The gig economy and freelancing are fast-growing markets, reshaping how individuals work. Forget the times when full-time employment was the only option to earn in the labor market.
Now, things are radically different. Recent statistics indicate that approximately 59 million Americans were freelancing in 2020, 36% of the total workforce. And this figure is bound to increase, opening new ways for people to find temporary jobs to earn money on the side, such as short tasks, freelancing, and others.
The conventional freelancing market generally comprises temporary work arrangements that businesses or individuals assign to freelancers. Most of these contracts are offered on platforms such as Upwork or Fiverr. However, the earning opportunities are generally limited to skilled professionals: people must have graphic design, writing, or programming skills in order to start earning money in freelance marketplaces.
This poses a challenge for many. Beginner freelancers who might not yet possess expertise in a professional field still seek to find a side hustle to earn money on the side. A new app called JumpTask was created to fill this need – a blockchain-powered platform offering various tasks for people to do and earn cryptocurrency. Launched in 2022, the app is trying to give beginner freelancers a new way to start making money in the gig economy.
Advantages of the Gig Economy
The market is predominantly composed of freelance work and temporary contracts rather than conventional full-time employment. This industry presents an opportunity for individuals to earn money by working on particular projects through online platforms and mobile applications. This means that anyone with a stable internet connection and a mobile device or a laptop can start earning online in minutes.
The primary advantage of the gig economy is the flexibility it offers to both workers and companies. Workers can create their own schedules and select the assignments they wish to work on, providing them with a flexible income stream. Simultaneously, companies gain access to an on-demand global workforce. This approach allows companies to manage their expenses more effectively and avoid the cost of hiring permanent employees for various projects.
Microtasks Versus Traditional Freelancing
Traditional freelancing involves skilled tasks in the fields such as graphic design or web development. The projects can vary in length, but most of the assignments, even though temporary, require a significant time investment. Moreover, people must possess professional skills to complete projects and get paid.
Micro-tasks, on the other hand, are small jobs that anyone can complete. Moreover, the tasks do not require much time and can be managed with other commitments such as college studies or a full-time job. These could involve testing apps, recognizing images, or playing the latest games. As a result, microtasks provide a good side hustle option for beginner freelancers to earn money on the side.
What Is the JumpTask App?
JumpTask is a worldwide platform that links freelancers to microtasks that do not require specific expertise or knowledge. These jobs are paid in JumpToken (JMPT), the platform's native cryptocurrency. Once a task is completed, the JMPT is transferred into the user's account, and the tokens can be exchanged for cash. Alternatively, people can hold JMPT, which constantly changes in value. This means that there is a possibility of future price appreciation.
To begin earning on JumpTask, users must create an account, which can be done quickly using social logins. Additionally, people more familiar with the cryptocurrency industry can use their crypto wallet, such as MetaMask, to sign up. After creating an account, people can select any available task, complete it, and earn JMPT.
Withdrawing payment takes some additional steps. As users earn cryptocurrency (JMPT), they must create a crypto wallet to store it. Some individuals may find this process challenging initially, but experience simplifies it. Once a wallet is made, users can exchange their JMPT for their preferred currency.
JumpTask is a beginner-friendly freelancing platform, as all tasks are straightforward and do not require much time or effort. Individuals can manage their full-time job or college studies while earning on JumpTask, making it a flexible side hustle option to consider.
What Is JumpToken (JMPT)?
JumpToken (or JMPT) is the currency of the JumpTask ecosystem. As a cryptocurrency, it must be stored in a cryptowallet. People who complete tasks earn JMPT, which is transferred to their accounts. To withdraw, a cryptowallet is needed.
What Microtasks Are Available?
JumpTask has simple tasks called Offers to earn money through the JumpTask app. These may involve downloading apps, solving puzzles, or watching ads. The task list is constantly updated, meaning new earning opportunities are always available.
Another earning type in the JumpTask app is called Games. It allows you to earn JMPT by playing the latest games. As earnings come with each new milestone, freelancers do not need to complete the whole game to collect the rewards.
You can also earn money by taking online surveys through JumpTask. Before accessing surveys and rewards, you might have to answer some questions to see if you qualify. The surveys are designed to be interesting and engaging; you can share your opinions and get paid for them.
Micro tasking on JumpTask is different from traditional freelancing. While there are plenty of opportunities for beginners to earn money, experienced freelancers might find the tasks too easy and the rewards too small. Nevertheless, as a platform for beginners, JumpTask does offer a few ways to earn some extra cash on the side.
How Big Are the JMPT Payments?
As the micro-tasks are easy to complete, the platform will likely be unable to replace full-time jobs. However, as a beginner-friendly side hustle option, JumpTask might benefit some people. For example, earning $50 or even $100 per month is possible. It all depends on the effort and the number of tasks completed. However, a considerable amount of time will be needed to earn more.
Final Words
To summarize, JumpTask is a micro freelancing platform that offers various tasks to earn cryptocurrency. Although the earning potential may be limited, the platform is beginner-friendly and can be a great starting point for those who are new to freelancing. Overall, JumpTask may just be a side hustle that beginners can explore to find their next earning opportunity in the rapidly expanding gig economy.
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