The most direct way is to participate in NFT, DeFi, and Staking, which have low entry barriers and are easy to operate, making them suitable for beginners. Let's discuss how to start your Web3 side hustle using these methods.
NFT: New Opportunities for Monetizing Digital Collectibles#
NFTs (Non-Fungible Tokens) allow digital art, avatars, tickets, and game items to become assets. The most common way for ordinary people to participate in NFTs is by buying and selling digital collectibles. For example, on platforms like OpenSea and Blur, you can buy promising NFTs at a low price and sell them for a profit once they appreciate. You can also pay attention to airdrops and whitelists of popular projects both domestically and internationally to obtain scarce NFTs in advance and profit from reselling them later.
NFTs can also bring long-term benefits. Some NFT projects provide dividends to holders, airdrop new tokens, or offer exclusive rights. For instance, certain game NFTs allow holders to participate in in-game dividends or obtain exclusive items. As long as ordinary people keep an eye on community dynamics and actively participate in activities, they have the opportunity to earn additional income.
DeFi: Earning Passive Income with Digital Assets#
DeFi (Decentralized Finance) allows everyone to earn interest like a bank. The simplest way is to deposit mainstream coins like USDT or ETH into DeFi platforms to earn annualized returns. Platforms like Uniswap, Aave, and Compound support earning interest on deposits, with annualized rates typically higher than traditional financial products.
In addition to earning interest on deposits, you can also participate in liquidity mining. By depositing two types of coins (like ETH and USDT) into a liquidity pool, you can earn a share of transaction fees and platform rewards. Although there is a risk of impermanent loss, as long as you choose pairs with low volatility, the risk is manageable. For beginners, it is recommended to start with mainstream coins and leading platforms to avoid the risks of lesser-known projects.
Staking: Earning Interest by Holding Coins, Low-Risk Appreciation#
Staking is one of the most suitable side hustles in the crypto world for ordinary people. You only need to stake mainstream coins (such as ETH, ATOM, BNB, etc.) to official or third-party nodes to earn stable annualized returns. The risks of staking are relatively low, and you don't have to worry about significant losses due to price fluctuations.
Some exchanges also support one-click staking, such as OKX, Binance, HTX, Gate, Bitget, and Bybit. Staking directly on exchanges is simple and secure. For beginners, choosing these major platforms is more reassuring.
Tool Recommendation: Hyperlink Navigation to Support Crypto Side Hustles#
Domestic users often encounter issues such as exchanges being inaccessible or domain names expiring. To smoothly participate in NFT, DeFi, and Staking, you first need to access major exchanges at any time. Here, I recommend Hyperlink Navigation, which provides the latest backup domain navigation for major exchanges. Whether it's OKX, Binance, HTX, Gate, Bitget, or Bybit, you can reach them with one click, saving you the trouble of searching for domain names.
Summary Analysis#
There are many opportunities for side hustles in the Web3 crypto space, and ordinary people can completely achieve asset appreciation through NFT, DeFi, and Staking. NFTs are suitable for users who enjoy trying new things and are willing to engage in community interactions, DeFi is suitable for those seeking high returns and willing to take on certain risks, while Staking is best for investors pursuing stable returns. With practical tools like hyperlink navigation, domestic users can also easily participate in crypto side hustles. As long as you keep learning and manage risks, ordinary people can find their own profitable paths in the Web3 world.