There are a lot of ways to make money with blockchain. But what is blockchain, and how does it work? Blockchain is based on the idea that instead of trusting one central authority for transactions, you can rely on many different computer systems to confirm these transactions. It’s an emerging technology that has been called “the internet of value.” Here are 10 ways to make money using blockchain technologies:
1) Invest in bitcoin or other cryptocurrencies
2) Mine bitcoins
3) Use smart contracts
4) Create tokens within your business (like loyalty points)
5) Offer consulting services around blockchain technologies
6) Develop decentralized applications (DApps), which run as open-source software on computers around the world
“Invest in bitcoin or other cryptocurrencies.” Bitcoin, the best-known cryptocurrency, is a digital currency that can be exchanged for goods and services. You could invest by buying them from an online exchange like Coinbase and taking part of their trading platform to try your skill at earning money on fluctuations in value. The current price per bitcoin is about $40,000 in the market.
7) Invest in bitcoin or other cryptocurrencies
In addition to mining bitcoins, you could also invest by buying them from an online exchange like Coinbase and taking part of their trading platform to try your skill at earning money on fluctuations in value. The current price per bitcoin is about $40,000 in December 2017.
Some traders also believe are making the bet that Bitcoin is just getting started and will continue to rise in value.
8) Get a job at a crypto startup
If you’ve been looking for a job recently, blockchain is an industry that’s hiring.
The cryptocurrency market has created new jobs in the technology sector to work on these types of projects and development. If you have programming skills or want to learn more about this emerging field, now might be your chance!
9) Start writing a blog in the crypto niche for a blockchain project
If you know an ICO that needs assistance with marketing or content strategy, this might be the perfect opportunity to get your foot in the door.
There are plenty of opportunities out there that will pay handsomely if you can provide them with original blog posts about their product or service. Some companies may even offer equity.
10) Invest in blockchain related companies
Investing in blockchain related companies is a great way to increase your wealth. With the global market cap of cryptocurrencies predicted to reach $40 trillion by 2020, there are plenty of options for people looking to make money with blockchain and get rich quick!