WEB3 Innovation Redefining Crypto Earning Platforms

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17 Dec 2024

Sudden Acceleration
Regular readers may be aware of my history. I have been in the crypto space for a decade and have been in the online earning space since 2008. During this time I have seen a lot of growth and change. Online earning was one of the first sectors to embrace Crypto, offering users the opportunity to earn Crypto for their time online. PTC and GPT sites began gaining traction in 2008 with a handful of them still operational today. However, many of these models are in a state of constant evolution.
The need to remain relevant in an ever-changing technological world is a constant battle for platforms offering traditional GPT opportunities. These include paid-to-view tasks, surveys, and other offers. One of the “perks” of these platforms is an almost instant reward structure. Faucets would also fall under the GPT banner. Solving a capture requires a few seconds and a user is instantly rewarded satoshis. Crypto faucets like Freebitco.in and Cointiply continue to garner new users.
These are fun on your mobile when waiting at a checkout or a waiting room. However, the earning potential is relatively low. I recently published an article addressing the resurrection of an old passive income stream. Ysense is primarily a survey site. The return of a single user to the platform has generated $17 in passive income for me. Survey platforms are generally the most viable. For example, if I have received $17 in commissions then the user has earned $100.
Innovation Empowers
Earning $100 for doing mindless surveys on the couch is acceptable for some. However, WEB3 is changing the game. For many, SoFi has taken the place of GPT. However, many SoFi opportunities require a fair amount of time and effort, and why many still dabble with GPT as a casual way of stacking more sats. Additional opportunities within the SoFi realm are less intensive, and in certain instances, passive. However, the greatest opportunity exists within a unique WEB3 model.
DePIN is revolutionizing online earning, specifically, passive income opportunities. Unlike GPT, DePIN opportunities require an initial installation process of a few minutes and then proceed to passively generate income indefinitely. This is truly powerful, especially when compared to the relativity ratios within the GPT space. Furthermore, many of these opportunities are incredibly lucrative relative to the input of time and effort. I was one of many to receive hundreds of dollars for mining GRASS points.
In fact, I have seen individuals earn thousands of dollars with Grass. When you consider the requirements of matching these earnings in the GPT realm, you will realize how powerful DePIN truly is. A few minutes compared to extensive hours of input is a far superior alternative. DePIN is busy changing the game and I expect GPT platforms that remain relevant in the coming years will consider incorporating DePIN and similar-styled opportunities.
Technological advancements have a way of forcing entire shifts regarding design and operations. Eventually, change is no longer an option. We are beginning to see this dynamic unfold regarding Crypto and blockchain technology. The world at large is on the cusp of change. In a recent article, I address my top 5 DePIN earning opportunities for 2025. Solana and Polkadot are leading the DePIN movement. Gaining exposure to the top DePIN projects on these two chains is a good move.

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Final Thoughts
We are likely to see some swift movements regarding online earning opportunities. DePIN and WEB3 are having a significant impact on this particular niche. Let’s be honest, most WEB3 participants are here for the monetization models. As these models are infused into the broader GPT space, we are likely to experience an explosion in viable online earning models. All the best and I will see you next time!

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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.