When it comes to cryptocurrency we have the opportunity to not only reward the few for their work but the many. This is a system set up where a smart contract can literally divide the rewards of the profits made on a site to everyone using it and do so daily. This means it is easy to reward thousands if not millions of people for their effort and work that they put into a site. But in order for this to work the coin itself needs to be high enough in value so that it can be given out to the people without too much inflation. This means we need to get a coin to a high enough value that even if you earn fractions of one you are still making a decent amount of USD equivalent.
Why Price Matters
When price of a coin is low only those who can make a lot of it can make decent money for their work. This is the common problem with a lot of content sites in general you are either doing really well or yo cannot even pay your bills. This can be fixed with a high price of a coin as you can give out small amounts to a lot of people. This is why some coins go to 6 percentage positions. This leaves it possible to give out a lot of a coin without driving up inflation and if the coin is worth enough if a small amount can really add up. However in order for this to really work for the masses we need to really see a high value coin if it will be worth a lot for thousands of people.
No Limit To How Much A Coin Can Be Worth
Here is the good thing, there is no limit to how much a coin can worth. Literally there is no cap. If enough people are using a network and enough USD is coming into a site a coin can explode in price. This will lead to the ability to rewards users for their work no matter how popular they are and we can start to have more and more people make a living off of their freelance work and just just hope that one day they make it big.
I want to see freelance blogging and social sites really have the value so people can make a decent wage on their work when they decide to work and how much work they decide to do. If someone wants to work their butt off and post high quality content there should be options for them that pays them pays them well. Unfortunately a lot of sites now are content mills that reward people pennies for their sweat and this is something that crypto has to fix. I have seen sites that literally will pay people little money for major writing projects that would take a lot of time to complete and people out-biding each other to accept less pay just to get the job. With crypto we can fix that.
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i don't say there not any coin of high value but think of it that way when 1000s of people that work and get rewarded have to sell there coin in order to receive cash the coin price will fell because there 1000s of seller and not enough buyers no and if you talk about any small coin market cap there will be not stable price and will be difficult to make any prediction on where market will go in 24h no?
but there slotion it that you coin with high trading volume 24h like BITCOIN ,ETH, BCH or you can use stable coin like USDT
Yes volatility will be a problem so it won't be stable income but a stable coin probably won't work unless it is tied to ads or income generated. In order for there to be buyers to match sellers than not only bloggers need to use the site but also readers and investors. We need a full ecosystem to sustain a high value coin.
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that's right we need a stable ecosystem where everyone knows their part of it and do it
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It'll definitely be interesting to see what these crypto-social content sites can bring to the world; the "old" model always seems to have been that web content simply has very little tangible value, perhaps because there's always someone standing in line to offer what they do for less compensation than the person in front of them. Sure, we can say "that's the power of a free marketplace," but it's not very good for full-time skilled writers and content creators.
Perhaps part of what we must strive for is a move away from thinking of this as a "make money" opportunity, and instead regard it as a "long term savings and investing program" in yourself... where the primary objective is building stake rather than cashing out.
HOW that's going to happen I have no idea of...
=^..^=
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It makes more sense to buy Leo and stake it as a blogger than spend a lot of money on a web page and a new site. And you're right, I tried those sites and someone would also do it for cheaper.
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