As well as a course to teach how to build an arbitrage bot using flashloans: https://eattheblocks-pro.teachable.com/p/profitable-flashloa...
(just to be clear I am not selling a magical money making machine, what you will learn is the process of building an arbitrage bot, and you will still need to do some work to make some profits)
Basically its great because everything is client side so all you have to is make frontend websites for people to interact with, and even that isn't really necessary. You just need people, with wallets, to be able to interact with your smart contract easily.
The smart contract you deploy has to address a pain point for existing users, typically by consolidating multiple transactions they are doing into a single transaction.
Your smart contract can take a cut of the transactions that flow through it.
The ongoing overhead costs are practically non-existent. The initial costs to deploy your smart contracts can vary to be several hundred dollars at time of writing.
It doesn't really matter what people think is happening in the blockchain space, or their infinitely moving goal post to reinforce their view about a lack of use case. The reality is that there is a market and there are market needs, just like any other market. The distinctions in this space is that the payment system is built in and all the users bring their own connection to the nearest servers which store all your variables. It's not different than any other financial services, just way faster and permissionless to get a foothold in.
And with crypto prices going up we are probably going to see the next DeFi bubble.
If you want to build a DeFi app, You need to learn DeFi development and I have a course just on that: https://eattheblocks-pro.teachable.com/p/defi-development-ma...
I also have a youtube channel for blockchain dev: https://m.youtube.com/channel/UCZM8XQjNOyG2ElPpEUtNasA
However, after sometime I realized that it would probably not be sustainable, because its not very defendable and tariffs are springing up left and right. The nail in the coffin was when me and my ex partner had an argument.
Is it possible to make a lot of money with dropshipping? Of course, but like everything valuable in life it takes time and efforts.
If you are interested in learning DeFi Programming (and by extension Blockchain programming), checkout my channel EatTheBlocks
Covers: - DeFi (Decentralized Finance) Development
- Ethereum
- Web3
- Truffle
- Solidity smart contracts
In order you need to learn: 1. Basics of web dev (mostly front, not much backend for Blockchain) 2. Ethereum & Solidity 3. DeFi programming
I run a youtube channel on DeFi and Blockchain development:
https://m.youtube.com/channel/UCZM8XQjNOyG2ElPpEUtNasA
I also have courses on how to become a blockchain developer and how to build arbitrage flashloans. I recommend first following my free trainings:
https://m.youtube.com/channel/UCZM8XQjNOyG2ElPpEUtNasA
Disclaimer: I am the creator of EatTheBlocks