Web3, the next-gen Internet based on Blockchain technology, offers numerous ways to earn passive income. It’s gaining traction globally, and here are 10 easy ways you can start making money with Web3 even as a beginner:
- Flip Blockchain Domains: Blockchain domains or Web3 domains, are like future digital real estates. You buy these domains, and they are linked to your wallet, with no recurring fees. These domains can also serve as wallets, simplifying cryptocurrency transactions.
- Create and Sell NFTs: NFTs, or Non-Fungible Tokens, are unique digital assets that you own entirely. They are like digital certificates that can’t be changed. You can create and sell art, collectibles, and other creative NFTs on various platforms.
- Earn from Ads: Just like the traditional internet, you can earn money from ads on blockchain. By viewing and interacting with ads that match your interests, you can make some cash.
- Turn Your Blog Content into NFTs: Platforms like Mirror.xyz allow you to convert your original blog content into NFTs, offering you another way to monetize your creative efforts.
- Participate in Airdrops: Airdrops are giveaways by new blockchain projects looking to attract users and contributors. Participating in these can land you some free tokens, which you can later sell or hold.
- Play Video Games: Yes, you can make money by playing video games on Web3 platforms. These games often reward players with cryptocurrency, creating a fun way to earn.
- Trade Metaverse Real Estate: Buying and selling virtual land in the Metaverse can be a profitable endeavor. The goal is to secure prime virtual locations that attract high user traffic and then sell them at a profit.
- Engage in Metaverse Activities: From opening a virtual shop to hosting events in the Metaverse, there’s a variety of activities you can monetize. However, you need to own property in the Metaverse to do so.
- Become a Web3 Developer: If you’re tech-savvy, you can offer your skills to develop Web3 applications. As a Web3 developer, you can work for multiple projects and earn a good income.
- Become a Web3 Organisation Affiliate: If you have a following and love creating content, you can join Web3 organizations as an affiliate. You’ll get paid for promoting their products or services to your audience.
These are some of the ways you can earn money through Web3. So why wait? Start exploring the world of Web3 and harness the potential of blockchain technology to generate passive income.