The WEB3 Shift Set To Dominate Crypto Income Generation & Passive Income

B1HC...QpyA

31 Dec 2024

A Swift Shift
SoFi has had numerous opportunities to create a viable and attractive sector for income generation. However, at this stage, many new and up-and-coming projects are falling short or failing altogether. Hive is the only SoFi platform worthy of merit and mention. Yes, Hive also incorporates other elements such as DeFi and tokenized ideas. However, so do many of the new SoFi platforms.
Hive is not perfect. However, it is the best SoFi platform for bloggers and content creators. If you don’t have a Hive account create an INLEO account and simultaneously create a Hive account. Creating short-form, long-form, and video content on INLEO enables users to earn Crypto. Development is taking place that will soon allow users to select their Crypto payment method of choice.
The native earnings on INLEO are LEO, HIVE, and HBD. However, as mentioned, conversion to other Cryptocurrencies is being developed. The fact that altcoins remain suppressed is an excuse for new SoFi platforms. However, I am addressing issues other than token valuations and market capitalizations. Many projects break their word, violate previous statements, and do what they want.
The WEB3 Mask
Many of these projects wear the “WEB3 mask” but are centralized entities under the dominion and control of key personalities masquerading as decentralized WEB3 platforms. This is a huge problem in many new and smaller SoFi platforms that are popping up. Content creators who have been around in the WEB3 space are slowly but surely becoming weary of this behavior.
At the same time as this continues to intensify and unfold, DePIN is making strides in income generation and passive income within the WEB3 realm. The relativity ratios associated with DePIN are far superior to those of content creation, at least for the average user on the average SoFi platform. As mentioned, Hive remains resilient to the prevalent dynamics of current SoFi platforms.
The time required to earn on many of these platforms is far more excessive and demanding than the time needed for DePIN opportunities, and so we have the beginning of a shift. SoFi is underdelivering while DePIN offers viable and lucrative opportunities requiring little time. The future market cap of DePIN is expected to match the entire Crypto market cap by 2028. This is massive!
The DePIN sector is all about income generation and passive income. Monetization and incentivization are the name of the game. Unless SoFi begins delivering the goods, it can expect to lose many participants to the DePIN economy. It’s simple math… less time, more reward! Markets and industries evolve (and fall away) thanks to competitive forces. Adapt and survive, or become irrelevant in time.

Free Passive Income

Final Thoughts
SoFi holds tremendous potential. However, only a handful of effective and groundbreaking platforms appear to qualify. Many will continue to limp while simultaneously losing participants to sectors like DePIN that provide value for their time. I expect DePIN to be a leading sector regarding income generation in WEB3. SoFi platforms need to raise the bar if they want to remain relevant. See you next time!

Earn Free LEO & HIVE

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 me 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.