Welcome to the world of data exchange between the consumer and large companies that sell your information. We are always on the lookout for websites and apps to earn free crypto. In this review, we examine Instars which is a unique platform that allows people to earn crypto for sharing their data.
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Our Instars Review - Quick Verdict
The Instars platform allows individuals to earn a reward paid out in crypto by sharing their information in a safe and secure manner. It is free to create an account and mutually beneficial to exchange personal data. There is a wide selection of activities that can be completed to earn rewards, however, users must be committed to the Instars community to make the most of it. As such, for casual crypto investors, there are much better alternatives to earn crypto through mining, staking, and lending. Moreover, the platform has been in Beta for several years with minimal development.
What Is Instars?
Instars is a new digital currency that was created by Insights Network. The primary goal of INSTAR is to enable mutually beneficial data exchange between individuals and organizations using advanced technologies within the Insights Network. Instar token holders own and control their data by using Instar Wallet. INSTAR is a fully operational, decentralized delegated proof of stake blockchain that uses EOS open-source network.
How Does Instars Work?
The platform rewards its users in the form of cryptocurrency while preserving your privacy and personal information. With over $200 Billion of data exchanged each year, consumer information has been exploited for years in an unfair and non-transparent way. Every single day, your information is being collected every day and sold to organizations for a profit.
You are generally not aware it occurs, do not get a share of the profits from selling your personal information and often experience many negative consequences as a result. INSTAR is shaking up this industry to build an information network that’s secure to facilitate decentralized data exchange. This will allow everyday individuals to exchange data in a trustworthy, compliant and mutually beneficial way.
Essentially, Instars puts the power of information back in your hands where users can benefit from selling their data.
How To Earn Crypto With Instars?
There are a number of ways to earn cryptocurrency using Instars Wallet. Here's a quick summary of how you can earn the platform's native cryptocurrency token, INSTAR:
- Registering bonus when you complete and verify your account
- Taking photographs of your receipts
- Completing daily activities such as surveys and polls
- Learn About Cryptocurrency
- Offers & Discounts
- Sharing with a friend (or two)
1. Create An Account
The first way to earn cryptocurrency is to visit the Instar website and create a free account. By completing this simple task, you can earn 25 INSTAR. To get started with Instars, follow these steps:
- Visit the Instars website
- A registration pop-up will appear
- Create an account by entering your email and a password
- Verify your email address.
To receive the registration bonus, you will need to complete the verification process. There are basic profile information that is required such as:
- Year of Birth
The next step is to confirm your identity using a KYC process. To do this, you will need to upload a copy of your driver’s license and a selfie holding up a piece of paper with instars.com and the date written on it. Once your profile has been reviewed and approved, your INSTAR wallet will be credited with the 25 INSTAR registration bonus.
2. Take Photographs of Receipts
The next method to earn crypto from Instar is by taking a photograph of your receipts and uploading it and providing feedback about the experience. The best way to do this is by using the Instars app for your mobile device.
Each person can upload up to three receipts per day from within the past 24 hours of the receipt date. The receipt will need to clearly show the business name, address, date, transaction number and total amount. The image will need to be uploaded to specific categories such as:
- Convenience Store
- And many more!
Once you have uploaded a photograph of the receipt, you will need to provide a feedback comment about your experience and a star rating. The receipt will be reviewed by the Instars team and if it meets the criteria, you will be rewarded with EOS.
3. Complete Surveys & Polls
Paid surveys and polls are a popular method to earn a little money on the side. Instar provides a number of activities and tasks that can be completed such as short surveys and polls. You will be rewarded with EOS tokens for each one that you complete.
The surveys are based on the information provided in your profile. So, it’s a good idea to have it completed so the tasks are relevant to you which will make it easier (and quicker) to complete.
4. Learn About Cryptocurrency
Similar to the popular exchange Coinbase, you can earn free tokens by simply learning about the future of data exchange, digital currency and blockchain technology through the INSTAR Research & Learning Tab. There are several educational resources to watch and learn. If you're new to cryptocurrency, this is the perfect way to learn and earn at the same time.
At the completion of each short video, there is a quiz at the end which you need to complete. You can also create surveys and research campaigns with the click of a few buttons.
5. Offers & Discounts
Instars also has an 'Offers' section where you can purchase items and receive a crypto cashback and reward. A number of popular items are commonly used in the cryptocurrency space, that includes:
- Bitrefill - earn $10 cashback and 200 Instar bonus
- ProtonVPN - earn 200 Instar bonus
- Ledger - earn 500 Instar bonus
- Coinmine - earn 1000 Instar bonus
- ProtonMail - earn 200 Instar bonus
- PureVPN - earn 200 Instar bonus
Frequently Asked Questions
Instar Wallet connects individuals and organizations for mutually beneficial data exchange. In exchange of participation, consumers can earn INSTAR for participating in data exchange. The Instar Wallet allows you to:
- Earn cryptocurrency - get paid in digital currency for participating in daily activities and sharing with friends.
- Learn - learn about the future of data exchange, digital currency, and blockchain technology.
- Create surveys - Launch surveys and research campaigns with the click of a few buttons.
- Watch prices - Watch price movements of your favorite digital tokens.
- Control your data - Ensure that your data is protected and only shared when you decide.
You can earn INSTAR by using the Instar Wallet on a desktop or mobile device. Here are a few of the top ways to earn INSTAR:
- Earn tokens by participating in daily activities like polls, surveys, and other data exchange using the Instar Wallet.
- INSTAR Referral Program - inviting friends using your custom referral link
- INSTAR Bounty Program
The INSTAR referral program lets you earn additional INSTAR for successful referrals that come from your account. To get started with the affiliate program, follow these steps:
- Log into your Instar Wallet account and clicking the 'Invite Friends tab'
- Obtain your custom referral link
- Use the referral link to invite friends
- Earn INSTAR for every person that signs up using your link and completes account verification
You can also share your custom referral link after completing any activity.
To conclude this INSTAR review, the platform is a legit and secure gateway to digital currency and blockchain technology for everyone. It allows users to choose to share information earn a crypto reward by participating in daily activities like polls, surveys, and other data exchange.
This is not a traditional survey site or receipt earning app. INSTAR is a great opportunity that puts an interesting spin on earning cryptocurrency. While still in its infancy, we expect the Instars platform to rapidly grow in popularity.