Many moons ago, the Steemit social media platform is one of the progressive projects in the blockchain & crypto world. It's considerably the easier way to be onboarded and be exposed to cryptocurrencies. Back then, earning Steem feels really rewarding, I even had a post that gained me a net profit of around $70. And that's just a single post. During that time, authors still earn 75% of the total reward. During that time, content creation is a profitable business which is why many successful users even quit their day job and became full-time Steemit bloggers.
Nowadays, that seems far fetched for a regular user. It takes more than just a skill. It also requires time & resources. Be invested to gain more for your time.
Many of the investment schemes for new tokens will require a certain stake invested in the network. It's all about staking of tokens and the gains it could return you.
Almost every exchanges offer some form of investment products which are mostly staking or Defi yield farming. They may differ in execution but they are about the same concept; lock-in your funds to earn rewards in return schemes.
Recently, I'm leaning towards staking schemes. I feel that it's the easier type of investment to grasp and the rewards are straightforward as well.
Here's a screenshot of BitMax's investment products by way of staking
This one is through Atomic Wallet.
I also want to mention Abra, which is
There are so many options to choose from these exchanges. Nowadays, exchanges have become the gateways & hangout place for some investors. They are being looked at as the Duty-Free shops for crypto especially those who just recently took the plunge in any asset.
I can see why that makes a good impression on the new crypto investors. The exchanges have made a ton of effort in making the products seem lucrative and investor focused.
Just look at how Probit structure their investment products.
They are making it a better deal if you choose to lock-in your funds for a longer time instead of the shorter duration. They took into consideration the expectation that an investor would want to see. They want to showcase options and work around them through varying reward potentials.
Just imagine if Defi projects will apply that kind of scheme to their system, it could bring more gamification to the investment scheme that they offer.
