As Mysterium grows, we want to find the many new and exciting ways you can both make money selling bandwidth, and take advantage of the wider token economy. Check out our article on 14 ways to earn crypto online.
There are countless projects out there building the foundation of the decentralised world, and AVADO is one pioneer helping to drive the evolution of the Web3.
Who is AVADO?
AVADO enables you to be a part of your favourite decentralised projects, like Mysterium. The team created an amazingly simple plug and play hardware device that connects you to many different kinds of blockchains.
Using the AVADO Box, anyone can make money selling bandwidth and earn cryptocurrency in the process.
[For those who need to know – How does a node work?
In a distributed peer-to-peer network, a node represents a single device, such as a computer or hardware device, which helps power and maintain that network. Through these transparent, secure and community-run systems, value can easily be digitised and shared. People are incentivised to contribute their resources, such as bandwidth or processing power, sharing it directly with the entire network without any kind of official host or authority needed. Nodes are paid for contributing their resources.]
Running your own node is usually very resource-intensive, requiring complex software as well as a lot of computer storage and bandwidth. AVADO makes it easy to be a node as it is designed to handle the CPU and disk-intensive aspects of running one. It provides a huge amount of RAM, ample Disk space, Internet access, and more.
There’s a lot of information floating around that running a node is very expensive. With AVADO, it only costs roughly $50 dollars per year to run. These low operational costs invite everyone to join.
The Box has its own operating system, so you can choose between various blockchains, like Bitcoin, Ethereum or Monero. The best part is you can run these multiple blockchain nodes at once, so Mysterium is just one of the many networks you can be a part of.
AVADO now offers smart mining, which is where we come in. Mysterium is the first smart mining application, so the AVADO community can install our node software, start sharing their bandwidth to help power our decentralised VPN and earn up $600 worth of ETH in a year! Find out how you can earn in our network.
You can use the AVADO Wizard which helps you get started. The Wizard walks you through the entire process.
Mysterium and AVADO met last year, and the synergy between the two teams was obvious.
AVADO is decentralisation in a box. It’s agnostic, open-source and wants to put blockchains in the hands of everyday people. We’re both working towards a greater vision where users reclaim the internet. Our teams believe in the potential of residential nodes to power the Web3, independently of Web2 ISP and servers.
On a technical level, our projects also complement each other. Mysterium’s software can easily be installed onto their hardware, so AVADO users have more blockchain magic to play with. So we sat down to think about how we could work together to help you make money selling bandwidth.
Collaboration is one of our industry’s biggest strengths and secret weapons. Other technology sectors and companies want to keep their research, insights and code private to remain competitive. They want to outperform, rather than lift up, other projects to maximise their profit.
This has been the opposite for decentralised communities. By partnering, collaborating and learning together, the development of our ecosystem accelerates. We are open-source and transparent so we can learn from each other’s mistakes or innovations. When other developers and teams know where we got it right, they can build on top of our own work and research.
“If you want to go quickly, go alone. If you want to go far, go together.”
Now it’s over to you
Blockchains need people power.
While teams like Mysterium and AVADO provide the infrastructure and tools, our communities are the fuel which ignites decentralization. The more people running a node at home, the stronger, faster and more stable these global networks become, and the faster we can achieve true decentralization.
An open internet also offers both digital and economic freedom. Running a personal node means that you are in control of your own data and your privacy. Your personal information and online activity cannot be logged or stored in private servers, so your data cannot be commoditized or sold to businesses.
How to set up Mysterium on your AVADO
Check out this step by step instructional video by the amazing team at Avado. We’re super excited about this partnership and hope you are too!
Like the progress you’re seeing? Show us some love by sharing this article with your friends. Or join the Mysterium node pilot program today.