Would you like to learn how anyone, especially developers, can easily monetize contributions to open source projects hosted on websites like Github by using Utopian.io because up until today it has been very difficult to actually earn any money off of an open source project without having built-in monetization?
This post is designed to be a case study of how the entire process works because what we are seeing here is an open source contribution based on visibility in the form of a new advertising campaign on Google, Facebook, and YouTube for this exact post and the matching video explaining how this works! 1,000+ viewers already watched the video on YouTube below along with thousands more seeing the original post on Facebook.
Bottom Line Up Front! Up until recently, programmers, coders, and developers have been restrained heavily by the need to make projects profitable. All of us hoping to benefit from these creations have also done without the corresponding new apps, products, inventions, discoveries, and analysis that would have resulted from these contributions which were not created because of no way to make money existing.
Today there is a way to easily monetize open source contributions which will empower a new generation of creativity and I am going through the process to change that contribution into money right here on https://utopian.io/ in this post! Anyone else is free to do the same thing along with me which now unlocks the potential to just create and maintain open source projects that actually do good and help people with built in monetization by posting about it on Utopian.io!
What is even better is that no coding experience is required for many contributions like the one I am making here! Just helping open source projects with visibility like I am doing with this post and the matching ads is enough to make a contribution. I will show you how every single part of the system works here because if you are coding open source projects or if you're thinking of making contributions or you already have, this is a game changer in terms of earning some money.
GitHub Developers Easily Can Earn $20+ in Rewards by Submitting Projects to Utopian!
https://github.com/ is the top website in the world for open source project collaboration and contribution currently.
Now, how do you make money off of this?
Here's a new website powered by the Steem blockchain that essentially turns a Github contribution into a post on Steem, which then pays out rewards.
I will explain all this to make it perfectly clear how it works and I will start with some examples.
https://utopian.io/ was created by developer @elear who I imagine has struggled with the same problem coding online:
How do you turn your service in creating and coding into money?
You can see this is Utopian.io.
It's a list of all the projects that have been submitted. You can browse contributions by Github repositories and you can see the matching contribution on Github directly when it's linked.
Now, you don't have to just use Github for this, but you can link it directly to your Github for best results.
I will show you a couple of examples here.
Number one.
This is a contribution that earned $124 a few days ago. The author received $109 for this while those upvoting on Steem got $14.
That means the author linked to an open-source Github contribution.
This project right below is "codewithcheese / Steem-mentions" on Github and codewithcheese turned this contribution, which by itself is very unlikely to earn any money at all, into a post on Utopian, which is very useful.
Not only does this process make it possible for developers to actually earn money, but it also makes it possible to get attention and to get users for whatever it is you've developed.
I went through this entire post that codewithcheese made, which I found extremely helpful. This earned $109 for the author and almost $15 for the upvoters.
You can see any of these yourself anytime by going to Utopian.io, and if you've got Github projects you can link any of them up. I would imagine it would be good to do ones you're keeping up with.
Number two.
Here's another one by MattyIce that I found extremely helpful today. It is a Bot Tracker and he earned $23 on this ten days ago.
When you click on the post in the newsfeed this is what comes up, it's essentially a post that's made on the Steem blockchain, which is submitted through and hosted on Utopian.io.
Then, it's given exclusive rewards and upvotes from Utopian.io’s Steem account, which is funded by sponsors who give it $35 plus as of today, not 10 days ago on the upvotes.
I found this post through Utopian.io and it shows how you can use all these voting bots on Steem to make a profitable upvote purchase.
Now, this is the Github contribution here on the Github page.
Then this is the actual Github project you might say, which is hosted on Amazon Web Services and this tool was extremely helpful for me today.
I just threw in a $14 or so Steem Backed Dollars bid over to @buildawhale and I got a $20 plus upvote on the post from them, which I was able to locate by using this service that got credit on Utopian.io.
I've also located all of these other bots now, which I'm able to use through a service that I previously was unaware of. This is extremely helpful on a larger scale as now any of us can put tools together that are helpful, and it doesn't have to be about Steem.
You can do any project.
Now, sure these Steem ones are likely to have a chance to earn much more than $35. If you look at some of these other contributions, this codewithcheese one analyzes the Steem blockchain and it got significantly more than $35, but it doesn't have to do anything with Steem because now the account that is managed by Utopian.io can upvote anything.
You could do any project not related to Steem at all and still earn $35 for the contribution if there's less than 10 submitted that day.
Where does the money come from?
If you are brand-new and you've never heard me mention Steem anywhere before, Steem is a blockchain-based social media platform and blogging website where anyone can earn rewards. The rewards come from the inflation on the Steem blockchain, that's where the money comes from.
There are a little over 200 million Steem available and about 8% new Steem are created on the blockchain every day. Most of that inflation is paid to authors just like me writing blog posts on my Steemit profile. These are the rewards I'm very grateful to have received on my posts, and I try to make a post each day.
This is the same rewards pool that Utopian.io draws from, that when I post something that's where my rewards also come from.
Most of the new Steem that's created is given to posts published on the Steem blockchain, which you can do it straight on Steemit.com as you can see on my blog, or you can do it directly in another app like Utopian.io.
Utopian.io essentially submits to the Steem blockchain, and then has a custom interface for it. You have to have your Steemit account first. You have to sign up with Steemit in order to use this at https://steemit.com/pick_account. Once you've got a Steemit account all you do is log into Utopian.io with your posting key and make a post!
That's a basic overview of what Steem is. If the free account creation process does not work or takes too long, the next best option might be https://anon.steem.network/ to get an account fast in exchange for a little Steem.
About the creator of Utopian.io
I will show you more about the creator @Elear who discovered Steem through finding my "Beginner's Guide to Cryptocurrency Investing" video course on mashable.com hosted through StackSkills. After watching the course, he joined Steem and got my attention with a 10 Steem wallet transfer featuring his post about Utopian after nothing else worked to contact me successfully. Since then I have chatted with him on steemit.chat and am collaborating with him here to promote this amazing project he has launched to solve an incredibly tough problem in the world of open source contributions!
This is his profile on Steem, but it's actually hosted here on Utopian.io..
It's got his custom profile design here from Utopian.io. You can see the followers and following that all come from Steem, and you can see that his posts are available here.
Now, this is his profile on Steemit with his posts: https://steemit.com/@elear
It's the same as my profile except you just go to @elear instead of @jerrybanfield.
Where does the funding come from?
Here's where the funding comes from for Utopian.io.
The Utopian.io has its own Steem account and as you can see the voting power right here is at 82% and $35, which should consistently be like this every day.
That means the Utopian.io can vote on about 10 posts a day because you get about 20% voting power a day. Therefore, it can vote on about $350 of posts every single day for any contribution made and posted through Utopian.io. This is possible because right now there's 800,000 plus Steem that's been delegated to this account from sponsors as explained at https://utopian.io/utopian-io/@elear/utopian-now-800k-sp-github-utopian-ready-and-much-more.
This effectively makes this account have about 800-ish thousand dollars of voting power. That's a lot of voting power. I've got a lot invested in Steem and my voting power is maybe like five to ten dollars.
This is a ton of voting power and the sponsors have made this possible by seeing that this is a very valuable project to bring developers over on Steem, to start getting Github developers to submit the projects that each Github developer is doing to earn rewards.
This is very good for the developers, this is very good for the Steem blockchain and this is very good for anyone hoping to use anything created by developers that's not monetized easily.
That, I'm sure, is what motivated these sponsors.
Sponsors
@Freedom is, I think, the top independent holder of Steem that's not an exchange or something like that and @freedom has millions of Steem Power. I'm grateful that Freedom has voted for me through proxy @pumpkin as a witness. That's a huge vote and for it I am very grateful!
@Transisto has also made a huge Steem Power delegation. The two combined with the rest at https://utopian.io/sponsors have effectively allowed Utopian to guarantee now a $35+ upvote even at $1 Steem up to 10 times a day!
Now, if the price of Steem goes up, the amount may go up. As the amount of Github submissions increases, then probably the price of Steem will be higher too, but you can see how all these balance out.
The first big delegation was @xeldal with 20,000 Steem Power and @javybar just gave 10,000. I delegated 5,000 Steem Power and was the fourth largest sponsor for a few days until several more came in!
Here is the full list of sponsors at the time of making this post!
@freedom
@transisto
@johnsmith
@xeldal -> Vote for witness
@cryptoctopus
@furion-> Vote for witness
@javybar
@jerrybanfield -> Vote for witness
@netuoso -> Vote for witness
@kendewitt
@ajvest
@masterthematrix
@elear
@materia
@yabapmatt
@allowisticartist
@agoric.systems-> Vote for witness
@n-ur
@masterofcoin
@iliasdiamantis
@techslut
@cmorton
@dragosroua
@unosuke
@gokulnk
@o1o1o1o
@airmatti
@ippua
@ivysrono
@nesian101
@shreyasgune
@lykkejay
@sircork-> Vote for witness
@rival -> Vote for witness
@kemal13
@hadimemories
@fakire1sadaka
@alexsm
@doodlebear
@lusanamaya
@mrrifat1
@rizal.konoha2
You can see all the current sponsors here: https://utopian.io/sponsors
What I've essentially done as a sponsor, I've loaned my voting power over to Utopian.io. That means I've given Utopian.io about $5,000 effectively of my voting power to use. Now, I haven't actually given any Steem. I've given the voting influence that I have over to this project, which I think has a huge potential to help everyone involved.
Become a sponsor
If you'd like to be a sponsor, you just click on "Delegate," at https://utopian.io/sponsors.
Now, you have 20% of the rewards generated on Utopian that are dedicated to sponsors. I would imagine that for example if the author rewards are $100 that might mean that $20 of those author rewards goes back to the Utopian sponsors and then 80% goes to the person submitting it.
If you want to delegate, you put your Steem account in here. I put my Steem account in a few days ago and I typed 5,000 in. I used SteemConnect where I put my active key in to delegate, and then it sends the Steem Power over.
Now, anytime I want to un-delegate, I use the Vessel wallet that allows me to just go in and un-delegate whenever I want to. If for some reason this project doesn't work out and no one uses it, then I can remove the delegation whenever I want to.
Steem empowers users
I'm very grateful for the Steem blockchain, for @elear and his work doing this. What makes the Steem blockchain so amazing is the empowerment of individual users to create things that are so helpful.
The empowerment of say @elear, who is essentially a brand-new Steem user in making this project is in incredible case study of what makes our blockchain amazing. If I look at his profile, he joined in September 2017. He's been on for a month and he's created a project, which has received essentially hundreds of thousands of dollars in support.
He created a platform where it's completely open source and you can see exactly what's going on. It rewards open source contributions and you can see a lot more about it if you read Elear's post.
You can see what kind of contributions you can submit.
You can submit ideas and feature requests, you can submit development, you can do bug hunting, translations, graphics, documentation and analysis, even visibility, which that's the main thing I do.
The nice thing is that Elear lists the sponsors in the post as well, and if you are a witness, then @Elear even includes a witness vote link, which is extremely helpful.
If you're going to SteemFest, @Elear is also going to be there and it's awesome because he just joined. He just joined and now look at how much value he's added within just the first month of his service on Steem.
That's why I think Steem is the most incredible blockchain. I've not seen anything at all that empowers this level of contributions without requiring an investment first. It allows each of us to simply provide proof of brain and contribute.
If you've got an open source Github project, I hope this has been extremely helpful for you to see exactly what you can do to monetize it today. If you're thinking about how you can make some contributions and earn a little bit of money, I hope this has been helpful as a starting point as well because anyone anywhere in the world who's willing to help out can learn the skills necessary, use existing skills and participate using the system I've just shown you here.
Ads on Google, Facebook, and YouTube for Utopian!
To make sure the open source community discovers this new ability to monetize contributions on https://utopian.io/, I am submitting ads to Google's display network, Facebook ads, and Google AdWords for video which shows ads on YouTube. Our advertising campaign on the world's top 3 websites will be targeted to GitHub keywords and related audiences expected to get most excited about this message! The Google display network ads will go directly to this post on utopian.io while the Facebook and YouTube ads will feature the video I made and direct viewers to go to the Utopian homepage to see the newest projects.
For every $100 in ad spend, 50,000 to 100,000 ads should show based on results from previous campaigns as seen at https://airtable.com/shrXuoYTnODWA0QG1. Funding for these campaigns is provided by witness rewards and direct contributions which are listed on the table linked in the previous sentence.
Thank you very much for making it all the way to the end.
I love you.
You're awesome and I hope to see you again soon.
Thank you for reading this blog post, which was originally filmed as the video below.
If you found this post helpful would you please upvote it and follow me because you will then be able to see more posts like this in your home feed?
Love,
Jerry Banfield with edits by @gmichelbkk on the transcript from @deniskj
Stay updated via email?
- Join at http://jerry.tips/steemposts to receive an email with every new post on Steem or
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Shared on:
- Facebook page with 2,240,436 likes.
- YouTube channel with 210,290 subscribers.
- Twitter to 104,508 followers.
PS: Would you please make a vote for jerrybanfield as a witness or set jerrybanfield as a proxy to handle all witness votes at https://steemit.com/~witnesses because 100% of the rewards I receive are spent advertising Steem? Thank you to the 1685 accounts voting for me as a witness, the 674M VESTS assigned from users trusting me to make all witness votes by setting me as proxy, and @followbtcnews for making these .gif images!
Or
Open Source Contribution posted via https://utopian.io
Thanks for your support of the Utopian project and for featuring my bot tracker in your post! I wish there were 100 times more people like you who have marketing skills to help promote steem and projects on the steem ecosystem.
@yabapmatt you're welcome and I appreciate you noticing! I was trying to give you credit in steemspeak.com on discord but you are not in there yet. Would you join us on Discord because it helps for communicating with the community and having live chats?
Sure I’ve only recently been getting into discord and I’m already in a whole bunch of different ones and I can’t keep up with it all! Having a hard time juggling all this steem stuff in addition to family and a full time job.
amazing posts
Thanks @jerrybanfield
Thanks this is amazing! Great Info Please voteup me Thank You Friend
Thanks @jerrybanfield this is amazing!
@elear we are grateful for the massive value you have added to our community within your first month of joining Steem by creating https://utopian.io/ !
Thanks @jerrybanfield. Really a bunch! I hope Utopian will be able to handle this traffic since @ned just made a tweet about Utopian as well :D. Your support gives me the biggest motivation of my life.
THANK YOU !
Dude you just boosted open source development that much more! Thank you, you're awesome! Also thank you Jerry for bringing this to my attention!
We hope @ned can do something better to help @utopian-io grow-up, as intermediaries (amongst contributor to the open source-based steem blockchain) to make a steemit more visible and more ferfect so that wil make it grow-up faster also...:)
Yesterday he made a tweet about utopian :)
Such delegate some SP maybe...:D
https://steemit.com/history/@edysukmawan/history-of-aceh-20171030t23426768z
Thanks this is amazing!
Hi Jerry, almost there...#21 on witness list! Congrats! Tomas
Tomas thank you very much for voting for me as a witness and for resteeming/upvoting this post!
Great Post ++++++++++++++great Info
Hey @jerrybanfield I am @utopian-io. I have just super-voted you at 100% Power!
Suggestions https://utopian.io/rules
-Utopian has detected 4 bot votes. I am the only bot you should love!!
Achievements
-Good amount of information. Thank you!
-A very informative contribution. Good job!
-Votes on this contribution are going well. Nice!
-You are having more votes than average for this category. Nice!
-You are generating more rewards than average for this category. Super!
-This is your first accepted contribution here in Utopian. Welcome!
-You have just unlocked 7 achievements. Yeah!
Up-vote this comment to grow my power and help Open Source contributions like this one.
@jerrybanfield love You Guy you amazing +++++++
You are the only bot that we love!
Well, there are others, but here in your domain you are king ;p
<3
Thank for your sharing....
Great post to reading...
Good job. Success is always for you my brother @jerrybanfield....
This is why I love this guy, He does so much for the community like above and beyond the call of duty. Thank you Jeyyr again for another great post full of awesome info.
VOTE @jerrybanfield for witness. This guy needs to be on top of the witness list.
Thanks Jerry much love brother
Thanks this is amazing! such a nice person and nice posts @jerrybanfield
Another great article
very Nice
Great marketing job Jerry, developers are a very important niche... Thank U
Thanks this is amazing!
This is brilliant idea "Here's a new website powered by the Steem blockchain that essentially turns a Github contribution into a post on Steem, which then pays out rewards". @jerrybanfield thanks for the detailed step by step explanation of how this works. You are doing a really great work for steemit.
As always, you are informative and I admire the amount of work you put in your posts. That is the reason why I assigned you as proxy knowing that I cannot devote time as much as you do in Steemit.
Upvoted and resteemed!
I have get more information from your post its very infromative
Thanks For Your Post
Great post keep up the good work also if you want you can follow me and comment on my post so that you can receive more up votes from me.
Hey what is it that you post about?
Do you generally only upvote those that have upvoted you?
Welcome to utopian @jerrybanfield
I'm happy having you here.
You have a wonderful post also.
Waw, awesome, thanks @Jerrybanfield. Re-steeming right away. Need to spread this gospel in my own little way
At the moment, only 86 views of this post and 595 upvotes. This is a valuable post from @jerrybanfield but about 15% (max) of voters got the idea of it as others just voted because they want curation rewards and no one from this remaining 85% gives a shit about this post.
Thank you Jerry but WTF?
https://steemit.com/steemit/@bayuya/dark-side-of-steemit-what-is-fair-and-what-is-not-am-i-bullshitting-now
These reflect autovotes from people often reading later. Check back in a week or two and the views often get much higher. Also those voting my posts early tend to earn back a good payout which often makes for a positive feedback loop for authors consistently getting posts voted up to keep earning. This does make it harder for most authors to get regular payouts which is good because those consistently contributing tend to get on autovoters in time while those just trying for a while and giving up tend to miss out.
Jerry, can you please read my first article. https://steemit.com/life/@noodlesoup/why-are-you-reading-this-contemplations-on-reading-and-how-it-affects-the-steemit-community
Its an important issue to talk about - most voting IS done by bots - whether or not people come back to read it - thats debateable.
Some benefit, others don't, same rewards pool.
What is the future of steem? That depends on commmunity answers to importnt questions like this.
Thanks @jerrybanfield for this great post. Can you look at mine? Im developer to trying to promote my STEEM blockchain windows apps. https://steemit.com/steemit/@steemitcore/steem-windows-app-steemp-net-v1-0-first-steem-blockchain-transactions-poster-app-for-windows-check-it-out
This is a huge deal for the Utopian, and Steem, community (especially the ads) - thanks a ton! Followed.
Jerry did I got it right? IS THIS SOMETHING LIKE busy.org?
Can I post from here and the post will appear on steemit.com as well?
No @anakur this is only for Open Source projects. So you can post from there only if you are making a contribution to an Open Source project
Thank you for your answer
Wow.. this is really informative and amazing sharing. Now time to me to go to work so i will bookmark this and comeback to read it in details.. Thank you @jerrybanfield. You always be a star of steemit...
Upvoted
Upvoted and RESTEEMED!
@jerrybanfield: When I this project, I'm wondering why I'm not a developer... This project seems to have a great potential!
really wonderful thanks jerrybanfield for the information I hope I can follow you continue
hi @jerrybanfield,
I WISH YOU COULD JUST TAKE A GLANCE AT THIS. JUST A GLANCE- CONCERNS OF SOME AFRICANS.
This came up in a #community challenge where people in #GHANA and Africa want to promote #STEEMIT at their various locations.
https://steemit.com/steemit/@richforever/internet-data-is-very-expensive-in-africa-major-hindrance-to-wealth-creation-in-africa
Thanks for the info...sounds interesting, sure will look into it..
Following this awesome post!
hello senior steemit member
i resteem ur post upvote n follow u r
thanks
The amount of features that are being added to steemit really surprise me. Thats why I feel that steem is really undervalued!
Good.
I like
Great Post...!! I like your contents..so much..
nice bro beg respect for me
Very interesting post Jerry! 👏
Amazing post my dear friend ,,,keep it up Thanks for sharing,,,upvoted
Great work @jerrybanfield
Am taking my time to digest this. Thank you
Amazing post dear friend.thanks for resteem.
Jerry always shares great info!!
Enjoyed reading the article above explain everything in detail, the article is very interesting and effective, thank you and Good luck for the upcoming articles.
Really very happy to say your Article is very interesting to read, i never stop myself to say something about it, you are doing a great job, keep it up.
YOU ARE A CRAZY HUMAN BEING…….!! ALTHOUGH. CREATIVE CONTENT…….THANKS FOR SHARING…..!!
Exactly what developers were needing.
Informative....thanks for sharing.
This post has been ranked within the top 10 most undervalued posts in the second half of Oct 29. We estimate that this post is undervalued by $59.62 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Oct 29 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Thanks
Just finished watching y0ur tut0rial in steemit, n0t bad.
HAVE A GREAT DAY EVERY0NE!
Great post bro.go ahead.best of luck.
Need to Chat with on steemit.chat.
Congratulations @jerrybanfield, this post is the forth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 28 and the total pending payments to posts in these categories was $1611.06. To see the full list of highest paid posts across all accounts categories, click here.
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Good👍
nice post