Crypto Opportunities
How can crypto help to earn a living in the age of AI?
Crypto is the ultimate choose your own adventure game.
Opportunities
Opportunities to earn crypto from
Opportunity | Effort | Experience | Toolkit | Capital | RoI Potential | Scalability | Risk Level | Griftiness |
---|---|---|---|---|---|---|---|---|
Airdrop Farming | Low | Low | Low ($1+) | Moderate ($100-$300+) | Low (manual effort) | Low (time-intensive) | ||
Staking | Low | Low | Medium (varies by token) | Moderate to High (3-20% APY) | High (passive income) | Low to Moderate (market volatility, lock-up risks) | ||
Yield Farming | Medium | Medium to High | Medium to High | High (20-50% APY, sometimes more) | Moderate to High (requires monitoring) | High (impermanent loss, smart contract risks) | ||
Crypto Lending | Medium | Medium | Medium | Moderate to High | High | Moderate (borrower default risks) | ||
Mining | High | High | Very High ($3K-$10K+) | Moderate to High (depends on electricity costs and coin value) | Low (hardware-dependent) | High (energy costs, hardware depreciation) | ||
Play-to-Earn Games | Medium | Low | Low | Low to Moderate | Low | Moderate (game sustainability risks) | ||
DePIN Networks | Medium | Medium | Medium ($500-$1K for hardware) | Moderate to High | Moderate | Moderate (network adoption risks) | ||
Trading/Arbitrage | Very High | Very High | Medium to High | Unpredictable | Low | Very High (market volatility, competition) | ||
App Development | Very High | Very High | Low | Very High | Very High | Moderate to Low (depends on execution quality) | ||
DAO Proposals | Medium | Medium | Low | Moderate | Low | Moderate (competitive proposals) | ||
Bounties/Services | Medium | Medium | None | Moderate | Low | Moderate (PVP competition for tasks) | ||
Affiliate Programs | Low | Medium | None | Low to Moderate | Moderate | Low |
Thoughts to refine
- Avoid scams
- Identify Protocols
- Risk Strategy
- Time Commitment
- Cost of Activity
- Tax Implications?
Analysis
- Low-Cost Opportunities:
- Airdrops and referral programs are beginner-friendly and require minimal investment but have limited scalability and inconsistent returns.
- Staking offers steady passive income with low effort, especially on platforms like Ethereum or Cardano.
- High Reward Potential:
- Yield farming and crypto lending can generate significant returns but require careful risk management due to market volatility and smart contract vulnerabilities.
- App development provides the highest scalability and reward potential for skilled developers, especially in underserved blockchain ecosystems like Solana.
- Capital-Intensive Options:
- Mining requires substantial upfront investment in hardware and cheap electricity access. It is best suited for those with technical expertise and resources.
- DePIN networks like HiveMapper or Helium involve moderate capital investment in hardware but can yield consistent returns if the network grows.
- Effort-Intensive Methods:
- Trading/arbitrage demands high skill, constant monitoring, and significant capital. It is highly competitive and risky.
- DAO proposals and bounties/services require tailored skills or creativity but can build reputation and lead to long-term opportunities.
- Scalability Leaders:
- App development stands out for its scalability potential. Building decentralized applications or tools for existing protocols can yield exponential rewards if widely adopted.
- Risks:
- Many opportunities carry risks such as market volatility (staking, yield farming), technical failures (mining, DePIN networks), or competition (bounties, DAO proposals). Proper due diligence is critical.
Ideas
- Speculating
- Trading
- Investing
- Community
- Contribution
- Governance
- Staking
- Airdrop Farming
- Yield Farming
- Liquidity Provisioning
- Validator Node
- Owning DePIN Infrastructure
- 375go
- Grass
- Helium
The Journey
Play, Own, Buy, Earn, Vote, Collaborate and Buidl to change the game.
- Speculator
- Gamer
- Investor
- [Collaborator]
- Governor
- Developer
Use speculation to fuel the fire for deeper participation. Having a stake in the game drives commitment to make progress.
Onboarding
Community driven onboarding is any brand's best marketing strategy. Which Crypto+AI Ecosystem has the best onboarding experience?
- Select an exchange
- Speculate on a meme
- Buy and hold coins
- Select a wallet
- Exchange to stablecoin
- Bridge to another network
- Buy a digital asset
The onboarding experience is the most important process to get right in reducing friction to go from novice to mastery.