In the light of the recent growth tweets shared by Web 3 lads, outsiders have been asking what Web 3 is, what do they do in Web 3? How to make money in Web 3?
Let me break it down for you in simple terms, first off, RT this tweet so others can see it.
Generally, Web 3 is the part of internet that uses decentralization to give users more control; think blockchain, think creating a token.
Think of the Internet as a library, in Web 3, You can write your own stories, share them, and keep ownership, your name stays on the book forever, and no one can change or delete it because itโs stored safely on the blockchain.
Here, you own a wallet, you keep assets in the wallet, you keep the keys to that wallet, you control everything about the wallet without any interference of a third party.
So to the biggest question, what do we do in Web 3 and how do we make money in Web 3?
There are different things to do and ways to make money here, infinite even, I will list a few out:
- The most popular one, crypto trading: Trading generally means to buy something at a certain price and sell it for an increased price, in crypto, itโs the same, just with coins/tokens, it is the buying of tokens at a certain value and then trying to make money by selling it when its value rises, meme trading falls under this also.
- NFT trading: NFTs are digital arts stored on the blockchain, trading it means to buy it and sell for higher prices, there are different ways to buying it.
- Crypto Marketing: Marketing is the act of promoting something so that a lot of people can see it and probably pick interest in it, people who have a lot of followers can venture into promoting for crypto projects.
- Yapping: This is a new trend, it means talking about a project everyday till you appear on their leaderboard so you can make money off it, it is monetized attention, it is also called InfoFi, which means to always provide information on a project on X in an aim to make money off it.
- Developing: A developer is a person who develops an idea or a product. You can be a developer here and handle the tech side of things, you can be a blockchain dev, a smart contract dev, dApp dev etc.
- Bringing your real life skill here: Web 3 is a universe of its own, the same way you can have different skills in real life and get employed for it is the same way you can get employed based on your skills here. You can be a Web 3 photographer, for Web 3 people and projects, you can be a UI/Web designer for Web 3 products, you can be a writer for Web 3 projects, you can be a product manager, business developer, event planner, community manager etc for Web 3 projects, almost all skills get a position here.
There are different ways, strategies and how to make the most and position for these above points but that would be in another tweet, if this does well.
Donโt forget to RT, like, comment and follow for more contents like this.
A month ago we left Nigeria to experience South Africa with the Blockfest roadshow, and here is exactly how a week of fun and connection flew by fast
Full movie on YouTube, Enjoy๐๐ป
https://t.co/sPPeykAYby