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How to Earn Money in the Gig Economy? JumpTask App Review

How to Earn Money in the Gig Economy? JumpTask App Review

gig economy JumpTask

Are you aware of the possibility of a recession in 2023? This year has been challenging for the economy, with reports of high prices and significant corporations laying off workers frequently making the headlines. It’s understandable to feel anxious about what the future holds.

However, there are measures you can take to safeguard yourself against harsh economic circumstances. Having an additional source of income can be advantageous, even if you’re already employed. A side gig can help you increase your earnings, save more, and prepare for challenging times.

How to get started with a side gig is usually the main question.  The gig economy offers many earning possibilities, both for experienced professionals and complete beginners. However, people that are new to the gig economy might find it difficult to take the first step.

In 2022, a new app named JumpTask was launched, claiming they provide just that – an introduction to the gig economy with simple earning opportunities. Keep reading to discover more about the gig economy and whether trying out JumpTask is worth it.

What is the Gig Economy?

The gig economy connects individuals looking for gig earning opportunities and businesses. UpWork and Fiverr are the most well-known platforms for freelancers to find assignments and generate income. Gig jobs tend to be temporary, and gig workers can undertake multiple tasks at the same time instead of taking one full-time job.

The primary benefit of the gig economy is flexibility. You can earn extra money by completing gigs while holding a full-time job, and you can subsequently transition to full-time freelancing. Within the gig economy, you can work from any location as long as you have a dependable internet connection, making work opportunities accessible regardless of your geographic location.

While the gig economy offers many advantages, there are some things to consider before jumping in. Due to the temporary nature of assignments, full-time freelancers need to constantly look for clients in order to generate consistent revenue. Notably, the highly-skilled professionals are the ones that are most likely to find suitable income opportunities.

As a result, if you are a beginner, it is smart to search for a side hustle first before jumping into the gig economy all in.

What is the JumpTask App?

JumpTask is a new entrant to the expanding gig economy, providing a global marketplace where gig workers can tackle small tasks and receive compensation in the form of JumpToken ($JMPT), the platform’s native cryptocurrency.

To access your earnings, you’ll need a cryptocurrency wallet. However, if you don’t have one, you can use social logins to get started and create a wallet later. Once you’ve picked a task and completed it, you’ll be rewarded with $JMPT tokens that you can convert to fiat currency at your convenience.

At first, the process of withdrawing your earnings may seem a bit daunting. However, as you gain more experience using the platform, you’ll find that it becomes increasingly straightforward to navigate.

What Are Ways to Earn?

There are two ways to earn money on JumpTask. One requires a little bit of effort, while the other is completely passive.

The first one involves completing various microtasks on the platform. For example, people can play interesting games, complete online surveys, or test the latest apps. There are more exciting tasks such as sharing your available internet bandwidth with others. Beginners can complete all tasks without special skills or significant time commitments.

Another way to earn is called crypto staking. How does it work? You use your tokens to generate passive rewards. It works like a savings account, where you deposit money to generate interest. In this case, the only thing different is the money used – instead of fiat currency, you use JMPT cryptocurrency to generate JumpToken rewards.

Is it Easy to Make Money on JumpTask?

It’s possible to earn from $50 to $100 per month on JumpTask. While the tasks themselves are quite easy, you will have to spend some time completing tasks to hit the 100-dollar mark. To increase your earning potential, you can try combining passive and active income tasks available on the platform.

Conclusion

JumpTask is a microtask platform that allows beginners to earn money in the gig economy. The task marketplace has limits on the earning side. Nevertheless, JumpTask offers easy tasks that anyone can do and earn money on the side to support their income.

DevX Editor

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