Frostbyte application is a new project owned by Ice Network. The app allows users to earn passive income daily by simply sharing unused internet bandwidth. According to Ice, it’s part of their new ION liberty, a component of the Ice Open Network that is primarily focused on prioritizing privacy, security and freedom of speech.
The project was newly announced by the platform on their official Twitter handle and ever since, it’s gotten significant attention from users; partly due to the success of Ice Network during the mining phase. In this article, we will be having a look at the various aspects of the frostbyte App to help you better understand not just what the its about but also to know how to start earning.
About Frostbyte App
Frostbyte as previously mentioned is a mobile application and new project put in place by the Ice Open Network and it helps users earn money by sharing their unused internet bandwidth. Of recent, the need for unused bandwidth has risen; since this doesn’t in any way violate or breach the privacy of users, sharing your unused bandwidth for some money shouldn’t be a big deal.
The interesting aspect is that, new users are currently being rewarded with $5 for a start to better understand the system and also to hasten the process to withdrawal. But you don’t get this bonus just like that, you will have to sign up with a referral code to qualify for the bonus, we will talk about that in details later.
How to Create An Account
Firstly, you have to download Frostbyte application from Ice Website, the direct link is – https://ice.io/frostbyte copy and paste on any browser. While signing up, endeavour to enter Gistrealz as referral code in order to get the welcome bonus.
At the moment, the mobile app is only available to Android users, though the iOS version and PC are being worked on according to the information on the website.
After downloading the mobile app, process to create an account, enter your email address, a code will be sent to your mail. Simply enter the three digit code and proceed to fill in your preferred username after which, you will be logged into the main dashboard with an option to enable the app. Once enabled, the app will start running on the background and you would be able to earn some cents for your unused bandwidth.
It’s as easy as anything you’ve done in the past, immediately you are done with the initial sign up steps and enable it, you will have nothing else to do, just turn on your data and start engaging in your usual day-to-day activities. From time to time depending on the amount of data expended, your earnings will be increasing.
Is Frostbyte App Legit?
Well, frostbyte may be legit considering the developers of the project but it doesn’t mean there are no major downsides at the moment.
Some of the perceived downsides or things I noticed that didn’t really make much sense are typically problems with development of the mobile app and considering that’s quite understandable since it’s in beta stage.
Personally, the first issue you may notice if you attempt trying out the app is the problems of “too many users registering“. It appears the server is congested during the day for reasons best known to the developers. I was able to sign up because I tried it in the midnight. Like I said, this is mere development issues that should be addressed later on.
The major downside that could actually be called a red flag is the earning rate. I checked the earning rate for most countries and I discovered that people in third world countries earn the poorest revenue for data expended. Below is a brief breakdown of the earnings according to country rating;
- First world countries i.e. Tier 1 – countries like United Kingdom, United States etc. users in these countries earn up to $0.3 per Gig used while running the frostbyte App.
- Second world countries i.e. users in tier 2 countries earn $0.2 per Gig of data.
- Third world countries otherwise known as tier 3 countries where you would find most African countries and other Asian countries like Pakistan, India, etc. users from such countries earn $0.1 per Gig. Sadly, Nigerians fall into this category, which means, your earning capacity on the frostbyte App is automatically lowered.
I find it discouraging and in the long run it will have a negative impact on the growth of the platform. On the flip side, while it may seem like a poor earning capacity for tier 3 users, since it doesn’t involve spending money or engaging in any activity besides leaving the app to run while you do your things uninterruptedly, one might also consider it a worthy bet.
How to Withdraw
First things first, the minimum withdrawal is $20 and it’s clearly shown on the dashboard upon sign up. On that note therefore, you must have earned up to $20 before you can request for payout in USD or Ice token. These are the two payment methods left for users.
Currently, no one has withdrawn from the app since it just got announced recently and not yet stable. So don’t expect to see any payment proof or image on this article. We will keep using the app to see what becomes of it in the nearest future.
Cons
- High minimum withdrawal pegged at $20. It’s not high if looked at conventional but considering the earning capacity of users, the minimum payout threshold is too high. It will take users in third world countries a lot of time to attain.
- Frostbyte is buggy at the time of writing this article, you might experience errors such as OTP delivery failure and problems with sign up generally due to traffic congestion. Though ICE has promised to fix all these, it’s still important to inform readers.
- Poor earning structure. Users in all countries may not find the frostbyte App interesting or attractive due to the earning structure. Will things get better? No one knows.
Pros
- Easy to set up. The sign up process is very simple and straightforward when it eventually works. You don’t have to submit personal details.
- $5 welcome bonus that goes a long way in pushing you closer to the minimum withdrawal.
- Referral program that rewards the referrer with a certain percentage of the referrals’ earnings for life.
Frequently Asked Questions About Frostbyte
1. How is my privacy protected with Frostbyte?
- Frostbyte uses advanced encryption and does not store or share your personal data, ensuring your activities remain private and secure.
2. How does the earnings system work?
- Earnings are based on the amount of bandwidth you share with the network and the country your device is sharing bandwidth from, as different regions fall into various earnings tiers. The more you share, and depending on your location, the more you can potentially earn. A real-time dashboard helps you track your earnings and understand how your location impacts them.
3. How can I withdraw my earnings?
- To request a payout, you need a current balance of at least $20 in your account. If your current balance is higher than the equivalent of $20, you can request the payout either in USD or in ICE.
4. How does the referral system work?
- By inviting new users to join Frostbyte, you will earn extra income. When someone signs up using your referral link, you’ll receive 10% of their earnings. This bonus is a great way to increase your earnings just by expanding the Frostbyte community.
About Author
Join Our WhatsApp Channel