Top Dapps to make Money in 2023
There are numerous of categories for dApps to make money, ranging from decentralized finance apps, yield farming dApps, play-to-earn projects, move-to-earn coins, Metaverse and NFT games and much more.
When it comes to choosing dApps to make money, some of the most popular decentralized applications include Ethereum dapps, those running on the Tron network, dApps to trade NFTs, decentralized protocols for earning interest, and several other dApps that require creative skill for earning money.
Let’s look at the top dApps to make money, going over several categories and interesting features for each dApp.
UniFarm is a multi-token reward staking technique that guarantees automatic portfolio diversification in addition to a promised minimum annual percentage yield (APY) of 40% and an annual maximum yield (APY) of 400%. Users can stake, multiply, and also earn other well-known DeFi tokens that are part of the farming pool.
Since UniFarm’s DeFi staking and farming is set up like a game, the longer you stake, the more rewards and money you will get. Most staking systems fall short of providing the APY they promise. In terms of new DeFi tokens available for staking and earning from, UniFarm performs better than its rivals. We provide convenience and a large selection of tokens that are very important to each consumer.
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2. Axie Infinity
One of the most popular crypto games on the market is Axie Infinity, an excellent option for those looking to make money by playing an online game.
Axie Infinity is known to be one of the first Metaverse and NFT-based games to enable players to earn a substantial amount of money by participating in its economy and, to this day, remains a prevalent option for players to explore. The NFT market in Axie Infinity has a decentralized application that lets users buy Axies to use in-game.
Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets. All art assets and Axie genetic data can be easily accessed by third parties, allowing community developers to build their own tools and experiences in the Axie Infinity universe.
Although Axie is still in early access, it is ranked the #1 Ethereum game by daily, weekly, and monthly active users. It has generated over 6,400 ETH in revenue so far. While Axie is a fun game, it has also taken on the characteristics of a social network and job platform as a result of its early success and strong community.
AAVE, a top-rated open-source lending app and protocol, is one of the most popular dApp platforms for making money through lending. It was first built on the Ethereum blockchain, but it was later connected to the Polygon network so that traders could make transactions for less money.
AAVE enables people to lend and borrow a wide range of crypto assets from its collection of liquidity pools at competitive rates and is the best dApp for those looking to earn money passively via a lending protocol.
AAVE is well-known for having created the Aave Protocol, which allows users with digital wallets to supply and borrow crypto assets without intermediaries. They recently introduced Lens Protocol, an open-source tech star for building the Web3 social layer and allowing users to own and manage their digital profiles.
4. EOS Dynasty
A top-rated mobile Play-To-Earn blockchain game is EOS Dynasty, also known as Crypto Dynasty. It’s available on the Google Play store, enabling users to choose heroes and skill lineups and to participate in an arena to earn money. The Three Kingdoms Token (TKT) is a part of the game. It lets users take part in different rewards and buy in-game items on the marketplace using smart contracts.
Overall, there are six ways to earn EOS from within CryptoDynasty. While they have varying dynamics, almost all follow a similar logic: the stronger your heroes are, the more you can make. But first, let’s have a look at the different options to earn EOS:
- Sell material, equipment, and items.
- Stake TKT tokens
- mining boss bonuses
- Arena Rewards
Although it depends on the overall state of the game economy, try to match different stages of the game with the best-fitting earning options.
5. Pancake Swap
A leading decentralized exchange is perfect for day trading newly listed cryptocurrencies for profit. Usually, PancakeSwap is paired with several decentralized apps to visualize the various transactions and prices of cryptos like DexTools or PooCoin. Traders find out about newly listed tokens via places like CoinMarketCap or CoinGecko, or they keep an eye on upcoming releases via PinkSale.
PancakeSwap is called the automated market maker because it is one of the famous DeFi-based protocols that aims to provide automated market making (AMM) by being the #1 liquidity provider. This open-source, DeFi-based exchange is built on the Binance Smart Chain (BSC), through which platform users can swap BEP-20 tokens. CAKE is the native token of PancakeSwap, and the users can swap, add liquidity, farm, yield, stake, and win CAKE tokens through a lottery.
One of the leading “move-to-earn” projects and one of the most unique DApps to make money STEPN is built around an essential daily activity for most people: moving around.
STEPN pays users in the form of GMT coins to stay active. It combines aspects of DeFi and NFTs to enable a robust economy revolving around its platform. Users can purchase NFT shoes to earn money on the platform. By staying active, users can receive rewards in cryptocurrency, generating a sizeable income.
With Game-Fi, STEPN aims to nudge millions toward a healthier lifestyle, combat climate change, and connect the public to Web 3.0, all while simultaneously relying on its Social-Fi aspect to build a long-lasting platform fostering user-generated Web 3.0 content.
To make money via yield farming platforms, a dApp that’s making the buzz is Katana, a Solana blockchain-based Yield generation network and platform offering competitive APY on staking various digital assets.
At the time of writing this article, Katana offered projected APYs of up to 33.81% on SOL, 22% on ETH, 24.05% on BTC, and up to 45% on USDC-SOL pools.
In recent news, Katana said that it had traded more than $600 million in options through its platform. This shows how much money can be made through the protocol.
8. Bounties Network
The Bounties Network enables users to self-organize according on their requirements, from freelancing to social events and everything in between. You may establish projects, work with others, and get paid for excellent work in any sector with Bounties Network, whether it’s research, content translation, or video production.
Simply install MetaMask, visit the service, create a new task, and complete the necessary fields. All campaign types, including bug bounties, are supported by the platform. Bounty hunters receive payment in the form of ERC-20 tokens or ether.
OpenSea is a marketplace for buyers and sellers of non-fungible tokens (NFTs). Since 2017, the NFT environment has developed rapidly, and NFTs are now more commonly used to represent audio, video, and images. Its digitally owned properties are well suited for creating and selling digital art, collectibles, game items, and event tickets, with more sophisticated applications coming in the future.
All types of NFTs can be bought and sold on OpenSea. It is like an eBay designed for digital art and collectibles. What sets OpenSea apart from its main competitors—NiftyGateway and Superrare—is simplicity. An ordinary user can easily create an NFT for sale and earn money with this best DApp for artists. This proved to be the key factor in user acceptance.
Augur is a market for making predictions where people can buy and sell event outcomes. The site is perfect for those who can make accurate forecasts and fortune tellers. You may foresee the results of upcoming elections, the participant on the following reality show, or even the price of ETH by the end of the following year. Depending on the amount of ETH invested in the event, multiplied with the likelihood that it will be successful, winnings are paid out in Ethereum (ETH). You will lose your wager if the event doesn’t happen.
In conclusion, the world of decentralized applications (dApps) has opened up a world of possibilities for individuals looking to earn money. With the use of blockchain technology, these dApps offer transparency, security, and the potential for significant returns. From lending platforms to gaming apps, the top dApps to make money offer something for everyone.