You’ve been running your blog for months now, devoting countless hours every week producing quality content yet you’re still making less than your average fast food employee.
You started blogging as a way to escape the 9–5 rat race and give you the freedom to make a living that wasn’t tied to one location. You didn’t expect it to be this hard though!
You’ve even had some blog posts go viral resulting in a decent following and some steady traffic. Yet here you are still not earning money from all of your hard work. Sure, you tried monetizing traffic using ads but the payout from that is so low it’s borderline insulting.
You tried putting ads on your blog but you need to have a very high traffic blog to make even $100/mo in ad revenue. You tried affiliate marketing but it’s a lot of work trying to find quality products to sell as an affiliate when all you want to do is focus on blogging! Sure you could create your own products to sell, but you don’t know how to do that, you just want to blog! Monetizing your blog is just way too complex and you wish you didn’t have to deal with.
What if you could simply focus on your blog content and earn money based on how many people actually liked that content?
Imagine if getting paid for your content was much more straightforward, and was determined by how much value others found in your content. Imagine being able to make money by focusing on giving value to your audience without selling anything or charging for your content. That would surely be a beautiful thing wouldn’t it?
I’m here to tell you that this dream is in fact a reality. I too struggled making money from blogging, that was until I stumbled across a new way to make money from your content that involved no selling, and no ads. It's a new type of blogging platform that I share just below!
In this report, I’m going to show you how to use a revolutionary new blogging platform called Steemit.com. I personally made $500+ overnight just by publishing this one blog post on Steemit.com. To date I’ve earned over $1k on Steemit from my blogging efforts.
There are 3 ways to earn on Steemit.com; as an author, a commenter and as a ‘curator’. The platform itself is like a mix between Medium.com, Reddit and Tumblr. The main difference? Steemit is a blockchain-based social media platform that generates the crypto-currency called ‘steem’, currently at a rate of a few thousand dollars a day. The steem generated is then rewarded to miners aka ‘witnesses’ who support the network, similar to bitcoin, but unlike bitcoin, rewards are also distrubted to authors, commenters and curators on the Steemit.com social media platform.
On Steem.io it explains, “Collectively, user-generated content has created billions of dollars worth of value for the shareholders of social media companies, such as Reddit, Facebook, and Twitter. Steem supports social media and online communities by returning much of its value to the people who provide contributions by rewarding them with virtual currency.”
The important part to know is that you can earn serious cash by posting great content and this guide is going to show you the quickest route to publishing and cashing out your steem rewards to USD cash in your hand. Cashing out to USD is optional of course, but I’m sure you’ll want to liquidate some of your steem if you earn enough.
So how exactly can you earn rewards? The following image is a quick breakdown taken from http://steem.io:
At this point, if you’ve already created an account on Steemit.com and have taken a look at your wallet, you maybe be confused by the 3 different types of steem mentioned. It’s really quite simple once it’s explained in detail.
Steem is the default form this cryptocurrency takes. It’s the most liquid of the 3 meaning you can easily send steem to other people or exchange it for other cryptocurrencies immediately. You’re exposed to normal price volatility of steem, which can be good or bad depending on which way the price is swinging. You can see the current value of steem here.
If volatility makes your stomache turn, you should hold your steem in the form of steem dollars, their value is much more stable than steem itself. Each steem dollar is worth aproximately $1 USD, which is where they get their name. You can see the current value of each steem dollar here.
Just by holding your steem dollars, you can accrue a 10% interest. You can calculate your steem dollar interest using this nifty calculator here.
Rewards paid out to authors, curators and commenters is paid out 50% as steem dollars and 50% as something called ‘steem power’ which I will explain next.
If you’re looking to invest long-term in the steem/steemit ecosystem then you should hold your steem in the form of ‘steem power’. Steem power is a system designed to inspire more long-term growth and commitment due to it being less liquid. Once you ‘power up’ your steem and turn it into steem power, it can take up to 3 months to ‘power down’ your steem or turn your steem power back into steem or steem dollars. Powering down will release your steem power in the form of steem at a weekly rate determined by how much steem power you have invested.
So why own steem power? For starters, it gives you more voting power and increases the rewards you can earn by authoring content, commenting or curating on the steemit platform. Half of the rewards you earn as a author, commenter, or curator is paid in the form of steem power too, so if you use steemit at all you’ll probably end up owning some. You have the choice of having all of your rewards paid out in the form of steem power too if you want.
The price of steem power is tied to the price of steem itself, so it’s more volatile than the steem dollar FYI.
Still having trouble understanding the different forms of steem? Maybe this power plant analogy will help you understand it better:
That about covers the basics of Steemit and should be enough info to get you started making money on this exciting new platform immediately!
I’ve created a special video walking you through the fastest way to turn your steem into cold hard cash in your hand.
Click Below To Get Immediate Access To This Video For FREE!
To Your Success, Wordfizzle Team
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