RE: Steem earnings, Flipping burgers and Medium shillers

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Steem earnings, Flipping burgers and Medium shillers

in steem •  6 years ago 

But it's also slightly interesting the claps and view time used to distribute a percentage of the monthly subscription.

It is also interesting that there is no view counter nor can who clapped be seen (I don't have an account so maybe it is in there) which I find dodgy.

On top of that I read that if one wants to read more than 3 articles a month, they have to pay 5 dollars subscription a month for it. If the same happened on Steem with 10,000 users, that would be 50k or 100,000 worth of Steem every month just from readers. That isn't going to hapen and instead, STEEM pays readers out of thin blockchain.

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There's actually a little more nuance to their monetization system. Authors can choose to opt their articles in or out of the partner program (that's what the little star indicates), then readers must pay if they want to read three or more of those opted in articles in one month. You can still read an unlimited number of articles by authors who aren't choosing to get paid.

You can still read an unlimited number of articles by authors who aren't choosing to get paid.

So that makes them slave content labourers looking for fame like on any other platform, doesn't it?