How to make money online
Today, millions of people are earning on the Internet. Their occupations range from freelance digital marketing to even entrepreneurs. You’ve got all chances to start making money online. What do you need? Simply, a laptop, excellent Internet connection, and one more thing: stay to date and watch financial trends! Read about the best ways to generate profit online in this article!
We’re here not to talk about creating a blog or publishing a book to make passive income. Don’t worry, we’ve got something more special for you! We’ll tell you about the top 3 money-making ideas on how to earn fast and effortlessly. Always stay up-to-date and grab the possibilities of the nowaday’s financial world. Even the rising ideas can be beneficial on a large scale! Let’s hit the road!
1. Play and Earn:
- What is GameFi?
- Asset Ownership.
- DeFi Features.
- Axie Infinity.
2. Make Your Crypto Work For You!
- What is Staking.
- How to Earn on Staking?
- Start Staking Here!
3. Sub-Affiliate Marketing:
- How Does It Work?
- How to Earn on Sub-Affiliate Programs?
Top 3 Ways to Earn Today
Everybody has once thought of making quick and easy money, and there’s nothing questionable in this as long as you find really good deals! Quick money doesn’t always imply going for high-risk ways! No way! Quick and pretty easy money can be made on something that is MOST TRENDY right now but hasn’t become mainstream yet. The catch is to opt for something that is:
- top-listed in the media.
- has emerged recently.
- has been tested by many.
- has shown good results.
What are the ways of earning fast and effortlessly? You might think of futures trading, or some high volatile stocks, or other assets (which actually shoot out often). There’s something more than leaving yourself to take risks. Read about 3 options that have already hit the point straight to big bucks! Many people have already been making money on them!
Let’s begin our list off with one of the most popular ways to make money on the Internet. Besides, it’s pleasant and engaging! Can you guess what? Online games!
1. Play and Earn!
It’s not a joke, you can really play a game and earn money! The cryptocurrency market is booming with GameFi! It has the full potential to dislodge the traditional video gaming market. It’s not just rapidly growing, it’s ripping off the global video game market! Why? The answer is: you play and earn real bucks! Let’s pack and rack it!
What is GameFi?
The place where you can earn by playing games is called GameFi. GameFi term stems from “game” and “finance”. It’s the intersection of decentralized finance (DeFi) and the gaming industry. Why did it soar up in popularity that much?
GameFi has developed strong financial mechanisms. Everybody knows blockbuster Elite, or life-simulation game The Sims, right? These are the predecessors of GameFi. Back then, the in-game currency didn’t have any value; Warcraft was the next step, where you could exchange some game items. Play-to-earn games took this to a totally new level, they developed strong financial mechanisms, and they are now top-listed on the game market!
Important that GameFi is not gambling, even if you once got lucky to win. On a permanent basis, you generate money by using your skills and strategy.
How do GameFi games work?
GameFi comes in many different forms today. As such, the mechanisms by which players can generate revenue through their gameplay vary. However, there are a few important themes worth mentioning. Many of the most popular blockchain games today use a combination of various features to monetize the action.
Speaking of financial mechanisms applied in GameFi, some blockchains reward players for completing in-game tasks, others can give revenue for the assets a player own. The most popular blockchain games use the following schemes to monetize the player’s action.
The play-to-earn model means that you get rewarded for completing certain game objectives. A vibrant example is the Axie Infinity game which is based on the Ethereum blockchain technology and gained cosmical popularity. Here, you can get rewards for:
- Winning tournaments.
- Taking care of your land.
- Trading on the Axie Infinity.
- Breeding Axies.
Asset Ownership Model
If you own scarce or unique digital assets through the blockchain, you can make money on them as well! Here is where NFT has hugely expanded. NFTs (non-fungible tokens) are digital collectibles that exist on online ledgers such as blockchains and can be both digital and physical assets – including in-game items.
You can literally monetize whatever you want in terms of NFT. It can be a land or virtual shop in the game. Say that, in the CryptoKitties blockchain game, you can create a unique creature by breeding two NFTs’ creatures. Then, you can earn on this new asset further by selling or leasing it to other gamers! These are really new economic opportunities of the virtual world that everyone can use and generate revenue! And this is only the beginning of the emerging economy. Another example of an NFT game is CryptoMines where you can collect Workers and Spaceships to travel around the universe looking for $ETERNAL.
Some reward concepts overlap with decentralized finances, for instance, yield farming, liquidity mining, and staking. The most common and popular examples of leveraging DeFi features in the game rewarding system are Axie Infinity, Aavegotchi, and Nine Chronicles.
Axie Infinity: New Reality
The main point of any video game is to have fun. You hit the button, start playing, and finish when the game is over. Even if it takes you many attempts to win and you feel tense sometimes, you still like it, because this is a game and you get pleasure anyway! Now, this concept has grown into something more than just a time-filler or entertainment. It has become the way to invest and make a profit! For many, even quitting their job and going into playing games to earn a living started making sense.
The real crypto gaming frenzy is going around the Axie Infinity game! If you check out the mass media, it’s will be in hot and trendy sections all around! It combines the three gaming models we discussed above. What is Axie and why is all this buzz going on in there?
Axie is a Pokemon-style game created by the Vietnamese developer Sky Mavis. Axie has got about 350,000 daily active users many of whom are earning about SLP 1,500 per day on this game. SLP is the small potions that you deploy during the game.
What’s in There?
In Axie, people play and earn, and that’s for real! You can earn tokens by winning a battle against other players or by selling them on Axie’s marketplace. You can exchange these tokens for fiat money then!
To progress through the game, you use creatures called Axies. Each Axie is an NFT that can be traded over on NFT marketplaces. For completing tasks, gamers earn SLP (Small Love Potions), which can also be bought and sold on DeFi exchanges.
Axie Infinity deploys 3 tokens:
- AXS (Axie Infinity) is the investment token for Axie Infinity. If you want to have a vote in the governance of the game, you can buy AXS. It has recently soared up sixfold, and now is the largest gaming crypto on the market.
- NFTs are widely used on Axie Infinity. Axis are the in-game creatures Axies, land, and other in-game items can be bought and sold on Axie Infinity as NFTs. Monthly trading volumes for all Axie Infinity NFTs currently stand at $170 million.
- SLPs (Small love potions) are tokens used in the game to breed Axies and level up your creatures. They are Ethereum-based and can also be bought or sold.
To start playing Axie Infinity, you need at least 3 Axies. The cheapest Axies cost around $200, so be ready to spend approximately $500 to begin, but when you finish – you may make a profit on the price difference since the Axie token is pretty volatile.
Trading tokens with Axie Infinity and similar games is much safer than with the old-timers like World of Warcraft. Buying and selling are fulfilled through the Ethereum blockchain and Ethereum is the second biggest crypto after Bitcoin. If in the World of Warcraft you could trade in-game items only on an unaffiliated auction website which was banned for a long time, Axie Infinity has a dedicated marketplace to operate with tokens.
With such games as Axie Infinity, you get a great opportunity to level up your income! That’s a new reality that has already become solid and is here to stay with us. If you’re new to Axie Infinity and looking for additional income, we recommend you try this new opportunity. A lot of players have quit their job because they became capable of earning a living on this game.
Don’t be close-minded, try Axie Infinity! That’s a new safe way to earn where you don’t only get pleasure from playing a game but make a profit You will not lose here anything but rather gain!
2. Make Your Crypto Work For You!
Staking is a relatively new way of generating passive income in the crypto space. The main benefit is that you can earn much more than with a savings account in a bank: the returns are sometimes quite generous – more than 20% annually. Besides, it’s totally decentralized, so no one controls your finances!
Alright! What is staking? And how to make money on it? Fasten your seat belt, we’re taking off to big money!
What is Staking?
Staking crypto means locking up your crypto assets for a certain period of time and getting returns on them. Basically, you participate in maintaining the network operation, and this way get rewarded:
- The rewards are paid out daily, weekly, or at the end of the locking-up period: it depends on the network.
- You can stake cryptocurrencies that run on PoS blockchains such as Cardano, Polkadot, Solana, and many more!
- Your staking can be flexible or fixed. It means that in the first case, you can redeem your assets anytime though losing the rewards. In the second, you can’t do that, because you should wait till the lock-up period is finished.
- The amount of reward is proportional to the amount of stake.
What are PoS coins?
Cryptocurrencies are created on blockchain technology, where transactions are verified by different algorithms: Proof-of-Stake (PoS) and Proof-of-Work (PoW). Bitcoin is the most famous representation of the PoW blockchain, and it can’t be staked. Cardano, Polkadot are examples of PoS coins, and they can be staked. Read about Proof-of-Stake blockchains here.
How to Earn on Staking?
You can compare staking crypto with bank savings accounts but it’s much more profitable and beneficial in many ways! The interest rate is higher, you own your assets, and no third party participates. Everything on DeFi is controlled by smart contracts, not by people! It is maximum unbiased.
What to do?
- Open a crypto wallet to store your assets.
- Choose a crypto exchange where you will stake your coins.
- Open an account.
- Buy coins.
- Start staking and getting rewards!
Analyze the market and choose the coins that will not dip in value during the lock-up period, or rather increase! You will make a big profit then!
The real gains you can get from staking depend on many factors.
How many coins do you stake?
How long is your lock-up period?
Is it flexible or fixed?
The more coins you stake, the higher profit is, the longer you stake – the higher your profit is. If you stake on the fixed terms, you will have a higher APY (annual percentage yield). If you want to hedge your funds, invest in crypto that is low-volatile.
Start Staking Here!
If it all seems Greek to you and analyzing is not your cup of tea, you can just delegate your coins on some platforms that will do all the job for you! They will take a small percentage for helping you to stake so you can just sit back, relax, and get rewards on your balance. If you’re new to crypto, these platforms are just right up your street! Keep on reading!
Binance is the largest crypto exchange in the world and has over 21.5 million users. It’s safe, reliable, and market-proven. Binance will help you to stake on DeFi with a single click. You don’t need to dedicate your time to the technical side of staking. Everything will be done by Binance. You can get returns on Binance by just holding your coins on the exchange. Moreover, Binance doesn’t charge you any fees for staking.
That’s a great choice to make a profit on staking! Don’t wait, open an account and start earning on Binance!
OKex is the world-leading crypto exchange with low fees. It offers you staking on OKEx Pool. Open an account, opt for staking, choose a staking period and top up your balance with staking coins. You’ll receive regular yields denominated in the staked assets. Here, you will be able to take part in the OKEx supernode consensus mechanism, vote on changes, and validate transactions on-chain.
Start staking on OKEx and enjoy the staking process with generous rewards!
Huobi is a crypto exchange that operates in more than 130 countries all around the globe! It has a lot of beneficial offers on staking with a time limit and high APYs. You really need to watch what’s going on there not to miss out on a great opportunity to make money! Staking on Huobi is simple and user-friendly, the customer support works really fast, so you won’t have any troubles!
Don’t miss out and stake your coins on Huobi with the highest APY!
3. Sub-Affiliate Marketing
You may ask a question: “How on Earth can I make money on sub-affiliate programs?” and the answer will be right in this paragraph. We’re discussing the most effective and trendy ways to make money online, so this is one of them. You can get a significant increase in revenue by becoming a partner of a brand!
How Does It Work?
Sub-affiliate programs help brands promote their products more efficiently. To participate in a sub-affiliate program, you become a partner and your goal is to attract as many sub-affiliates as you can. You stand in a higher position than your sub-affiliates and create a network of sub-affiliates who promote the brand, bring more referrals, and get you a profit. In turn, you earn quite a good commission. Actually, you can do nothing and generate money by just having people work in your network. Sounds great, doesn’t it?
What’s the difference between affiliate and sub-affiliate programs? Sub-Affiliate programs have a two-tier structure which allows you to earn more on commissions compared to regular affiliate programs. Why?
Here’s an example to see how a combination of one- and two-tier affiliate commissions add up quickly:
- An affiliate program pays 35% on tier 1 sales and 5% on second-tier sales.
- You refer $1,000 per month in first-tier sales and earn $350 on that.
- Your 20 sub-affiliates bring in a total of $6,000 per month in sales. You earn $300.
How to Earn on Sub-Affiliate Programs?
Basically, you will make passive income while your sub-affiliates are attracting new clients and promoting a brand:
- All the revenue for your sub-affiliates is accrued to your balance.
- You get paid commissions from those coming to the program. Everything is simple and transparent.
- Attract more people that will promote the brand; they can be bloggers, your friends, or your acquaintances.
- You don’t need to verify the traffic sources while attracting sub-affiliates.
- The only thing is that you’re not allowed to register as an affiliate because you actually recruit them!
To earn more by participating in sub-affiliate programs, try the following. Grow your network of sub-affiliates; attract more people that will promote the brand in your network. You will earn more as your sub-affiliates earn more. So, help them with the tools and resources to successfully bring referrals to the brand.
That’s an excellent example of generating passive income when others work for you! Take this perfect chance to enhance your earnings. Don’t hesitate; even if you’re not in marketing, it will fit your skills! Everything can be gained.
To sum up, we’ve discussed with you the most effective and trendy ways to make money online today! Playing games, crypto staking, and sub-affiliate marketing are just those things that everyone striving for financial freedom should try!
You see that making money online effortlessly and quickly is real and is not only about extra side hustle earnings! It can help you to get away from your 9 to 5 job, and become a full-time entrepreneur. By trying one of the options mentioned in this article, you will improve your financial situation and get closer to living life on your terms. It’s really possible to earn a living on the Internet if you’re open-minded to new opportunities. So, which way to quick-and-easy money will you try first?
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