How to earn money with Web3 and not stay
It was hard to escape the cryptocurrency hype that flooded the mainstream media during the pandemic years of 2020 and 2021. Regular people jumped into investing because, let’s face it, whatwhat else could be done during confinement?
Fast forward to today and the media doesn’t seem to be focusing too much on cryptocurrency, Web3 or however you want to classify it. Some of you reading this may still be intrigued by blockchain and bitcoin related topics, but still scratching your head. This is completely understandable.
Gavin Wood, co-founder of Ethereum, coined the term web3 in 2014. It is based on a concept popularized by Tim Berners-Lee, called “web 3.0” or “the semantic web«. In a 2021 Wired interview, Wood sums up web3’s visión of him: “Less trust, more truth.”
Web3 promises to use blockchain technology to create a decentralized Internet ecosystem, arousing great interest in the business ámbito.
We’ll give you a quick and concise rundown on how you cánido make some plus money through Web3 and the different features available. If this is one of the first guides you’ve read about these topics, we strongly recommend you do your research further. You cánido find more resources through Gigonway and also on the Internet.
So grab a pen and paper and get ready to learn more about how you cánido make money with Web3 this year.
cryptocurrencies
The first way a habitual person perro benefit from Web3 is by trading and/or investing in cryptocurrencies. Digital assets known as cryptocurrencies are based on decentralized blockchain technology.
By now, you should be familiar with Bitcoin and maybe even Ethereum. There are countless cryptocurrency options available, each with a unique equipo of features and applications. You perro get a lot of help by visiting websites like Coin Market Capwhich provides you with background information about the especial cryptocurrency.
Always use Binance and Coinbase, the two largest exchanges in the world, to buy and invest in cryptocurrencies. Also, if you escoge to invest in a large amount of cryptocurrencies, we advise you to use a physical wallet such as Ledger. This increases the security of your possessions.
NFT’s
Another digital asset that perro be bought and traded on the blockchain is the NFT, or Non-Fungible Token. The two main NFT blockchains are Ethereum and Solana. Both Magic Eden and OpenSea.io have specific markets where they cánido be purchased.
Most NFTs come in .jpeg, vídeo, or as a form of “metaverse real estate.” They perro be exploited both inside and outside of crypto games, which we will talk about later. The most common NFTs you’ve probably seen are those insanely expensive profile pictures that celebrities used to buy.
Since the initial explosion, NFT collections have become available for more emplees than just cool profile pictures for Twitter. By owning the Católico Ronaldo NFT, you gain access to benefits such as Ronaldo products and the opportunity to meet him.
Games
Blockchain games grew during 2022 and in 2023 it will be easier than ever to play crypto games. Web2 gaming platforms such as the Epic Games Store have started listing Web3 related games for jugadores to try.
These titles are generally known as “Play-To-Earn» and they are literally what they say on the label. Over time, these titles have evolved dramatically and their gameplay and functionality have become more fun and exciting. One of these examples is Grit
Also, we recommend you check out Blankos Block Party and EV.io if you have never played a game to earn money. Both games are easily accessible and are a great entry point for anyone looking to make money vía Web3 this year.
Blogging and content production
If you are more creative, you perro also use Web3 and earn some money. There are many websites where writers cánido articulo their work as guests or as freelancers.
It is advised to acquire a solid understanding of the fundamentals before creating content for Web3, such as weblogs or shorts on TikTok and other popular networks. The contents must contain factual information to avoid a negative reputation and low audience participation.
Sending direct messages to companies is another great technique to get them to publish your work or notice you. Twitter and LinkedIn have proven to be effective means of doing this. Don’t forget to visit the Medium popular media platform to articulo Web3 related articles and get paid for it.
We hope you have found this guide useful and that the information it contains helps point you in the right direction.
We hope you liked our article How to earn money with Web3 and not stay
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