The On-Chain Lifestyle
Income At Your Fingertips
The laptop lifestyle received a significant upgrade with the arrival of WEB3 and blockchain-based models. Digital nomads have been soaking up the sun across the beaches of the world for some time. However, a new breed of ‘digital nomads’ has arrived. The WEB3 enthusiasts have now arrived and are beginning to carve out a niche of ease and profitability.
WEB3 models make earning online income a breeze. However, this technology is still in its formative stages, and opportunities are still evolving and becoming established. As with any new technology, there are numerous new ideas. However, very few make it. This is where identifying the right avenues is imperative. After all, WEB3 and SoFi remove the employer/employee dynamic.
WEB3 participants become their own boss. This is one of the main differences between traditional models and WEB3-based models. WEB3 enables earning outside of a conventional ‘job’ dynamic. Consider, for a moment, large accounts on Hive. Many of these accounts can extract semi-passive income every day just by curating a handful of articles. This requires a few minutes and is paid out seven days later.
On-Chain Traders
With the arrival of WEB3 and DeFi also came the arrival of DEXs. This gave birth to a new breed of traders who can trade from anywhere with their on-chain balances. This not only promotes ease but also safety. Instead of having their assets on a third-party platform, traders can maintain custody of their assets. Traders will then only need to sacrifice custody for the duration of a trade.
Many individuals are likely ignorant of the benefits and enhancements of WEB3 models. However, the perks of freedom, safety, and the removal of third-party counterparts are real. Like most things in life, one has to try something before realizing its benefits and superiority. Trading via liquidity pools without exchanges acquiring custodial ownership is a great benefit.
Cast A Line
SoFi is an expression of WEB3 that holds a lot of promise. However, it is still battling to find its feet. As mentioned in a recent article, Hive and Arena appear to be the only platforms enjoying meaningful success. Unlike creating articles for traditional platforms, WEB3 creators create and publish as they choose. There are no requested adjustments and edits.
The community decides whether an article has value or not. Creators cast a line into a digital ocean of communities. The random voting habits of WEB3 participants decide a creator’s reward, just as the ocean dictates a fisherman’s reward. We need to see more of these models being fine-tuned and functioning in a lucrative manner.
Final Thoughts
The idea is still new, and one can only test and approve, or reject, the models and opportunities currently online. Opportunities will improve and increase as the sector matures and evolves. One has to be patient and utilize what is at our fingertips. As always, this should not be considered investment advice. All the best, see you next time!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in my receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
Great! Much appreciated! Thanks😎
It sounds like magic that people of this day and age have these type of opportunities at their fingertips.
I like the framing of digital ocean of communities in web3. That's how I tend to see it also, finding your footing can be a long process of trial and error, there's less stability in the ocean waves, learn to flow with the waves but not get too carried away by them.