The Exception to the Rule
WEB3 technology has been around for years and is beginning to experience significant growth. In July of 2020 (birth of DeFi) Metamask had 545K users. Within a year the userbase had grown to more than 10 million users. This trend has continued to play out, which is even more impressive since the Crypto market has been in a bear market for almost two years of these four years.
WEB3 adoption and the introduction of new up-and-coming WEB3 projects are on the rise. However, how many WEB3 users can harness the power of a single WEB3 opportunity and begin generating a full-time income? Many individuals can generate a full-time income via the harnessing of multiple opportunities. However, many of these opportunities are empowered via collateralized models.
This is however not what I am alluding to. I am more interested in the idea of utilizing a single opportunity within the WEB3 world. Not only that but without capital contribution. In other words, to dedicate several hours a day to a particular WEB3-based protocol and secure an adequate income from it. Currently, this is the exception to the rule. WEB3 enthusiasts are generating meaningful amounts from a single opportunity. However, they are few and far between.
Hive comes to mind, as there are numerous dedicated individuals within the ecosystem. However, it’s a minority. As difficult a task as it may seem, these individuals point toward an achievable goal. INLEO holds the potential to eventually reach such an outcome. However, it is still premature, and much growth is required to make this a reality. An active community with hundreds of thousands of users can easily create this dynamic.
Maturation, Adoption & Dedication
Just as there are multitudes of accounts on X generating significant earnings, INLEO could, in time, produce adequate incomes. It’s important to remember that publishers on x are earning double-digit salaries. In other words, the equivalent of multiple incomes per month. Given the right criteria, INLEO has the potential to eventually generate thousands of dollars for dedicated and committed users.
There are already publishers on Hive earning thousands of dollars per month even at these rock-bottom prices. Let me remind you that HIVE is currently trading at $0.19 and reached a bull market peak of $3.41 in 2021. If you play the game correctly, your contributions can become meaningful during harvest time. However, there is a catch…
Extreme dedication!
If you study some of these top-tier Hive earners accounts you will find a level of consistency that most would not only consider uncomfortable, but out of reach. However, they are sold on their decision and make daily decisions to bring about a reality they are convinced of, and are already experiencing to some degree. So, despite it being a rarity, there are already individuals earning a full-time income from a single opportunity.
Further adoption and a bull market dynamic can elevate even more Hive users into the above-mentioned earning bracket. Furthermore, compounded earnings can bring additional elevation due to curation rewards. As time passes, the level of dedication required to reach this end will somewhat soften. However, a committed approach will always be an imperative aspect of the process.
Final Thoughts
Currently, there are very few opportunities that can achieve this desired outcome. However, I expect it to become a more attainable goal within the WEB3 world. In my opinion, one should focus on the strongest opportunities. I have been publishing on Hive for several years. Unfortunately, I am not where I would have wanted to be. The past few years have been a flood of personal battles, from personal tragedies to health issues.
The most recent was the passing of my father, which had an enormous impact on me. However, I continue to publish as often as I can with an ongoing hope that I can increase the frequency and depth of my publications. In short, the goal gets easier, but dedication remains the cornerstone of any endeavor. All the best, see you soon!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
Posted Using InLeo Alpha