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TOP 5 INCOME STREAMS IN WEB 3.0 www.assetfinx.net
What Is Web 3.0? Web 3.0 will be accessible and readable by both humans and machines, such as Internet of Things (IoT) devices or machine-learning algorithms. Several emerging tech sectors represent the future of Web 3.0, including augmented reality, the IoT and AI.
Cryptocurrencies Non-Fungible Tokens Crypto Mining Top 5 Income Streams In Web 3.0 Play-to-Earn Games Seeking Employment in Web 3.0
Cryptocurrencies Experts predict cryptocurrency to be the currency of the digital world. From selling and purchasing to trading and investment, all financial domains in Web 3.0 and the metaverse will most likely use crypto coins instead of fiat currencies. That is why many big companies are either backing a cryptocurrency or investing in minting their own cryptocurrency. For example, Facebook is creating its own crypto coin known as DIEM, which will be the native coin for Facebook’s own metaverse.
Crypto Mining Crypto mining is not an investment, but you can still receive high rewards by getting involved in this process. This process allows you to earn high rewards only by verifying transactions on blockchains such as Bitcoin, Ethereum, and more. Crypto mining is how blockchains around the world generate digital assets. Therefore, if you can become a verifier, it will help you back some income as a side gig. The best part is that you do not need to be a blockchain expert for this. Furthermore, you will only need a few computers set up, and you are good to go.
Earning by Airdrops on Web 3.0 Airdrops are another efficient way to start making money in Web 3.0. An airdrop is an instant where a blockchain decides to give away free coins or tokens to its community. The purpose behind this activity is to create awareness about the token or promote a specific project. You can get free tokens and hold on to them. You may be able to yield high profits in case the price of these tokens increases in the future. However, it would be best if you researched to find reputable blockchain projects for airdrops, as there are many scams happening out there.
Non-Fungible Tokens (NFTs) Non-fungible tokens are digital assets that allow you to convert a real-life asset into its digital version and own it. You can create an NFT for artwork, paintings, real estate, property, landmarks, music, character, etc. If you do not have a unique real-life asset, you can actually generate and buy NFTs from various NFT minting websites. There are many popular NFTs, like Bored Ape Yacht Club, which was sold for a profit of more than $2.25 million. However, the world’s most expensive NFT series was sold for over $91 million.
Play-to-Earn Games Web 3.0 will offer the most immersive gaming experience on a global scale. Game development companies are already working on building play-to-earn games, and some of them are already available in the market. A play-to-earn gives you an opportunity to earn cryptocurrency for playing a game. You can complete challenges or reach new levels and earn crypto coins. Similarly, you can even battle it out with other players online and win their coins. You will later be able to convert your crypto coins into cash.
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