5 Creative Ways People Are Using Crypto Online

Cryptocurrencies get more popular every year for good reasons. They allow instant transactions to decentralized applications and other users, which paves the way for other creative use cases for crypto.

From a personal standpoint, I appreciate crypto’s ability to streamline payments. Compared to traditional money transfer methods, crypto transfers have minimal costs and offer greater financial accessibility. Nowadays, individuals and businesses are finding new ways to incorporate cryptocurrencies into their processes. Some betting apps have even started accepting crypto payments natively or through third-party vendors.

Crypto advancing opened the way for various creative use cases, and here are some of the best of them.

1- Digital Art and NFTs

Blockchain technology eventually gave birth to Non-Fungible Tokens (NFTs.) An NFT verifies ownership and authenticity. NFTs are one-of-a-kind, so they are valuable to collectors.

This technology allows artists and creators to sell their work directly to buyers without intermediaries. NFT platforms allow users to mint, trade, and own unique digital assets that cannot be replicated. During the 2021 NFT craze, collectors were willing to spend significant amounts on NFTs, and this allowed many artists to monetize their work. Perhaps most notable is the NFT art work “The First 5,000 days” by artist Beeple that got sold for $69 million in that year.

2- Sports Betting and Gambling

Online betting platforms started embracing cryptocurrencies as a viable payment method. Crypto deposits and withdrawals are fast and secure, outclassing more traditional methods.

Even if you’re a sports betting beginner, there are a numerous apps that punters can try out. This means that most users find themselves switching between platforms depending on their betting needs. When that’s the case, everyone wants offboard and onboard quickly, and crypto transfers enable this.

3- Freelancing and Remote Work Payments

Freelancers are turning to crypto as a means of receiving payments. While PayPal and other ewallets are still popular, there can be cases where these methods aren’t an option. Considering how expensive bank transfers can be, crypto emerges as a solid alternative for freelancers.

Ethereum, Tron, Solana, and many other blockchains allow users to receive payments in stablecoins like USDT and USDC. There are even dedicated crypto-powered freelance marketplaces that allow professionals to offer their services in exchange for digital assets.

4- Blockchain Gaming

Blockchain technology has the potential to elevate the gaming world. Players can earn cryptocurrencies by playing games with play-to–earn (P2E) mechanics. In addition to these, players can also trade in-game items and unlock NFTs with value just by playing their favorite games on the blockchain.

With gaming in Web3 becoming more popular, developers also released gaming-only blockchains where players can enjoy multiple games and gain perks in all of them with their existing NFTs.

5- Crypto Payments in Everyday Life and Shopping

In supported regions, online retailers accept cryptocurrencies as a payment method. Regardless of the industry, users can pay with crypto through gateways like BitPay, CoinGate, and Crypto.com Pay.

In addition to this, some ewallets accept crypto payments. You can top-up your wallet with crypto and then use your balance to pay for goods. For example, Skrill is a popular payment solution on betting apps , but it’s also commonly accepted on other platforms. Users can easily make payments on apps and sites that accept Skrill after funding their wallets with crypto.

I’ve been involved in crypto since 2020 and have seen how it has gone from a niche investment to a practical tool in everyday life. As adoption increases, we can expect even more creative and accessible ways to use blockchain technology, like tokenizing real-world assets (RWA.)