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How the web 3 may change the medium of consumer participation in the future with the rate of adoption rises. In addition to trading, new cryptocurrency projects have emerged in which users can earn money.

All Cryptocurrencies

by COINS NEWS 144 Views

As the web becomes more decentralised, which is effectively what Web3 is, the way we experience and design for it will change.

Because of this new decentralised network, there are no longer any central servers or companies controlling the content on the internet. In the context of Ethereum, Web3 refers to decentralised apps that run on the blockchain.

These are apps that allow anyone to participate without selling their personal data.

Trading is the oldest form, but it requires skills that not everyone possesses, and it carries a high risk of loss. Staking, lending, and farming are some of the other options. Start earning by sending your cryptocurrency to the Binance exchange. You can find locked staking (also known as flexible savings) there and lock your cryptocurrency for a set number of days, usually 30, 60, or 90 days. You get money in your spot wallet every day.

Things may differ from one project to the next. There are cryptocurrency projects designed specifically for consumers, in which they can earn a certain amount of cryptocurrency by participating in the network.

We've seen how some blockchain projects compensate you instead of taking the entire amount from advertisers. I'm referring to the Brave browser and a popular token known as Bat.

Theta, in my opinion, is similar to bat in that it contributes to their own video sharing network. These are different methods, but by using them, we (the consumer) have become a part of them over time.

And, with Web 3 on the horizon and the metaverse on the horizon, the opportunities are limitless, and I believe many millions will be made. It's just a matter of being an early adopter and waiting for it to take off.

A project called pkt cash may be relevant to the media industry. The people who participate in the PKT Network run it entirely. No central companies, investors, or pre-mines exist. PKT technology lowers the barriers to entry into the internet service world.

Everyone benefits financially from providing internet to their community as an Edge Point or managing technical online services as a Cloud ISP with PKT.

submitted by /u/Pretend_Tomatillo901
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