Retracing the journey of the crypto dollars bringing in the crypto cents
Earn Learn and Play De-Fi before Investing
What is your opinion of an app sitting on your phone doing nothing much except, putting your money to work and you watching the dollars (read crypto) bringing in the cents and the cents bringing in more cents periodically?
Interested?
So read on
To Make Money You Need Money
If you are intending to enter the financial markets you need a certain capital to invest to make money. However investment is full of risks and you lose some and you win some.
Lose money or gain Experience
Some times you invest right and make some money and on other occasions you lose all or some part of your investment. Despite the loss you can learn from your mistakes.
How about learning and earning without an initial investment?
The opportunity I am talking about came by way of installing an app that one can install from the apple or the google play store
Alternatively one could install the app from the download page as well.
I say this opportunity way back in May 2020
Getting started with https://www.wedefi.com/
Wedefi.com is a platform that designed to let you earn in two different ways
- By way of interest that you earn by way of staking your tokens.
- By placing your bet in a SAFEBET Here you place a bet on a game and lock your funds.In case you win you get a reward that you are playing for.
If you were to lose you get the investment back.
To undertake this investment journey one would need a mobile phone (Android or Apple) and and internet connection.
Two ways to download the app
One can download the app from the app store or directly from the site https://www.wedefi.com/
Install the app and follow the steps
Select a username and enter a referrer for additional credits
TIP: By adding Alz190 under "Add Referral" section can get you additional credits.
Backup the recovery Phrase
Select a PIN
The dashboard gives you an overview of your account
At the time of account creation I had received 100 Fusion tokens which were borrowed assets. This means they were on loan to me and I could use them for a specified period of time.
Using the Earn button at the bottom of the dashboard one can put these borrowed tokens to work. Starting from the very next day I started receiving interest on a daily basic on the 100 fusion tokens which I had received as borrowed assets. The earn section gives you two ways to warn
- By way of earning a daily interest or
- Participation in games for a chance to win bigger rewards as winning . This requires a purchase. In case you earn a prize you keep it. If you do not win the lottery style game your investment is returned to your dashboard.
My progress so far
When interpreting the return a figure of 3.31 FSN is more realistic on an investment of 100 FSN This is for a span of time starting from 23rd may to 2 Aug
Looking at the $ value 1.91 may not be present a realistic picture. As price on 23rd may was around $0.35 and current price being around $0.58 therefore the $1.91 value factors in this price increase as well.
This value of 3.31 FSN is still on paper as I have not transferred it to any external wallet.
Alternatively one could buy a game ticket and try our luck through a game of chance Safebet. Here if you win you get the prize and if you lose the bet amount is returned to you.
Is No Risk All Reward a viable defi model?
This is surely an interesting way to promote a project and overall it has been an interesting experience however one needs to do a lot more research and connect to their social media channels to see how the communication flow grows before making any investment choices.
This was my journey and a new experience for me. Though it took some time for the initial tokens to arrive however rest of it has been smooth except for transferring earned tokens to external wallet which I am yet to try.
If you are interested in earning some extra income
Easy free Crypto money site method even grandma can do Or wanna try your luck? Win a lambo Get free crypto or More?
- As a long term supporter of project hope I am sharing 25% of the earning of this
post with @ph-fund that helps sustain the community economy
