Earnings & Rewards

Wisdom Points

What are Wisdom Points? (WP's)

Wisdom Points (WP's) are rewarded for consistent and accurate predictions. Learn More about Wisdom Points.

How much are my WP's worth?

The value of each Wisdom Point or the amount a user can earn is not fixed. What determines the value of a Wisdom Point is the volume of qualifying users and the number of predictions they make in any given quarter.

How can I earn more Wisdom Points (WP's)?

Wisdom Points (WP's) are similar to Crowd Points (CP's) in that they are earned by completing actions within the Pynk 'Crowd Wisdom' system. WP's are primarily earned by making price predictions on traditional and digital asset classes, completing social tasks or co-creation tasks within our community.

WP's you earn are dependent on the accuracy of your predictions. The more accurate the prediction the more WP's from the Pynk Pool you will win and the more often you predict, the more you will earn too!

How else I can save the world with Pynk? (WP's)

At the end of each Wisdom Points exchange cycle, you can exchange your earned WPs for monetary value into the investment portfolio managed by our partners over at Thesis Portfolio or you can donate that value to planting trees (coming soon with more good causes, shaped by the Crowd).

WP Exchange

How to Withdraw? (Wisdom Points)

At the end of each Quarter (every 3 months), we will begin the process of exchanging eligible Pynksters' WPs. Depending on how many Pynksters are exchanging in that quarter this process can take a few days - so please be patient. Pynksters who have earned enough Wisdom Points (WP's) in that quarter will be eligible to either withdraw their proceeds or add them as balance into the investment portfolio, managed by our partners over at Thesis Portfolio. This minimum earning amount will vary based on a number of factors each quarter. Any Pynkster who has not earned enough WPs to convert will have their WPs carried over until next month. Check this example.

Can I sell or trade my Wisdom Points (WP's)?

While you cannot trade WPs, you can exchange your earned WPs for monetary value. By doing so, you can choose to withdraw the proceeds or add them as balance into the investment portfolio managed by our partners over at Thesis Portfolio.

Crowd Points

What are Crowd Points? (CP's)

Crowd Points (CP's) are the earned activity points that demonstrate you are an active member of the Pynk ecosystem. To learn more please log in and look at the community page here: Learn More

Cash Rewards

How to Withdraw? (Cash Rewards)

You do not need to withdraw it. As long as you have updated your USDC wallet address within your Pynk user profile - your USDC will be transferred within 1 working week. Is USDC still missing after that? Contact us: hello@pynk.io

Where can I get a USDC wallet?

We do not provide you with a USDC wallet ID, this is something you obtain via a 3rd party. We do not recommend any in particular but to give you an idea of the type of company that provide these services, Circle.com and Coinbase are two that you can get a USDC wallet through. We would suggest you do a search for USDC wallets and find the one that is most suitable for you. Once you have this in place, you can add this to your Pynk user profile.

What is USDC?

USDC is a stable coin, a type of digital asset which maintains a consistent value with the US Dollar. In other words, 1 USDC = $1. It was launched on the 26th of September 2018, in a collaboration between Circle and Coinbase.

How do I earn USDC?

Currently, you can earn USDC in our daily and monthly competitions. $5 USDC prizes are available for each asset class (Bitcoin, NASDAQ and Gold) and a $10 USDC prize is available for the monthly staking contest.

Can I get paid in another digital asset besides USDC?

No, this is currently the only digital asset we pay competition winners in.

Referrals

How many people can I refer?

Although there is currently no limit on the amount of people that you can refer, we would ask that you only refer those that you believe are willing to participate in Pynk on a regular, long term basis. Try inviting your close friends, family members and colleagues. It will make it more fun being able to discuss your progress within the Pynk ecosystem!

How do I refer people?

Within the app, there is a unique Referral Link which you can copy & paste and post in blogs, social media shares or forums to invite your good friends and family!

I joined via a link I found on social media, is that safe?

Our community members each have a unique referral link which they can use to invite more people who hope to become active Pynksters. Provided their link took you directly to our website (pynk.io) then there should be no issue with following this link. it does not cost you anything and your data is safe with us under United Kingdom law. If you are worried about the link you received because it took via another site or asked for financial, personal or account details, then please get in touch: hello@pynk.io

How I can earn from my referrals?

When your friend joins and completes at least 15 predictions, the system will unlock your referral rewards as Wisdom Points. You will then be eligible to earn life-time WP's for as long as your referral is active and making predictions.

Are there any rules for referrals?

Yes, in order to keep the Pynk eco-system safe we work hard to stop multi-account users and block bad actors who try to earn points via invalid referrals. We have a zero-tolerance attitude towards bad actors and cheaters. Please be sure that you are taking an honest approach at all times to avoid your account being blocked.

Eligibility

Which countries are eligible to participate with Pynk as a Crowd member?

Residents from almost any country can contribute to Pynk and convert their Wisdom Points into monetary rewards straight into their wallet.

Why are my WP's earned in the USA not being converted at the end of the quarter?

They are being converted in a certain type of way. While getting the licenses needed to expand availability into the USA is important to us, this is not a priority. Hence, we are ring-fencing USA users' WP earnings. In the meantime, your WPs will be ready and waiting once we get the necessary approvals. We will offer opportunities to donate your earnings to charity as some of our community members have expressed a desire to do this.

Pynk is a registered trademark and copyright of Crowdsense Ltd. Crowdsense Ltd is a company registered in England and Wales (No. 11339494) with the registered office at 20-22 Wenlock Road, London, England, N1 7GU.

Crowdsense Ltd is an unregulated firm and the information contained herein does not constitute investment advice or investment research and should not be relied upon to make any investment decisions.

Crowdsense Ltd is partnered with Pynk One Ltd, trading as Thesis Portfolio. Pynk One Ltd (FCA reference no. 942958) is an appointed representative of WealthKernel Limited (FCA reg no. 723719), which is authorised and regulated by the Financial Conduct Authority.

Investing involves risk to your capital. Past performance is not an indication of future results. The value of your investments can go down as well as up, and you may get back less than you originally invested. References to specific assets or securities are included for illustrative purposes and should not be understood as an endorsement or a recommendation to engage in investment activities.

Please invest aware.

Warning - Unregulated to Regulated

You are passing from the Pynk to the Placeholder area of this site.

Pynk is a brand name of Crowdsense Ltd. Crowdsense Ltd is not authorised and its activities are not regulated by the FCA. As such any activity you undertake with Crowdsense will not be protected under any investor compensation scheme e.g. the FSCS.

Placeholder is a trading name of Pynk One Ltd (FRN 12940786). Pynk One Ltd is an Appointed Representative of Wealthkernel Ltd (FRN 723719) who are authorised and regulated by the Financial Services Authority. As such your deposits and investments may be protected by an investor compensation scheme i.e the FSCS if Pynk One Ltd is unable to meet its obligations.