The arrival of Web3 has provided more ordinary people with the opportunity to participate in the wave of the digital economy. The cryptocurrency space is no longer an exclusive domain for geeks and professional investors; ordinary people can also find ways to make money in the Web3 world. Below, we will discuss the current popular projects in the cryptocurrency space and mainstream money-making models to help everyone seize their own opportunities.
1. Exchange Arbitrage and Brick Moving#
The most basic way to make money in the cryptocurrency space is through trading. There are often slight price differences between different exchanges, and savvy users take advantage of these price discrepancies for arbitrage, commonly known as "brick moving." For example, by buying low and selling high between mainstream exchanges like OKX, Binance, HTX, Gate, Bitget, and Bybit, one can profit from the price differences. Domestic users can quickly find the latest backup domain names for these exchanges through Hyperlink Navigation, avoiding missed trading opportunities due to domain changes.
Although arbitrage seems simple, it requires a certain amount of capital and market sensitivity. Beginners can start with small amounts to gradually accumulate experience.
2. Participating in Popular Public Chain Ecosystems#
New projects are constantly emerging in the ecosystems of public chains like Ethereum, Solana, and BNB Chain. Participating in ecosystem projects of these public chains, such as early involvement in DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and GameFi (Blockchain Games), often leads to airdrop rewards or early dividends from the project teams.
Many projects distribute airdrops in the early stages of their launch. By completing simple tasks (such as registration, interaction, or holding tokens), there is a chance to receive token rewards. Last year, many users earned hundreds or even thousands of dollars in airdrop profits by participating in new public chain testnets.
3. Holding Tokens for Interest and Liquidity Mining#
Holding mainstream cryptocurrencies (such as BTC, ETH, USDT, etc.) allows participation in various DeFi protocols to earn interest. For example, depositing tokens into decentralized lending platforms or providing liquidity to decentralized exchanges can earn transaction fees and platform rewards.
While liquidity mining can yield considerable returns, it also comes with certain risks, such as impermanent loss and smart contract vulnerabilities. It is recommended that beginners prioritize leading platforms, diversify their investments, and reduce risks.
4. NFT and Digital Collectibles Trading#
The NFT craze has swept the globe, and ordinary people can participate. Whether creating digital artworks themselves or participating in the minting and trading of popular NFT projects, there are opportunities for high returns. Some NFT projects are initially priced low but can significantly appreciate later due to community consensus and scarcity.
The NFT market is highly volatile, and investment should be approached with caution. It is advisable to pay attention to the project's background, community activity, and practical application scenarios to avoid blindly following trends.
5. GameFi: Earn While Playing#
GameFi (Blockchain Games) makes "earn while playing" a reality. Players can earn token rewards by participating in blockchain games, completing tasks, leveling up characters, and trading items. Some popular blockchain games like Axie Infinity and StepN have allowed many players to earn over ten thousand dollars a month.
Blockchain games have a low entry barrier, making them suitable for ordinary people. However, it is essential to consider the sustainability of the game and its economic model to avoid investing too much time and money in short-lived projects.
6. Community Operations and Content Creation#
Web3 projects place a high emphasis on community, and ordinary people can earn rewards by participating in community operations, content creation, translation, and promotion. For example, writing project reviews, recording tutorial videos, and participating in AMA events can lead to token or NFT rewards from the project teams.
This model does not require high professional skills and is suitable for users with a certain level of expression and social skills.
7. Participating in DAO and Governance#
DAOs (Decentralized Autonomous Organizations) are an essential part of Web3. Ordinary people can participate in DAO governance by holding project tokens, making suggestions, voting on decisions, and even receiving governance rewards. Some DAOs distribute tokens or bonuses based on contributions.
The entry barrier for DAO participation is low, making it suitable for users willing to engage in long-term project development.
Summary Analysis#
In the Web3 era, ordinary people have more diverse opportunities to earn money than ever before. Whether through trading arbitrage, participating in public chain ecosystems, earning interest by holding tokens, NFT trading, blockchain games, community operations, or DAO governance, everyone can find a suitable way. The key lies in continuous learning, staying alert, and diversifying risks. With tools like Hyperlink Navigation, domestic users can conveniently and quickly access major mainstream exchanges and seize every opportunity. Although there are risks in the cryptocurrency space, as long as one participates rationally and continuously enhances their understanding, ordinary people can also share in the benefits of the Web3 wave.