Did you know you can safely and easily earn crypto currency by posting your content? This is not an article about how to get rich quick or give you generic tips for 2020's best side hustles. This article is about controlling and making money off your content. We all already post content on platforms like Facebook, Instagram, Youtube and Twitter everyday. However, who's making all the money off that content, You? Rarely, are you making any money off your posts.
So what if I told you could shift from posting on those sites and start posting on HIVE where you own and get paid for your content. Sounds too good to be true, right? Well how it works is pretty simple you post pictures, blogs, or videos to the site and other Hive users like you posts.
Seems similar to other sites, but what's different here is each user's like has a cash value. That value is shared on your post and you collect rewards and so do those who voted for content.
Think about all those Instagram likes you currently get, but now you get paid for each like. It seems too good to be true, but it's not on Hive!
Now that I have you interested, let me get into some of the details. Hive is an open-source blockchain, forged in years of development to bring Web 3.0 to the world. With a diverse community individuals can experience true ownership of content in a decentralised way.
Hive has a thriving ecosystem of apps, communities & individuals, leveraging the Hive blockchain technology & decentralised structure to empower the user.
Hive Blog
For this article we are focusing on how to make money on https://hive.blog/ which is the blogging aspect of the Hive blockchain. There are two types of rewards for blogging.
Posting Rewards
This reward type is other users liking you content. The value of their likes add up paying you for your content.
Consumer Rewards
The second more interesting type of reward is the consumer or curation reward. Curations rewards are paid when you like posts and comments.
To try to draw a few more people over from the search engines, I'd like you to write a blog about curation rewards. But, I would much rather they be named consumer rewards. I recently on-boarded a new user, and they were much more OK with this term. So all those likes on your post are not only making you money it’s make the likers a little too. It’s incentive to find and like good content.
At this point you may be asking were does all this money come from? It comes from users Hive Power (HP). The Higher the hive power the more your like is worth. To get hive power you can purchase Hive to convert to HP or you can grow and earn it from your post.
So does likening posts take money from you? The answer is No! Liking content only decreases your like value temporarily. Therefore, the more you like the less those likes are worth, but have no fear it does not take any money from your account you will just have to wait for you like to recharge it’s value. That’s the amazing part about the hive blockchain technology.
Don’t take it from give it a try yourself there’s nothing to lose.
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