Passive income: NO

Smart Contract Bug Bounty Hunting can potentially lead to passive income for individuals who have the necessary skills and expertise. However, achieving passive income solely through this side hustle is more likely for a few outliers rather than the majority. The setup required for passive income in this field involves creating automated systems to continuously monitor and identify bugs in smart contracts. While some individuals may have successfully reached a level of passive income through this hustle, it is not a common outcome for most participants. It typically requires a high level of technical proficiency, consistent effort, and ongoing learning to stay relevant in the rapidly evolving blockchain space. Myth: Some may have misleading expectations that passive income can be easily achieved without putting in substantial time and effort. Setup costs range from $0 to $500 for initial training and tools, and time to profit can vary widely from 2 weeks to several months depending on individual skills and dedication.