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Carrot App
31 sats \ 5 comments \ @cryptonator 18 Aug 2022 bitcoin
We all know that if you want to learn something new, you either go to school or university, enroll in a course and pay money, or search google or youtube to maybe find a free course.
What if I told you that there is an app out there that helps you know more about bitcoin and you don't have to pay anything, on the contrary you earn sats. Yes, you heard that right, learn and earn sats while you're doing it.
This app is called "Carrot"!
It is weird to name a cryptocurrency app after a vegetable, but don't let the name misguide you.
The carrot app is an amazing application built on the lightning network. It is available on both android and IOS.
So, what exactly is the carrot app you might ask?
It is an awesome application where we can read articles and earn sats at the same time. yaaayyy right?
Is there a catch or something hidden?
Nope, not at all, it is really easy, all you have to do is read articles, learn about bitcoin, and earn sats, that's it.
How to start?
Go to your phone store (google play or the IOS app store) and download it from there.
Once downloaded they ask you to put your email address and then the next step they send you an email to login, no password no nothing, just click on the link in that email and once they tell you to close the browser tab, close it and return to the app, wait approx. 5 secs and the app should let you in.
What to do inside the app?
You will see a lot of articles that you can read and learn more about bitcoin (these articles are renewed all the time), all you have to do is click one article that you like and read it, once you finish it click on the "X" on the right corner of your screen and bam 5 sats for you my friend.
Yes, it is THAT easy, read an article and get 5 sats every time.
These earned sats are redeemable when you hit the 500 sats mark.
What are Carrot codes?
Carrot codes are codes that you can redeem from push notifications on your phone, livestreams, podcasts or newsletters.
Have any question? check the FAQ section on the carrot app website, here is the link: https://www.earncarrot.com/
Read articles, know more about bitcoin and have fun :D
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7 sats \ 4 replies \ @kilianbuhn 18 Aug 2022
Weird that you post that right after @kuroba asks about payment for reading time. Coincidence?
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10 sats \ 1 reply \ @kuroba 19 Aug 2022
My first mention 😀
Although mine was about readers paying, not getting paid. Carrot is cool but I always saw it as a non-profit initiative to get more people into Bitcoin. I'm all for it, but the rewards are too low to attract/keep people unless they would read the content for free anyway. But if they raised the reward, they'd need to refine the model because right now you get the 5 sats just for opening the article, not actually reading it. You also have to earn 500 sats before you can withdraw, meaning you have to read (open) 100 articles before you can start using Lightning through it. Apps like Fountain are much quicker ways for newbies to get on the Lightning Network for free.
What really interests me is business models that can be self-sustaining. Readers aren't really providing value to the Carrot (Bitcoin Magazine) writers except by viewing ads, and a big part of what excites me about sat economies is escaping ads. I'm rambling now, but that's what annoys me about most "Bitcoin games" too, they're just incentivized ad viewing with more steps. How about something that's fun in its own right AND has an in-game sat economy?
Again, I applaud Carrot's effort to get more people into Bitcoin and Lightning, but I rarely open it because the rewards are too low and the withdrawal threshold too high but the model doesn't allow them to raise the former/lower the latter.
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30 sats \ 0 replies \ @cryptonator OP 19 Aug 2022
wow, nice reply really. Well, you are right about the carrot app and how the threshold is a bit high, but in my opinion as a newcomer to this amazing world of bitcoin, i am reading cool articles, learning a little from them and earning a bit of sats on the way. There is something I learned along the way that these kind of apps or websites don't make you rich it's just a way to make your feet wet inside bitcoin and the blockchain ecosystem. Again, love what you just said and your reply, but this is something nice for newcomers in my opinion.
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0 sats \ 0 replies \ @cryptonator OP 18 Aug 2022
oh i saw his post after your comment, and told him about my post, hope i can help him
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0 sats \ 0 replies \ @cryptonator OP 18 Aug 2022
sorry but what do you mean?
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