HOW TO EARN ON SOLANA.
Oftentimes, people complain about the high entry barrier associated with web 3 and their inability to maximize the endless opportunities the space presents. For the most part, I think people who say these things haven’t tapped into the value prop of SOLANA.
Solana is a high-performance blockchain network known for its fast transaction speeds and low fees. Solana’s scaling solution helps create a user-friendly environment for builders and users alike, creating an endless stream of value flow.
In this piece, I’ll expose you to several ways to earn and maximize opportunities on Solana.
Let’s dive in…
- Become a developer on Solana by learning Rust: Learn Rust which is the Solana primary coding language and become a developer on Solana blockchain. Yes, it’s not for everyone but if you’re tech-inclined and looking to earn on Solana, this is for you. All you have to do is commit say ~ 3–6 months and learn how to code rust. The cheap fees on Solana make it easier for developers to thrive, unlike other blockchains like Ethereum.
- Defi: Solana makes Defi participation super interesting and seamless for users through low fees and fast transactions. Trust me, there’s no better feeling than having your transactions processed almost immediately at an insane speed and low cost while using dapps on a blockchain platform. If you’re a Defi enthusiast then I think pivoting to Solana is a no-brainer and also a way to help you earn seamlessly while doing what you know how to do best.
- Participating in airdrop farming: You can earn on Solana by participating in either incentivized testnets or by farming retroactive airdrops.
- Shitcoining and memecoins trading: This comes with a lot of risks I must warn you. But then if you’re good with Onchain analysis and very good at speculative trading, you can earn massively trading memecoins on Solana.
- NFTs: if you’re an artist or an art lover, the Solana NFTs ecosystem has one of the lowest entry barriers enabling a user-friendly environment for both art creators and art collectors to easily interact. NFT trading/creation is another great way to earn on Solana and trust me when I say the NFT community on Solana is one of the strongest and loudest. If you’re looking to get started and maybe finding it hard to navigate, I suggest you check out my thread on Navigating Solana NFTs here.
- Lastly, you can earn on Solana through Web 3 Jobs: Besides being a developer, there are a few other roles that can fetch you good rewards on Solana — Jobs like;
- Content writing and ghostwriting.
- Community management and moderator roles.
- Key opinion leader (KOL) and influencer marketing roles.
- Product design.
- Cybersecurity.
- Onchain analyst and technical analyst
- Ambassadorship role and many other roles I won’t be able to mention here.
You must note that possessing the requisite skills to get these jobs is very important.
Conclusively, you have no excuse as to why you can’t find a niche to earn on Solana as there are vast opportunities for you to start earning even without having capital on Solana.
I urge you to TAKE ACTION TODAY!