Blockchain technology and cryptocurrencies enable many new business models to generate an online income. Rather than playing play-to-earn games, it may prove worthwhile to contribute to the future hybrid framework for compensating human labor.
Play-to-Earn Gaming Was So Last Year
Until a year or two ago, very few people would make money from playing video games. For everyone else, earning a sizable income from doing so is challenging. Although that industry is tough to break into, one can either become a streamer or become a game reviewer. For everyone else, video games represent entertainment that comes at a cost. In addition, most games aren’t complete when they come out lately, sparking a growing interest in alternative gaming options.
It is not too surprising to see players gravitate toward play-to-earn gaming. Success stories like Axie Infinity and Splinterlands confirm the appeal of an accessible gaming experience where players can sell in-game rewards. However, most play-to-earn games require an upfront investment, as they are not free-to-play. While P2E games have money-making potential, other options don’t require an investment or playing games.
Compensating Human Labor Through Cryptocurrency
An intriguing addition to the blockchain industry is HUMAN Protocol. The project aims to establish an open-source infrastructure for decentralized labor markets and exchanges. It ushers in the next era of sustainable income for human jobs. In this era of artificial intelligence and other developments affecting job opportunities, solutions like HUMAN Protocol can make a meaningful difference.
The native HUMAN API lets Requesters create jobs, which they pay for in HMT, the native token. Every job is work that needs to be completed and can be sent to Job Exchange(s) to find the correct Worker. The Protocol ensures the job is matched with the Worker. Jobs can be canceled at any time and paid pro-rate for work completed.
Through the Proof-of-Human mechanism, HUMAN Protocol eliminates bots from the equation. Preventing the ecosystem from being overrun by bots is essential. A collaboration with MetaMask helped establish a HUMAN Protocol API to ensure all interactions are with humans only. Moroever, Proof-of-HUMANity can ensure all blockchain transactions are made by humans as it applies to nearly every aspect of the broader crypto and blockchain industry.
Workers can search for work through the HUMAN App and submit their qualifications. There is no interaction with intermediaries, and all payments occur between the Requester and Worker. Additionally, there is no need to sign up for websites, and Workers know they will always be paid.
An Open Ecosystem For Mutual Growth
One appealing aspect of HUMAN Protocol is how the Protocol will eventually span many different job types and expertises. The first iteration provides global access to data-labeling services, which anyone can join without specific requirements.
In addition, HUMAN Protocol has hCaptcha among its partners, the leading CAPTCHA service globally. As more users contribute to the Protocol and submit their expertise and qualifications, more decentralized Job marketplaces will be created to secure compensation for human labor.
Furthermore, HUMAN Protocol is universally applicable. The initial focus lies in facilitating machine learning, a crucial aspect of society’s future. Achieving that goal requires a massive volume of human annotations to deliver and maintain service quality.
Now is a good time for anyone to start exploring the Protocol and earn HMT tokens. Be at the forefront of modernizing stable income for human labor and contribute your time to saving HUMANity!