What is web3? How do ordinary people make money on web3?

Web3, also known as Web 3.0, is a new Internet concept designed to improve Internet security, transparency and user control. It is based on blockchain technology and distributed networks, allowing users to own and control their own data and participate in network governance. For ordinary people, Web3 provides a variety of opportunities to make money:

What is Web3?

Web3 is the third stage of the development of the Internet and is considered to be the next generation of the Internet. It is based on blockchain technology and has the characteristics of decentralization, transparency, and security.

How do ordinary people make money through Web3?

There are many ways to make money, including:

1. Participate in DeFi (Decentralized Finance)

By Earn interest and rewards from lending, trading and mining methods

• For example, lending cryptocurrencies on lending platforms such as Aave to earn interest
• 2. Become a A famous NFT creator or collector

Create and sell digital art, music or other unique assets

For example, sell NFT using platforms such as OpenSea
• 3. Provide Web3 services

Develop and maintain blockchain applications and services

For example, create smart contracts or provide decentralization Storage
• 4. Game Make Money (GameFi)

Earn cryptocurrency or NFT by playing blockchain-based games

For example, keeping and trading digital pets in games like Axie Infinity
• 5. Participate in DAO (Decentralized Autonomous Organization)

Become a member of the DAO and participate in its management and decision-making

For example, participate in the governance token voting to receive rewards

Web3 is an emerging field with certain risks.

Please conduct adequate research and due diligence before participating in Web3 activities.

Manage your crypto assets with caution and beware of fraud.

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