Socialize to Earn Crypto
Photo by Alexander Shatov on Unsplash
Socializing is fun both online and in real life. However, companies have been making money out of your online socializing. Wouldn't it be amazing if you could make money too for the content you create? Well, these innovative platforms are giving you just that.
Flote.app
THE WHAT?
Flote is a social media platform where users can blog, vlog, stream, chat and and post anything
There is no censorship on any post you upload unless a complaint is lodged by users with proof of violation by another user
Users have the ability to monetize and create tiered subscription levels to allow access to paid posts by subscribers
THE HOW TO EARN?
Ways to to monetize your content are by simply sharing content with referral links, offering subscriptions, and accepting livestream superchats
Users are paid by the $FLOTE token for any in platform monetization methods
The token is still not launched yet (as of writing this article)
Flote does not charge any fees on your monetization
- Read.cash
THE WHAT?
Read Cash allows you to write and create content as either simple social posts or full blown articles
The operation is quite easy; all you have to do is write blogs/posts on any topic and readers will vote for them
Readers will tip Bitcoin Cash ($BCH) incentives will be given out based on those votes. $BCH is an asset that typically appreciates in value over time, and thus, your earnings are in 'good hands'
THE HOW TO EARN?
You may earn Bitcoin Cash with Read Cash in two ways:
a) By posting your own posts
b) By leaving comments on other's posts
Users can help you by commenting, voting and tipping you for your posts
- Memo.cash
THE WHAT?
Memo.cash is a decentralized social media network based on the Bitcoin Cash blockchain that pays out in $BCH to its users
The platform is available as a web and mobile app
THE HOW TO EARN?
You can use $BCH to buy and sell $SLP tokens as well as post text, image, and video postings
With $BCH, you can also tip and be tipped
- Steemit
THE WHAT?
Steemit has revolutionized social media by establishing a real, breathing, and expanding social economy
It's community where members are compensated for sharing their opinions - a fresh take on the attention economy
THE HOW TO EARN?
Writing and posting content is the most common way to earn money on Steemit. There are no restrictions on what you can write
You can earn on Steemit simply by commenting and upvoting
- Minds
THE WHAT?
Minds.com is a blockchain based social media website that is taking on Twitter and Facebook
In many ways, the site was formed in response to censorship and data mining allegations that have plagued other social networking platforms for years
Sites like Facebook and Twitter keep track of everything we do and sell that data to advertising
THE HOW TO EARN?
Users are able to earn $MINDS token by posting, commenting, receiving upvotes (similar to "Like" on Facebook) and also inviting others to join the platform
Users can boost their articles and channel using the token rewards, which is similar to paying for advertisements on Facebook fanpage
- BitChute
THE WHAT?
BitChute is a video hosting service launched in January 2017
It is known for fostering hate speech and accepting far-right extremists and conspiracy theories
Some BitChute authors have been banned from YouTube; others cross-post content to both platforms or just use BitChute to upload more extreme stuff
So stay away if you don't like such stuff or mingle with such individuals
THE HOW TO EARN?
Most importantly no good revenue is available here, if you upload videos here, you get 2 options for paid or free uploads
You can set the number of your videos in Paid Upload and if someone buys you will be paid
For Free Uploads you can only earn via affiliate marketing
- 3Speak
THE WHAT?
3Speak is a platform where content creators own their onsite assets and communities directly
These assets and communities are owned by the developer and the user, and not 3Speak, thanks to decentralized blockchain technology
THE HOW TO EARN?
You can create videos on just about anything and upload them to the site
Users can earn $HIVE tokens and get donations in the $SPEAK token by utilizing the site
You have more privileges in the ecosystem if you have more of these tokens
The more tokens you own, the more control you have over the platform's governance and future
You'll need a Hive blockchain account to receive rewards
- Diamond
THE WHAT?
Diamond is a place where creators and their audiences can come together to create engaging communities centered on content, incentives, and ownership
DeSo (Decentralized Social Blockchain) was used to create this project
THE HOW TO EARN?
Mint NFTs in a few clicks: You can make an NFT out of every post you make on Diamond. They're also almost completely gas-free
Send diamonds as gifts: You can send people real money with tips ("diamonds") instead of "Likes"
Purchase creator coins: You can buy and invest in creator coins (social tokens) on any profile
Obtain the founders' reward: Set a proportion for founders' rewards to collect revenue when someone buys your social token
Airdrop your NFTs: With an airdrop, you can easily give NFTs to your early adopters and most devoted supporters
- Ecency
THE WHAT?
Ecency is a decentralized social network where people can express themselves freely and where content creators can be compensated for their work
It is an uncensored, user-controlled, irreversible, and open source alternative social network as per the creators
It is similar to Hive blog or steemit.com, which operates independently on its own block
THE HOW TO EARN?
You may earn crypto rewards by submitting subjects and commenting on other people's posts on Ecency
However, to upload material or remarks on Ecency, you only need to increase your HP (Hive Power)
You can fund using your cryptocurrency wallet or bank account
Or you can earn for free by utilizing your free post count and steadily building your reputation
Ecency users can upvote your post or comments, earning you $HBD (Hive dollars) and Ecency in-house points, which can be converted to $HBD or HP to improve your reputation on the site
- Odysee
THE WHAT?
Odysee is a centralized platform similar to Youtube that organizes and moderates content on the LBRY blockchain
You know how awesome Youtube is, right? Creators are paid based on how many views their content gets
They can upload whatever they want without fear of being censored, and users are shown stuff based on what they've already watched
THE HOW TO EARN?
You will earn $LBC, the native token of the Odysee platform and will depend on the number of views or what you assign to charge them
When someone watches a video you've posted, you can charge them any amount of $LBC you like. This is the most popular method of earning money on Odysee
- Only1
THE WHAT?
Only1 is the first Solana-based web 3.0 social platform
The NFT marketplace and creator staking pools on the network provide an on-chain creative economy, ensuring that creators and viewers are fairly compensated
THE HOW TO EARN?
A place where all the trade happens in Only1 - creators and users can sell/trade their Genesis-NFTs, Content-NFTs, INO NFTs, and other NFTs on our marketplace with our native token $LIKE
Users can stake their $LIKE tokens into any of the staking pools for the creators with varying APY rewards
- COS.TV
THE WHAT?
Contentos is a public blockchain initiative with the goal of revolutionizing the global content value ecosystem
Content can be freely produced, authenticated of copyrights, distributed, and transacted, in order to return power and value to producers and their fans on this platform
Contentos has teamed up with prominent social media platforms, LiveMe, Cheez, and PhotoGrid, to gain access to tens of millions of artists and users worldwide
THE HOW TO EARN?
Become a creator
a) As a creator, post a video on COS.TV
b) The more likes you receive within seven days of the publication, the more incentives you get
c) Make heartfelt videos, communicate with your admirers, and entice them to send you Gifting Votes
Invest in $COS on an exchange like Binance by swapping or trading $BTC or $USDT and stake it in the Binance Earn platform
- Twetch
THE WHAT ?
Despite being centred around games, over the years, Twitch has evolved into other categories
where you can see people vlogging live, cooking, creating art, gambling, making music, singing, and much more, making the platform one of the most popular forms of online entertainment
The 'Just Chatting' section especially, is the one that gains the most traffic, even though, in most cases, it's just the streamer casually sitting and talking to their viewers
THE HOW TO EARN?
Join the Twitch Affiliate Program
The Twitch affiliate program is a popular way to gain cash on Twitch
You can become a Twitch affiliate if you stream consistently (at least seven days with three concurrent viewers or more)
As an affiliate, you can earn money from certain games and game sales, as well as through Twitch Bits
Brand sponsorships
Brand sponsorships enable many successful Twitch streamers to make money streaming
For example, sponsorships could include selling games and in-game products, as well as collaborating with game creators to generate exclusive content
During streams, ad income is generated
Twitch streamers can potentially make a lot of money by placing adverts on their streams
Twitch ads include video advertisements such as pre-roll and display advertisements that viewers see during the show
Streamers receive a percentage of advertising revenue when they run adverts during their programming
DISCLOSURE:
None of these articles constitute financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, "Change is the only constant", so if anything sounds old or off please holler on the socials or comment here so everyone stays peeled.
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