I have not posted for a long time but I just wanted to update on how some of the "passive" income crypto platforms that I have used have decided to close down as they are not sufficiently profitable to sustain.

Presearch

The search platform that tried to take on giant search engines like Google did not manage to sustain. There were a lot of issues with it and being a pure play search engine did not help it to expand much. Unlike Brave browser which had a browser to enable it to promote and expand its products, including the search. In the end, Presearch could not raise money to sustain the costs and it wound down.

Sweat Wallet

The walk to earn platform has decided that they are not sustainable and decided to change the way they do things. They are winding down the method to earn $SWEAT but $SWEAT will still exist. Sweatcoin app, a separate app, will not be affected. It is only the crypto earning $SWEAT app that is affected.

Looking back it seems like these are known to fall into oblivion as the engagement is very low, especially Presearch. I bought $PRE long ago close to its peak and was down and never recovered. I thought I will be able to recover it by using it diligently as a search platform but it was never enough. When supply keeps increasing without demand to support, the price can never recover sufficiently.

I did not invest in $SWEAT but will just letting it run on my phone to earn extra passive income. It was insignificant and I think my battery might have drained a lot more due to it.

Oh well in the end profitability is key for long term sustainability.