Web3 as of today

As of today, there is no such thing as free money in Web3. You have to interact with projects and perform certain activities, and even then, there is no guarantee that you will make money, especially as a beginner.

Before 2023, a lot of people were onboarded into Web3, and it was relatively easy to benefit from the boom because liquidity was readily available. You didn't need a massive following on X to become a beneficiary of most token distributions. Rewards were largely based on how actively you interacted with a project's product. People were getting rewarded simply for using tokens, DEXs, launchpads, and other Web3 products.

For many, the money they made from airdrops was what sparked their interest in the industry and motivated them to learn more about crypto. Others simply took that opportunity to invest their time in learning how to trade.

Today, however, the landscape is different. You need passion first, followed by knowledge, consistency, continuous learning, and the willingness to evolve.

Unfortunately, most airdrop opportunities now seem to favour the big players. A good example is Loudio, an InfoFi crypto project that was supposed to reward users based on how much they promoted and publicized the project.

However, many small accounts, particularly those with fewer than 2,000 followers, put in genuine effort and enthusiasm. They consistently posted, created promotional content, and did everything they could to contribute to the project's visibility, yet many failed to earn a share of the prize pool.

Instead, accounts with tens or even hundreds of thousands of followers, some of which made only one or two posts about Loudio, ended up taking home the biggest rewards.

There are several ways to make money in Web3, but there's only one path that can potentially lead to life-changing wealth. However, if you're starting from scratch, have little or no liquidity, and aspire to reach that level, you cannot afford to ignore the other opportunities along the way.

Liquidity is king.

Passion, knowledge, consistency, adaptability, and building are the kingmakers.