Thanks to globalization, the crypto space, blockchain technology and overall FinTech (Financial Technologies)  many of us now have a golden opportunity to take advantage of the venture capital being poured into this new industry and even get paid to try it and take part in these innovative technologies. 

To put everyone in context, venture capital is defined as “capital invested in a project in which there is a substantial element of risk, typically a new or expanding business.”

Venture capital (VC) is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential

Throughout history, venture capital has mainly and almost exclusively been allocated to first world countries (or industrialized countries if you will) and their citizens; because reasonably enough, they have a higher acquisition/purchasing power and thus businesses target these higher end profile customers to maximize gains. 

BRINGING EVERYONE ONBOARD

However, FinTech brings everyone onboard, meaning that in most cases emerging businesses in this fairly new industry can target customers anywhere in the world and venture capital is being allocated not only to wealthier segments of the world but rather mostly every country which enables everyone, regardless of our geographical location, to participate not only in a new, exciting and emerging industry but also, in my personal opinion, an industry that will become the core of our financial system in a not so far future. 

With FinTech start-ups, people in almost every country can sign up, try projects and be part of this new industry while being able to monetize it because we are still in the early stages of adoption; and while this remains true, we are able to take advantage of the inflows of venture capital into the FinTech space. Or, said in other words, we are able to take advantage of private equity (money) being invested by new projects in their effort to expand their business. 

Of course we need to do our due diligence and proper research in order to spot good projects with a high probability of success and thus reduce our risk exposure, but I assure you there are many good projects out there. Many fairly new businesses are in a growth/expansion stage and they are allocating hefty amounts of capital to expand their brand exposure, incentivize industry adoption and increase their user base. And this is where we can capitalize. 

CAPITALIZING VENTURE CAPITAL ALLOCATION

Many CeFi (Centralized Finance) and DeFi (Decentralized Finance) companies, projects and businesses have great sign up bonuses to incentivize people to try their platforms with rewards that range from a few US Dollars worth of crypto to hundreds and in some cases thousands of US Dollars worth of rewards just to try them out. Others pay you to read and learn about their projects through FREE learn-and-earn programs.

I have personally tried many platforms and have taken advantage of these types of promotions, in many cases moving capital around to do both: try them out and make some additional income on the side which also allows me to remain current with the newest projects and up to date with how the industry moves as a whole. In fact, doing so allows us to decide (through our own experience) which ones are the best, and having tried many myself I can decide which ones I'd like to keep working with and see a bright future in.

I encourage everyone to look around, find these opportunities and take advantage of them as they certainly bring additional cash into our pockets while helping us understand how the FinTech space works. It is also worth mentioning that these "rewards" in most cases come in the form of crypto, which in turn can and most likely WILL increase in price in the future if held for a longer period of time as Bitcoin and some other solid projects have great appreciation potential.    

My favorite platforms to monetize from venture capital allocation:

CeFi & DeFi

• Celsius - Free $50 in BTC when you open a new account and deposit at least $400 worth of crypto. High interest rates on cryptos and stable coins and NO transaction fees (unlimited). Additional rewards when you store other crypto assets in their platform.
• Nexo - Free $25 or $100 in BTC when you open an account and deposit $100 or $1,000 worth of crypto. High interest rates on cryptos and NO transaction fees (2 transactions per month).
• Voyager - Free $25 in BTC when you open an account and deposit at least $100 worth of crypto. High interest (9%) on stable coins and interest earning account for US residents.
• Cake DeFi - Free $30 when you open an account and deposit at least $50 worth of crypto. High interest when staking coins. Decentralized finance platform (DeFi). Aditional $10 in an learn-and-earn program within the app.

Learn & Earn:

• Coinbase - Periodically adding courses where we can earn different assets when we read and take an easy quiz. Additionally, you can earn $10 worth of BTC when you trade $100 worth of crypto (select countries only).
• CoinMarketCap - Periodically adding courses for different assets when we read and take an easy quiz. CoinMarkerCap also offers different ways to participate in NFT airdrops if you are interested in the NFT space.

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