Follow Us on FacebookFollow Us on TwitterFollow Us on Linkedin

BitBounce

BitBounce Review: Earning CryptoCurrency From Spam Emails

If you have a lot of cryptocurrency enthusiasts as friends or acquaintances you might have heard of BitBounce, a really innovative email spam solution.

This is a solution that will see you getting paid cryptocurrency for emails that you receive from unfamiliar senders. It will also block those emails that are sent from mass mailing services and other well known spam sources.

It’s a really simple concept and so easy to implement it’s not too surprising that over 1 million people have already begun using Bitbounce. In this post I will give you everything that you need to know about BitBounce and how to make the most of their service to earn some lucrative cryptocurrency.

What is BitBounce?

At its basic level, BitBounce simply requires that people who send you emails and aren’t in your contact list have to pay you for you to receive and open their email. The payment can be made using Bitcoin or senders can use their Visa and Mastercard credit cards, or pay through Paypal or Venmo.

You get to set the amount that needs to be paid for you to accept the emails and you receive your payment in CREDO tokens which can be used to unlock emails sent to others using BitBounce or can be exchanged for another cryptocurrency.

If an email arrives from someone who is in your contact list it goes through as usual. However, any emails from those who aren’t in your contact list get quarantined. The senders of the quarantined emails receive an auto-reply from BitBounce:

The email BitBounce sends out

As you can see, the sender can then choose to pay your fee to have the email delivered, or if they know you they can request to have their email added to your contact list. Alternatively, they can ignore the auto-reply and leave their email forever in quarantine.

The important thing to note is that the email will never make it to your inbox unless they are able to make the payment or get their address whitelisted. It is for this reason that BitBounce is seen as one of the most formidable ways to stop spam.

How BitBounce Plans to Solve SPAM

Everyone with an email account receives uncounted spam messages every single day. In some cases, this spam is dozens of messages and in the worst cases, it can run to thousands of spam emails. And all of them are useless, annoying and often tied to some type of scam.

Most of these are sent by bulk spammers who send millions of emails daily. They are capitalizing on the free nature of email. They know that hardly anyone will act on the emails they send, but even a very small percentage of users responding to their offer is a win for them since it costs nothing to send millions of emails.

Bulk spammers might be trying to sell some useless or defective product, or they might be trying to lure people into a pyramid scheme or some other financial scam, but they all have that one thing in common. To be successful they need to be able to send free emails. If the emails aren’t free, even if they cost just $0.001 a piece to send, the mass spammer’s business would collapse.

Bulk Email Spam Stats
Majority of Email is Spam. Image via Optin Monster

And this is where BitBounce comes in. For the first time, you can take back complete control of your email inbox. You have the opportunity to charge for unsolicited emails, gaining some compensation for your time.

Of course, nearly all of the bulk email spammers will decline to pay to reach you, but that’s what you want anyway. And if someone genuinely wants to reach you they’ll happily pay your small fee to get their email address added to your contacts list.

BitBounce is already protecting over 4.5 million people from spam landing in their email inbox and they can be protecting you in a matter of minutes.

The Other Side of BitBounce

Unsolicited email isn’t always spam. Sometimes you might receive unsolicited email from a stranger who believes they have something that needs to be shared with you or some proposal that can benefit you. If they believe strongly enough in the message they’re sending you there’s a very good chance they’ll be willing to pay to ensure the email reaches you.

That payment is a sign of respect for your time, and it makes it possible for someone with a real proposal to reach you. It can also enable people to reach those they might otherwise never be able to get in contact with. Those who are either powerful or influential in a certain industry almost certainly wouldn’t see an email you sent to them.

How BitBounce Works
How BitBounce Works

Maybe it would end up in a spam folder. It’s almost certain it would be quarantined in some way, probably with thousands of other similar emails, and chances are the intended recipient would never see it.

However, if they’re using BitBounce and you’re willing to pay their price, whether that’s $1 or $100, it sends a strong message to them about how serious you are about your message and desire to connect with them.

Beginning BitBounce Use

BitBounce has been designed to work with all the major email clients and providers, including Gmail, Yahoo, Outlook and many others.

Signing up for BitBounce is simple. First, go to the homepage at here. There you’ll see a form right at the top of the webpage where you can enter your email address and then click the ‘Sign Up’ button.

Signing Up at BitBounce

After clicking the ‘Sign Up’ button you’ll confirm access for BitBounce and you’re in. You’ll also receive an email from BitBounce to confirm your email address and to change your password. Ironically this email got sent to my spam folder. I guess they forgot to pay me to contact me.

Once you confirm your email you’ll get 1 CREDO from BitBounce. You’ll also have access to your account where you can add whitelisted email address, change your password, add new email accounts, change whitelist settings, choose to send an auto-response or not, change the autoresponse message, and set the price for accepting unsolicited emails (the default amount is $0.05).

You’ll also have access to your CredoEx wallet in your account as well as seeing paid emails and whitelist requests. All these settings are available for you to customize your BitBounce experience, avoiding spam while still receiving all the emails that matter to you.

Signing Up at BitBounce
BitBounce User Dashboard

Note that the emails which are blocked by BitBounce aren’t deleted. They are still available but get delivered to a folder other than your inbox. So if you’re expecting an email from someone who isn’t on your whitelist and it doesn’t show up you can always check this alternate folder.

BitBounce is completely free to use and you’re never charged for any of its features. BitBounce does collect 30% of any payments you receive as a fee, however, so keep that in mind when you receive payment for an email.

BitBounce and the CREDO Token

CREDO is an ERC-20 token that was created to help power the BitBounce platform. When others pay for you to receive an email they can do so in a number of ways, but you will always be paid out in CREDO. This is an ideal way to get started with cryptocurrencies if you haven’t already.

You can use earned CREDO to begin building a cryptocurrency portfolio. Alternatively, you could use your CREDO to send emails to others you don’t know but want to connect with. You can also sell it for other cryptocurrencies or fiat currency or you could simply hold it as its value and power grow alongside the BitBounce platform.

The initial supply of these tokens were issued in a large ICO that took place back in 2017. The BitBounce team was able to raise a total of $11.3m in this CREDO offering. These proceeds will be used for a number of things including:

  • Improving BitBounce Tech: Product improvements, customer support, partnerships etc.
  • Increasing BitBounce Market Share: Numerous Advertising initiatives to increase awareness
  • Research & Development: Testing new ideas for BitBounce and potential innovations for email spam
  • Development of BitBounce Ads: Building a self-ervice enterprise advertising product

Some of the ICO funds were also used in the development of BitBounce’s own decentralised crypto exchange.

The CredoEx Decentralized Exchange

After earning CREDO tokens for accepting unsolicited emails you can save them, but if you want you can also exchange them for other currencies. The easiest way to do this is on the CredoEx exchange. This exchange was built from the ground up by the BitBounce team and was developed to be extremely user-friendly and easy to use.

Credo Ex Exchange UI
User Interface of the Credo Ex exchange. Image Source: Credo Ex

CredoEx allows you to buy and sell a number of tokens including Bitcoin, Litecoin and Ethereum as well as Bancor, Civic, Augur, OmiseGo, Aragon, Gnosis, Kyber, and TrueUSD.

If you prefer there are a number of other exchanges that also have trading for CREDO. These include CoinOne and OTCBTC.

BitBounce for Business

BitBounce has also created a platform for businesses so they can send emails to their potential customers for a small fee. It’s well known that email is an excellent medium for advertising, and now business can connect directly with potential customers and avoid uncertain and expensive advertising campaigns.

It’s easy enough for any business to pay individual users for their attention, and with the AutoPilot feature of BitBounce, they can deposit CREDO and then automatically have emails get delivered as long as the user fee is below a value the business specifies.

To help users continue earning CREDO BitBounce is planning on launching an enterprise interface that will allow these businesses to deliver emails to those who opt-in, allowing users to get compensated for their time, and businesses to easily find new customers.

Conclusion

The growth of BitBounce as a service can only change the way we use email and interact with each other over email. In time you may find that getting paid for receiving email and having to pay to get email delivered is standard practice. And as BitBounce becomes increasingly popular competition is sure to spring up which will spur innovations we can’t even imagine today.

The ultimate reduction of spam, and potential elimination of annoying mass spammers is a great goal, but BitBounce will also make it possible for users to connect with people they may never have been able to reach previously.

Paying a fee to acknowledge the value of someone’s time makes perfect sense and this type of setup will enable us to reach the right people when needed.

Featured Image via Fotolia

The post BitBounce Review: Earning CryptoCurrency From Spam Emails appeared first on Coin Bureau.

Categories

Enter your name and email address below to receive our daily coin news and signal updates!

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.