Make Money with Steemit
Dear Steemians!
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How It Works
Authorship – Every post you make can be voted on, and is eligible to earn financial rewards in the form of Steemit’s internal currencies. Comments you make can also earn money if they get upvoted.
Curation – For every post you upvote you will receive a percentage of that post’s value at the end of the week. Posts are divided up between the author and their curators at 75% and 25% respectively.
If a post has many curators, then obviously your chunk of that 25% will be smaller. However the opposite is also true and many people make money each week just by targeting promising posts without too many curators already attached.
Payouts from each post, comment or upvote you make are made on a weekly basis. After one week, your post stops being eligible for payouts, so if your post doesn’t grab attention in the first seven days, then your opportunity for earning disappears.
This is because of the large amounts of data that would have to pass through, and eventually clog up the blockchain if every single post on the network was constantly being updated and transacted upon for the entire time it remained on the site.
