I love Steemit.
It is the best social media site out there in my
opinion. It has awesome people by the bucket load and is a
perfect opportunity to make money writing. In my case, writing
just 2 posts a day. People are successful writing more and some
less. I consider my earnings pretty average really as the sky is
the limit.
It's nearest comparison of another social media is Reddit, but like
a version that you get paid for.
The way Steemit works is based on cryptocurrency, but you do
not have to get your head around that side of things if you don't
want to as it will not affect your earnings. It might be something
that puts a lot of people off, but it really should not.
This is my basic grasp of it...
Steemit is social media site built on a block-chain and my
understanding of this is that everything you do on it recorded, all
your writing is considered a transaction and will be recorded.
Because of its transparency and the fact that anyone can look to
see how much you have earned and look at your history to see
what you have withdrawn, it makes it a rather honest place to be.
Scoundrels and tricksters will be caught out very quickly and their
misdeeds recorded forever.
Basically how Steemit works is that everyone creates posts and
when these posts receive upvotes, then you earn some money on
them. Some money you can cash out and a percentage goes
back into Steemit to increase the reward pool, so that there is
always money going in to grow Steemit and support its users.
You can upvote your favorite posts too and receive a small
percentage of that post's earnings too.
Everyone arrives on Steemit hoping to make money, to be fair
that is what we all want to do, but we end up staying and making
some of greatest acquaintances and friendships of our lives.
It truly is an awesome platform and its a dream come true, as it is
like having hobby that you get paid handsomely for. And then you
get even more money for leaving comments and making friends.
