We are about to enter a new era of the internet. This shift in how we use the world wide web will create both growing pains, and some insane opportunities. Although the internet may be going through an evolution, it does not appear that the gig economy will stop its explosive growth rate. The rise of web 3 will create some of the most lucrative side hustle opportunities of our lifetime. Here are just a few of the ways that you can take advantage.

NFT curation:

Notice how I did not say creation. NFTs (Non-fungible-tokens) have exploded in the past year. By allowing artists to make unique digital files has given the owner of that file a sense of well… ownership, that has never before been allowed on the internet. Recently however the number of NFTs that is being created has drastically outstripped demand. Although there is still room for the ultra-talented and highly followed artist to make a killing creating and selling NFTs, most of us mortals have missed the first wave.

However, with the rise of NFTs comes a problem in the market that is just begging to be solved, NFT curation. There are a number of sites that are doing this quite well, individuals have the power of trust and personality. I envision in the short future an explosion of social accounts that are dedicated to finding and curating quality NFTs from legit and well-respected artists. These accounts will be what the showroom is to physical art, and there is a myriad of ways to monetize a successful platform.

The most obvious and appealing path to monetization is allowing artists to use your platform to sell art in exchange for a percent of sales. This puts both the platform (your social account for NFT curation) and the artist, on the same side of the table and allows you to work together to build a following that is interested and dedicated to the account.

As you can probably sense I am pumped about this idea. We are just in the early phases of seeing these accounts crop up and the public is currently interested enough in the NFT world to be actively looking for accounts to follow. This excitement won’t last long as the digital world tends to fill demand at light speed.

Creator Coins:

Imagine a social platform that is not owned by a tech company at all. Image it is controlled by the users, even hosted collectively on the user’s machines, making it impossible to shut down. Imagine that this platform allowed its users to create their own cryptocurrency and then followers could buy ‘stock’ in their favorite creators, just like investors do in their favorite companies.

Okay, a lot of you know probably know where I am going with this… Stop imagining and check out Bitclout, it is exactly what I just described.

This platform allows you to create and then purchase some of your own cryptocurrency. If you are able to create a following, your followers can buy that currency and the price will rise, making the coins you originally purchased worth more. It behaves a lot like Twitter from a surface-level perspective but the opportunity for growth is so much more interesting.

Cashless Startups:

With the rise in the acceptance of cryptocurrency, startups are beginning to put their own creative spin on how web 3 transactions will look.

Basically here is how it will work:

You will start by going through the normal entrepreneurial process to develop an idea and addressable market. Instead of raising a seed round however you will create your own cryptocurrency and require customers to sue your coin to purchase your product or service. This will create a decentralized microeconomy around your business.

After creating the coin but before launching your business you, as the founding team will buy a bunch of your own coins upfront. Purchasing your own coin, to begin with, will be cheap, depending on how you develop your crypto.

Next, you launch. You advertise your business and people who believe you will do well buy your currency in hopes of it rising as more people buy it in order to buy your product or service. This acts as a form of unregulated seed round crowdfunding. As more people use your product or service, more coins will go into circulation. This will create a rise in the value of the coins that you purchased originally before launch.

The actual cost of your product or service does not have to even increase, it can become variable based on the value of your cryptocurrency.

After gaining some traction you can slowly sell your coins as the price rises to use for operations. This has to be done carefully, as you do not want the price of your currency to drop drastically, undermining your early investors. The key here is balance. You also want to hold enough of your coins that if your idea really takes off, just selling a handful could make you filthy rich.

Web 3 Consulting:

Web 3 is coming and no one has any idea what is going on. It is a confusing, ever-changing landscape filled with pitfalls. Anyone looking to dive in will inevitably need a guide.

Consulting for web 3 is about to explode. The opportunities are too appealing for companies to let them float but they are also too foreign for them to try and go it alone. The best way to take advantage of this upcoming wave is to educate yourself about the ins and outs of web 3. You may be pleasantly surprised by how simple the world actually is.

I have found that the reason people generally don’t take the time to learn, is not because it is too difficult, but simply because it is to intimidate. That is totally understandable but I am here to say that it is all easier to learn than you might think. There are dozens of helpful people and resources out there to create a consulting army in the next year or so, and let me tell you every single one will be sorely needed.

As Web 3 continues to evolve, there will be an increasing demand for consulting services. Web 3 is confusing and intimidating for many people, so those who are able to navigate it successfully will be in high demand. If you’re interested in getting into web 3 consulting, now is the time to do your research and learn as much as you can. The opportunities are endless, but remember that this industry is still in its infancy and things may change rapidly. Stay ahead of the curve and you’ll be successful!

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Web 3 has already begun to dominate the digital space but it’s not too late to get in on the ground floor. Web 3 consulting, web3 side-hustles, or starting your own Web3 startup are all great ways to take advantage of this new frontier. These are just a few of the many opportunities that will be available in Web 3. Stay ahead of the curve, learn as much as you can, and get in on the action while you still can!