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
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:
- Steem - $59.76 estimated value https://steemit.com/blockchain/@scottcbusiness/are-blockchain-games-profitable-or-even-worth-playing - I earned $56.54 which came to about 60 SP and 29 SBD which currently is valued at about $59.76 from 72 upvotes and the massive one coming from Blocktrades. This isn’t regular that I pull in almost $60 from a post. Typically I get upvotes
- Minds - $0.45 estimated value - https://www.minds.com/scottcbusiness/blog/are-blockchain-games-profitable-963266556780011520 - 44 upvotes which earned me about 2.85 MINDS tokens which are worth about 5-15 cents so a max of 45 cents.
- Uptrennd – Unverifiable $3.50 value - https://www.uptrennd.com/post-detail/are-blockchain-games-profitable-or-even-worth-playing~MTE1Njc - There is no way to know unless you go through your point history and count everything so I will assume that based on me being level 10 and receiving 1.9 points per upvote and having 37 upvotes I can conclude that I earned about 70 points not considering comment reply upvotes. There is no withdraw feature yet, but technically 100 points are supposed to be valued at $5. We will know how this holds up when this becomes possible. Their token is the 1 UP token.
- Sapien – $0.12 estimated value - https://beta.sapien.network/post/z8dAvJhzWa1r5SNRsm6sDAUwH12VgdRcs - Note that I’m not a huge fan of Sapien as it has so many issues, but I’m trying to test it a bit considering I think it still has potential. Earned 121.95 tokens worth $0.001 each
- Publish0x - $3.24 estimated value - https://www.publish0x.com/at-scottcbusiness/are-blockchain-games-profitable-or-even-worth-playing-xkmgl - Post was trending and I earned over 2000 HYDRO
There are many other platforms that will give you crypto for your posts, but they are not the greatest in my opinion or worth using in their current states.
Again, while I don’t think the best platforms necessarily have the highest payouts, it’s clear that all the profit potential lies in Steem which I feel is relevant to point out with all the disdain being thrown its way right now.
My post trended on Publish0x, performed well on Uptrennd, as well as Minds and Steem. These were the results of what you can earn from a successful post. I hope this gives you some insight into earning potential on various major blockchain platforms. Always consider it could have come down to timing amongst many other variables, but I do feel this shows an interesting difference in the various monetization potentials.
Let me know what you think in the comments.
Check out all my social platforms and relevant links
Feel free to donate to me to help keep me going:
- ETH: 0xE0d930a0aa8e57e037D749a868ade5682a34e88e
- BTC: 3MWhAo2pbrKLmhkRGj8WuTo2VzLVeuimTs
- LTC: MJMYVTL5iL9GvyQJcn7w7uiyUFMuSFDHke
59.76+0.45+0.12+3.24 = 63.57$
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.
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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.
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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.
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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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Average
Posted using Partiko Android
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Hi, @scottcbusiness!
You just got a 13.42% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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You should have posted also on whaleshares :)
Have you tried hyperspace?
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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.
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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.
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I've been on gab and I don't see that anywhere. I'm a premium user and verified
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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:
Feel free to join our @steem-ua Discord server
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Congratulations @scottcbusiness! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
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Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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@scottcbusiness purchased a 47.77% vote from @promobot on this post.
*If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com
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