RE: RE: I Made $400 This Week Posting Uncensorable Content: Ultimate HIVE Starter Guide
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RE: I Made $400 This Week Posting Uncensorable Content: Ultimate HIVE Starter Guide

RE: I Made $400 This Week Posting Uncensorable Content: Ultimate HIVE Starter Guide

Couldn't help but notice there's no mention of consumer (curation) rewards.

Advertising revenue isn't the only source of income. Often content creators ask for donations. When the consumer donates, they throw their money away. And that's fine, because that's what they want to do with their money. Quite common in this industry but unnecessary now thanks to Hive.

On Hive, rather than throwing their money away, these consumers (followers willing to voluntarily support content creators) can buy HIVE tokens, stake the tokens, then tip their favorite content creators, forever. Plus the consumer who decides to stake tokens and vote or 'like' their favorite creators is entitled to a share of the generated revenue. What this means is they are quite literally getting paid to consume content. It's a far better deal to the consumer than 'donating'. The more stake they purchase to support their favorite creators, the more consumer rewards they earn plus they can hand out larger votes. Creators get 50%, all consumers who voted or 'liked' the content get a share of the other 50%.

The content creator who attracts paying consumers in this fashion can earn a lot more, contribute to creating demand for the token leading to buy pressure and hopefully that leads to the token becoming more valuable over time.

The consumer can also earn by leaving comments, provided the creator pays attention, has staked tokens, and upvotes worthwhile comments. Consumers earn nothing on Youtube or anywhere else for that matter, yet they spend all day staring at their screens and typing up a storm.

Attracting more creators is fantastic. Without paying consumers, many will struggle. The incentives for the consumer to earn are in place and they too can come and reap the rewards. One of the biggest mistakes many with a large following makes when coming to a platform like Hive is: forgetting to attract consumers. You'll notice there is not 1000 comments here. That needs to change.

Pass it on.

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