Trading cryptocurrencies is not the only way to earn from the decentralized digital revolution. With one dapp after another being rolled out on the Ethereum blockchain, and many more dapps expected to launch on other platforms, the opportunities to earn are on the rise.
But generating income from the blockchain revolution can be a lot easier than launching a dapp or day trading cryptocurrencies – in fact, it’s possible to earn passive income by simply hodling certain cryptocurrencies.
In this article, we take a look at our favorite cryptocurrencies for generating passive income.
Blockchain-Based Models for Passive Income
There are several models that allow for regular returns on your digital assets through holding cryptocurrencies.
Mining used to be all the rage in the early days of the digital gold rush, but it has since become less and less profitable due to high competition. Especially for the larger cryptocurrencies, such as Bitcoin and Ethereum, mining…