ByteLixir is a platform where users have the opportunity to make money sharing your internet while relaxing. Selling bandwidth is one of the easiest and the most profitable online earning types. Users who are not yet familiar with our online earning service sometimes confuse a type of passive income stream via ByteLixir with freelance. In the following article we will discuss the differences between these two concepts.
Freelance as a way to make money online
Freelance is a job on order without need to be registered as a staff member.
Freelancers perform any specialized work. But for the most part, freelance is regarded as an online earning related to computer technologies, such as:
- Developing programs
- Design creation and image processing
- Texts and audio translations
- Writing scripts and articles
- Social media marketing, etc.
Freelance has several features, each of which has a positive and negative sides:
- Finding clients and personal competition
- Self-organized workflow
- Freelance tools.
Finding clients and personal competition
Freelancers are responsible for financial self-care and planning personal finance on their own. These specialist look for customers by themselves, set the desired price and are into self-development according to the rivals’ mistakes. At the same time freelance skills have to comply with the level of competitors and above. That means a presence of a pre-prepared portfolio. As a freelancer you have to set the price for services on a par with other market participants. Otherwise you will lose clients scaring them off with inflated prices.
Self-organized workflow
Freelancer works at any convenient time, with any number of breaks. But this does not mean that the supply of time is infinite. Each order has a deadline when it has to be completed, so detailed planning is advised before starting side hustles.
Freelance tools
A simple smartphone is enough to carry out some tasks, even collect zero-effort money with AI models. But other fields require expensive software and equipment, for example:
- 3D graphics
- Animation
- Custom photography
- Sound recording and mastering.
These passive income streams for digital nomads and other digital experts bring good earnings. But this can not be considered as "income from nothing." It is a permanent difficult work, quite exhaustive sometimes, that offers no paid days off or medical insurance. We recommend you to weigh all the pros and cons before taking on your first project or moving from full-time job to freelance.
Ways to earn passive income in 2023
Passive income is a term uniting earnings without active actions taken on your part. The types of passive income streams are presented widely in daily routine. These are:
- Real estate rental, vehicles or equipment leasing
- Deposits and securities
- Government subsidies and payments
- Contributions from of registered trademarks or copyright
- Computer resources’ application for commercial research
- Selling internet bandwidth.
The disadvantage here is that some types of passive income streams offer no opportunity to increase profit. For example, raise the percentage of payments on securities or the state pension.
ByteLixir assists to make money sharing your internet with options to enhance the received profit. We have a special online earning opportunity for internet service providers, just as for the web developers.
How to make money with Wi-Fi or mobile internet
Bandwidth is the amount of information transferred over your internet connection per unit of time. Online service providers sometimes refer to the number of gigabytes they give you per month as bandwidth, but that's technically not the correct definition. Most of us these days have so "wide" domestic bandwidth that it's hard to get the most out of it. You can connect some smartphones, a couple of laptops, a gaming console, and Smart TV to your home router. All devices work simultaneously without delays.
Selling internet bandwidth turns the online connection itself into a source of passive income. Every month thus pays for itself and even makes some extra dollars. To make money sharing your internet with ByteLixir you need to follow some simple steps:
- Sign up on the platform and pass verification (optionally).
- Choose a preferred method of receiving payments in USDT, TRX, BTC, ETH, TON or other supported cryptocurrency.
- Download the app, install it on your devices. Windows and Android are supported at this moment, application for other OS will be announced later.
- Sign in to all instances of the app on every gadget with your login.
- Leave the active program online.
The average income of users can raise up to seven time in a couple of years, as achievements of ByteLixir users in 2020–2023 show. This is enough to partially or fully cover the spendings on internet connection, depending on the pricing plan.
Our passive income system offers a number of methods to increase the average bandwidth revenue. To do so:
- Install the application on several devices.
- Utilize different networks. Grant the application access to home and mobile internet, install ByteLixir on an office computer if it is allowed by the company’s rules.
- Connect proxy servers to the individual account to sell bandwidth in areas with higher demand.
- Participate in the partnership program. Invite new users via the individual link to collect extra commissions through the referral system. It is a payment dor the contribution to the project development.
Different articles on all the methods of beneficial online earning are available in our blog. Ask for details and troubleshooting our technical support or visit the F.A.Q. section on the official ByteLixir website.