LYFCOIN
Lyfcoin
Published in
4 min readNov 28, 2019

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Why Is Lyfcoin not MLM(Multilevel marketing) / HYIP( High yield investment project) Or A Get Rich Quick scheme?

Honestly, it all depends on the perspective. Lyfcoin is not a get rich quick scheme, but for people connected to a laptop or their phones all day, there is some money to be made in bounty programs and airdrops. Crypto is making a comeback a few months ago Bitcoin was at the $3000s mark and is not hovering around the $7,000 mark. The Market is not dead and there are new tokens still being launched almost on a daily basis.

There are two types of bounty programs that most start-ups use, the pre-offering bounty and post offering a bounty.

The bounty programs launched on the Lyfcoin platform are the post offering bounties and are adhered to by a third-party platform.

Telegram airdrops-

Lyfcoin is airdropping $10 worth of their tokens to people who join their telegram community and chat with their Telegram bot, complete easy social tasks and submit their details to the airdrop forms to claim the tokens. The best referrer who gives the company at least 500 real live human people interacting and signing up to the Lyfcoin platform has a real chance to get a one-time payout of $2000 in LYF coin tokens.

Tokens for posting:

Write a positive article about Lyfcoin, post it to your blogs like medium, hacker noon, LinkedIn, or create a video or review and paste it on your YouTube channel. This gets verified by the third-party platform and you are rewarded for your posts!

Referral bounties:

Bounties are available with the lyfcoin platform.

That is where referral programs come in. All you have to do is, do the above two tasks, get rewarded in Lyfcoin and by opting for one of the staking pools, no payment is required from you, and, as long as you have Lyfcoins in your wallet you can stake them and refer others to do the same. For every referral, you get a reward in Lyfcoin.

Out of 44 cryptocurrency exchanges, 26 give out financial awards for referrals and 18 have affiliate programs, meaning you can be a money-making partner in the growth of that business. Coinbase and crypto wallets like Wirex use rewards too to refer people and Revolut gives $100 to recommend a new business.

In lower-income countries, that partnership comes with a higher financial reward due to the exchange rates of Lyfcoin with BTC, ETH, and True USD/Tether.

Earn Lyfcoin then Earn more with the Staking Platform.

None of the above airdrops or bounties ae available in the United States or China.
The key part of making serious money is referring to as many people as you can with the aim that some of them will open an account. All bounties are paid in Lyfcoin with the exchange handing out wallets and provisions to convert them into True Usd or BTC or ETH.

Most of us are in a rat race to become financially independent, What are the chances of one of you making it to the top at your corporates?

Take a supermarket, for example, there is one boss who talks to two or three subordinates (HR, Finance, MARKETING) — these then delegate work to 9–20 others which gets passed on like a pyramid structure. Is there one guy on the top and many at the bottom? Is pyramid shaped like that?

yet Bounties and airdrops are given bad names for the fact that people are used by big companies already by leveraging their networks, and not getting paid for it.

E.g.- How many apple users are there in a household?
When you send an email, what does the email say at the bottom?
SENT FROM MY IPHONE.
suddenly the other party is promoted an iPhone for reading an email. Did you get paid for that?

Think, if it is free you are the product, Facebook, Google, Groupon, Amazon, Coinbase, Wirex, Revolut all are offering something for referrals- Are they MLM? Are they HYIP are they a GET RICH QUICK SCHEME?

Well if your answer is no for all the above then Lyfcoin is not an MLM, INVESTMENT, HYIP (high yield investment project) or A GET RICH QUICK SCHEME.

Indeed, you get into Crypto — a clever way. And bounty your way in the platform.

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