How Can Blockchains And AI Help You Make Money All Day?

By Patricia Patterson On Feb 18, 2024

In 2024, here’s how you can use blockchains and AI to make idle income:

Both blockchain and artificial intelligence (AI) have become very useful tools that are changing businesses and giving people new ways to make passive income.

By combining the decentralized nature of blockchains with the intelligence of AI, people can come up with new ways to make idle income with blockchains and AI while doing as little work as possible. Let’s look at how these tools can be used to make a steady stream of money.

Cryptocurrency Staking

coin staking is a common way for blockchain networks to work. Users lock up a certain amount of coins to keep the network running. What they get in return is staking benefits. Staking is a way for people to help make the blockchain safer and more efficient while also making idle income from the value of the assets they stake.

Trading Bots That Use AI

Combining AI with buying cryptocurrencies has become a popular way to make money without doing anything. Trading bots that are run by AI look at market trends, make trades, and handle portfolios without needing to be watched all the time.

Setting up a well-programmed trading bot can possibly make you money, but it takes some time to learn. This makes it a hands-off way to make money in the cryptocurrency markets.

Also Read: Best Ways To Make Money Investing In IPOs In 2024

Yield Farming With Decentralized Finance (DeFi)

Blockchain technology is used by DeFi platforms to provide different banking services without the need for traditional middlemen. By lending or staking assets, people who do yield farming give these sites cash. For their efforts, people get interest or more coins. Yield farming can be a good way to make idle income through decentralized finance, but it does come with some risks.

Creating Content On The Blockchain

Platforms that use blockchain technology to create and distribute content give artists the chance to make money without doing anything. By tokenizing their work, authors can get paid every time someone views, shares, or buys their work. This makes sure that the money keeps coming in even if you don’t do any marketing or sales.

AI-Enhanced NFTs (Non-Fungible Tokens)

NFTs have become very popular in the worlds of digital art and collectibles. Adding AI to NFTs can make them more valuable and special. AI can help artists and makers make NFTs that are dynamic or interactive, which makes them more appealing. People who hold on to these NFTs that contain AI may be able to gain from their value going up over time.

Real Estate Crowdfunding Based On Blockchain

Tokenization on the blockchain makes partial ownership of real estate possible. Investors can buy tokens that represent a piece of a property. By renting out the tokens and hoping that the property’s value goes up, investors can earn passive income. This makes it easier for people with less money to get into the real estate market and make money from it without doing much work.

AI-Generated Content Monetization

AI has grown to the point where it can now write articles, make songs, and make art. By renting or selling AI-generated content on different platforms, creators can make passive income from it. People can earn fees over time without having to make new content by collecting a portfolio of content made by AI.

Smart Contracts And Ways To Make Money Without Doing Much

Blockchain-based smart contracts let you make deals that automatically carry out the rules you set. Smart contracts can be made by individuals to create independent income streams.

As an example, a smart contract could give dividends to token holders based on the project’s profits. This would create a decentralized and automated way to share earnings.

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