10 Ways You Can Be Involved in the Ethereum Community
Are you looking to get involved in the Ethereum community? Great. Ethereum is a decentralised open-source network, meaning it relies on the knowledge, participation and input of millions of people to stay relevant.
There are no specific qualifications to become part of the Ethereum ecosystem support program. All you need is an interest in the Ethereum blockchain and its use case. This article will show you ten different ways you can be involved in the ethereum community - and you can start right away.
Ethereum, Ether, ETH
Before finding yourself a sweet spot in Ethereum’s ecosystem, it helps to know what terms to use. For example, ETH, Ether, and Ethereum have different meanings, often confused. ETH is the abbreviated form of ether, the digital token of the network. Ethereum is the blockchain network that lets you send and receive crypto tokens, mint Non-Fungible Tokens (NFTs), host Dapps (decentralised applications), deploy Smart Contracts and more.
Cryptocurrency/blockchain experience or not, you can become a part of the community and help improve decentralised finance. Your unique experience always counts.
The Ethereum Community at a Glance
Inspired by Bitcoin, Vitalik Buterin co-founded Ethereum’s blockchain and the Ethereum Foundation in 2015. Six years later, Ether has become the second-biggest cryptocurrency by market cap. Thanks to an ecosystem of people passionate about improving digital decentralisation, the Ethereum blockchain remains the busiest crypto network with diverse use cases. But it still needs people to help with many different tasks. You may join any Ethereum working group as an individual or register your crypto-related enterprise under the Enterprise Ethereum Alliance.
Joining the Ethereum Community With Experience
Suppose you have computer science, cryptography, or blockchain technology experience. In that case, you can benefit from joining the Ethereum community as a developer, a bounty hunter, a researcher or an ETH hackathon participant.
1. Be a Bug Bounty Hunter
Going bounty hunting is an excellent place to start. Bounty hunters find possible security or functionality loopholes (bugs) in a website or blockchain programme.
Within the Ethereum community, bounty hunting is a lucrative and essential role that keeps operations smooth and ensures transaction security. You’d typically need a decent knowledge of either programming, cybersecurity, or cryptography to hunt bugs. Over $6 million in ERC 20 tokens have been paid to bug hunters so far. That’s an excellent incentive to get started.
2. Go for a Hackathon
Hackathon, the developers’ favourite! Finding and attending the next ETH hackathon is one sure way to gain insight into the community's latest projects. You’ll help solve problems and may win a prize for it. Eth global is the Ethereum community for individuals committed to organising hackathons. You can also check Hackathons New Zealand to keep track of the next hackathon happening.
3. Carry Out Ethereum Research
If you are a programmer with roots in academia, this one is for you. The Ethereum community is always looking for researchers to discover ways to improve transaction experiences on the network. There are grants available for anyone willing to take up the task. You can check out Ether research or Ethereum support programs to find the most relevant areas of interest.
Joining the Ethereum Community as a Novice
At the other end of the spectrum, where non-programmers live, the Ethereum community also has ways you can take part. You can join the Web3 movement, organise a local meetup, help translate Ethereum, take up projects or simply buy, sell or stake ETH. Here are more details.
4. Buy, Sell or Stake Ether.
One way to prove your interest in the Ethereum community is to own some ETH. Depending on the project you join, there may be tasks requiring some ETH to be part of it. Think of it as evidence of your commitment. Also, you can make astonishing profits just by buying, selling, staking, holding or lending your ETH. For your safety, it’s important to note that Ethereum Classic (ETC) and Ethereum max (EMMAX) share no relationship to Ethereum beyond the name. See Bitprime’s guide for setting up your wallet to start transacting with Ethereum.
5. Join the Web3 Movement
The Ethereum Web3 movement is a rapidly growing group of developers committed to teaching about Web3.0. This technology, which is the foundation of crypto, is described as the future of the internet - a place where all websites are decentralised and interconnected, and users have control of their personal data.
The goal of the Web3 community is to make people aware of Web3 benefits and train them to become part of the development process. If this sounds like something you are interested in, you can join Web3Bridge to learn more.
6. Run a Node
Another way to find your niche within the community is running a node. The Ethereum network relies on many nodes to confirm smart contracts and meet the demands of its growing users. To set up a node, you’d need to stake 32 ETH and run a suitable device or join a pool if 32 ETH is too much of an investment! Node owners remain key players in the Ethereum supply chain who benefit from the trust and priority given to their transactions. There’s a lot more to read on setting up an Ethereum node.
7. Write About Ethereum
The Ethereum community also needs talented writers to take notes during a community meeting or simplify complex content. If this is something you love doing, you could be of great help. Choose to write directly for Ethereum.org or join EthHub to connect with fellow writers who are Ethereum enthusiasts.
8. Organise or Join a Community Meetup
Organising a local meetup is another sure way to help expand the Ethereum community. Here you could help locals learn how to execute an Ethereum smart contract or discuss the network's future with ethereum developers. Check out established Ethereum communities or find out how you can begin one.
9. Translate Ethereum Into Your Language
If you know a language other than English, the Ethereum community needs you. There are over 2000 people who help translate information to their local language; you could join the Translation Programme too. Some languages have already been fully translated, while others require more contributors.
10. Donate to a Good Cause
There are aspects of its transaction fee, security, and DeFi development in which many brilliant developers are working on to improve overall blockchain financial transactions. The Ethereum system has a funding mechanism that supports non-profit solutions that have proven useful called Retroactive Public Goods Funding. You can join the community and support such projects by donating any amount. Check out Gitcoin and clr.fund to see how you can take part.
Other Ways to Join
Studies have shown that people with finance or accounting backgrounds find it easier to understand crypto-trading as it’s similar to fiat stock market trading. Here in the Ethereum community, groups of people are working on developing accounting solutions or helping people understand the underlying finance behind digital assets. Rotki, DeFiPrime, and DeFi Pulse are some places you can start.
Finding an Ethereum Community Hub Near You
Cryptocurrency NZ is the first place to look to find fellow crypto fans in New Zealand. There are Facebook groups, Reddit threads, Discord channels and regular, in-person meetups happening across the country.
About the author:
Kelechi Collins is an experienced crypto writer and a Web3 enthusiast who loves to spread the gospel of decentralisation. When not fiddling with the alphabet, KC loves to make hyper-realistic portraits or sketches of NFTs.
The above references an opinion and is for informational purposes only. Do not take this as personalised financial advice or investment advice. The views expressed by the author do not necessarily represent the opinion of BitPrime.
Last updated: 08/02/2022