How to earn money from selling internet data in 2023 ? Generate passive income

 

How to earn money from selling internet data in 2023 ? Generate passive income

If you have unlimited or unused internet data, you can potentially monetize it by using Honeygain.
Honeygain makes your data allocation (and your internet bandwidth) available to its business partners, who use it to complete a range of research-based business tasks and, in some cases, to (legally) circumvent location-based website access restrictions. 
In exchange for allowing these third parties to use your data and bandwidth, you earn credits, which can be exchanged for cash once a $20 threshold is met.

Honeygain advertises itself as a passive income app, claiming that you just sign up, start sharing and watch the credits roll in. In our assessment, that’s true. But the big question is whether or not it pays enough to make even that little bit of effort worth your while.

Note: While we don’t question Honeygain’s legitimacy, no member of our editorial team was comfortable running the Honeygain app on their devices. The company provides little insight into specifically how the data you share is used by its partners, as well as minimal information about how it protects your personal data. This article explains these concerns in more detail in an effort to help you determine whether Honeygain is right for you.

What Is Honeygain?

Honeygain is a platform that allows individuals to become “residential proxies” (i.e., digital middlemen). 

When you share your internet connection with Honeygain, the company then shares it with its business partners.
Those partners use your data allocation and bandwidth to complete a range of online tasks, such as looking for unlicensed copies of their products, confirming that their ads are displaying properly, checking to see if their apps and services are running as expected in certain locations, and accessing other (geo-blocked) content from around the globe.
In exchange for sharing your data and bandwidth, you earn credits that accumulate and can eventually be redeemed for cash or cryptocurrency. 
To begin earning, you simply need to download, install, and then open the Honeygain app on your internet-connected device. Once you log in with the credentials that were used to sign up, you can allow Honeygain clients to access the web from your location.

How Honeygain Works
To better understand how Honeygain works, let’s discuss residential proxies in general. 
Residential or peer-to-peer proxies, like Honeygain, share individual IP addresses with third parties. These entities go through an intermediary server, then the user’s device, to a website. 
The businesses can then complete various activities to test aspects of their business and/or gain competitive intelligence using the participant’s IP address and location instead of their own. 
You may be wondering what it is they’re testing and why they need someone else’s IP address to do it.
Many websites geo-lock their content so that it can only be accessed from certain regions or countries. Using a residential proxy allows businesses to rotate devices to utilize web scraping software, search for violations of their intellectual property, complete other various competitive analyses and price comparisons, and confirm advertisements and applications are displayed properly in different regions.

In other words, they use your data allocation and bandwidth primarily for ad verification and market research purposes.