How it All Started – the Story of Honeygain
Updated: Dec 4, 2019
Hi all! This post will be the first edition of our blog - a new channel to greet and stay in contact with our users. Why did we decide to do this? Simply because of the ever-growing number of Honeygainers that we have reached by now - over 1M!
This one and all the following blog posts will hopefully help answer the most important questions for all of you. Questions like how to earn the most, what devices can be used, what strategies can be implemented, and much more.
Now, let's kick things off with our story. Honeygain.
Our Story. The Idea.
The idea for Honeygain was born a year ago, in 2018, at the Web Summit conference in Lisbon. After listening to yet another speech about the shared economy business model, we understood that there is an opportunity to develop a transparent network of incentivized members who would help the web intelligence and similar network businesses.
We were not only familiar with the industry, but we understood that the main goal for our idea to succeed was to involve people who would like to get money and care about how to maximize their network quality. Secondly, we wanted to make it an opportunity to gain money for a global audience, with as little exceptions as possible. We've immediately put some rough numbers together, and by the end of the conference, we decided to give it a shot!
Within a few weeks, we invited a dozen people to participate in the development of the next big thing - Honeygain! As everyone in the team already had daytime jobs, we all decided to keep it as a part-time garage project, with hopes that one day Honeygain could become something more significant.
By the end of 2018, we already had constructed a clear path for Honeygain, crystallized its development strategy and also secured the initial funding, which allowed us to start the development without any delays.
Our Story. The Team.
In the beginning, there were 5 of us. Later on, we found 13 more people, and now our team consists of 18 people, all working on Honeygain. It might seem that there are so many of us, but, actually, everyone has a daytime job, aside from this project. We are all excited to make Honeygain a great product, and we want to invest our time in developing this game-changing application.
Working on a part-time project can be a bit complicated - catching everyone for a video call is almost impossible. An even bigger challenge is that our team is scattered over three continents and 10 countries (Germany, US, UK, France, Spain, Belarus, Lithuania, Estonia, India, and Vietnam) with very different time zones.
Nonetheless, we are so proud of our team! Everyone at Honeygain is hugely enthusiastic about the project, which seems to be the reason why it got launched in under 5 months! Also, having such an international team not only gives us exposure worldwide but also allows us to have an environment of healthy feedback from within the team.
Our Story. The Development.
We've started developing Honeygain back in January 2019 on two development tracks simultaneously: backend and legal. The goal here was to focus on our users' peace of mind. We needed to develop a secure platform where breaches would not be possible, and our network could not be used for unverified purposes.
At the same time, it was necessary to protect our users legally, set proper regulations for fair use, and provide the most comprehensive protection for our clients.
After we were ready with the foundations, we prioritized on launching Honeygain as soon as possible. And finished the development of our Android app by May 24th, 2019, which we launched the same day. We got a lot of attention from users immediately! Sites like Product Hunt were soon talking about Honeygain. That made Honeygain grow even faster and in just three weeks, we saw the downloads jump to 10K!
Soon after the launch, we introduced a referral system. It helped to escalate the growth of the app. Then came the Windows app, social networks, fraud protection, device management, and many more features under the hood.
The rapid growth was unexpected. We celebrated every milestone - the first 100K, 200K, 500K users. We couldn't keep up with acquiring new business partners with more traffic, all of the traffic would be immediately taken by the amounts of new users that joined our platform (that might have been a bit difficult to anticipate). But we are still rapidly growing every day.
This whole story leads us to where we are now - 1M Honeygainers from almost every country in the world. Crazy!
Our Story. The Future.
We are very proud of how fast was the growth of Honeygain, and we want to retain this dynamic. In this quarter, we will introduce blog posts, more payout options, and better support for our users! But the most crucial thing for us to offer more traffic for all of you - stay tuned for updated on that!
The traffic moves in a cycle - as more users join, we get more clients and also increase the traffic. Then even more users join, and we once again get more traffic. We will do our best to grow the traffic steadily, without the mid-cycle part - that is when the amount of traffic can't keep up with user growth.
The plans for the future are clear - we will scale Honeygain! Add more users, acquire more traffic, and continue moving further to become a go-to-place for anyone who wants to start earning passively!