The Technology Of Promise
Many Crypto enthusiasts, myself included, envision a bright future for WEB3. However, despite great strides in advancement and development, the sector is still incredibly immature. So, as WEB3 advocates, how do we benefit from this revolutionary technology during its formative years? Various opportunities function well within the sector. However, they tend to be very specific and within particular niches.
Identifying and utilizing viable opportunities within WEB3 is the best way to gain traction while establishing yourself for a WEB3 future. WEB3 is the underlying technology of multiple revolutionary ideas such as DeFi, SoFi, DePIN, and more. Strangely enough, SoFi has been in existence for the longest time when it comes to various WEB3-based niches. However, it is the most embattled and suffers a high degree of failure regarding new projects.
Steemit launched in 2016, and although it had an incredible start, it eventually amounted to very little, with many leading creators and influencers abandoning the platform. This ultimately led to the hard fork, which birthed the Hive blockchain. However, Hive has its challenges, led mainly by whale accounts with delusions of grandeur. This is the centralization of decentralization.
It is the equivalent of state capture in the real world. The opinions of the masses mean tiny, as the “influential” join forces to promote their interests under the guise of what’s best for the community. This is one of the many challenges SoFi faces, so I now believe its road to maturation is ultimately on hold.
So, Where Is The Growth?
It becomes concerning when you see SoFi platforms collapsing in the heart of a bull market. What will become of these projects in a full-blown bear market? Yes, bear markets affect all Crypto-related and WEB3-based projects. However, they are not fatal for all; instead, they are seasonal periods of hibernation, often utilized as periods of development.
DeFi might suffer extensively in a bear market, but the sector remains viable due to ongoing development, enhancement, and profitability. If you utilize DeFi as a surfer of the tides, you will benefit handsomely through investment and participation. As with anything in the Crypto realm, timing is everything!
The introduction of DeFAI has also created additional opportunities for DeFi investors who are less familiar with the sector’s ins and outs. The amalgamation of DeFi and AI is one example. However, AI will eventually be infused into every aspect of the Crypto-based economy. This leads me to the next sector, which is experiencing significant growth and adoption.
Yes, DePIN has had a fantastic start. The sector is experiencing significant expansion. New high-caliber projects such as Peaq are being birthed, and with them, a plethora of fantastic DePIN projects. DePIN works. Downturns affect earnings, but the sector is growing because it works. Investors and participants are being rewarded, and in WEB3, that counts!
The Cream Of The Crop
Apart from a minority, few SoFi participants enjoy acceptably, let alone encouraging, rewards for their efforts. Many choose to complain. However, my response is simple: I leave and focus on what works. If a project still holds promise, I may continue contributing. However, the following is vital:
Do more of what works!
It’s also important to note that just because an idea is embattled today doesn’t mean it won’t be viable in the future. However, you cannot dedicate all of your time to such ventures. Do more of what works and less of what doesn’t. You don’t have to abandon the idea, but a reassessment is likely needed. DeFi and DePIN are the two leading sectors regarding income generation within WEB3.
The risk/reward ratio is also much more attractive. SoFi is labor intensive, whereas DeFi and DePIN are primarily passive. Humans only have so much time and energy, and we must allocate these resources to what produces fruit. This doesn’t mean that one completely dismisses SoFi and other WEB3 ideas but instead chooses to allocate their time more prudently.
I still participate in SoFi realms but have become much more disciplined regarding my time. DeFi and DePIN produce more favorable results, which is where my focus lies. Effective time management is crucial. SoFi will remain an independent WEB3 economy, but the road is long.
Final Thoughts
The road is long, but some are blocking it regarding SoFi and its progression. SoFi needs a lot more time to mature before we see the results many of us believe are possible. Remain engaged while simultaneously allocating additional time and effort to DeFi and DePIN.
That is at least my perspective. If you are new to the world of DePIN, check out my top 5 DePIN earning projects for 2025 with zero investment required. DePIN is an incredibly viable opportunity due to its low barrier to entry and passive dynamic. Thanks for the visit. Enjoy your WEB3 journey, and I will see you next time!
Sapphire Crypto 