
New applications, technologies and a significant push towards Web3-styled businesses have brought a new innovation to the market that promises to disrupt the fitness industry: Move2Earn. Sometimes called Burn2Earn, Move2Earn fuses biotechnology and the blockchain. One such application is STEPN, an application built on the Solana blockchain that allows users to earn rewards by walking or jogging.

## What is MoveToEarn?

Move2Earn incorporates Game-Fi and NFT aspects found in the Play2Earn model and rewards users for maintaining a healthier lifestyle. Participants earn rewards by maintaining a healthier lifestyle and using their natural movements to earn money. Wearable devices, step counters and GPS can be used to track habits and reward users with tokens.

STEPN is a Move2Earn sports app that includes blockchain token incentives. Users can earn tokens by walking, jogging or running. There’s also a fun gamification element - treasure boxes are dropped randomly during walking. Millions of people have already signed up and half a million are active users. The goal of STEPN is to encourage people to do more exercise, through real incentives.

To participate, users have to download the STEPN app and purchase an NFT representing a virtual pair of sneakers. The GPS tracking and motion sensor will monitor how far they’ve travelled and provide them with tokens as rewards that can be spent inside the game or cashed out. According to the founders, users can earn a minimum of $25 per 10 minutes of activity, with some users earning several thousand dollars a day. Most use their earnings to buy new “sneakers” in the game, trade with others or even donate their earnings to their favorite charity.

## Is Participating in MoveToEarn Worth It?

There is a slight catch to MoveToEarn. To participate in STEPN, you need to purchase NFT sneakers, priced in Sol. Sol varies in value, but even the cheapest sneakers will cost more than your average pair of Nikes. In May 2022, the cheapest pair cost $872.47.

STEPN hopes to combat this heavy barrier to entry by introducing a sneaker rental system whereby new players can rent sneakers from owners and split the revenue with them until they earn enough to buy their own. This will help STEPN break into new territories and access a broader demographic. STEPN’s token prices have increased rapidly since its launch, making it even more attractive as they continue to grow. STEPN has also announced an interesting collaboration with ASICS, which released branded sneakers on the app as a limited release.

While many crypto companies come and go, the premise of MoveToEarn is very enticing: users who already exercise are rewarded for activities they do anyway, and people who want to get healthier will be enticed to exercise through cash rewards. The app earns money through the minting and selling of sneaker NFTs and from refilling users’ virtual energy. Unlike play2earn protocols that only appeal to gamers, the addressable market of STEPN is much larger. Half a billion people use fitness track apps already, and billions of people walk or run for pleasure or fitness.

![](image1.jpeg)

That doesn’t mean there isn’t a downside. STEPN’s native GMT token is hard to value. But the developers can support or cool off prices through their actions, e.g. increasing the number of GMT needed to level up your sneakers, which boosts demand for GMT. (This has already happened, by the way!) GMT is burned when spent on level ups, decreasing the supply. After GMT decreased, developers pushed an update that substitute GST tokens for GMT as the token temporarily required to mint new NFTs. GST tokens are utility tokens used to buy goods in the app, they can be minted through basic movements and are available in an unlimited supply. These changes can contribute to price sustainability - a feature that contributes to the longevity of the app. The only downside to this is that if the NFT’s prices climb, fewer people will be able to afford the app. It will require delicate manipulation and evaluation to maintain the right balance needed over time.

## STEPN Cryptocurrency Document

![](image2.jpeg)

STEPN published its [whitepaper](https://whitepaper.stepn.com/) in 2021. In it, they state that they would like to “nudge millions towards a healthier lifestyle, combat climate change and connect the public to Web 3.0”. While the company (and even the concept!) is in its infancy, STEPN’s founders have strong entrepreneurial, crypto and gaming experience. The Beta version was launched at the Solana Ignition Hackaton in 2021 and finished in fourth place against hundreds of projects. Advancements and improvements have been made, showing that their team has the technical prowess required to succeed.

STEPN really does want to get the public moving. Even people who are not fit can gain an income through the “Move” feature - simply walking or strolling will earn rewards. The minimum requirement is a mere ten minutes of exercise per day. This makes it easy for anyone to participate.

The project is also committed to the environment. STEPN donates part of its profit to combat climate change and users will be able to donate their GST earnings to Carbon Credit Buying or Burning if they choose.

## Conclusion

STEPN is one of several exciting MoveToEarn projects on the market, and it's already a huge success. While STEPN is limited to a few markets, many will follow around the globe. The combination of gaming, exercising, socializing and incentivizing holds real promise, so keep an eye on early coin discovery sites like Coinscope to avoid missing out on the next big MoveToEarn project.


MoveToEarn Crypto games use incentives to get people moving. But will it last? We look at MoveToEarn and the rise of STEPN.

What is MoveToEarn and the Rise of the STEPN Cryptocurrency Document


Decentralized finance (also known as DeFi) is all the rage these days - and it's not a passing fad. In 2019, the DeFi industry was worth $700 million. By 2022, it passed the [$100-billion](https://finance.yahoo.com/news/defi-market-rise-47-growth-114400683.html#:~:text=The%20market%2C%20which%20had%20a,are%20AVAX%2C%20LUNA%20and%20WBTC.) mark. In this article, we'll look at what DeFi is and how investing in DeFi works.

## What is DeFi?

DeFi refers to peer-to-peer, digital financial services that enable crypto trading, lending, interest-bearing accounts, and other services and uses public blockchains like Ethereum. DeFi aspires to cut traditional banks and brokers from the finance world, enabling faster and cheaper everyday transactions without the restrictions associated with traditional financial institutions, like copious paperwork and limitations.

While the first major DeFi players entered the market in 2013, there has since been an explosion of centralized and decentralized financial protocols, and DeFi investing has never been more popular than in 2022. There are many DeFi investment opportunities, particularly for individuals that want a passive income through liquidity pools. Like the early days of the Internet, the hype can be overwhelming to navigate, so consider your strategy carefully.

## 5 DeFi Investment Strategies You Should Be Aware Of

There are several bubbles and lots of speculation about DeFi investing, but your strategy will depend on your appetite for risk.

![](1.jpg)

_Image: You can easily increase your crypto investment if you have a higher appetite for risk than average._

### HODLing

Cryptocurrency veterans are familiar with the term "HODL," which originated in a crypto forum when someone misspelled the word "hold ." HODLing is the easiest way to build your portfolio, ignoring the activity and the market to accumulate and hold crypto coins, no matter what. This strategy is easy enough for newcomers to follow but relies entirely on the value of your crypto holdings increasing over time. HODLing is always a long-term strategy, which is why you should evaluate the coins you invest (and the rewards for holding, if any, on offer) carefully. You can use sites like [Coinscope.co](https://www.coinscope.co/) to find out more about new coins, their functionality, and the technology behind them.

### Lending

DeFi makes it very easy to secure a loan against collateral without credit checks. Lenders can supply tokens in a liquidity pool to gain profits via interest. These loans are usually over-collateralized, which means that borrowers provide more crypto than the actual loan. These interest rates are much more favorable than in the traditional sector. US banks often charge interest of just 0.09% per year, but DeFi deposits can earn between 1-5% interest (and accrue interest every few seconds!). DeFi lenders benefit both the lenders and the borrowers. Long-term lenders can earn higher interest rates and make use of margin trading options, whereas borrowers can access fiat currency credit at much lower rates.

### DeFi Staking

Staking is a way of earning profits from your idle crypto assets based on the benefits given by the decentralized finance platform. The purest form of staking locks a set amount of an investor's crypto coins. This is done in order to become a validator in a Proof-of-Stake network. DeFi platforms offer staking rewards in the form of governance tokens, which can be kept (to access voting power) or traded. The longer you stake your DeFi assets, the more you earn. It's one of the lower-risk methods of investment.

### Yield Farming

Yield Farming is more complex and riskier, but it comes with much bigger returns.

Yield farmers make a living by providing liquidity to decentralized exchanges, which are used to execute orders created by token swappers that pay fees. Yield farmers can earn a portion of these fees based on their contribution. This is done automatically through automated market maker protocols. Some projects enable users to move funds between different lending and liquidity protocols to take advantage of the best interest rates. Essentially, yield farming involves moving multiple assets over DeFi staking platforms to maximize your profits. Users lend or borrow crypto and then earn crypto in return. There are more complex strategies of borrowing, lending, and staking that can increase your outputs, but they are riskier. For example, an investor could take out a loan and swap the funds for a token. The token can be put up as collateral for another loan, and the borrowed assets staked. This folds the investment several times over to maximize your staking rewards and interest.

![](2.jpg)
_Image: DeFi funds are as volatile as the crypto assets they represent; always do your due diligence_

### DeFi Funds

Funds and trust are the most passive and novice-friendly ways of investing in DeFi. Exchange-traded funds resemble traditional mutual funds that allow investors to invest directly in cryptocurrencies. In traditional finance, exchange-traded funds (EFTs) track the prices of different assets altogether. DeFi ETFs or indexes are the same but track digital assets. Some funds even offer a basket of cryptocurrencies to invest in (e.g., one that contains the top ten most popular crypto coins). These funds aren't entirely risk-free: they come with the same volatility and risk as to the crypto tokens they represent, so always research the coins carefully before taking an investment leap. You can usually choose the criteria for investment, e.g., size or volatility. Examples include the [DeFi Index Fund](https://www.etftrends.com/crypto-channel/bitwise-launches-worlds-first-decentralized-finance-crypto-index-fund-defi/) and the [Diversified DeFi fund](https://finance.yahoo.com/news/grayscale-launches-diversified-defi-fund-090017899.html) or the [MetaVerse Index](https://app.zerion.io/invest/asset/mvi-0x72e364f2abdc788b7e918bc238b21f109cd634d7?utm_medium=pr&utm_source=finimize&utm_campaign=investment_strategies&utm_content=external&utm_term=asset), which enables investment in non-fungible tokens.

## Conclusion

Choosing an investment strategy for decentralized finance doesn't have to be complicated, but like with any other investment, you need to consider your own appetite for risk, your experience with cryptocurrencies in general, and the volatility of the coins you are considering. Always do your research before choosing an investment opportunity. Use early discovery sites like Coinscope to sift through audit reports and find out more about the latest coins available for purchase.


Are you interested in investing in DeFi? Here are the top five strategies you should consider. 

Investing in DeFi: The Top 5 Strategies You Should Be Aware Of


Gaming is perhaps the most accessible (and enjoyable!) way to get started with cryptocurrency investing. Gaming Play2Earn coins are incredibly usable and growing in popularity. In this article, we’ll look at what Play2Earn tokens (also called P2E tokens or P2E coins) are and how to find the most profitable games you can play.

## What Are Play2Earn Coins?

Everyone, from retailers to bankers, wants to incorporate cryptocurrencies in their businesses, and the gaming industry is no different. Play2Earn refers to a concept of gaming in which the platform provides players with the ability to earn in-game assets that can be sold as valuable resources in the real world. These assets can range from coins to tokenized accessories on the blockchain.

![](image1.png)

_Image: The popular Axies game_

In a game like Pet Games, users acquire eggs with PETG tokens to start participating in the gaming ecosystem. Eggs hatch into pets that can be sold on the marketplace. In Axie Infinity, Axie resembles cute animals that are actually non-fungible tokens or NFTs. Players can acquire land and breed Axies using in-game tokens and then sell them for profit.

## How Can You Make Money from Play2Earn?

Play-to-earn games can vary in their approach. Gamers with some design skills can create in-game items that can be sold as NFTs via in-house trading platforms or marketplaces. Coins are earned in the game, exported to wallets, and converted to fiat currency elsewhere. Other games allow you to earn valuable resources and rewards by completing quests, which can be sold to other players. Games like Decentraland make money by selling virtual art and real estate, and digital landowners can earn an income by erecting casinos or hosting events.

## How to Find the Best Play2Earn Games

As with any crypto investment, some Play2Earn coins and tokens will be more valuable than others, and some games will be more enjoyable and profitable than the rest. If you want to go the Play2Earn route, you have to find a game that is enjoyable and worth the time and monetary investment you’ll have to make to get started. There are a few Play2Earn scams out there, so you should vet each company carefully before investing your hard-earned money in the platform.

![](image2.png)

_Image: Bit Brawlers, another popular PlayToEarn video game._

Here are a few tips to consider:

- **Do your research**. Has the game been [audited](https://www.coinscope.co/audit), and is there a published report you can review? These reports are usually the best to find out whether or not a gaming platform has been well-planned and has longevity.
- **Find the game early**. You can use an early discovery site like [Coinscope.co](https://www.coinscope.co/) to find upcoming Play2Earn game launches. These launches often come with perks and promotions, so it’s worth getting in early before the games really take off and become expensive. Choose the ones with a high return on investment.
- **Determine what you need to do to earn P2E tokens**. Do you need to farm every day, join a collective, or just buy and flip tokens on the marketplace? Each game will have its own mechanics to explore, and you need to know what you’re getting into.
- **Find and join the gaming community**. Communities often club together to increase their buying power or even to complete high-value quests. You can even gain early access to investment rounds through forums.
- **Determine how you’ll cash out your coins**. Many play-to-earn games are built on the bigger blockchains like Ethereum, but converting them to other coins might not be as easy as you think. If you exclusively earn NFTs, they can take a long time to sell, and in-game P2E coins can fluctuate in value every day. Find out what you’ll earn and how you’ll be able to spend your P2E tokens and coins in the real world.

## How Much Are Play2Earn Coins Worth (and How Much Can You Make)?

The entry cost of P2E games can vary dramatically. Most games require some sort of starter kit bought with crypto coins, but others require nothing more than a wallet. Of course, play-to-earn games come with no guarantees of return, so you should only invest what you can afford. Having said that, there are full-time P2E players that have turned their gaming hobbies into full-time careers. Games like Decentraland have enjoyed massive uptake, with pieces of [digital land costing as much as $3.5 million](https://beincrypto.com/the-cost-of-virtual-land-in-decentraland-just-blew-past-3-5-million/#:~:text=According%20to%20DappRadar%2C%20punters%20will,in%20the%20Decentraland%20blockchain%20game.&text=The%20most%20expensive%20site%20in,m%20in%20the%20MANA%20altcoin.). If you can get started early enough, you can earn a profit and have fun doing it.

## Why Do Play2Earn Games Matter?

### \* The Market Potential Is Huge

There are millions of gamers around the world, playing as individuals or in a social setting. According to ExtremeTech, there are [3.1 billion gamers](https://playtoday.co/blog/gaming-industry-statistics/#:~:text=Gamer%20stats%20reveal%20there%20are%20roughly%203.1%20billion%20gamers%20across%20the%20globe.&text=When%20looking%20at%20a%20more,668%20million%20gamers%20across%20Europe.) in the world as of January 2022, of which nearly half are based in Asia. While these gamers are spending hours in virtual worlds completing challenges or earning weapons and resources that have no real-world value, they can easily switch to the Play2Earn model and benefit financially. Many have already quit their day jobs in favor of [for-profit gaming](https://www.fxstreet.com/cryptocurrencies/news/blockchain-gamers-see-playing-nft-games-as-a-potential-full-time-job-says-new-survey-202203170827). Play2Earn offers everyone the opportunity to earn money by doing what they love - playing games.

### \* Play2Earn Develops the Gaming Community

P2E games usually have extremely active and social communities that work together to complete missions and share the financial rewards. The shared incentives are extremely helpful in building and promoting inclusive and positive communities in the gaming industry.

### \* Play2Earn Will Help Normalize Blockchain Technology

Blockchain technology is still in its nascent stage, whereas gaming is a well-established and accepted form of entertainment. Combining the gaming and crypto market fuels the adoption of cryptocurrencies and takes them to the mainstream consumer market.

## Conclusion

Play2Earn coins and tokens can be an excellent investment for any aspiring crypto investor. Keep an eye on early discovery sites like Coinscope to discover the next big thing, and you could soon earn a profit - and have a great time doing it.


Play2Earn coins and tokens can be an excellent investment for any aspiring crypto investor.

Play2Earn Tokens Explained: What You Need to Know and Why They Matter


Cryptocurrencies are growing in popularity and stature, becoming more mainstream by the day. Think of Dogecoin. The creators launched the so-called meme coin [as a joke](https://www.barrons.com/articles/dogecoin-started-as-a-joke-now-its-too-important-to-laugh-off-51620229273) in 2013, but it’s no laughing matter. Its earliest investors are multi-millionaires today.

If you want to get in on the action by creating your cryptocurrency, you may be surprised at how easy it is. Let’s dive into the basics.

## What Is the Difference Between a Coin and a Token?

Tokens and coins are both cryptocurrencies. Coins, like Doge and Bitcoin, operate on their own blockchain. The token resides on top of an existing blockchain infrastructure, like Ethereum or Solana.

A blockchain can be thought of as a record of transactions made on a network. Coins have their own independent transaction ledgers, but tokens rely on the network’s technology to verify and secure ownership. Coins are used to transfer monetary wealth; tokens are representative of smart contracts between users. Contracts can be almost anything - loyalty points, social media networks, event tickets or physical objects.

## How Are Coins and Tokens Sold?

Tokens are usually sold through an initial coin offering (ICO) in exchange for existing coins. You can buy tokens after the ICO by using an exchange. Anyone can create a token and run an ICO, but there are some compliance issues you should be aware of. Some legislation considers ICOs as securities, which means they are regulated by the SEC (Securities and Exchange Commission). They are working hard to stamp out fraudulent ICOs that take investors’ money without delivering on their promises. You should also know that not all tokens make it to an exchange, so proceed with caution.

## How to Make Your Own Cryptocurrency Coin: 3 Methods

![](image2.jpg)

There are several ways of making your own cryptocurrency coin or token, ranging from technical and complex builds to simple, outsourced methodologies. Let’s look at three ways to build your own cryptocurrency token or coin.

### Method 1. How to Make Your Own Crypto Coin Using Your Own Blockchain

If you have the right technical knowledge, you can build a blockchain or modify an existing blockchain at any time. It’s not as simple as it sounds. You do need serious coding skills, even with help from online tutorials. You can fork an existing blockchain by taking open-source code and making a few changes, but you will need to understand the code before attempting this.

### Method 2. How to Make Your Own Cryptocurrency Coin Using a Launchpad

Crypto launchpads are sometimes called IDO platforms. These platforms can be used to launch new tokens and access crowdfunding, which can result in instant profits for the earliest contributors. There are two popular launchpads that we can recommend, PinkSale and DxSale

### Make Your Own Crypto Coin on Pinksale

PinkSale is a crypto protocol that anyone can use to create their own token and initial token sale on PinkSale, with no code required.

1. You can visit the [homepage](https://www.pinksale.finance/#/) and click on Create and Token.
2. Select Standard Token from the token type section.
3. Complete the fields for your token name, symbol, decimals, etc.
4. Click on Create Token.
5. Confirm the transaction.

Congratulations, you have a token! This can be sold to the public or just to your friends and family for fun.

### Make Your Own Crypto Coin on Coinscope

The process is just as simple via Coinscope. Simply visit the [Coinscope create token page](https://www.coinscope.co/createtoken) and complete the form with your token name and code. Then, you can pick a decimal starting and the amount of coins you’d like to issue.

### Method 3. How to Make Your Own Crypto Token on an Existing Blockchain

If you don’t have the coding skills, you can build a token with a smart contract development and [audit firm like Coinscope](https://www.coinscope.co/blog/crypto-audit-firms). A smart contract is simply an agreement between two parties that will execute when the conditions are met. That way, you can leverage the skills of crypto experts to launch your coin or token. This is faster, simpler, safer and cheaper because it doesn’t require the time and effort of building or maintaining a forked blockchain. Instead, it relies on technology in use for Bitcoin or Ethereum.

Your audit firm will help you improve the level of trust with investors and help you prepare for possible regulation and legislative requirements. They will perform a combination of manual and automated checks to ensure that the source provided through smart contracts is up to scratch, and guide you towards rectifying any issues.

## Creating Value With Crypto

![](image3.jpg)

As you can see, creating a crypto coin is really easy. However, creating a token or coin doesn’t mean it has any value. You have to convince investors to support and buy the coin, which requires trust and transparency.

The best way to get support for your currency is through an audit and [visible audit report](https://www.coinscope.co/audit). This will show your potential investors that your coin was created in good faith and can garner real value over time.

A trusted Blockchain Protocol Audit Authority like Coinscope is the best way to give your community peace of mind. Coinscope works with leading launchpads like DxSale, PinkSale and Unicrypt to help new coin creators find their footing and establish trust from the start.

## Conclusion

Creating your own cryptocurrency is extremely easy. Launchpads can set up crypto coins and tokens in minutes at a low cost, but not all cryptocurrencies will succeed. The currencies that endure are the ones that establish trust and show investors that they are willing to go the extra mile.


You may be surprised at how easy it is to create your own coin. Filling a simple form, using a launchpad or creating your own blockchain, find all the possible ways.

How to Make Your Own Cryptocurrency Coin


2021 was a bumper year for crypto investors. Early investors of Shiba Inu and Dogecoin saw massive returns during the year, becoming millionaires off initial investments as low as a few hundred dollars.

## Best Ways of Finding New Cryptos

Everyone is keeping an eye out for the next big thing. If you can purchase a new coin when it's priced at a few cents and sell it when it reaches its maximum, you could make a fortune. [But where do you find those hidden gems?](https://www.coinscope.co/blog/how-to-find-new-cryptos-coming-out) Here are a few tips!

### Recommendations

We all know at least one "crypto guy" in our circle of friends or professional networks that can share their tips, but if you don't, you could join a few crypto fan groups on Telegram, Discord, or Reddit. Unfortunately, you never know if these recommendations are legitimate. Many coin launches seem legitimate but are thinly disguised rug pulls. A rug pull is a scam perpetrated on decentralized exchanges where developers abandon their projects and abscond with investors' funds. Never invest in a crypto project if they haven't been audited and vetted, with an available audit report for review. Anonymous teams and "blank egg" accounts on social media are usually a warning sign too.

### Googling

![](image1.jpg)

If you aren't sure where to go, you can Google to find crypto news or press releases. You can also subscribe to popular crypto newsletters that share information about new releases or smart contracts. Again, there is a lot of fake news out there. Some unscrupulous developers will create multiple websites to make themselves appear legitimate, so this takes a lot more research than you might think initially.

### YouTubers

Hundreds of popular vloggers and Tiktokers create tip videos about the latest crypto releases. It's best to take their advice with a pinch of salt and do your own digging before rushing to invest. After all, these content creators are incentivized to drive up views for their pages. They claim that everyone should rush to buy the "new XYZ token" because it will explode in value overnight and gain a lot of attention. If the developers are legitimate, these videos could drive up the value of those coins significantly by triggering a rush. Make sure the crypto project is legitimate, and you may make a decent profit.

### AMAs

Ask Me Anything evenings are a good way of finding new coins. During these sessions, developers will answer questions about their new coin projects or tokens online. Finding these isn't always easy, but keeping an eye on social media helps. Follow some of the top influencers in the crypto space - many successful crypto entrepreneurs and staff go on to create side projects and new tokens.

### Crypto Launchpads

Crypto launchpads like PinkSale or DxSale are extremely handy in many ways. They can raise liquidity or support through crowdfunding or launch new coins and crypto projects. When new projects want to develop a product or service, they will create a token to sell to early investors using the launchpad. Keeping an eye on these platforms will reveal new tokens as they crop up.

### Early Coin Discovery Sites

There aren't many sites dedicated to the early discovery of coins, but Coinscope can help. The site promotes new coins and can perform audits to ensure that they are legitimate. Coinscope also provides information that will help you evaluate the coin's growth potential, including unbiased reports that the entire community can review. Coinscope comes with pricing charts, change indicators, market caps, coin burning and supply stats, and more.

## Benefits of Finding New Cryptos Early

So, why go through all this trouble? There are several benefits of finding coins early (and often). Let's look at a few!

### Access the Best Returns

Bitcoin had no value when it launched. It sold for a fraction of a penny. Today, a single BTC will cost tens of thousands of dollars, representing millions of percentage points in gains. Stocks purchased on the stock market will only deliver an average of 8% returns. The crypto market is volatile, and coins can skyrocket in a few days. It's best to get in early and sell when the value is good.

### Free Coins

![](image3.jpg)

Some crypto projects reward their earliest investors with coin drops and free crypto to incentivize them to keep using the platform or hold their currency. You're far more likely to enjoy these benefits if you get in early.

### Become a Decision-Maker

Some crypto platforms are entirely democratized, and the community can participate in its governance. The more coins you hold, the bigger say you will have over the crypto platform. The best way to accumulate the lion's share is to purchase your coins early when the value is low.

### Catch Coins Before They Inflate

Most investors are familiar with the Coinbase effect. Coins listed on large exchanges, including Binance, Kraken, and Coinbase, tend to rise in price dramatically. Some don't grow beyond the initial surge; others go to great heights. If you don't have much to invest, you need to get ahead of the curve and buy early to (hopefully) make a profit.

## Conclusion

The only way to maximize your crypto investment is to jump early and sell at the right time. Finding crypto coins early will help you realize better profits and have more control over your investment. If you want to be one of the first to discover new coins and tokens, keep an eye on Coinscope. New coins are loaded all the time, along with the information you will need to make a decision.


There are many ways to dive in, from a simple google search to a sophisticated crypto launchpad. This article describes several alternatives where you can find new cryptos launching.

Where to Find New Cryptos Launching


The days where you could pick Bitcoin for a fraction of a cent are long gone. Popular coins like BTC and Ether are selling for thousands if not tens of thousands of dollars. There are several promising new coins on the market to choose from at low prices, but the market is volatile, and many of them will fizzle out before offering any real returns.

If you want to get started with crypto investment or expand your existing portfolio but don’t want to spend thousands on coins, you could try to pick them up for free. That’s right - it’s possible to pick up cryptocurrencies without spending cold, hard cash! In this article, we’ll teach you how to do it.

## 1. Earn Free Cryptocurrency on Free Crypto Platforms

​
A few platforms give users free crypto coins in exchange for simple tasks, usually completing surveys. Freecash.com is one of the most popular ones. You can earn crypto coins by performing different surveys and get paid in crypto coins and cash. Some of the highest earners get $1000’s worth of crypto in a month, but most users only earn around $50. If you are willing to spend some time completing surveys, this can build up your portfolio.
​

## 2. Sign-On Bonuses

​
Some crypto exchanges and wallets offer referral and sign-up bonuses. eToro offers $10 to new investors when they deposit and trade $100, while the [ZenGo wallet](https://zengo.com/referral-program/#:~:text=As%20a%20referrer%2C%20you'll,account%20with%20your%20referral%20code.) offers commission if a referral you make signs up and starts using the platform. Coinbase also offers $30 bonuses for participants using its Learn program or other initiatives. You need to watch a video, complete a quiz and answer the questions correctly to qualify. You’ll also need to provide biometric information and other forms of identification. You can also earn referral bonuses.
​

## 3. Earn Free Tokens with Crypto credit cards

​
Crypto credit cards are becoming commonplace in Asia. These cards work in a similar way to regular rewards cards. Instead of cashback bonuses, you can earn crypto coins back on every purchase. There are several options to choose from, including Swipe Pay, BlockFi, Gemini, and more. You can earn a percentage of your spending back with varying rewards rates. Some of these cards let you choose the coins you receive back, others limit you to specific native or altcoins.
​

Of course, like with any card, the rewards are really only worth your while if you plan on paying your balance regularly so that you incur too much interest.

## 4. Earning interest on Your Investment

​
![](image1.jpg)
​
Some crypto exchanges and wallets will let you earn interest on your holdings. The APY can vary from 1% to as high as 7.5%. Of course, you have to proceed with caution. Some of these interest-earning schemes are actually lending programs that can add risk to the investment. Always read the terms and conditions carefully before signing away your coins.
​

## 5. Staking

​
You earn a few extra coins by staking. Some wallets and exchanges offer staking rewards. All you need to do is leave your crypto in your wallet to earn extra coins. Many platforms offer this option because it assists with maintenance. Again, only certain coins can be staked, and you need a sizable amount of coins, to begin with. This might not be the best strategy for beginners, but staking can pay off if you are a seasoned investor with several thousand dollars worth of crypto in your wallet. You’ll have to shop around for the best rewards. Some exchanges have long staking lists as well.
​

## 6. AMA Evenings

​
Have you ever attended a time-sharing presentation where a sales guy delivers a pitch in exchange for possibly winning a prize? Ask-Me-Anything (AMA) evenings are based on the same principles, but they are usually far more engaging and won’t cost you anything. Several crypto companies host regular Ask-Me-Anything events to share updates about their philosophy, tokens, or blockchain. It’s usually held online, and attendees are rewarded with crypto coins after completing a short survey to prove that they really tuned in. This is a small-time investment, but the rewards are good, and you might learn something about a new coin that you didn’t know before!
​

## 7. Airdrops

​
[Airdrops](https://www.coinscope.co/blog/crypto-airdrops-how-to-earn-tokens-without-risking-any-money) is one of the easiest and most beneficial ways to earn crypto coins quickly. Airdrops are essentially coin giveaways. They are often conditional in nature. You can participate in an airdrop by posting about the crypto platform on your social media pages, writing blogs, or being a loyal user of the blockchain or its apps. Some companies (like Uniswap) perform airdrops instead of an initial coin offering (ICO) to help their currency gain momentum. Unfortunately, there is some risk involved, so make sure to do your research. Airdrop scams are fairly commonplace, especially on social media, and many of them don’t hold any real value. Coinscope, an audit and coin discovery site, regularly announces upcoming airdrops from legitimate crypto investors. The coins are usually sent straight to your digital wallet address, but you’ll have to be quick - once news of an airdrop breaks, there’s usually a rush.
​

## 8. Browsing the Internet

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![](image3.jpg)
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Imagine being rewarded for surfing the net? Some web browsers (like Brave) reward users with crypto coins for simply browsing the web! These coins are usually native tokens developed by the browser software company, and some are really gaining traction. It may sound time-consuming, but you can earn a decent amount of cryptocurrency by simply watching videos and movies on YouTube and checking in on the news. Coins are usually paid into a wallet monthly.
​

## In Closing

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There are many great ways to earn crypto without spending a cent, but that doesn’t mean it won’t cost you anything. You have to be willing to spend the time and effort it takes to make the most out of these opportunities. Most importantly, don’t let the prospect of a freebie lead to taking risks with your money or private information. Use legitimate crypto discovery platforms to find airdrops and [vetted, audited crypto platforms](https://www.coinscope.co/blog/crypto-audit-firms) you can count on.


it’s possible to pick up cryptocurrencies without spending cold, hard cash! In this article, we’ll teach you how to do it.

The Top Eight Ways To Earn Free Crypto


​
You may think that the only way of earning money with crypto is to get in early and sell big when the prices go up. It’s a solid strategy, but not the only one worth pursuing. There are several ways you can earn income in the crypto world. Let’s look at a few!
​

## Mining

Mining is an excellent way of making a passive income with crypto coins. Mining uses computational power to solve problems and verify transactions. A crypto miner has to show that they’ve solved the problem, known as “proof of work”, and receive coins in exchange. This used to be an easy way of earning coins, but mining has become expensive and competitive. The more power collectively working on mining for coins, the greater the difficulty. This increase is deliberate to keep production levels stable. With large mining farms using huge amounts of electricity, it’s become challenging for individuals to compete. However, it can be really profitable if you have an ASICS rig and the right tools in place, particularly in colder climates where machines are less likely to overheat.
​
There’s another alternative to traditional mining, through the cloud. This does not require a hardware mining rig. Miners can rent hashing power from another operation for a fee. The contract owner receives the coins according to the size of their contract. Unfortunately, there are a lot of cloud mining scams doing the rounds, so it’s a risky avenue to pursue.
​

## Staking Tokens

​
If you don’t want to invest in the equipment (and utility) cost of mining, you can try staking your cryptocurrencies. Staking is a means of using your crypto holdings to earn additional rewards, similar to earning interests or dividends on investments or stocks. If you have coins on a blockchain that operate on a proof-of-stake basis (like Ethereum 2.0), you can lend your coins to the network to validate transactions. The network will then reward you with extra coins for your efforts. The more you stake, the more you get paid. Users usually pool their resources to earn more. You’ll usually need a minimum investment to start a staking pool.
​

## Airdrops

​
You can also earn free crypto coins through [airdrops](https://www.coinscope.co/blog/crypto-airdrops-how-to-earn-tokens-without-risking-any-money)! Airdrops are a simple way to get started with crypto investing. Think of airdrops like samples given away at supermarkets or free products sent to influencers in exchange for coverage. Many crypto companies give away their coins to their blockchain users or social media fans to encourage them to use their platform. It’s literally free money, so you can see the appeal, but there are some risks you should be aware of. Scammers often fake airdrops to steal user information.
​
The best way to safely take advantage of airdrops is to use a new coin discovery and auditing platform like [Coinscope](https://www.coinscope.co/airdrop). The community can view all of the upcoming airdrops that will be held by audited crypto firms, as well as past airdrops.
​

## Lending Cryptocurrency

​![](1.jpg)
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Lending cryptocurrency isn’t quite the same as staking, although the concepts are similar. You can earn money by lending coins to others on dedicated decentralized finance platforms. You can loan out coins or fiat money at specific interest rates and then collect the interest over time. The loans are secured by the borrower’s crypto assets. There are different types of lending:
​

- Decentralized or DeFi lending, which lends money directly through the blockchain and smart contracts without intermediaries.
- Margin lending lets users trade through crypto exchanges.
- Centralized lending is controlled through a third party where users deposit their crypto before earning interest.
- Peer-to-peer lending lets users lend each other money by depositing cryptocurrency into the lending platform’s wallet. With this method, you can set your own terms and interest rate.
  ​

## Yield Farming

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Are you interested in investing in some of the exciting passive income cryptocurrencies ventures you’ve spotted online? Yield farming is all about writing smart contracts which put your coins at the disposal of a startup so that they can have more liquidity. You’ll earn APY (Annual Percentage Yields) interest on your crypto holdings and help out with a project that you are passionate about. Yield farming is one of the most lucrative ways of earning money from cryptocurrencies, but it is very complicated, and you will need to do a lot of research before venturing into this option.
​

## Earn Transaction Fees

​![](2.jpg)
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Your blockchain has two layers, the app layer and the implementation layer. Developers build apps known as Dapps on the first layer, but the second layer has the ability to process transactions. You can invest in this layer through lightning nodes. Be warned: it’s slow going, and it takes time to earn returns this way, but as usage increases, so do your profits.
Tokenized Stock
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Tokenized stocks are cryptocurrencies backed by equity shares. These tokens offer payouts similar to dividends. Businesses use tokenization to raise capital, and the investor earns a payout. These tokenized stocks are few and far between, but you can find them on licensed exchanges. Unlike buying shares, you don’t actually have ownership in the business but purely a derivative thereof that sees you earning a payout based on its performance.
​

## Conclusion

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There are many ways of earning a passive income crypto after investing in crypto coins. Like everything else in the crypto world, these investments may be subject to volatility, and there is always the possibility of falling victim to a scam. But if you play your cards right, you can earn a steady income with minimal risk, even without technical skills. Keeping an eye on sites like [Coinscope](https://www.coinscope.co/) will give you access to reputable investments and trustworthy airdrops.


You may think that the only way of earning money with crypto is to get in early and sell big when the prices go up. It’s a solid strategy, but not the only one worth pursuing.

How to Earn Passive Income with Crypto


2021 could be considered a boom year for cryptocurrencies. The total crypto market cap increased from $770 billion to over $2.2 trillion, and the number of [cryptocurrencies listed increased from 10,000 to 16,000](https://www.fool.com/the-ascent/cryptocurrency/articles/the-5-most-exciting-cryptos-that-launched-in-2021/#:~:text=Over%206%2C000%20cryptocurrencies%20were%20launched,newer%20projects%20carries%20bigger%20risks.).

It can be challenging to pick a real winner due to the sheer proliferation of coins out there, but if you were an early investor in the top coins, you might very well have ended the year as a millionaire.

## Top Performing Coins of 2021

Shibu Inu saw a 43 million percent increase between January and December. If you spent $100 in Shiba Inu in January and sold it one year later, you’d have made a cool [$53 million](https://www.fool.com/investing/2021/12/28/if-you-invested-100-in-shiba-inu-heres-how-much-yo/) (If you were smart enough to sell when it peaked in October, you’d be even richer).

[LUNA](https://www.coinbase.com/price/terra-luna) also saw a 13,790% gain in 2021. Starting at $0.65, it reached a high of $103.33 by the end of December. [AXS](https://axieinfinity.com/), a utility coin used to play within the Pokemon-inspired play-to-earn metaverse Axie Infinity, started 2021 trading at $0.53 and climbed to $164 in November. Another winner was Solana from SOL. It started trading at $1.52, hit $50 in mid-May, and then reached an [all-time high of $259 in November](https://www.cryptopolitan.com/solana-price-analysis-2021-11-07/).

The massive gains that new entrants to the market saw in 2021 have inspired budding investors to search for the “next big thing,” buying crypto at a low price early and selling for major returns within a few months or a year.

## Crypto Success Stories

Critics may say that no one except the crypto founders are making money from digital currencies, but the new wave of crypto millionaires beg to differ. Even New York major Eric Adams has asked for his first three paychecks in bitcoin and has argued that crypto-investing should be [taught in schools](https://nypost.com/2021/11/08/mayor-elect-eric-adams-crypto-should-be-taught-in-schools/).

Here are a few of the top crypto success stories we’ve encountered:

### Roger Ver

[Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver#Prison_Experience) was one of the earliest investors in Bitcoin and other start-ups. He made a fortune of $520 million through his investments. While Ver was a college dropout, he was always entrepreneurial - and taking risks. He was even arrested for selling fireworks without a license before turning to crypto-investing.

![](image4.png)

[Image credit.](https://www.forbes.com/sites/lukefitzpatrick/2019/12/20/bitcoin-cash-to-surpass-btc-market-cap-says-roger-ver/?sh=14c4f9601f5a)

### Mr. Smith

While [Mr. Smith](https://www.forbes.com/sites/bishopjordan/2017/07/07/bitcoin-millionaire/?sh=60b96b026261) gave Forbes magazine an interview in 2017, he didn’t reveal his identity - and for good reason. He is currently flying around the globe, staying in five-star hotels, and eating in fine restaurants thanks to the fortune he made in cryptocurrency.

![](image1.jpg)

[Image credit.](https://www.forbes.com/sites/bishopjordan/2017/07/07/bitcoin-millionaire/?sh=4a5e12f46261)

According to the article, the mysterious investor was a recent college graduate and software engineer when he spent $3000 on bitcoin on a whim - and forgot about it. In 2013, when BTC skyrocketed, he realised that he was a millionaire. He sold off a few coins in the early days and made roughly $25 million off his initial investment. He initially paid $0.15 per coin and still owns 1,000 bitcoins, which he intends to sell when the price reaches $150,000.

### Warehouse Worker to Millionaire

An [unnamed warehouse worker](https://www.independent.co.uk/life-style/gadgets-and-tech/shiba-inu-crypto-price-prediction-2021-b1954987.html) in the UK retired at 35 after investing £6000 in Shiba Inu when it launched. The coin’s value increased dramatically by 700,000%, and he was able to sell his coins and become a millionaire overnight.

### Cooper Turley

25-year old Cooper Turley is linked to several crypto projects and has become a [multimillionaire](https://www.cnbc.com/2021/05/21/how-crypto-investor-bought-btc-eth-early-used-defi.html) in the last two years, despite losing his entire Ethereum investment at one point. He is entirely self-taught.

![](image5.jpg)

[Image credit.](https://www.cnbc.com/2021/05/21/how-crypto-investor-bought-btc-eth-early-used-defi.html)

### Glauber Contessoto

Many people thought that [Glauber Contessoto](https://www.cnbc.com/2021/04/22/reddit-trader-im-a-dogecoin-millionaire-inspired-by-elon-musk.html) was crazy to pour his savings into Dogecoin, a currency that began as a joke. Employed in the music industry and coming from an impoverished background, Contessoto raised over $250,000 to invest in Dogecoin when it was selling for a few cents and became a millionaire two months later at 33.

![](image3.png)

[Image credit.](https://www.cnbc.com/2021/06/22/millennial-dogecoin-investor-refuses-to-sell-despite-crypto-crash.html)

## New Crypto Trends To Look Out For

While cryptocurrencies aren’t considered risk-free, it is becoming a legitimate, mainstream investment, and market trends reflect that:

- State-issued digital coins will compete with crypto as central banks start issuing their own coins. [Japan and Sweden](https://www.cnbc.com/2021/11/11/predictions-for-future-of-money-cbdcs-stablecoins-cryptocurrency.html) have already experimented with state-issued digital currencies.
- Cryptocurrencies may become legal tender in several countries. It’s already the case in [El Salvador](https://www.cnbc.com/2021/11/22/el-salvador-plans-bitcoin-city-raise-1-billion-via-bitcoin-bond.html), and more will follow.
- There will be [new laws governing cryptocurrency companies](https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03%C2%A0%C2%A0) and increased regulation.

While this may have some fallout in the cryptocurrency world, it all points in the same direction. Cryptocurrency is fast becoming a recognised and reputable investment.

## Where to Find Newly Launched Coins?

You need to know where to find them if you want to get in on the bottom floor when cryptos first launch. You also need to know if they are legitimate. The newly launched Squid Game token pocketed nearly [$3-million](https://www.fool.com/the-ascent/cryptocurrency/articles/squid-game-crypto-creators-steal-millions-in-rug-pull-heres-how-to-avoid-scams/) in investor funds before pulling the token after a week.

Early listing site Coinscope.co offers investors the opportunity to purchase new tokens as they are launched. The site conducts audits into each new currency and provides a general score - but also plenty of additional information that you can use to review each coin carefully before investing.

Unlike YouTube or social media advisors and forums, Coinscope doesn’t make objective recommendations. It empowers you with information to reach your own conclusions about a coin. Several features help you review the performance of coins and your current portfolio so that you can have all of the data you need for crypto investment success at your fingertips at all times.

With crypto, you need to get in at the right time and have accurate information to decide. Coinscope is where you should start.


The massive gains that new entrants to the market saw in 2021 have inspired budding investors to search for the 'next big thing', buying crypto at a low price early and selling for major returns within a few months or a year.

New Cryptos To Invest in (and Where to Find Them)


A whopping [6000 new crypto projects](https://www.statista.com/statistics/863917/number-crypto-coins-tokens/) were added to the market in 2021, which means that new players have to develop exciting gimmicks and investor benefits to gain traction at the start, including play-to-earn metaverses and crypto lotteries. Airdrops are a tool that crypto developers use to make new cryptocurrencies an exciting investment.

Airdrops are promotional giveaways to reward investors or players, usually free tokens or coins. They may require that participants commit to specific tasks, like promoting the service or platform on social media. Because cryptocurrency creators are responsible for their marketing and distribution, airdrops are a great way of generating free promotion and publicity.

If you aren't sure what an airdrop is or how it works, this guide will help you get started.

## What Are Airdrops?

Airdrops are a promotional marketing activity followed by block-chained services, usually when new coins or tokens are introduced to the market. The platform announces a currency giveaway to early users when a new coin launches. To take advantage of the offer, users have to act as an exchange, which means they may be expected to include account registration or share a social media post with their followers.

Everyone who completes the tasks will become an eligible participant of the airdrop. On the day of the airdrop, the platform will transfer the promised amount of its currency to the public wallets of a few lucky winners. In most cases, participants aren't guaranteed an airdrop because they draw vast numbers each time.

## Different Types of Airdrops

![](image3.jpg)

The concept of an airdrop is relatively standard across most crypto platforms, but there are a few subtle differences in how airdrops are executed, including:

### Standard Airdrops

Small amounts of cryptocurrencies are transferred at no cost to a public wallet user during a standard airdrop. The wallet address must be sufficient for standard airdrops and the new cryptocurrency. These are often given out as gifts for registering on a new platform.

### Bounty Airdrops

Bounty airdrops work slightly differently. The bounty airdrop is usually issued in exchange for promotional activities, including social media promotion or blog posts.

### Exclusive Airdrops

Exclusive airdrops target existing users and crypto veterans by offering rewards. It's often seen when exchanges or other crypto platforms issue their own coin/token for the first time to their already-established user base.

### Holder Drops

Holder airdrops target wallet users that hold a specific currency in their wallets. These are often seen with more mainstream, popular cryptocurrencies like Ether and Bitcoin.

## How Do You Receive an Airdrop?

Participants must have a wallet that accepts and stores various cryptocurrencies to receive an airdrop because an airdrop requires a cryptocurrency transfer. You will be required to supply the wallet address when you register for the airdrop.

If you are successful, you will receive a transfer with the promised cryptocurrency in that wallet on a set date. You may need to own a wallet based on the blockchain used for the service, e.g., a wallet designed for and built on the Ethereum blockchain (like MyEtherWallet) or Stellar-based tokens (like StellerPort).

Always check which blockchain the platform is built on if you want to be part of its airdrop.

## The Benefits of Airdrops

Airdrops help crypto start-ups stand out from the crowd. Cryptocurrencies are valued according to the amount of people trading and holding the currency; distributing your coins or tokens to a broader user base helps your currency gain momentum and attention from new investors.

![](image1.jpg)

As a crypto investor, you can get started with a new crypto coin at its inception without spending any money. It's often beneficial to get started with cryptocurrencies at the beginning of their journey. As the volume of transactions grows and more holders are added, the coin gains value and continued momentum.

## Are Airdrops Safe?

Airdrops can be used as a ruse for fraud, and users have to be careful before handing over their wallet details. After Metamask announced its intention to conduct an airdrop, hackers sent [several malicious tokens](https://finance.yahoo.com/news/investors-lose-over-1-million-164437685.html#:~:text=The%20scam%20occurred%20after%20Metamask,to%20airdrop%20their%20native%20tokens.&text=After%20creating%20the%20token%20contract,contract%20prevents%20them%20from%20selling.) to random wallet owners. When crypto owners researched these tokens, they found that malicious phishing sites had stolen their information.

Airdrops are often used in "rug-pull" scams. Unscrupulous scammers will sometimes create a token and promote its crypto airdrops aggressively through social media channel spamming.

The token's price becomes inflated through a coordinated effort from various malicious hackers and investors dogpiling on the stock because it seems to be climbing dramatically in volume. Then, when the value hits a specific number, the scammers liquidate their shares or swap the currency for a different one, causing the value to drop. Investors lose money and are left with nothing but worthless tokens.

Before participating in an airdrop, ensure the platform and currency are legitimate. A red flag should go up if the company is spamming the Twittersphere with links and promotions for its airdrop. Before participating, check if the currency has audit reports and listings on reputable sites. Be aware if the promised airdrop amount is unusually high.

![](image2.jpg)

## Finding Legitimate Airdrops

New coin discovery, voting, and auditing platform Coinscope offer [access to legitimate airdrops](https://www.coinscope.co/airdrop) from audited new currencies. With Coinscope, the community can view all active airdrops that new cryptocurrencies have issued, as well as upcoming airdrops and completed airdrops.

Coinscope also acts as an audit platform and issues comprehensive and unbiased audit reports for new coins as they are issued, allowing you to make up your mind about whether or not to invest. It's the safest way of finding and participating in airdrops and discovering new coins (before everyone else does).


Airdrops are promotional giveaways to reward investors or players, usually free tokens or coins. Learn how you can find these giveaways and earn free crypto.

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