The Internet of Things has been popular for a while, artificial intelligence has been popular for a while, and autonomous driving has been popular for a while. Nowadays, everything is overshadowed by the limelight of blockchain. It is said that it is the trend of blockchain. Blockchain is very popular. So, how does blockchain make money?
There are many ways and means to make money in the blockchain. We will list the thresholds from low to high.
1. Coin speculation. Speculating in currencies is like speculating in stocks. Coin speculation is the lowest threshold way to make money in the blockchain. The one that everyone is most familiar with is Bitcoin. Bitcoin has increased 40,000 times since its birth. In addition to Bitcoin, there are many digital currencies, such as Ethereum and so on. Coin speculation is divided into primary market (ICO) and secondary market (exchange). The primary market is like an angel round investment for a certain project, which is usually played by experts; the secondary market is to buy coins on the exchange, just like buying stocks, buy low and go high.
2. Vendors. Blockchain is a global market. The price of each currency on each platform and each time period is different. Many people can, like small traders, move from low-price platforms to high-price platforms to sell and make a profit on the price difference. The threshold for this way of making money in the blockchain is low. However, now there are team vendors who use software to operate quickly and accurately.
3. Earn commission by promoting. This method is like a Taobao customer who promotes Taobao product links and gets a commission when the transaction is completed. The blockchain approach is to first register an exchange account, generate your own invitation link, and then promote it. If someone registers the exchange through your link and generates transactions, you will get a commission. The threshold for this way of making money in the blockchain is also relatively low.
4. Mining. “Mining” in Bitcoin is the accounting process. This process requires grabbing, and if you grab the opportunity to bookkeeping rights, you will be rewarded, and the reward is Bitcoin. This behavior is "mining". Mining requires equipment, professional mining machines. The threshold for this way of making money in the blockchain is slightly higher.
5. Technical support. Provide blockchain technology support to some teams and enterprises. This way of making money in the blockchain has a high threshold and requires a technical foundation.
6. Open an exchange (trading website). Open a trading website, let everyone trade, and charge handling fees. The threshold is high.
7. Develop wallet. The wallet is the infrastructure of the blockchain, just like the "Alipay" or "WeChat Pay" of the blockchain. Mainly business traffic. The threshold is high.
8. Work on blockchain projects. A. Issue coins. For example, Ethereum. The Ethereum Foundation raised $18 million in start-up capital and then kept 10 million Ethereum for itself. The way they play is this, first spend the raised funds, mainly to developers. As developers develop the core technology, Ethereum appreciates in value. Then consume ether coins, spend 9 million ether coins, and the ether coins will circulate. The remaining 1 million Ethereum coins are valued at US$100 million; B. Research blockchain applications. The threshold for this way of making money in the blockchain is very high.
9. Basic equipment suppliers. When blockchain becomes popular, whether it is mining or anything else, equipment is needed. For example, the production of mining machines and chips. For example, Bitmain, which produces hardware and software, earns billions of dollars a year. The threshold for this way of making money in the blockchain is too high.
