top playing yourself and monetize your content with Steemit. Working endless hours at some washed up part-time job in pursuit of your passion is going to be your life for some time… if you’re a young aspiring writer. We trap day in and day out to get our voices out there so the world can know culture.
Still, it’s stressful because if we could, we would dedicate our lives to the craft, but most of us have to make a living somehow. We’re couch hoppers, nest stayers, non-sleepers, and slaves to the pen.
We’ll do anything for the opportunity to finally make a living off of what we love to do — write. The experts tell us it’s a tough road to follow, yet we tread on, into a realm of life that promises to knock you down.
Of course, seasoned writers have reason to warn us. The median salary for a writer is around 60K and you can cut that in half if you’re looking to be a journalist as the median salary stands at around 38K. In other words, there’s no way you’ll survive unless you have multiple sources of income.We know you’re eager to sign up but before you do let’s explain how this attention economy works. According to the site, Steemit.com is one of many platforms that are powered by the Steem blockchain and STEEM cryptocurrency. Other sites powered by the blockchain include Busy.org, DTube, and Utopian.io.
These websites read and write content to the Steem blockchain, store the content in a fixed blockchain ledger, and reward users for their contributions with digital tokens called STEEM.
Daily, the Steem blockchain creates new STEEM tokens and adds them to a community’s “rewards pool.” These tokens are then awarded to users for their contributions, based on the popularity of their content.
We know it’s still a fight for attention but compared to other social media sites that don’t reward you for the shares you receive for the written content you post on their platforms, Steemit sounds pretty hot right now.
What’s another huge bonus? There’s is no cost to post and writers can earn digital tokens by not only posting but by voting and curating content. SteemIt’s “Proof -of-Brain” algorithm also encourages the community to write more and enables tokens to be distributed by upvote and like-based data.
Users who are holding a serious amount of digital coin aka “Steem Power” will get to decide where a larger portion of the rewards pool is distributed. Plus, if you’re really looking for a come up you can purchase STEEM or Steem Dollar tokens directly through your Steemit wallet using bitcoin, Ether, or BitShares tokens.
STEEM tokens are also available from other markets and exchanges including Binance, Bitshares, Bittrex, Changelly, GOPAX, HitBTC, Poloniex, Shapeshift.io, BlockTrades, UpBit, and Yensesa.
The bread is real and since June 2016, $40,154,371 in rewards have been paid out to bloggers. If I were you I would get on this A$AP Rocky as Steem has already processed more transactions per second than Bitcoin and Ethereum over the last 18 months.https://instagram.com/p/BVdQoqNAs8l/?utm_source=ig_embed