What are the entrepreneurial opportunities in cryptocurrency industry?

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The opportunities are numerous. No matter how long I spend writing a list on this, there’s going to be more opportunities, many that will eclipse the potential earnings of what I will discuss. But these can be used as a starting point to get you thinking about your own adventures in this space.

Here’s a few examples of entrepreneurial endeavors I’ve seen people execute with a lot of success:

• Create a project on top of the blockchain to extend it’s functionality. Projects like Variabl.io, NuCypher, Auger and Lightning take the base blockchain properties and extend it’s functionality. This can be done with a token or without a token.
• Create a community around blockchain technology for people excited to talk about it. Cryptominded, an organization I’m an active part of, has grown their community to over 2,000 people and are now expanding their product offerings. Michael Taylor is another example of someone who took his following on Quora and turned it into a community.
• Create informational products around cryptocurrency. People like Ivan On Tech, Cryptocandor and even myself have gotten their start by creating high quality content explaining how blockchain technology works. This can be turned into paid offerings through classes or paywalls for your content. Or it can remain free so that you can widen your audience.
• Write a book. This is an extension of the previous point, but it has the potential to hit a much wider audience. People like Chris Dannen, Andreas Antonopoulos and Chris Burniske have all written important books on this industry, and have used that influence to expand their impact.
• Become a consulting firm about blockchain technology. There are a few firms, including Lukas Kairys ‘s organization and the folks at Lightmatter, that focus on providing high quality blockchain talent to emerging blockchain organizations. If you’re excited about building apps, but don’t have an idea you want to execute, you can always work as a contractor.
• And here’s a quick list of other opportunities: creating a mining rig, building an exchange, building a price tracker mobile, building an app to figure out tax liability, building a wallet service, and many, many more.

If you have talent in one industry and have the ambition, you can find an opportunity in this space.

Brian Schuster is a developer and writer in the blockchain industry. His content has been viewed over 5 million times since January 2017. You can view more of his content on his pateron page, where he is producing content to help his audience find their place in this emerging industry.