As the world of cryptocurrencies continues to expand and evolve, many individuals are seeking new and innovative ways to earn passive income. With the advent of decentralized finance (DeFi) and blockchain-based projects, there are now more opportunities than ever to generate a steady stream of revenue without actively trading or investing. In this article, we will explore some of the top passive income sources in the crypto space, including Brave, Presearch, staking, and other noteworthy projects.
I would like to be very clear about my definition of passive income. To me, it includes projects that require very few efforts, so anything I have to invest more than 5 minutes a day is considered active.
1. BRAVE Browser and Basic Attention Token (BAT)
Brave is a privacy-centric web browser that aims to disrupt the traditional digital advertising model. By integrating blockchain technology, Brave has created a unique ecosystem that rewards users, advertisers, and content creators alike. Users are rewarded with Basic Attention Tokens (BAT) for their attention while viewing privacy-respecting ads.
As a user, you can accumulate BAT tokens by simply browsing the internet using the Brave browser. I love it because I would use Brave even if it wasn't rewarding any crypto ! These tokens can then be held, traded, or staked to generate even more passive income. With the growing popularity of Brave and the increasing value of BAT tokens, this innovative approach to passive income is gaining traction among crypto enthusiasts. All updates are posted here and it's always a very interesting read.
Estimated monthly income : 4-6 BAT each month, roughly 1,15 to 1,50 dollars.
2. Presearch: Earn PRE Tokens for Searching the Web
Presearch is a decentralized search engine that rewards its users with PRE tokens for their searches. By using the PRESEARCH platform, users can earn tokens passively while accessing the information they need. The project aims to provide a more transparent, privacy-focused alternative to traditional search engines.
With a growing user base and an increasing number of searches, the demand for PRE tokens is expected to rise. Users can choose to hold, trade, or stake their tokens to earn even more passive income.
Estimated monthly income : 70 PRE or 5 dollars. Note that you can actually only retrieve your PRE when reaching 1000 PRE.
3. Staking Cryptocurrencies:
Staking is one of the most popular methods for generating passive income in the crypto world. By locking up a certain amount of a cryptocurrency in a wallet, users can participate in the network's consensus mechanism and earn rewards for their contribution. Staking has become increasingly popular with the rise of Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) blockchain networks.
This method required money to generate money, which is why it is this far below and in my opinion, not that passive. I am personnally invested in AXS because I like the project, the APR is good,I can restake daily and unstake whenever I want. All projects should be like this. This is not financial advice of course.
Estimated monthly income : Super variable , 15 dollars in my case
4. Writing PUBLISH0X articles :
Now this is again not that passive, but a 30 minutes good write every week on here could give you up to 2 dollars, which amounts to one activity spike. The views and tips continue to accumulate through the days , which constitutes the passive aspect. You could also publish these articles on to really snowball a single high impact article.
The crypto ecosystem is teeming with opportunities for generating passive income. From using innovative browsers like Brave to staking popular cryptocurrencies or participating in the exciting world of DeFi, there is something for everyone. As the crypto space continues to mature and develop, it's likely that even more passive income opportunities will emerge. By staying informed and exploring new projects, you can build a diverse and lucrative passive income portfolio in the world of cryptocurrencies.
