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$56k in 4 months: The Web 3.0 side hustle with big rewards

Dog NFTs and man typing at computer
If you have experience in the world of NFTs and Web 3.0, it could become a lucrative side hustle. (Source: Supplied, Getty)

Imagine making a cool $56,000 in just four months - as a side hustle.

Brisbane man Jake Robinson has managed to turn his experience in the world of NFTs and user experience into a lucrative side hustle to supplement his full-time salary.

The 26-year-old product designer started using freelancing platform Fiverr about four months ago and is now raking in the big bucks offering a range of services in the emerging space.

Robinson’s venture started “probably the same way anybody's interest in crypto starts”.

“I got into the crypto game, and I started meeting other people,” he said.

Before long, he had created his own project that “ended up doing quite well”, selling nearly $1 million worth of NFTs within minutes.

He decided to try his luck offering NFT- and Web-3.0-related services on Fiverr, recognising that his skill set was in high demand.

“I knew that getting good design in the Web 3.0 space is really hard, because no one understands it, it’s so foreign,” he said.

He got his first order a few months ago, and hasn’t looked back.

Robinson is now making “way more money” through his side hustle than in his full-time job, and is starting to feel more confident that demand for his services will continue.

He’s currently putting the extra money into growing his venture, with a view to taking it on full-time.

Robinson offers three core services. The first is creating and curating NFT collections.

The second is designing decentralised applications, which allow people to interact with the Web 3.0 space.

The third is end-to-end development of Web 3.0 products.

A growing trend for freelancers

Robinson is not the only entrepreneur cashing in on the rise of NFTs and Web 3.0.

Globally, Fiverr has seen a 278 per cent surge in the amount of freelancers listing gigs for NFT services between quarter three and quarter four of 2021.

The freelancing platform’s community also reported a 374 per cent increase in earnings from Web 3.0 tech in the same time period.

Australian freelancers are particularly keen to monetise the emerging space, with 84 per cent of Aussies surveyed having already profited from the sale of NFT-related services.

Skill up and get practical experience

For those interested in making a buck out of this emerging technology, Robinson recommends getting your hands dirty.

“If you're offering services in Web 3.0, you need to be actively participating in Web 3.0 environments,” he said.

“So, buying cryptocurrencies, trading, getting into group chats and mingling with people.”

He also recommended tapping into the plethora of online courses and other resources to upskill.

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