Investment firm Multicoin bets 'Internet Labor Markets' will drive crypto’s next wave of adoption According to the firm, the next wave of users that will onboard into crypto will be thanks to networks where users earn crypto by contributing work rather than buying tokens outright. What to know: - Crypto’s main use case has long been buying and trading tokens, but some investors believe the next wave of adoption could come from earning them instead. - Multicoin Capital calls this emerging model Internet Labor Markets, where users receive crypto for contributing tasks like data labeling, bandwid
Investment firm Multicoin bets 'Internet Labor Markets' will drive crypto’s next wave of adoption According to the firm, the next wave of users that will onboard into crypto will be thanks to networks where users earn crypto by contributing work rather than buying tokens outright. What to know: - Crypto’s main use case has long been buying and trading tokens, but some investors believe the next wave of adoption could come from earning them instead. - Multicoin Capital calls this emerging model Internet Labor Markets, where users receive crypto for contributing tasks like data labeling, bandwid