How Much Money Can You Earn On Blockchain Social Media?

in blockchain •  6 years ago  (edited)

how much money can you earn on blockchain.jpg

People are struggling with monetization requirements being constantly raised as well as creators being demonetized for holding views that the platforms disagree with. Blockchain integrated platforms have been able to solve these issues by rewarding you based on every interaction. There has been a decline in the active users on Steem, but this report will show why I still believe it’s relevant and has the most potential to earn a profit. It doesn’t make it the best; it all depends on what your motivations are and where your values lie.
In this blog I will share one post that was successful across all the platforms I shared it on and what profit I made based on those engagements to give you an idea of the profit potential of each major platform that I endorse and use.

The post was titled “Are Blockchain Games Profitable Or Even Worth Playing?” with this image

blockchain games.jpg

On all legacy platforms like Facebook, Twitter, Linkedin, and Medium. I made $0 because they don’t allow you to easily monetize unless you have a huge following or have major social influence. I also shared it on Gab, but you can’t monetize on there. The rest I will list below and link to the post on each respective platform.

Earnings:

There are many other platforms that will give you crypto for your posts, but they are not the greatest in my opinion or worth using in their current states.

Again, while I don’t think the best platforms necessarily have the highest payouts, it’s clear that all the profit potential lies in Steem which I feel is relevant to point out with all the disdain being thrown its way right now.

My post trended on Publish0x, performed well on Uptrennd, as well as Minds and Steem. These were the results of what you can earn from a successful post. I hope this gives you some insight into earning potential on various major blockchain platforms. Always consider it could have come down to timing amongst many other variables, but I do feel this shows an interesting difference in the various monetization potentials.

Let me know what you think in the comments.


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59.76+0.45+0.12+3.24 = 63.57$

I would like to point out that your steemit post got high reward because of a large vote from a whale. You won't get votes like that very often.

On average you earn 10~ dollars on steemit. So, if you earned 10 dollar on steemit you would earn:

10+0.45+0.12+3.24 = 13.81$

Even that isn't bad for a single post. If you make 30 posts a month, than 13.81*30 = 414.3$.

Not bad for part time earning. If I didn't post on Steemit, I would have posted on another platform. So, making money out of posting is a win win for both the platform and the user.

There is another factor to consider. The earned value could go up if you hold. If the token the platform uses goes up, the earned tokens will increase in value.

Of course that is true that for any of the tokens you can earn by holding. I know it was largely because of a whale but that's not possible anywhere else and I earn less elsewhere on average.

great read, good info. thank you! :)
I haven't used any of those platforms, ive just stuck with steemit
but i will check them out, just curious.

There is definitely potential for no doubt. They have really great platforms and some with more dedicated userbases, but less opportunity to earn

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Hi, @scottcbusiness!

You just got a 13.42% upvote from SteemPlus!
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You should have posted also on whaleshares :)
Have you tried hyperspace?

Yeah Whaleshares is dying and half the witnesses have scammed people and they ran bots and vilified steem for it. Hyperspace I wasn't a huge fan of. I get the appeal but it didn't even let me verify because I wasn't from the US lol.

For gab, you CAN monetize, but it's after paying a certain amount a month and it's based off of ads and views like youtube, more or less.

What I suggest, as a rookie crpyto person with very little experience, is to take what gains are given from these posts and enter the crpyto into an exchange. It's amazing how fast someone can increase the value of something after a few trades and a few days.

Great article! It does give us an idea on how much we can gain from something that's otherwise done for free.

I've been on gab and I don't see that anywhere. I'm a premium user and verified

Hi @scottcbusiness!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.576 which ranks you at #1890 across all Steem accounts.
Your rank has improved 4 places in the last three days (old rank 1894).

In our last Algorithmic Curation Round, consisting of 220 contributions, your post is ranked at #97.

Evaluation of your UA score:
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  • The readers like your work!
  • Good user engagement!

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