The vastness and complexity of blockchain technology can feel very daunting for individuals who are uninformed of the terminology and computer literacy needed for generating online money.
Even if one understands the concept of digital money, there is still so much crypto information on the Internet that many have no clue where to even start. Typically, all we hear is the hype, and the hype is generated by scammers who lack knowledge themselves.
Then comes the plethora of individuals who share stories of successful crypto investing, telling their audience how cryptocurrencies are paying for their beach-fronted mansions. And then, it is you, fascinated by this ecosystem of quick and abundant wealth, struggling to find ways to earn income with cryptocurrency.
Fortunately, cryptocurrency offers numerous ways to earn money and does not compromise your intention of immersing yourself in this landscape by exposing you only to complex trading, dividends, and running master nodes.
Consequently, this article seeks to introduce you to several crypto side hustles with huge potential for significant income. Moreover, if you’re interested in the crypto landscape as a whole and want to dive deep into specific communities, platforms such as Shib News Today can give you updates and relevant insights.
Crypto Gaming For Passive Income
Play-to-earn games are a massive success, featuring thousands of players and millions of dollars flowing through them. These games have revolutionized the way players think of gaming, rewarding them with assets that hold real-world monetary value.
To earn cryptocurrency tokens or NFTs, players typically have to complete in-game tasks such as leveling up characters, winning battles, solving puzzles, and participating in various tournaments and quests.
Some of the best crypto games include Fantasy Pepe (PEPE), Axie Infinity (AXS), Hamster Combat (HMSTR), My Neighbor Alice (ALICE), Pixel Tap, Dungeon Arena, and Booh Brawlers.
Crypto games empower players to monetize their in-game assets, developing a new economy where money intertwines with excitement and playing skills.
Earn With NFTs
NFTs can become an additional source of income, especially for artists and content creators who have the opportunity to tokenize their work and turn it into a unique asset on the blockchain. Consequently, the most direct way to earn with NFTs is to create and sell them.
The first step would be to choose your art medium, which can vary from images and videos to music and 3D models. After creating a visually appealing asset, it’s time to select an NFT marketplace to mint and list your art, such as Foundation, Rarible, and OpenSea.
Once you’ve chosen a marketplace, you’re ready to upload your digital work, create a token to represent it, set a price for your NFT, and list it on the marketplace, whether for a fixed price or as an auction.
Furthermore, creating digital work is not the only way to earn with NFTs; The NFT market has seen outstanding growth over the past few years, offering exciting opportunities and high potential returns.
As some assets sell for millions of dollars, many crypto enthusiasts are now purchasing non-fungible tokens, with the goal of selling them later for a higher price. Popular NFT collections include Bored Ape Yacht Club, Moonbirds, CryptoPunks, and Azuki.
Discover The Air Drop Experience
Crypto airdrops are a great passive income source for crypto enthusiasts who can afford to seek out promising opportunities.
While several airdrops disappointed users with lower-than-expected allocations and exploitation by bots, airdrops remain a fantastic way to reward loyal users and grow Web3 communities. Once you find an airdrop, you’ll have to complete several tasks for farming it, such as:
- Retweeting posts on X, following social media accounts, signing up for newsletters, tagging friends in social media discussions, or inviting them to participate.
- Joining Telegram groups and staying active.
- Holding specific tokens in your wallet.
- Testing products and interacting with Dapps.
Have Fun And Earn Money With Content Creation
Although content creation is a very competitive domain, and the cryptocurrency landscape is full of complex terminology and rapidly evolving technologies, you’ll be settled in terms of capital if you manage to write qualitative crypto content. On average, the income of freelance crypto content writers is around $39 per hour.
Your content must be accurate, insightful, and educational, as only those who understand the field’s nuances and are capable of communicating complex concepts thrive in this industry.
Not in the sense of becoming too obsessive about everything being perfect, but spelling and cohesiveness are also of paramount importance; otherwise, your content will not be understandable or worthy of reading.
Become A Discord Community Manager
Discord communities have emerged as a safe place where investors, project developers, artists, and crypto enthusiasts meet and interact, empowering each other to trade smarter, learn faster, and avoid scams. Important skills in becoming a crypto community manager on Discord include writing, public speaking, and event planning.
Furthermore, crypto community managers are also in charge of responding to queries, referring community members to the right team members, keeping the FAQ updated, and moderating the community. It may seem a lot, but it is totally worth it, as you could earn as high as $95,142 annually.
Concluding Remarks
Overall, the cryptocurrency landscape has numerous valuable opportunities for people interested in earning a substantial income and taking part in this wave of power that is poised to revolutionize the way we perceive money and finance as a whole.
Many experts predict that blockchain will put an end to central banking systems and traditional exchange modes, becoming one of the most disruptive technologies of this century. Although predicting what the future will look like is almost impossible, individuals who grip with this technology today will be in a much better position when the future finally arrives.
With Bitcoin as one of the most significant inventions in history since the Internet, taking a course or degree in this revolutionary technology represents a sound and strategic move.
It’s never too late to start.
