Most cryptocurrencies rely on mining to validate transactions, offering rewards for miners in the form of the asset they mine. With the new COIN app, earning cryptocurrency becomes substantially easier, requiring a small device that attaches directly onto the users’ smartphone.
- The new COIN crypto app allows consumers to purchase a device for mining from their phone called the SentinelX.
- XYO technology allows users to collect XYO crypto assets with GPS locations.
Dennis Rodman is fairly well known for his controversial and well-publicized nature, but he decided to bring some of that attention to the cryptocurrency industry recently. Popping up in a promotional video for a new crypto app called COIN, Rodman starts showing off the platform at the start of the commercial, but the video soon evolves into something much more believable from a man like Rodman.
Rodman tells viewers to download the COIN app and purchase a small device called a SentinelX that costs nothing for free shipping. The intention of the commercial is clearly to show how consumers can get cryptocurrency wherever they go, but they demonstrate this by Rodman going to various areas in his home, shaking his phone in a rather suggestive movement at waist level.
The reason that COIN is rising in popularity is due to the fact that it allows consumers to earn cryptocurrency from their smartphone. The XYO technology essentially makes the user’s phone into a device that validates the data of things nearby, using GPS locations based on 30 satellites. As the user validates their location, they earn XYO crypto assets.
As the user moves around, they are rewarded by COIN for verifying the data of things around them, appealing to consumers that drive and travel a lot. According to reports from Fast Growing Tech, the individuals that seem to make the most cryptocurrency from the COIN app and SentinelX are rideshare drivers and truck drivers, considering the many miles they put on their own vehicles.
In cryptocurrency, the value of an asset grows as more people purchase and own it, which is the concept behind this token as well. However, even if the price of XYO remains the same, increasing the number of tokens that a user owns will overall increase what they make from this app.
Consumers can get a free geomining device by visiting coinapp.co/free/.