Authored by: @hetty-rowan
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![strong.png](https://images.hive.blog/DQmYyhDeaXBaveG6Uo1x7FhTHo7SYhfMrR18p3T5xufko8E/strong.png)
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# Very few really passive income
Everyone would like to earn a passive income, but **there are actually very few really PASSIVE INCOME**. Usually you have to keep doing something to keep the income flow going. Option A maybe slightly less than option B, but really passive, is almost nothing. And now it of course depends on how you view this yourself whether you find it passive enough. And then there's also the fact, if something goes really well, it doesn't matter what you have to do for it. As long as it goes well, and you like it.

Still, today we're going to take a look at one of the most passive ways I could find, **but keep in mind that you'll need to bring a hefty bag of cash for this**. And that this way does entail the necessary risks due to the high investment that you have to make to be able to start earning passively at all. But if you can easily miss this investment. And would it not even be a drama for you if the underlying token decreased in value? Well, read on! 

This might be a way to really earn passively after you have done everything necessary to start earning. Once you've got everything set up, you don't have to look at it anymore, other than hitting the claim button once in a while. And oh yeah, not to mention making a monthly payment of currently $15. But hey, even that can be automated, right?

What am I talking about? **Today I'm talking about [StrongBlock!](https://strongblock.com/index.html)**

# What is StrongBlock
StrongBlock (STRONG) is an ERC-20 token that focuses on making it easy to get into the Blockchain. This can sometimes be difficult for beginners. But don't worry, because StrongBlock's mission is to make it possible, and easy, for everyone. They want everyone to be able to participate, without a learning curve that takes months. Whether this is smart, stepping into something without actually knowing what you're stepping into? Opinions will always be divided on that. But we were talking about **PASSIVITY** today. And StrongBlock wants to help you with that. They also want to decentralize the blockchain one step extra with the help of nodes.

Are you already warm to the idea? I am not, so far. Let's take a look at how they describe it themselves. **With breakthrough technology, they want everyone to create nodes with just a few clicks.** I will come back to this later. But first we will look at STRONG itself, because I think you want to understand what they want to achieve, who they are and what they do.
 
# The background of STRONG & nodes
Blockchains are decentralized databases. Decentralization takes place through many different points (miners and nodes) that all contain a series of transactions.
Miners record transactions, synchronize them with other miners and create blocks to record them on the blockchain. This maintains the blockchain. This is in contrast to the nodes. Nodes are responsible for keeping all copies of the blockchain transactions and providing entry points where the full copy is accessible to all blockchain applications. In this way, the decentralized data is kept.
 
# Miners & nodes
Miners are rewarded. Are you creating nodes? **According to STRONG, there was never a reward for running a node. Until StrongBlock was created**. According to them, they are the first platform that provides a reward for supporting StrongBlock's infrastructure. Due to the large reach of Strong, and this marketing strategy, more and more people have come to believe in STRONG as a token.
 
It is now easy to create a node. This was not the case before. It required a lot of knowledge of blockchains and running nodes in a general sense. So this was definitely not for everyone. You also needed your own server to continue monitoring the node and the nodes had to be continuously updated to maintain validity. Updating also required knowledge. Pretty difficult if you don't know anything about this.
 
# NaaS tool
That is no longer the case. StrongBlock came up with something smarter and automated this whole process. How did they do this? By developing a new tool, the NaaS tool. This stands for Node as a Service. Simply put: You make sure that you have 10 STRONG in your MetaMask, enough ETH to pay for the fees. Go through the step by step process and you are ready to earn
 
Now it is possible - for everyone - to participate in the blockchain revolution. So you don't need any hardware anymore.
 
 
StrongBlock's token: STRONG
You can buy STRONG as an investment, just like you buy other altcoins. You buy STRONG and hope the value will go up. Of course, know that crypto is always volatile, meaning its value can always fall or rise.
 
# Features STRONG:
Token ticker: **STRONG**
Total number of tokens: **523.990**
Number of tokens in circulation: **138,269 (this amounts to 26% of the total)**
Token type: **ERC-20**

 
# How to get your hands on STRONG?
It's an ERC-20 token which means that you can keep it in for example MetaMask. Ledger 
also supports this token. You can buy Strong on an exchange, KuCoin is one of the few exchanges where the token is for sale. It is not yet known whether STRONG will also be listed on other more well-known exchanges. And of course, you can go to a DEX like UniSwap or Sushiswap. 
 
 
# Team
The leadership team consists of three people.
These names and positions are publicly available on the StrongBlock website, along with the relevant LinkedIn profiles. The team is therefore publicly available. Where other teams are sometimes anonymous, the people behind StrongBlock are therefore verifiable. The three men have worked together in projects and at companies before. They are familiar names, and they are definitely respected in the blockchain world.
 
- **David Moss**
[LinkedIn](https://www.linkedin.com/in/david-moss-b598/)
[Twitter](https://twitter.com/WithoutTheRope)
CEO and co-founder
Blockchain expert, keynote speaker and strategic advisor
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- **Brian Abramson**
[LinkedIn](https://www.linkedin.com/in/brian-abramson-578b9576/)
Has no Twitter account
CTO = Chief Technology Officer
Key technology positions at Block.one LCC + collaboration with David Moss in previous projects
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- **Corey Lederer**
[LinkedIn](https://www.linkedin.com/in/coreylederer/)
[Twitter](https://twitter.com/cjlederer)
CPO = Chief Procurement Officer
Key technology positions at Block.one LCC + collaboration with David Moss in previous projects
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# Roadmap
There is currently no roadmap online. However, the current plans + updates that have taken place are displayed under the heading 'announcements' on the website.
 
So this is not so much a roadmap that is completely set out for the coming months or years, but the community members are kept informed of the news and plans.
 
For example, the last update has been on the new protocol of Polygon that has been added and that ETH 2.0 is live. It also states that the latest audit for ETH 2.0 is complete.
 
All audits can also be found, with a link on the website. This describes which official party has performed the audit plus the date. The link leads to the extensive audit, which can therefore also be consulted.
 
 
# Popularity
The popularity of STRONG is growing more and more. They owe this to themselves and their rapidly growing community. A lot of communication takes place.
 
They are active on and in various social media platforms. In addition, the website is extremely extensive, with goals, mission, a step-by-step explanation of how everything works, news, announcements and updates for new developments and a complete FAQ. The FAQ deals with all kinds of questions about gas fees, NFTs, wallet addresses, problems and malfunctions. So if you can't figure it out, there are plenty of roads you can take to find out what to do with help.
 
In addition, **StrongBlock emphasizes security with everything that has to do with crypto**. This can also be read in the social media platforms, on which the team is very active.
 
Active communication takes place on **[Twitter](https://twitter.com/Strongblock_io#)**. Support tips are regularly given and there is interactive response to incoming tweets. This is also tweeted for milestones in terms of number of nodes.
 
 
# STRONG and set up nodes
As mentioned earlier in this article, StrongBlock goes further than just the token itself. You can earn passive income by setting up nodes using STRONG. You can see a node as a computer that makes connections between cryptocurrency and thereby validates transactions. With the help of this system, the blockchain network is run and extra secured. You do this because you decentralize it one step extra.
 
StrongBlock has made a breakthrough with their NaaS tool, which allows literally anyone who can afford to lose the investment to set up a node.
 
By purchasing 10 STRONG, you can set up one node. By setting up that node you will receive about 0.1 STRONG in rewards per day. This means that with the current STRONG price you will receive about $60 per day. If you would receive this for about 100 days, you would have your initial investment back. 

That means it will take you about 100 days with the current reward to get your investment out. Provided that the price of STRONG does not fall after you buy your 10 STRONG to start. When you have earned 10 STRONG, the choice is yours. Let your one node run and you just have your investment money back. Or set up a new node with your earnings. Then you would earn 0.2 STRONG per day, so it takes 50 days before you earn 10 STRONG again.
 
**Please note:** the token price changes daily. Purchasing 10 STRONG is quite an investment. Always keep in mind that the value can always fall, but as we all know, it is crypto and can rise too.
 
# Criticism or any drawbacks
Despite the fact that the popularity is growing enormously and the nodes are being discovered more and more, it is never certain how the progress will be. If we look back in history, STRONG had a very high peak of US$ 1,217.44 on October 28, 2021. So this is a huge difference from the current price (at the time of writing $607).
 
So this shows how volatile the price of the tokens can be. It remains uncertain whether the market will rise or fall.
 
**STRONG's team and shareholders own over 38% of all STRONG tokens**. That's a decent share. This means that just under 62% is in the hands of the community.
 
**And another disadvantage is that you have to pay 15 dollars a month to keep your node(s).** If you forget this once, you simply lose your node(s) and there is no way to get your nodes back. In the app that you also use to claim your rewards, you can also see how many days you have left before your next payment. But you have to factor that into your investment (subtract from your profits).
 
Personally, I think the risk is too great that the price of STRONG will go down, and the initial investment is too high in my opinion. If they want to make this accessible to everyone, I don't think they should come up with such a high investment because let's be honest, not everyone has this on the shelf for a while.
 
It could indeed be passive earning after you have gone through the steps to start earning. The risk is high that you will end up passively losing because once your node has started there is no other way to get that money back than hope the price of STRONG doesn't drop further, the rewards for having a node don't change, and continue to pay your $15 monthly.

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Enjoy your week LBI'ers

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