Web3 Spotlight: Stay Bullish In Bearish Condition

A movement for a more transparent and decentralized Internet is globally attracting more attention and these days, people are becoming more privacy-aware of their online identities and data.

Just recently, celebrities are getting involved more in Web3, news captured Messi and Ronaldinho posting about a meme coin through their social handles, even as an African, our own Davido (Afro beat singer), was linked to one Solana meme coin which later became a discussion on social media. With all these happenings, coupled with the Airdrop tapping bot taking over people's time on telegram, people are now more aware of the power of Web3. However, some are just doing what their friends ask them to do without getting an in-depth of what the advantage of Web3 is and how one can benefit from it when the market is in the opposite direction say Bearish Market ( On bearing condition).

Web3 Spotlight

Today, TON Blockchain has become known to all through the social media app called Telegram. The Telegram airdrop bot after the launch of $NOT now makes everything that is not even real (Airdrop) become real to all and everyone is just tapping with the hope of getting results soon. Telegram uses TON Blockchain and a lot of Apps have been launched through this network recently Tabi Network launched its airdrop bot on Telegram to become the first layer 1 to do this. It seems we are in an era of using a telegram bot to position one right when considering crypto market conditions.

Web3 technology is open source as we can see from TON Technology using TONcoin unlocking freedom with decentralized finance becomes seamless for all. Yes, the Crypto Market is volatile, we see Bitcoin's (BTC) price action at a 1.4% rise in the one-hour candle of today however, it's still 21.4% far down when considering its All-Time-High four months ago.

Be Bullish In Bearish Condition

In the crypto world, diversifying action is one of the key strategies people use to scale through unbearable market conditions. As we know, in Web3, you own your data, so selling it to earn a reward for yourself positions you for a stable flow of income provided you connect with a genuine platform and understand how it works. This is not too technical. For example, DaoLabs is the proprietor of the Social Mining SaaS that incentivizes fair governance and quality content curation from communities and networks of any organization. Avalanche Blockchain has been using this since 2021 and users that connected to the hub since the launch as still very much bullish.

Additionally, the introduction of DAOVERSE (DAOLabs hub) encourages social miners to stay put in what they do because the hub rewards in stable coins which means earning through Social Mining at DAOLabs is ever stable provided the platform is still active. Note, that you need only Twitter and at least 50 followers to activate your position and start earning for life...... Are you not bullish in bearish conditions?

Web3 activities are recorded on the blockchain, no wonder Point Apps is gaining attention through the reward model introduction to the crypto market. If you have interacted with Solana, Ethereum, Binance, and more Apps in decentralized finance and visited platforms with points activities model, you must have recorded some rewards for yourself.

In conclusion, Web3 has grown to a level that people don't need to talk about the bearish condition of the market, though this condition exists, people have grown with the technology launching unique utilities for their community to scale through unbearable market conditions. You can check Social Mining with DAOLabs and learn more about this.

Disclaimer: This is an educational piece, I am not a financial adviser, so please do your own research.