is in the cryptocurrency space (sorry folks; crypto just far is superior at the moment. If you’re looking for non-crypto, try these: PoD, property, books & audiobooks – all are fairly passive and suitable for van life).
None of these opportunities are ‘financial products’ and, unlike PoD, books, property etc, none provide income in the form of fiat currencies such as USD/GBP/EUR etc direct to your bank account.
The 3 are all very different in how they operate, however each provide you with the opportunity to create an extremely passive source of income if you convert the rewards they provide.
- Most passive: YieldNodes (via server rental & masternodes)
- Best risk-reward: HyperVerse (via membership rewards)
- Highest risk-reward: StrongBlock (via becoming a ‘node operator’)
Yieldnodes is server rental with profit share on masternoding, HyperVerse is a membership rewards program and StrongBlock enables you to create nodes and earn rewards.
The rewards and/or crypto yielded from each opportunity can be exchanged other crypto such as Bitcoin which can then be exchanged be withdrawn to your local bank account. Or, you can spend the crypto directly via a crypto debit card, now available with many wallets and exchanges such as Crypto.com, Coinbase, BitPay, Nexo or HyperPay.
My Experience: I bought my first HyperFund membership in December 2020 and also deposited to YieldNodes. I purchased my first StrongBlock node in June 2021.
I have had an excellent experience with all three…
Overall, I’m excited about all three of these ‘new world’ opportunities and am excited about their potential…
My top 3 ‘passive income’ opportunities compared
I have grouped these under the umbrella of ‘passive income’ as they all have the potential to provide a fairly passive form of ‘income’, however that term might not be technically accurate for tax and other purposes…eg Strong and Hyperverse release ‘rewards’, which may be categorised as capital gains or some other means. Note that none of these are financial products and as such, no income claims are being made.
Please consult with a professional in your jurisdiction regarding tax and other issues.
These 3 opportunities are difficult to accurately compare like-for-like so, below the overiew table, I’ve written a few paragraphs on each and provided links to more in-depth reviews of my experiences.
* withdrawal token might change – has been MOF during 2021.
The above table provides some ‘at a glance’ information that enables you to loosely compare each opportunity.
Use your mouse or finger to scroll down the table and see all the comparisons – from minimum cost to participate and withdrawal fees to how ‘beginner-friendly’ it is..
Below, I go into a little more detail. You’ll also find links to individual in-depth posts on each.
#1 The HyperVerse
The HyperVerse (previously Hyperfund) is a private membership rewards programme and has been my #1 vanlife opportunity for several reasons. Firstly, it has the lowest entry point in terms of price to get started — a 300 HU membership costs 300 USDT (1HU is equivalent to 1 USDT) and at 3X will provide you with 900 HU in rewards which can then be exchanged for cryptocurrency and withdrawn. Similarly, a 500 HU membership costs 500 USDT and provides rewards of 1,500 HU….and a 1,000 membership, rewards with 3,000. You can buy as many as you wish as often as you wish.
Secondly, if you’re new to crypto (which many #vanlife folks are!), they crypto education is included; and education in this industry is a lifestyle skill that will open up even more opportunities to you. Having an understanding of blockchain and crypto (including being able to buy it and trade/swap crypto) means more freedom and more opportunity. On-demand and live-session ‘hands-on / practical’ education is available to every member; learn, understand and do!
They’re also the largest and most diversified of the three. HyperTech Group have been established since 2014 and have multiple revenue streams (including HyperPay and HyperBC). The membership programme has been delivering rewards since 2019 and they have a lively member community always online. It is also the most stable of the 3 as the reward delivery is fixed – currently delivering 3X your membership value at 0.5% per day of the purchase price.
Basically, this means if you do absolutely nothing except buy a membership and withdraw, you will have rewards equaling your initial membership cost in 200 days (0.5% X 200 = 100%) and then you will continue to get your rewards for a further 400 days, ie. until the 3X is fully delivered.
The rewards are daily and you can exchange and withdraw as soon as you have 50HU worth. It takes 24-48hours to withdraw (in my experience, usually 24hrs). There are also options to ‘rebuy’ and grow your rewards further every time you have 50HU of rewards. Overall, this is the fastest of the three opportunities in terms of being able to grow your rewards within the system, and/or being able to withdraw.
The HyperVerse is an invite-only passive opportunity. They also have a community building system that can accelerate your rewards (ie release your 3X faster)…which initially put me off until I understood it better.
It means even if you have only a little money you can still ‘make it’ with The HyperVerse through gaining education, understanding the system and helping build the community. If you are good at chat or have a decent network, you can start with very little and really accelerate your rewards by putting in a bit of effort.
I was a completely passive member since December 2020 until late June (ie. I did not take part in any of the ‘community building’ aspects) and am very happy with those six months. Now, I have started spreading the word and became a Sponsor – helping others understand and get the most out of The HyperVerse (known as HyperFund until December 2021).
Read my full post here or request an invite below.
NOTE: December 2021, HyperFund announced they are going ‘metaverse’ and rebooting as ‘The HyperVerse’. They’re also upgrading/deploying a new system, including TRC20 withdrawals (cheaper — yey!). It doesn’t sound like there will be many changes to the membership program (ie. the info above). If you pop your email below 👇, I’ll let you know when I have more info 😊.
YieldNodes is a server rental and profit sharing opportunity based primarily on masternoding. If you’re new to crypto/blockchain that won’t mean much, but it’s basically providing computing power for processing transactions and storage of blockchain ledgers. Fortunately, you don’t need to know anything about that to participate!
It is a relatively new company, small in size and the team are clearly working very hard and being very diligent in their communications. The minimum to participate is 500 Euro (approximately 600 USD) which is paid in Bitcoin (or Sapphire — a coin/token that is now owned by the Yieldnodes Decenomy team).
They have a simple method to deposit directly via either Bitcoin or with a bank card / transfer using third party services.
Of all three, their platform/service is the easiest to use (and easiest ‘concept’ to understand!).
Yieldnodes has been delivering results since 2019. I discovered them in November 2020 and invested in December 2020. Yieldnodes take 15% of the profit they make and distribute the remaining 85% to its users. The profit since 2019 delivered to users is 11% per month average and, over my full six months, this is almost exactly what I have received — there was a bumper 19.2% spike in February during the crypto bull run explosion and during the May/June crypto crash we seen a rather impressive 7.9% and 9.1% respectively.
The YieldNodes user experience is excellent, and whilst they have FAQs and are very responsive, you don’t really need them as everything in the dashboard is intuitive. They also provide a concise monthly email report/news that breaks down the monthly profit and activities, which I love. If you register an account you will receive the monthly email report (ie. you do not need to deposit to receive it).
Yieldnodes is the most passive of all three opportunities — it has a simple auto-compounding feature built in; literally, set and forget. If you are not compounding (or are partially compounding) you can request to withdraw your monthly return each month.
* The other good thing about YieldNodes is that you can withdraw or liquidate your deposited capital after around 7 months (6 months + the month-ish ‘withdrawal request’ timeframe). Note that a ‘compound’ is counted as a deposit, and so the same withdrawal rules applies each time you compound. Obviously if you were to withdraw your initial, your monthly return would drop as you’d have less capital to earn from, but it’s good to know AND it should be taken into consideration when assessing against other opportunities, such as the other two in this post!
However, the withdrawal process for Yieldnodes is the slowest and most controlled of all three; you can’t just withdraw your profit-share as and when you please. The Yieldnodes business model requires them to carefully manage their hardware and coins, so to withdraw (which you can do monthly), you must submit your request before the 15th of the month and the withdrawal will be sent by 8th of the following month via Bitcoin or Sapphire. However, each week they update the dashboard with weekly profits made. Read more about my experience with Yieldnodes here, or head on over visit the Yieldnodes site (if you register, you will also be able to see the community audits; look for the link at the bottom of the left sidebar menu).
IMPORTANT: the minimum deposit for Yieldnodes is 500 Euro, sent via Bitcoin….be sure to send enough BTC to make sure that at least 500 EUR arrives in your account after network fees….it’s rather annoying thinking you’ve sent 500-worth, only to end up with 492 in your account 😬 😡 🤦♀️ #doh! If in doubt, send a bit extra – it won’t go to waste because you will be able to deposit it all 🙂
The above banner uses my referral link (https://yieldnodes.com?a=589wrQL3KKjzPJD). You do not have to use it, and it makes no difference to you, however if you deposit using it, I earn a small commission 🙏.
StrongBlock generates income for their users via STRONG nodes and ‘nodes as a service’ (NaaS) offering. Note that the barrier to entry is much higher for StrongBlock than HyperFund/YieldNodes, both from a technical point and monetary. However there are potentially great rewards to be had.
If you’re new to crypto, STRONG is probably a bit technical to be your first crypto venture (you’ll need to be familiar with wallet security, MetaMask functionality and Gwei/gas fees…and ideally have a hardware wallet); crypto newbies are probably better starting with HyperFund or Yieldnodes or doing some basic crypto trades and ERC20 token transfers first + read up on Metamask and security.
I stumbled across StrongBlock in March/April 2020 but unfortunately didn’t look too closely (price was about 5X higher when I eventually bought #doh!). I created my first node the first week in June 2021, a few more first week in July and made my final purchase in August so compared to the other two, it’s relatively new to me. However, I feel this might be the goose that lays the golden eggs as the market cap is low and the business model has a lot of potential (note that StrongBlock is currently not generating profit — it is a ‘startup’ of sorts still refining its technology and business model)…basically, IF StrongBlock is successful in finding ‘product-market-fit’, things could be rather awesome for node operators.
Strong nodes requires the most capital to get started with as each node costs 10 STRONG (+£14.95/mth, +ETH network fees). Multiply the current price of Strong by 10 (and add a bit extra!) to work out roughly how much a node would cost you (ie the minimum to get started).
Current Strong price:
The current return is 0.1 STRONG per 7,000 blocks — around 0.092 STRONG day, per node. If the price and rewards were to remain stable, it would take around 111 days to return your capital, taking into account ballpark fees and Gwei. If the price of the Strong token goes up, that would reduce and if the price goes down, it would take longer. I like to think of it as 0.09, just to allow a bit of leeway.
The rewards will likely* get reduced at some point (unknown). If you’re starting out with just one node, Strong will be the slowest to ‘compound’ as you need to wait until you have accumulated 10 STRONG before you can do anything with them (plus fees)…ie. around 111 days, including fees.
If compounding is your plan (ie using your node rewards to buy more nodes), it is better to try and start with as many nodes as possible (within reason!) so you can accumulate 10 STONG faster. Due to gas fees, in reality you generally would not want to claim any more frequently than 2 weeks anyway (how long totally depends on Gwei gas prices &/or Strong price) so there is a ‘limit’. But essentially if you started with 2 nodes it would cut ‘compounding’ to about 55 days, 3 nodes would be around 37 days.
Note that by ‘compounding’ I mean the ability to create a new node using the rewards generated by your existing node(s).
To ‘withdraw’, you claim rewards ($STRONG tokens). Each time you do this there is a ETH gas fee per node and a variable based on the number of STRONG in the claim…because of this, it generally makes more sense to withdraw less frequently regardless of how many nodes you have eg. every 2 weeks depending on what the gas congestion is like and Gwei price (check at one fo the gas estimator tools EthGasStation, EthGasWatch or ethereumprice.org/gas…unfortunately GasNow.org has stopped operating) otherwise gas fees can eat up a lot of profit.
For claiming rewards, I have varied 1-3 weeks based on factors such as if I am compounding and gas fees.
Like many blockchain companies, StrongBlock is a ‘startup’. It has been operating since 2018 with an experienced CEO, David Moss (ex-EOS), and their Strong Nodes as a Service (NaaS) launched December 2020. At time of writing, Strong sits around position 500 in market cap and so has a lot of room to grow. However, with crypto, and especially with ‘single coins/tokens’, there is also great risk due to the massive volatility in price.
StrongBlock’s business model is decentralized ‘Blockchain as a Service‘ (BaaS), however we are currently in early days and most of the rewards come from Strong itself — that 10 STRONG you pay for a node essentially pays for node rewards.
Why? Well StrongBlock need to grow it’s number nodes and prove the concept before it can commercialise and become self sufficient, until then the node rewards are primarily funded by node purchases. A lot of the ‘information’ is quite speculative at this stage and so it is currently a high risk investment with potentially very high returns. The commercialisation phase is about to commence #excitingtimes.
Watch this space and also *please keep up with the AMAs regarding rewards and any potential reductions…I try to share notes on all the AMAs all here > Read more about Strong Nodes here.
I’m blown-away by all three of these opportunities. I encourage you to read up more on whichever interests you most — or all of them — and do some due diligence. Note that they are all very different and each have characteristics that mean they cannot easily be compared ‘like for like’.
Ping me a message if you have any questions 🙂
Here are links to more in-depth articles on each opportunity: