Passive Income
In the financial world, the term "passive income" is used for investments which earn dividends for the person involved without much, if any, additional work required on their behalf. There are quite a number of tokens available that can provide a small amount of passive income for token holders — staking CreativeCoin (CCC) can earn you more CCC, for instance. But this post will talk about three of the tokens that can earn you STEEM just by holding the tokens, no staking required.
Each of these tokens actually does something with the income received by the issuer of the token when they are purchased, and then a small percentage of the ROI from their project is returned to the token holders as a "thank you" for the support. I first became aware of this when one of these tokens was given to me as a gift and I saw what happened afterwards. I learned about the other two by networking with folks on the blockchain.
screenshot from Steem-Engine.com
🔸 The @qurator project has issued the Q token which returns a nice dividend to both holders of the Q token as well as to those who delegate to their curation project. I have been pleased with the dividends so far, and probably will be increasing my participation in their project.
🔸 The @tipu project has the TIPU token which returns a dividend to token holders. The return is currently smaller than that of the Q token, but it is a cheaper token, too, so better for those without much liquid Steem to spend, or those new to the passive income concept.
🔸 The @solairitas project has the SOL token and seeks to construct a grid-tied solar/wind farm. Token holders are rewarded with upvotes from the project in lieu of dividends, but that is still a nice trickle of economic incentive while helping further a clean-energy project. Of course, the ROI on this token requires one to write posts, so it isn't as "passive" as the other two, but hey...
The following is a screenshot from my SteemWallet on @steempeak which shows a few of the returns:
The rewards might look small, but remember that I am only holding a few of the tokens for each project at the moment (10 Q, 15 TIPU, 40 SOL), and little bits add-up over time! All three of these tokens are available on the Steem-Engine exchange for anyone interested.
😊
16-Nov-2019
