Lecture Notes: Side Hustle with Airtm
Introduction
- Speaker: Odetta Rocket Car
- Platform: Rockstar Academy
- Topic: Earning extra income online without advanced skills or upfront investment.
- Objective: Introduce a side hustle using the Airtm platform to earn additional money while maintaining a full-time job.
Key Concepts
Earning with Airtm
- Potential Earnings: Earn an extra $300 a week.
- No Upfront Investment: No need to trade, sell products, or engage in affiliate marketing.
- Zero Advanced Skills Required: Simple process of helping people send money.
- Platform: Airtm, a peer-to-peer finance platform.
Personal Disclaimer
- Odetta does not personally use Airtm due to her own financial situation, but acknowledges its potential as a viable side hustle.
Understanding Airtm
What is Airtm?
- Functionality: Helps people move money across borders, particularly in countries with currency restrictions and financial instability.
- Role: Act as a "cashier" to help users withdraw digital dollars or USDC.
Legitimacy and Security
- Registration: Airtm is registered with FinCEN in the USA.
- Global Reach: Operates in 190 countries with 400+ payment methods.
- Verification: Users must complete KYC (Know Your Customer) checks for security.
How It Works
- Create an Airtm Account: Sign up and verify identity.
- Add Money: Deposit funds into Airtm wallet (the money is stored as USDC to maintain value).
- Transaction Process: Accept jobs as a cashier to facilitate withdrawals or deposits.
- Earnings: Earn a commission for each transaction completed.
Advantages of Airtm
- Minimal Investment: Only need money in the Airtm wallet for transactions.
- No Banking Dependence: Avoids reliance on traditional banks or PayPal.
- Income Stream Diversity: Can be combined with other side hustles for multiple income streams.
Risks and Considerations
- Accuracy: Double-check transactions to avoid errors.
- Platform Rating: Delays or mistakes can lower ratings and access to jobs.
- Scams: Use Airtm's internal messaging for secure communication.
- Starting Small: Begin with smaller transactions to build confidence.
Global Applicability
- Target Audience: Ideal for regions with limited banking access (e.g., Latin America, Caribbean, Africa).
- Global Opportunities: Available for anyone worldwide, even in developed countries.
Conclusion
- Not a Get-Rich-Quick Scheme: Emphasizes realistic earning potential through consistent smaller wins.
- Actionable Advice: Encourages trying Airtm as a side hustle for financial independence.
Note: Always conduct personal research and consider all options before engaging in any financial activities.