Passive Income - Introduction
Last updated
Last updated
Passive Income is the name of our next-generation ecosystem that supplies token holders with income directly from our range of value streams. These revenue streams have been developed with the aim of being independent from wider market forces and are protected from any tampering, abuse or manipulation.
The original Passive Income contract was created on the 30th December 2020. Following the initial launch, there were many advances in blockchain technology and changes in the perception of cryptocurrency from the wider world. We used our experience and knowledge gained over the first year to improve the Passive Income contract. These changes were rolled into a new contract: Passive Income v2. The updated Passive Income v2 contract and ecosystem is now referred to as Passive Income.
Recently there has been a rise in the number of methods and mechanisms that allow people to generate a passive income using blockchain technology. Many of these newer methods have been implemented in ways that make them vulnerable or prone to manipulation. These methods that enable individuals to tamper with them are unsustainable. The initial ideas and concepts may be great, however they are often poorly implemented with unfair execution and no long-term vision. Passive Income changes this with a transparent, experienced team that offers a fair implementation of a sustainable shared revenue ecosystem.
In our original whitepaper, we promised a continued evolution of the Passive Income project. We will continue to improve the Passive Income project based on technological advancements, updated mechanisms and will continue to create new methods of generating passive income. The new version of Passive Income allows us to be more agile than ever before, reacting to industry and market changes, giving us more flexibility to provide the best ecosystem for our community.
The core team at Passive Income has become an integral part of the continued success and future growth of the Passive Income project and ecosystem. The Passive Income company is composed of a dedicated group of publicly known and trusted developers, analysts and marketers. Over the last year the team has proven themselves to be trustworthy and reliable with the launch of multiple projects as part of the Passive Income ecosystem. The team will continue to build new and exciting partnerships and projects for the benefit of the entire ecosystem.