There are several ways to earn from cryptocurrencies without being at risk of unstable markets or price swings. In fact, you don't have to understand the technicalities of cryptocurrency to profit from the high-yield financial instrument that is transforming the financial landscape. Hence, as a crypto newbie, and without investing a dime, I only made $950 a week by participating in a free crypto giveaway.
Obviously, you should be curious about making $950 in a week without investing anything other than your time, whether you're a beginner or a cryptocurrency expert. So, without further ado, let me tell you how I earned $950 a week by participating in a free cryptocurrency giveaway.
However, before letting the cat out of the bag, it is crucial I establish that this is not me recommending any particular cryptocurrency project or giveaway, as there are many crypto projects and giveaways that scammers are using to siphon off user funds. Therefore, be sure to conduct thorough research before engaging in any crypto-related activities.
That being said, let's talk about how I made $950 in a week with a $0 investment by participating in a free giveaway.
My Crypto Journey
Everyone was talking about cryptocurrency and how they were making x10, x100 off of a single token purchase. The hype was so intense that cryptocurrency appeared to be the only way to achieve financial independence.
Nonetheless, I didn't waste time before getting on the cryptocurrency train. However, understanding cryptocurrency's various terms and overall concepts were technical for a beginner like me.
As a result, the only way to begin with cryptocurrency was to follow top crypto influencers on social media, join online communities, and connect with other beginners who shared similar interests. Twitter, Telegram, and Discord were the social media platforms where I constantly learned about cryptocurrencies and top projects with good use cases.
Surprisingly, one of the Discord communities I'm a part of announced a giveaway to reward community members with free tokens. I was skeptical of the information because it was my first time encountering a cryptocurrency giveaway. It was odd because I thought it was too good to be true because who gives away a valuable asset or token to random people in a group?
However, after some research, I discovered that crypto giveaways are promotional methods for building credibility for a crypto project and exposing it to the right audience, which includes investors, developers, and users. In addition, I discovered crypto giveaways are important community-building tools that can be used to show appreciation for an active community, reward community members, and, most importantly, as a free word-of-mouth marketing tool.
So, seeing how participating in crypto giveaways is one of the simplest ways to earn free cryptocurrency, I didn't hesitate to give it a shot and see how well I could earn free cryptocurrency through giveaways.
Participating In The Giveaway Contest
Various ways exist to conduct a crypto giveaway depending on the crypto project. Crypto giveaways can come as airdrops, whitelist spots, presale, NFT minting, etc. On the other hand, the discord community I belong to is a web3 gaming startup looking for more participants and exposure to attract more investors. As a result, they launched a crypto giveaway as a lead generation strategy for community building, raising awareness, and gaining acceptance.
The contest was designed to be extremely targeted, as it requires referring people who are interested in the project's core objective because people are more likely to believe the words of someone with whom they share a common interest than a randomly promoted social media ad. The referral contest, on the other hand, is a win-win situation for both the project startup and me because the more people I refer, the more I earn and the more awareness and acceptance the project receives.
As a result, I eagerly entered the referral contest to earn free cryptocurrency. Aside from the prize, one of the best aspects of the giveaway process is the mode of entry and participation. To increase my chances of winning, I had to complete a social media task and share the giveaway with more people.
I discovered that the Web3 startup used the Cwallet Giveaway Tool, which allows the host to automate and customize the entire giveaway process, allowing it to be managed automatically. Apart from the simple mode of entry, which entails completing a simple social media task, what I liked about the Cwallet giveaway tool is that it takes the prize selection power away from the host and gives every participant a fair contest using a provably fair algorithm once they meet the requirement, eliminating the need to manually verify if each participant meets the requirement.
The Cwallet giveaway tool also enabled the startup to develop a goal-oriented draw method for selecting winners from all participants who completed the task as designed by the host. The goal of the referral contest was straightforward: refer 100 or more participants to be eligible for the prize draw.
Surprisingly, I reached the 100-participant mark within a week of participation and was one of the contest's chosen winners, which was done automatically using the Cwallet giveaway tool's provably fair algorithm while ensuring transparency and randomization.
Within a week of participating in a free giveaway managed by the Cwallet giveaway tool, I earned $950. I never imagined making free money from cryptocurrency with no initial investment was possible. As a result, the more referrals I make, the more money I earn.
As a user who benefitted from a well-organized crypto giveaway process, I decided to research more about the Cwallet giveaway tool, and here's what I found:
Distinct Features of the Cwallet Giveaway Tool
- Fair Draw: The Cwallet giveaway tool uses a fair algorithm that can be verified and back-tested to run the draw. It assigns a random number to each participant's Participant ID (PID). The algorithm computes the winning PIDs; because the numbers are generated randomly, no one, not even the giveaway creator, can manipulate the results to favor any participant.
- Custom Social Media Tasks: If your giveaways aim to build community, the Cwallet giveaway tool is ideal. You can use the giveaway tool to grow your community by asking participants to follow and join your social media pages, like and retweet your posts, and do other things. The Cwallet giveaway tool will track each participant's task progress by granting sign-in access to ensure that only those who complete the task are selected for the draw.
- Automatic Distribution: The Cwallet giveaway tool saves you time by automatically distributing the tokens to the chosen winners. However, if you want to be a part of the process, you can do it manually.
So, if you want to create a community, raise awareness, and attract potential investors for your cryptocurrency projects, the Cwallet giveaway tool is your best bet. It's simple, provably fair, and completely free!
The Cwallet App has many more interesting features than just the Cwallet giveaway tool that you can use for community-building for your project, such as a simple airdrop game and Bots that help you manage your Discord and Telegram communities.
Cwallet does not charge any deposits, withdrawals, and token swap fees. Therefore, using Cwallet is absolutely FREE!
So, what are you waiting for?
Download Cwallet NOW to enjoy many exclusive benefits!