HoneyGain - What it Does on Your Computer or Phone |
Honeygain is an app that you can install on your computer or phone and it uses your internet data to run various queries for their clients. The company lets other businesses use their network to gather data and market research. The value of the network is that it's installed across several different devices and IPs, so their clients can get data from a variety of sources.
And they aren't using your computer's processing power to mine bitcoin or search for aliens, they just use your internet.
Unlike some other market research applications, they don't track your behavior and sell it to marketing companies. What they do is use your internet connection to run various search queries that their clients are interested in.
A common use case appears to be search engine optimization research – they run queries on Google and other search engines from your devices to see what the results are. This can be valuable information because marketers are always curious about where they appear in the results and whether their efforts have been effective.
Another use case that they've outlined on their blog is price comparison websites. A store may change the price of a product or service based on what they think is the purchasing power of users. Price comparison websites can use the network to check prices on products and services to give their users the most accurate data.
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