Earn Crypto in Steemit
What is Steemit?
These are sites or even a social network, which is implemented on the principle of blockchain .
What does it give?
First, the decentralization of all servers. This means that there is no single central server that can be turned off, hacked or blocked. All information is stored and processed by the miners of this network.
Secondly, the internal crypto currency, which is the main chip around which everything is built.
The main idea is to give users the opportunity to monetize their publications due to internal crypto currency.
How it works?
In the system there are two types of currency - the power of voice and gold (in Steemit it's steem power and steem dollar). The first type affects your rating and weight in the system. The second is a stable currency tied to the value of gold. However, both tokens can be converted on the exchange into any other currency.
After registering on the site, you have two options for generating income
The first is to publish posts and receive the audience's response. The more views and comments on your material, the more internal currency you will receive.
The second is to leave a high-quality feedback and opinion to other materials. If your comment is liked by other users, or if you commented on the material at an early stage, which then became popular - you will be credited with cherished tokens.
The more "voice strength" among people who appreciate your publication, the more money you will get.
How much can you earn?
In steemit, where tokens are more expensive, mastheads gain 300-400 dollars each. Agree, not bad. However, the audience is English-speaking.
Why is steemit worth your attention?
Firstly, the site is new and few know about him. The cost of any network directly depends on the number of its users. So, as the popularity of sites increases, you should expect an increase in the price of the token and the reward for publications.
Secondly, for authors of existing blogs - this is an excellent opportunity to reach a new audience.
Thirdly, the current content is difficult to call qualitative, which means that really talented authors can quickly gain popularity.
What are the opportunities for a private investor?
If you are not a copywriter or a blogger, but there is a desire to start trading on crypto-exchange exchanges, then for you it is a good option to earn seed money.
You can actively comment on posts about crypto-currencies, which are very many here, or you can rewrite the materials you found in the Internet and publish on your behalf. Yes, this is not entirely fair, but on the way to the goal all means are good.
Next, you output the accumulated tokens to the exchange and exchange them for bitcoin, ether, or any other coin.
What are the disadvantages?
- As we already mentioned above - this is a low quality content. Most users are lazy in pursuit of easy money and publish either stolen or poorly written materials. There is also no question of a good layout.
- If your article does not make it to the top, it does not get much. A huge amount of materials do not earn a dollar, but most often the problem is in their quality.
- Fluctuating course of tokens. Agree, it will be insulting to find out that your blood, which you did not manage to withdraw, sank 20-30 percent. But this is quite an ordinary picture for the world kriptovalyut.
conclusions
Summarizing, I want to say steemit at the moment are at the earliest stage of development. Now they have t the potential is also enough. Who knows, maybe one day him will replace with Facebook and other social networks.