Here I want to give you the opportunity to explore possibilities how to earn money in the crypto space.
The important thing is not the monetary reward itself, but the engagement it creates. It helps you to directly feel the feedback of your work and the feedback of the freedom which decentralization can provide. With decentralization it is not one person deciding on whether your work is worth something, it is the end-consumer, your reader, your fan!
#1 Blogging
Clearly blogging/content-creation will be one of the most disrupted industries in the blockchain universe. When you write on sites like Medium, then you write for the site – like an employee. The curators don’t have to give you any reasons why they liked your content or why they don’t. And let´s be honest, who are they to decide?
Steem
Steem (like Eos and Tron) is a platform for app-developers and especially suited for content-creators. The chain was originally designed to power social-media applications like blogging-platforms. On Steem a “thumbs up” is actually worth something.
The more people engage with your content –> the more attention it creates – nothing fancy, simply like any other social media platform.
Steem has the biggest active user base, like any other crypto-social-media chain the communities and developers had to figure out the reward system. Your payout fluctuates with the price of the crypto-currency. During the hype of 2017, people earned thousands of dollars. During the bear market of 2018, the rewards dropped to a few dollars. People were spoiled with such high numbers and left the platform. Today the reward mechanism has matured.
Get payed for streaming and uploading videos
Steem has several front-ends (gateways). Unlike Facebook and YouTube, where there is only one site, you can choose the front-end which fits your needs the most. All front-ends share the same database –> this means that people on the one website will see the content from people of the other website and vice, versa. It is just a question of comfort, functionality and taste.
As a YouTuber you can cross-share your content on Steem-based video platforms like DTube or 3Speak. Embed it into your blog, be creative! Did you know that even Pewdipie (the biggest YouTuber out there) uses a decentralized crypto-service? (check him out on Dlive)
Publish0x
Publish0x is a blockchain agnostic blogging service. You can get paid in different crypto-currencies. You simply have to create and share one of your wallets.
The platform mostly shows content about crypto and blockchain.
I don’t want to be biased: there are probably hundreds of alternatives and of course you can cross-publish your content. Since Steem-based platforms convince with an existing user-base, and since Publish0x convinces with the freedom of choosing between currencies –> I think both are great sites.
#2 Brave Browser
Yes, you hear right, there is a browser rewarding the user. I would not recommend it, if it was some crappy unsecured browser. No, since it is open-source and was developed by a team around the former CEO of the Mozilla Corporation (Brendan Eich) and is based on the google-chrome architecture, it is not less secure than its peers.
You get rewarded by giving attention – the time you put into browsing and engaging with adds is rewarded with BAT-Token. The Brave-browser is privacy focused and has a build-in plugin. This makes it possible for you to reward sites and other content creators with some BAT-Token. When another Twitter-User is using the brave browser, you can tip him or her with the push of a button. It is like Patreon for everything.
Combined with social-media it is a powerful tool.
#3 Build a Website like I did!
Of-course I make (or aim to make) money with this site. Whenever a YouTuber or Blogger sells you stuff, without mentioning that promotion of useful tools is a good revenue stream, he/she has probably something to hide. Do not only listen to people, but also look on what they do!
Step one: learn about the tools out there (like Steem), create a blog and earn some money.
Step two: Get a good dot-com domain, a good hosting-service, create a website and tell the world only about the things which worked well enough to kick-start your website! Don´t waste time on things which don’t work, don’t complain, let other people do the complaining part.
Note: A good dot-com website can cost quite a bunch of money. Of course you can be creative and make a bargain.
Hosting is also at least around 3-10$ per month. This means a small income from blogging can be essential. This is why I would recommend to take the social-media step first. After you have accomplished those two steps –> you will have learned more, than all the passive people, which are just consuming content.
If you have finished the first step or when you already have your own blog:
- Strategies for crypto-blogger: promoting decentralization means promoting freedom!
- Blogging on crypto-platforms 7 tips, to increase your income
- Passive income in crypto – a fact-check!
