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Home Blockchain

Instead of YouTube and Instagram. How to make money on blockchain alternatives

Admin by Admin
03.06.2022
in Blockchain
17 1
0

Reading time: ~2 m


There are many blockchain platforms for freelancers, bloggers, as well as streaming and publishing videos. We tell you how best to take the first steps when getting acquainted with them

Along with the blocking of many popular platforms for online earnings, Russian residents have significantly increased interest in blockchain alternatives. At the same time, blockchain platforms for freelancers, bloggers, streamers and video content creators have existed for many years and have their own, albeit small, audience.

The lag of such platforms in the field of user experience, content diversity and the constant drop in the rate of tokens of the projects of the described platforms are compensated by a number of advantages. There are several main categories of blockchain platforms for part-time jobs on the Internet.

Platforms for freelancers

www.adv.rbc.ru

Most platforms for freelancers are job markets that bring together employers and job seekers. There are both technical and socio-cultural differences between blockchain platforms and ordinary ones. The technical features will include: the process of registration, publication of ads and receiving rewards for the work performed – all of the above will occur on the basis of smart contracts.

To use the service, users usually only need to install a browser extension of the desired blockchain, the public address of which will be the user’s identifier. All actions on the platform are stored on the blockchain and in some cases cannot be changed, so users are advised to be careful when compiling ads so as not to regret their content, for example, after a few years.

Another distinctive feature of such platforms is the popularity of vacancies related to the blockchain and cryptocurrencies. In order for the specified experience of users in the profile to be the most relevant, it will not be superfluous to describe in more detail as many connections with the blockchain industry as possible and talk about their participation (even as a user) in various projects in your resume.

Different from many classic freelance platforms that have centralized management, can also be the decentralized nature of the choice of vectors for the development of the platform itself. For example, users ethlance.com have the opportunity to influence decisions on the development of the project through voting and other mechanisms of the community management portal district0x.io.

Platforms for bloggers

There are a huge number of different projects trying to implement the idea of blogging on the blockchain. The most popular and long-functioning of them are blogs based on the Delegated Proof of Stake consensus algorithm – steemit.com and its fork hive.blog. The latter is also a rare example of how a fork can become larger in capitalization of the original network itself, if the most significant and active part of the community decided to separate.

The key difference between blockchain blogging is that the author’s fee is not directly related to advertising – one of the main sources of income for classic bloggers. Payments for posts to the authors of the above-mentioned blockchain blogs depend on the number of votes received (upvotes), while the total amount of voting force of the voting accounts plays an important role in the amount of payment.

The new number of coins created over a certain period of time is distributed among all bloggers depending on the votes collected by their materials. A certain number of created coins are also received by bloggers who voted first for materials that subsequently gained many votes and became popular. This motivates users to be the first to search for interesting posts and thus curate valuable content.

There are also a large number of applications that function on identical principles, but focus on photos (analogue of Instagram, video (analogue of Youtube), open source projects, memes, etc.

To attract a valuable voice of a user with a great reputation and voting power to his post can help the desire reflected in the material to somehow contribute to the development of the platform, or voiced ideas to solve the existing problems of the ecosystem.

Video and streaming platforms

The last two years have been marked by the departure of a large number of content creators from the once almost uncontested Youtube. During and after the US presidential election, some supporters of the Republican Party left the platform as a result of blockages. Then the search for alternatives was taken up by those who disagree with maine.a streaming position on the pandemic and vaccination. In recent months, the list of those who left Youtube has been replenished with some pro-Russian channels and citizens of the Russian Federation, the monetization of whose accounts was suspended by the platform as a result of sanctions.

Blockchain LBRY Credits (LBC) and its video hosting odysee.com allow you to receive cryptocurrency: for watching videos, in the form of donations, or in the form of direct payment for the created content. The convenience of the platform is that users can set very small prices for watching their videos (less than a cent), instantly receiving payment to their wallet, which when using a traditional banking system would be excluded due to transaction costs.

The Contentos Blockchain (COS) and its cos.tv service offer a wide range of roles and rewards for members of the video hosting ecosystem. In addition to donations and direct content sales, video creators receive tokens for the number of views of their material, and can also independently manage the parameters and price of advertising in their works.

Content distributors receive rewards for distributing videos to a suitable audience. Video curators earn money for marking inappropriate and malicious content (financial pyramid schemes, calls for violence, etc.), as well as for sorting videos into categories, which allows for more convenient navigation on the platform.

Blockchain Theta (THETA, TFUEL) and its streaming platform theta.tv popular among gamers. The service allows you to receive rewards in the form of donations and even just for viewing streams of other users. In this case, while watching, part of the unused bandwidth of the user’s Internet connection is used by the platform to redistribute the data volumes of other streams, which, according to the original idea of the developers, should improve the quality of video broadcasts for service participants who do not have access to a high-speed connection.


#YouTube #Instagram #money #blockchain #alternatives

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