Cryptocurrency is one of the hottest topics right now with bitcoin, altcoins, and the various tokens taking over our news feeds. Non-fungible tokens are popping up everywhere but most have been shown to be unreliable and risky, however, we also hear about those people that are making serious profit. So what should you invest in?
There is a new token on the market called Passive Income Token ($PASV). Passive Token is taking cryptocurrency to the next level by adding real-world value through passive income.
Passive token is the new cryptocurrency
There are over 20 million coins already in circulation and investors have paid massive prices for these coins. In the past year, 1 bitcoin has reached more than $45,000 and Ethereum more than $3,000. While investors look for quick gains, there are many projects popping up to provide real-world value through the use of blockchain technology. Passive Token being one of them.
Passive Token is a new cryptocurrency that offers the community a unique way of generating monthly passive income. The token is the first to be fully compliant, fractional, and can be used for tokenized ownership of businesses, technologies or assets. This community-driven crypto was designed to add real-world value, where you can stake in specific projects such as real estate to increase wages with little effort.
Passive token brings real-world value to cryptocurrency
Passive Token is an open-source smart contract that includes a web-based wallet and a set of Ethereum-based applications that work with the platform. Each application provides a different passive income opportunity. With Passive Token, you can gain fractional ownership of real-world assets through these different projects.
Asset management companies will be the first platform under development. The community will be able to invest tokens in the company and get rewards based on revenue generated, which is distributed automatically via smart contracts.
Passive token is the perfect crypto for beginners
Investing can take a lot of time and knowledge. Many people don’t know where to start, especially when it comes to cryptocurrency. Passive Token was designed so the community can work together and collectively earn income. This reduces the risk as well as the extra effort that many investments take.
Passive Token is a diversified cryptocurrency pool that spreads your money over several different assets, rather than just one. This means that you are less likely to suffer financial losses and you will then own a piece of the pool that funds the project once you stake in it.
This is an opportunity to invest in not only real-world assets but something bigger, something you haven’t done before. The process is quite simple and The Passive Token website has provided all the necessary information to get started.