I see a lot of guys who are shouting that Ethereum is a scam. They justify this by saying that there are cool L2 solutions with lower fees, etc.
They are not interested in the fact that all these cool second-layer solutions are built on the basis of Ethereum.
Ethereum remains and will always remain the second digital asset after Bitcoin.
Ethereum is the foundation that developers will use in the future because it is the most convenient. Rather, they will use solutions built on it. But still - they are using Ethereum.
The "smart contract" technology was first released to the masses by Vitalik Buterin's team. For me, this is the same as the internet in the 90s, at the stage of its mass adoption. Among competitors, only Solana and Avalanche stand out. Yes, they are not bad solutions, but the ecosystem that has already grown around Ethereum cannot be compared to them.
In such a time when everyone is disappointed - this is the time to enter.
Governments are destroying crypto - here's a summary from last night alone:
▪️The FBI ordered the creation of its own token "The NexFundAI Token" to catch 4 market makers (Gotbit, ZM Quant, CLS Global and MyTrade) and 14 individuals - the US Department of Justice has charged them with crypto fraud, market manipulation and wash trading. Among others, Alexey Andryunin (CEO of Gotbit) was arrested on October 8. He is currently awaiting extradition from Portugal to the US. ▪️The Chinese government has begun liquidating 542,000 ETH worth about $1.3 billion that were seized from the Plus Token pyramid in 2019. Also, about 7,000 ETH were transferred to exchanges. ▪️South Korean regulators are investigating the structure of the largest local exchange Upbit for monopoly. The exchange is TOP-2 in spot trading in the world.
One CZ did a quick stint and is sitting on the fence, watching
Perhaps you are new to crypto and do not have an initial bank, or maybe you have been in this environment for a long time, but you just lack luck?
It does not matter, because in this material you will learn how you can earn money in Web3 without having an impressive capital. We will share different ways that will help you increase your bank with minimal investment or without it at all.
🔖 Earning options for a beginner:
➖P2E
Web3 games are perhaps one of the best options for farming money for your bank. It does not require any serious skills or abilities, you just play a P2E game, earning some rewards for this (usually these are project tokens or NFTs).
Here are P2E projects that have already made a profit and remain relevant to this day:
> Sandbox > Illuvium > Parallel
➖Tapalki/games/clickers in Telegram
You might think that the hype for this has already passed, but it is not so. Many large developers and companies create their own mini-app applications, because TG has a huge audience. You can take a closer look at BLUM, Moonbix, OKX Racer, Crypto Kitties.
Perhaps you are new to crypto and you don't have an initial bank, or maybe you've been in this environment for a long time, but you just don't have enough luck?
🔖 Earning options for a beginner:
Advice: choose 1-2 ways and direct your efforts there. This is much better than grabbing everything in a row, being completely out of focus!
➖Work in Web3
In fact, this is a regular job for a salary, but this way you can guarantee to earn yourself hundreds of dollars to the bank. You can choose whatever you like: editor, worker, CMM, programmer, etc. The average earnings can vary from 100-200$ and reach $1000+. It all depends on your skill level.
You can find a job in specially created TG channels with vacancies.
➖Aidrop farm
This includes all activities that can potentially bring profit. Low banks should take a closer look at testnets, DePIN, SocialFI. They usually do not require any costs except your time.
From interesting and relevant at the moment:
> Hem testnet Movement > DePIN project Gradient Network > The most popular SocialFI - Farcaster
🧐 Arthur Hayes has published a new essay "PvP" in which he reveals the secrets of listing on CEX:
▫️Most exchanges charge between $250,000 and $500,000 in stablecoins, and some require up to 16% of the total token supply.
▫️Binance has developed a genius strategy: the exchange charges up to 8% of the total token supply and requires projects to buy $5 million in BNB and place it as a deposit.
▫️Marketing: Binance requires projects to distribute 8% of the token supply through airdrops and other events. Other exchanges ask to spend up to 3% of the supply (the minimum equivalent of $250,000).
▫️Listing on major exchanges in 2024 does not guarantee an increase in the token price. Cryptocurrencies launched this year have performed poorly for retail investors.
▫️Hayes believes that projects are launched with too high a valuation - to become attractive, they need to reduce their valuation at launch by 40-50%.
Follow the news in a convenient format in Telegram: @flowbite1
Today, a certain user sent a transaction on the Ethereum network, gwei was 13,731,270, which is equal to 288 ETH. How this happened is unknown. Always be careful and set max_gwei
The widow of the cryptogenius and cypherpunk has refuted these judgments, so now we will definitely have to wait for the film, which, by the way, will be released today😊
We are waiting with impatience and preparing popcorn, and the market, meanwhile, may react with an impulse, but where?🤔
• Mass adoption. Donald Trump is actively promoting the use of cryptocurrencies in various areas
• Improved regulation. The US government is actively stifling cryptocurrencies, with the arrival of Donald this will stop and the entire area will receive free ground for development
• Change in the tense political situation. It is quite possible that Trump will resolve all conflicts. This will have a great effect on the price of BTC and cryptocurrencies in general.
An excellent picture is emerging in the future, I remind you that the elections are already in November. Perhaps we will see the most active growth against the background of good news in the last 5 years. $BTC $ETH