“X-to-earn”: Future of Work
Web 3.0 and DAO are transforming how people can earn money
It is a recent trend where highly skilled talents are all switching into Web 3.0/crypto-related job fields. With such transition ongoing, the boundary of “traditional work” is no longer set in stone. Increasing number of people work in DAO (Decentralized Autonomous Organization), where members are governed by a smart contract and collective decision of token holders. There is no central authority that dictates them, and people are more comfortable with asynchronous work setting.
This shift is unlocking new earning potential for all of the participants in Web 3.0. In addition to getting compensated for traditional type of work people provide, people can earn money for simple daily activities such as playing, learning, participating, writing, and judging. In this article, I will go over different ways to earn money, in the form of “X-to-earn” in Web 3.0.
(For people who are unfamiliar with DAO, please refer to my previous article on DAO).
DAO Ecosystem and Participants
As illustrated in the above diagram, DAO participants can be broken down into four…
