Feb 24th, 2024 at 12:00
💵 Ways to make money with cryptocurrencies. How to make income in Web3.0.
Web3 is not only new services and technologies (cryptocurrencies, dApps, NFT), it is also new opportunities to make profit. Don't you know the difference between Web2 and Web3? ➡️ Read our blog article. (https://ogcom.xyz/blog/web2-vs-web3-key-differences)
In Web3, there are many ways to make money, with zero or minimal investment. In this article we will tell you about 4 ways to make money in crypto.
💵 Ways of earning that require investment (from 100$) ⛏ Mining: Get rewarded for performing mathematical operations in blockchain on special hardware. Every year the requirements for the equipment grows, and components become more expensive. 📈 Trading and Investing: Buy or sell assets for profit. Sounds easy, but only 2% of people trade successfully, the others sooner or later go broke (REKT). ❄️ Staking: Lock up your tokens to provide the blockchain network functioning and earn rewards. The longer the period of staking, the higher the profit. 🌎Decentralized Finance (DeFi): Trade on decentralized exchanges, participate in Liquidity Pools. Be careful, you can lose funds by making a mistake.
💵 Ways to earn with the lowest investments: ➡️ Create and sell NFTs: Create collections and trade them. Or get NFTs for web3 activity. ➡️ Working with Decentralized Applications (dApps): Leverage social dApps and participate in GameFi projects by integrating into their ecosystem. ➡️ Airdrops and Bounty Programs.
The sphere we want to tell more about because: 1.Minimal investments. Therefore, low risks (for example, mining, which requires equipment for at least 500$). 2.Easy to understand for beginners - we will participate in programs that reward users for completing tasks such as subscriptions, reposts and interaction with the projects in web3. 3.A lot of successful cases of earnings: For example, the project Arbitrum gave away airdrop from 650 to 10000 tokens to early users, and continues to give away until now! In total, the project has given away about $1.3 billion.
In the next article, we will tell you how to make money from 🪂 Airdrops.