Startup cost: $100 - $500

Setup costs for Smart Contract Bug Bounty Hunting side hustle can range from $100 to $500, depending on the tools and services you choose to invest in. At the bare minimum, you would need a computer and internet connection to get started. However, for someone looking to do it right, additional expenses may include software tools for bug tracking and analysis, security testing services, and possibly setting up a website to showcase your skills. These optional expenses can add up to the higher end of the cost range. Hidden fees might include subscription costs for premium bug bounty platforms or certification programs to enhance your credibility. While some participants online claim it to be low-cost, expenses can increase as you commit to more advanced tools and services. If a friend wanted to take this side hustle seriously, I would advise budgeting between $100 to $500 to cover essential and recommended expenses.