Web3 is not only a technological innovation but also a new opportunity for ordinary people to make money. Many believe that Web3 has a high threshold, but as long as you master a few practical methods, you can find your own path to profit in the cryptocurrency and decentralized world. Below are several ways ordinary people can earn money in Web3, along with specific examples to help you understand.
1. Holding Coins for Interest: Earn Passive Income#
Holding coins for interest is the simplest entry method. After buying mainstream coins or quality project tokens, you can deposit them into a DeFi platform that supports locking or staking to earn interest returns. For example, in some decentralized lending protocols, depositing USDT or ETH can yield returns at an annual interest rate.
Example: Xiao Zhang bought 1,000 USDT and deposited it into a DeFi lending platform with an annual yield of about 8%. After a year, aside from the price fluctuations, he could steadily earn 80 USDT in interest. This process does not require frequent operations and is suitable for conservative investors.
2. Participate in Airdrops and Early Project Subscriptions#
Many new projects distribute airdrop tokens to early users for promotion. Ordinary people can simply follow project updates and complete simple tasks (such as registration, sharing, holding coins, etc.) to have the chance to receive free tokens. Some project tokens increase in price after listing, bringing good returns.
Example: Xiao Li followed a new NFT project and participated in their community activities, receiving airdropped NFTs and tokens. After the project launched, the token price multiplied several times, and Xiao Li sold part of the tokens for quick profits.
3. Buying and Selling NFTs and Creation#
NFTs (non-fungible tokens) are an important part of Web3. Ordinary people can make money by purchasing popular NFTs and reselling them after appreciation. They can also create digital artworks, music, etc., and mint them as NFTs for sale.
Example: Xiao Wang is a designer who minted his works as NFTs and sold them on the market. Within a few months, he sold several pieces, earning more than through traditional channels. On the other hand, collector Xiao Zhao bought several popular NFTs, and as market interest increased, the NFT prices rose, allowing him to profit.
4. Participate in Decentralized Exchanges (DEX) Market Making#
Market making refers to providing liquidity on decentralized exchanges to earn trading fees and rewards. Ordinary people can deposit two types of tokens in proportion into a liquidity pool to receive LP tokens, representing their share. As trading volume increases, the fee dividends will also increase.
Example: Xiao Chen deposited an equivalent amount of ETH and USDT into a DEX liquidity pool and received LP tokens. After a few months, the accumulated trading fees and platform rewards exceeded 10%, which is higher than simply holding coins.
5. Use Hyperlink Navigation to Access Exchange Backup Domains#
Domestic users often encounter issues with official domain names being blocked when accessing mainstream exchanges. Using the backup domain navigation provided by Hyperlink Navigation for major exchanges, such as OKX, Binance, HTX, Gate, Bitget, and Bybit, allows direct access to the latest official backup domains, ensuring smooth transactions. This can help seize trading opportunities brought by market fluctuations and avoid missing profit chances.
6. Participate in DAO Governance to Earn Rewards#
DAO (Decentralized Autonomous Organization) is one of the core forms of Web3. By joining a DAO and participating in project governance and proposal voting, you can sometimes earn token rewards. Active contributors can receive more incentives and even become project partners.
Example: Xiao Liu joined a DAO for a DeFi project and actively participated in community discussions and proposals. The project team issued governance tokens based on contribution levels, and after holding the tokens, Xiao Liu saw their value increase as the project developed, realizing profits.
Summary#
For ordinary people to make money through Web3, the key is to find a suitable method. Holding coins for interest is suitable for conservative investors, airdrops and early subscriptions are for those who want to participate actively, NFT buying and selling and creation are for those with artistic or collecting interests, and market making is for users willing to take on certain risks. Using Hyperlink Navigation to access exchange backup domains can ensure smooth trading channels and seize market opportunities. Participating in DAOs is a reward for long-term accumulation and contribution. Making money in Web3 is not difficult; the key is action and continuous learning.