Effective Way To Earn In Cryptocurrency #004

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Hello great minds,

I believe you are all doing perfectly fine today and are enjoying your activities in the community.

I believe you are all participating in the twitter promotion work of steemit as this will help to bring in more investors on steemit.

Today, we shall be discussing on different ways to earn cryptocurrency, it is a discussion we did few days back but we were unable to complete it.

Today, we shall be examining other ways to earn cryptocurrency.

• DEVELOPING DECENTRALIZED APPLICATION (DAPPS):

By being a developer of a decentralized application you can earn cryptocurrency in different sectors.

As a dapp dev you can create a token of your own and organize an ico to fund your project.

By organizing an ico, you tend to seek for financial help from the public and this can also be a means to earn cryptocurrency.

Once you have fully developed your dapp, you can proceed to sell off your tokens to big/small investors and this is another very important method to earn cryptocurrency to yourself.

By engaging in token sales and crowdfunding, not only are you generating revenue, you are also sharing your token to a wider user base, making it circulate in the cryptospace.

As a Dapp developer you can also earn passively from transaction fees.

Some Dapp operate on blockchain that require transaction fee from it's users for every transaction being carried out and as a developer, you can take a portion of the transaction fees tasked by the blockchain and make use of it as a revenue.

• PROVIDING BLOCKCHAIN CONSULTING SERVICES:

Another Important way to earn cryptocurrency is by providing blockchain consulting services to investors, companies or private individuals.

You can earn from consultancy payments, and these are payments usually done by the clients and this is sometimes done in cryptocurrency, e.g bitcoin, ethereum etc.

Also, consultants also earn from blockchain projects, the team of this project sometimes give consultants some of the native token of their project as an appreciation for the consultancy services rendered to the project.

And in the long run the consultant can benefit from the token if the project becomes a success.

Also, blockchain consultants can participate in ICOs by advising project team on their white paper, marketing strategies, or token economics.

And as a reward of their services, they will be given the token as bonus or at a discounted price.

Consultants also earn cryptocurrency when they are invited to speak at seminars, conference etc.

Speaking at these events comes with speaking fees and these fees may be in form of cryptocurrency.

• CRYPTOCURRENCY EDUCATION:

One can also earn from cryptocurrency by becoming a cryptocurrency tutor.

To be a tutor, you can host classes for newbies in the cryptospace and actually place a tuition fee .

One can also create books and articles partaining to the blockchain and cryptocurrency and sell it off to newbies in need of them.

You can also earn from educating users about cryptocurrency by joining a social media platform where users subscribe to your channel just to learn from you.

The more subscribers you have, the more reward you get from the platform.