Passive earning opportunities are one of the “endearments” of the decentralized blockchain. Holders of digital assets are swayed by the ever-expanding investment options that the technology keeps innovating. One of these is Crypto skating. It is one of the most lucrative passive income opportunities in blockchain. Either you are a newbie, an amateur, a full-blown investor or you’re just looking to scrap knowledge. This article will guide you on what staking is, as well as detail the top 10 best crypto staking platforms of 2023. Hello Blockchain! Blockchain as you already know is a permissionless digital ledger that records transactions. Its native currency is Bitcoin. To make this possible, transaction information is distributed in blocks and is hashed by bitcoin miners who have nodes already connected to the blockchain server. This process is computational mathematics known as Proof of Work (PoW). Miners in return receive a part of the bitcoin as a reward. The flaws, faults, and limitations of the hardcore bitcoin blockchain verification process gave room for the development of the Ethereum blockchain. Hi Ethereum With the arrival of Ethereum and its inherent crypto ETH, a new transaction verification process was introduced, Proof of Stake. Rather than computational mathematics, coin holders can stake an amount out of their coins to verify transactions on the block. In Ethereum, they are called “network validators”. This process is made possible by the smart contract. Stakers are rewarded from a portion of the network transaction fee known as “staking rewards”. Since its introduction in 2015, Ethereum has grown and fully brought the world into the 4th tech revolution known as Web3. Today, not only are there numerous use cases, applications, and earning opportunities in crypto, crypto staking has become a full-blown lucrative crypto earning opportunity. With the development of DApps and smart contracts, staking websites, apps, wallets, and crypto platforms allow

Just as it is in traditional financial services, there are crypto platforms that loan out crypto and also let you lend your crypto to other crypto users with interest. Decentralization is one of the core dividends of blockchain. With Decentralized finance (DeFi), financial products and services on web3 are increasingly expanding, recording tremendous growth and innovations. One such financial innovation is crypto lending. What is Crypto lending? Similar to traditional banks' cash loans, crypto lending is a decentralized service that lets investors deposit and lend their digital assets to borrowers. Lenders then earn extremely high interest on the deposited cryptos as rewards. Depending on the platform a lender uses and other factors, these interest rates known as Annual Percentage Yield, APY may be up to 20% or more. How Crypto Lending works Crypto lending is made possible by crypto lending platforms. These platforms act as intermediaries between the lender and the borrower. They can be centralized or decentralized. They borrow out crypto assets in exchange for returns. Say you have up to $100 worth of Ethereum and you deposit it in a crypto lending service. The service gives out your crypto to any of its verified and trusted borrowers. The borrower in turn stake, trade, or do whatever they need to do with the crypto and return it to the service as stipulated in the terms of the loan agreement (The agreement which covers things like interest rates, date of return, use of funds, etc.). In return for this, you as the borrower/investor get weekly or monthly interest as stipulated in your terms of service. Loans are funded on crypto lending platforms by the loans you and other lenders deposit. Loans provided can be cash or crypto and are made possible via collateralized loans. On the other hand, most crypto lending services do not require collateral for borrowers to access loans. The service sets the interest rates. Interest rates on cryptos differ from platform to p

The internet is the world’s most used tool today. Its application cuts across all sectors of the world making it easy to do virtually everything humans need to do. This made the internet to be more popularly known to you than its counterparts, intranet, and extranet.  Although these three concepts mean virtually the same thing, their difference is embedded in their application, scope, and usage. Where the internet works for global applications, Intranet works within the confines of a specified organization while the extranet allows for participation from authorized external users. Practically, I understand that the picture can be very hard for you to paint. So, let’s take a breakdown of each of these concepts as they apply to the world today. The Internet The Oxford standard leaned dictionary defines the internet as a global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols. In simple terms, it is a collection of computers and servers that are connected globally.  The internet contains billions of web pages making it limitless to store and find information, locate entertainment, and do all that you do with your mobile and desktop devices today. All these activities are services offered by the internet. Amongst other services are; social networks, chat, email, banking services, e-commerce, online gaming, etc. What differentiates the internet from intranet and extranet is that it is globally based, it feeds the world with the same things at the same time.   The Intranet One great advantage of the intranet is its ultimate ability to help promote company culture. In a technical sense, it is a local or restricted communications network, especially a private network using world wide web software. See it like Slack, workers and board members of a private or public enterprise need to communicate, collaborate on tasks, share information, and h

Greater than the 2022 layoff pandemic, statistics have revealed that in the first three months of 2023, over 200,000 tech workers have been laid off. This is a whopping 72.6% of the total percentage of layoffs recorded in the previous work year 2022.  Although the reason for the layoff which became full-blown during the 2022 crypto bear market is not unknown, analysts, opinion leaders, professionals, and even amateurs in the industry have not stopped giving their one or two takes on it. Take a cue from the google india layoff. Google reported macroeconomic conditions, over-hiring during the covid period, the prioritization of AI developments (a deliberate intention to rival chat GPT), etc as some of the reasons forcing the company to lay off employees. With the emergence of chatGPT and the growth it has recorded in the first few months of its introduction, you are very right to panic about keeping your job. However, panicking will do nothing positive but keep you on edge for most days of your career. Accepting the new reality will keep you focused on the goal which is keeping your job safe. Try out these strategies to have you floating above the bad news; Before Layoffs are announced It is not total doom and gloom as the media and influencers portray it. Your company might be safe and won’t be laying anyone off. But, just in case it is going to be doom; Be in the know about what is happening in your company A lot of tech workers have this lackadaisical attitude of “it is not my business if it is not my direct job description or task”. A new government policy has the potential to change the course of operations in your company. Keep up with the news, and critically analyze how external and internal events/happenings can affect your role in the company. Knowing this will help you find ways to identify the clause that can help you proffer solutions to beat the policy and future-proof your job. Keep learning, Keep Upskilling You can’t always see and know it al

Applying for a web3 role is highly competitive. This is because the tech boom era has left the web3 industry over-saturated with newbie talents vying for openings that are not enough to go around. To stay above this curve and stand out among the crowd, talents are expected to not only arm themselves with the required skills for the advertised roles but to also have proof of work. This means that you need to provide evidence that you have not just been idle but that you have been actively navigating your way in the crypto industry. A great advantage of the tech boom is the ever-increasing number of emerging startups and prominent veteran companies. These startups and companies offer unique opportunities for newbies to kick-start their careers and scale. One Of such opportunities is an Ambassador program. What is an ambassador program? To a company, an ambassador program is a digital and offline marketing strategy that uses ambassadors to convey the company’s message, content, and values to promote the brand’s product or service. As a web3 company influencer, your job is to use your personality and other digital tools at your easiest disposal to create awareness about the brand, drive sales, create social buzz, and help foster the business community. Be warned! Get prepared to have lots of beautifully branded swags swimming in your apartment once you begin. Why you should consider an ambassador program A lot of crypto newbies see an ambassador program as another task they need to scale to land their first gigs. This is not so, actively participating in just one ambassador program can be your catalyst to your first million $ gig. Million Dollar Networking Networking is one of the bedrock of a successful 21st-century career. The role opens you to networking opportunities that also promote your personality and career. This increases your wealth of connections which opens you up to greater opportunities. Skill and Professional Development Ambassadors programs a

Crypto earnings remain one of the most lucrative forms of earning in 2023. The technology powering the currency is revolutionary. Thanks to it, we are witnessing the potential of other innovations. Name them; ethereum, NFTs, DeFi, shitcoins, mining, metaverse, etc. Making money from crypto is a process, the first step is determining what earning path you want to take in the industry. But, What is Crypto? Cryptocurrency is a virtual currency stored on the virtual blockchain network and it can serve as a store of value, unit of account and as a form of exchange. Unlike every other currency, bitcoin is not easily acquired by walking into a bank or by exchanging money with your local food vendor. While the popular methods to acquire any asset are through physical buying and selling, bitcoin has an edge over others as it is a virtual currency. You can not get it physically. They are stored in a digital wallet. This brings us to the technology powering the cryptocurrency. Blockchain (Web3) Think of it like your record keeping book. In this case, the record is stored on a digital ledger that requires some hardcore computation by nodes and codes before the information can be stored. These computations ensure there is no single entity in control of your information, it also means that you can’t trust the accuracy of the information stored on the blockchain. Where the blockchain is the technology, cryptocurrency is the currency. Either you are new to crypto, or you have been looking for how to earn crypto in 2023, here are the different legitimate side hustle in cryptocurrency you can explore to earn bitcoin in 2023.   Offer services and get paid in Crypto Not everyone has to go through the technical learning of becoming a crypto trader or investor. Just like the writer of this article, you can offer writing services. Blockchain companies and organizations need freelancers, part-time and full-time workers. You can be a Youtuber, a blockchain Dev or Designer, a t

From Pos and PoW to Smart contracts, ICOs, DeFi, DAOs, NFTs, Metaverse, and may more. Blockchain is an ever evolving technology innovating several use cases and opportunities. The natural phase out of ICOs in 2020 ushered in the web3 wave. Companies, and nations of the world began to explore the potentials of the new phase of the internet. Countries like Nigeria, China, The Bahamas, Sweden, etc began to launch their native CBDCS.  Frontline companies like IBM, Master card, Microsoft, Facebook etc began to integrate blockchain in their offering to consumers and clients. For every of these blockchain innovations and adoption, a new set of skilled tech workers are in demand. Web3 experts and professionals are the new talent goldmine in the tech industry. The sweetest part of it is that you do not even need to have much experience working in these capacities. Most of these opportunities are “learn as you work”. So, if getting a hang of the blockchain space is your 2023 vision, get a glass of your favorite juice, sit back, and relax, as you and I dive into the amazing career opportunities for you in blockchain in 2023. Web3 jobs are either Tech role or Non Tech role Tech Roles These are the technical aspects of the ecosystem. They Include; Blockchain Developer and Engineer Devs, they say, are the soul of the ecosystem. Often why they are the highest paid alongside blockchain engineers. A web3 developer writes the code needed to develop and deploy a product or service on the blockchain network. The estimated time to learn web3 development and engineering is about 6 to 9 months. The average Web3 developer salary is $100k - $187k per annum. Programming languages, cryptography, data structure, etc, are few of the skills you will be needing.    Blockchain Architects The blockchain architect researches on core components of blockchain systems, uses his/her observations to design the security and architecture of the system on the blockchain network. U

The volatile nature of the crypto market is never a barrier to getting a job in the industry. While existing companies are recording tremendous growth and expansions, new startups are emerging and raising capital funds. As they continue to raise and expand, they are always hiring massively! Before You Apply, Web3 jobs are either tech or non-tech. You need to equip yourself with enough basic knowledge and also do a comprehensive due diligence about the industry and it's technology. This will help you easily fit for the industry and get you qualified to apply for a listed web3 role. Know the web basics Getting a job in web3 tech requires that you at least know how to use the internet and also have a handful of knowledge on what crypto and blockchain really is. Thanks to schools such as we teach blockchain with their short crypto courses and learn crypto that are using categorized articles to answer crypto questions for free. Master a web3 skill While getting the basic crypto knowledge, you must have found out the different web3 skills in demand. Pick a skill that interests you enough and begin to build a career towards the chosen skill. If you're confused about where to learn, there are free and subsidized courses with certifications on Udemy. If you prefer spervised learning, check out my last article listing Free schools to learn Web3 skills Build a personal brand Opportunities can only find you if you're visible. All that visibility needs from you are; A Resume and Cover Letter If you can't afford to hire a professional, there are lots of free tools to help you build a good resume. You can also find thousands of free templates on Google. Optimizing your Socials This means ensuring that all your social accounts, LinkedIn and Twitter especially are optimized to reflect your Web3 skills. Using industry relevant keywords on your bios, following accounts and connections that are in the industry, engaging contents that apply to your skill, etc. Connect and Co

As a possible sentence for the 8-count charges against Sam Bankman-Fried, the fallen crypto bilionaire is said to face over 115 years in jail. The charges which include illegal handling of funds, misappropriation of funds, deceiving investors, defrauding customers, and many more, were all pleaded not guilty through his attorney, Mark Cohen. Having pleaded not guilty, Bankman-Fried popularly called SBF, was released on a $250 million bail bond. Wearing an ankle monitor, he has been placed under house arrest and is expected to be confined to his parent’s house in Palo Alto, California pending the time of his trial. Departing from the short hearing which took place in Manhattan federal court in New York City on Tuesday, January 3, SBF has given his first post arrest public response to fraud allegations from regulators and customers. He made this through a Substack Post claiming that he did not steal money from the exchange nor did he stash the exchange funds away while he was the CEO. “When I passed FTX US off to Mr. Ray and the Chapter 11 team, it had around +$350m net cash on hand beyond customer balances. Its funds and customers were segregated from FTX International……….It’s ridiculous that FTX US users haven’t been made whole and gotten their funds back yet”   The former crypto king went on to upload his balance sheet at the time he handed FTX over to John Ray and the chapter 11 team. The post since it went live last night has generated a lot of reactions from estranged customers and investors who want to know if they will ever get their money back since the exchange collapsed. Following an announcement by Binance CEO, CZ that Binance would sell its $580 million of FFT. The news led to the panic withdrawal of funds by FTX customers from the exchange which led to its eventual collapse. In November 2022, FTX officially filed for bankruptcy disclosing that it owes between $10 million to $50 million to its creditors. Manhattan US Attorney's office th

Where can I learn web3 for free? Are there schools where I can get full web3 training and courses? How can I learn web3? The $20k odds are that these and many more are the questions that run through your thoughts whenever you come across those unsolicited web3 feeds on your social timeline. Since crypto came in 2008, several unpopular web3 training platforms, paid and free have been successfully grooming and equipping newbies with web3 skills. The best part about these platforms is not even that they are offering these career training for free, they also give their students' members access to international clientele to start work after completion of their training for free. Getting into web3 is easy, it begins with you identifying the skill(s) that interest you enough. What Skills Can I Learn in Web3? Like any digital role, there are tech jobs and nontech jobs. While the tech jobs handle the source codes, the backends, the product virtual life cycle, and the building of a product, the nontech guys handle the company’s administration, marketing, communications, and other frontline roles that present the products to users and the ecosystem. A few of these roles are; Non-Tech roles Business Development Marketing Content Writing and Content Marketing Community Management Project Management, Blockchain Management, etc Tech roles Blockchain Development UI/UX Development Smart Contracts DevOps Product Management Blockchain Architects How much can I earn in Web3? What’s the essence of life without enough bucks to fund one’s lifestyle? Since blockchain became popular, the number of people making billions off it are increasing. However, forget the hype, starting does not mean you will start earning as much as expected, With positions such as Senior Solidity Engineer offering a salary ranging from $300,000 to $750,000. The average non-tech Web3 Salary is between $77,000 and $120,000 per year, with Product Managers earning the highest salaries at an