MONEY WITH STEEMIT: THE SOCIAL NETWORK FOR BLOGGER IN THE UNIVERSAL 4.0

in #steemit6 years ago

Older bloggers make money like this:

If you regularly read my posts and you are a blogger then you are probably too familiar with creating a blog on the WordPress platform then elaborate the content (posts, videos ..), implement the Marketing activities (email, social networking, advertising ...) to reach the target audience (readers).

For…

Selling a product or service, or doing affiliate marketing, placing ads ... is ultimately profitable.

The "new" bloggers in the 4.0 era will make money like this:

Take part in a blockchain social network, create valuable content, share it with the community, and get paid for it.

For example, You have a nice photo, a good story, some special knowledge ... or you just travel somewhere else, you share all that experience on a social networking platform. Assembly. And you can earn $ 0.01 or $ 100 ... depending on the value of your article, more important than that money is not paid by the company for you, nor the CEO of that social network paid for you. That money is paid for by the community of social network users!

It's not too far away, it's happening! Take a look at the two pictures below to see how much they are earning!

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A share article and get $ 8.75 after 3 hours of posting!

Here is the amount of money you earn

kiem-tien-voi-steemit-02.png
Now, what is your name on this social network?

That's Steemit!

WHAT IS STEEMIT?

Basically, Steemit is a social network that works similarly to Facebook, Twitter ..., when you join Steemit you can create your own content and interact with other members.

In particular, Steemit built a social network that would allow members to post articles and then receive rewards based on votes (called "UPVOTE") in each post.

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In short: Steemit creates a community where you will have the opportunity to receive money through an upvote mechanism similar to "like" on Facebook. Also, you can actively comment on other people's posts and also get the bonus (if your comment is upvote by others).

The reward is a co-cryptocurrency (electronic money) called Steem, which you can then convert into real money, through the trading platform.

Technically, the Steemit social network is central, and Steem is a crypto (electronic money) co-operated on the Graphene blockchain technology, which allows for up to 1,000 transactions per second on the network. The distribution grid and can easily be extended to 10,000 or more. Therefore, Steem is capable of handling user data far larger than the Reddit social network.

At the time of this writing, Steem was trading at $ 1.66 and ranked 33 on the global electronic currency charts.

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The value of co-steem - a coin representing the social network Steemit.com

HOW MUCH DOES STEINER MAKE MONEY?

Back to history, the Steem project was born in 2016 by Ned Scott and Dan Larimer. The two have founded Steemit Inc., and co-run the social network Steemit.com, which is the hub for the ecosystem to develop this electronic money platform.

Currently, Steemit offers three types of electronic money: Steem (Steem), Steem Power (SP), and Steem Dollars (SBD).
As each post on Steemit receives the bonus, the total amount is also converted into 3 coin and saved into the wallet in your account:

1 - STEEM: This is the main electronic currency, has the highest liquidity in Stech's blockchain system. Steem is also trading on many major exchanges with different currency pairs. That means that when you join the Steemit social network and get a Steem award, you can bring on the trading floor (below) to sell the coin or sell cash. (like a company's stock)

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2 - Steem Power (SP): This is a non-traded currency on the BUT it is extremely important to users on the Steemit social network. The more Steem Power you hold in your account, the stronger your account, the more money you earn.

When you have more Steem Power, your vote / like votes will be worth more and you will have more bandwidth. You will also have a lot of power on the Steemit social networking site and you will also be paying more for the vote / like the content of other people. (When you vote for other people, they will be rewarded for you higher.)

steem-power-la-gi.png

Steem Power also plays a very important role in preventing price fluctuations in the open market. Because everyone is locked in 2 years, you can not withdraw and sell all Steem Power at the same time if the market has a downward sign, which will stabilize Steem's value.

3 - Steem Dollars (SBD): To avoid the concern of members about the price movement of STEEM, STEEM Dollar was created to stabilize the market.

Steem Dollars are designed to be a stable currency that you can sell at any time. When you create content on Steemit Social, 50% of your bonus will be Steem Dollars.

In short, the Steem Dollars are almost the "shelter" of social network participants, which are sponsored by the US dollar, whereby 1 STEEM Dollar usually corresponds to $ 1. This means that STEEM Dollar's value is more stable than STEEM.

When you earn Steem Dollars by creating content on Steemit, you will have three options:

  1. You can convert Steem Dollars to Steem and sell it instantly on the market to get cash

  2. You can hold Steem Dollars in a wallet to get 10% interest. You can then sell them at any time.

  3. You can change your Steem Dollars to Steem Power. If you want to invest in the future of currency or to increase the power of your account to receive more rewards.

At the time of this writing, the Steem Dollars were worth about $ 1.20 and ranked 311 on the global coin chart.

Keep in mind that when you create valuable content on Steemit, you will have the opportunity to receive co-Steem and co-Steem Dollars. These coins can be brought to the trading floor to sell cash at any time but to increase the strength of your account, you need to hold a Steem Power amount. And to get Steem Power, there are only two ways to create good value content or convert Steem & Steem Dollars into Steem Power via Power Up.

Here if you are interested in social networking Steemit and are looking forward to being present in this community, then follow the next account registration below.