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How Much Money Can You Earn On Blockchain Social Media?

Scott CunninghamApr 15, 2019, 3:57:34 AM
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People are struggling with monetization requirements being constantly raised as well as creators being demonetized for holding views that the platforms disagree with. Blockchain integrated platforms have been able to solve these issues by rewarding you based on every interaction. There has been a decline in the active users on Steem, but this report will show why I still believe it’s relevant and has the most potential to earn a profit. It doesn’t make it the best; it all depends on what your motivations are and where your values lie.

In this blog I will share one post that was successful across all the platforms I shared it on and what profit I made based on those engagements to give you an idea of the profit potential of each major platform that I endorse and use.

The post was titled “Are Blockchain Games Profitable Or Even Worth Playing?” with this image

On all legacy platforms like Facebook, Twitter, Linkedin, and Medium. I made $0 because they don’t allow you to easily monetize unless you have a huge following or have major social influence. I also shared it on Gab, but you can’t monetize on there. The rest I will list below and link to the post on each respective platform.

Earnings:

Steem - $59.76 estimated value https://steemit.com/blockchain/@scottcbusiness/are-blockchain-games-profitable-or-even-worth-playing - I earned $56.54 which came to about 60 SP and 29 SBD which currently is valued at about $59.76 from 72 upvotes and the massive one coming from Blocktrades. This isn’t regular that I pull in almost $60 from a post. Typically I get upvotes

Minds - $0.45 estimated value - https://www.minds.com/scottcbusiness/blog/are-blockchain-games-profitable-963266556780011520 - 44 upvotes which earned me about 2.85 MINDS tokens which are worth about 5-15 cents so a max of 45 cents.

Uptrennd – Unverifiable $3.50 value - https://www.uptrennd.com/post-detail/are-blockchain-games-profitable-or-even-worth-playing~MTE1Njc - There is no way to know unless you go through your point history and count everything so I will assume that based on me being level 10 and receiving 1.9 points per upvote and having 37 upvotes I can conclude that I earned about 70 points not considering comment reply upvotes. There is no withdraw feature yet, but technically 100 points are supposed to be valued at $5. We will know how this holds up when this becomes possible. Their token is the 1 UP token.

Sapien – $0.12 estimated value - https://beta.sapien.network/post/z8dAvJhzWa1r5SNRsm6sDAUwH12VgdRcs - Note that I’m not a huge fan of Sapien as it has so many issues, but I’m trying to test it a bit considering I think it still has potential. Earned 121.95 tokens worth $0.001 each

Publish0x - $3.24 estimated value - https://www.publish0x.com/at-scottcbusiness/are-blockchain-games-profitable-or-even-worth-playing-xkmgl - Post was trending and I earned over 2000 HYDRO

There are many other platforms that will give you crypto for your posts, but they are not the greatest in my opinion or worth using in their current states.

Again, while I don’t think the best platforms necessarily have the highest payouts, it’s clear that all the profit potential lies in Steem which I feel is relevant to point out with all the disdain being thrown its way right now.

My post trended on Publish0x, performed well on Uptrennd, as well as Minds and Steem. These were the results of what you can earn from a successful post. I hope this gives you some insight into earning potential on various major blockchain platforms. Always consider it could have come down to timing amongst many other variables, but I do feel this shows an interesting difference in the various monetization potentials.

Let me know what you think in the comments.

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