5 Platforms That Pay Writers for Content in 2020 – Part 2

Sequel to this post where I wrote about PublishOx, in this post, I’ll write about Steem, the 2nd platform on my list.

So, what is steem?

Steem is a “social blockchain” that rewards its users for creating and sharing content. That’s not all, if creating content is not exactly your thing, you can also get rewards for curating content i.e. identifying good quality content and upvoting them.

A. Content creation

When you create and share content (text, videos, podcasts, audio etc) on a Steem-based app (Steem Monsters, Steemit, eSteem, DTube, Busy and 81 others), you get upvotes from community members. These upvotes give you a share of the ‘rewards pool’. How much you earn however depends on how much Steem Power you have.

B. Content curation – Upvote high quality content to earn rewards

If you find high quality content on a Steem-based app and you upvote it before it becomes popular, you earn a reward which is determined by the amount of rewards the post earns over time.

My candid opinion

Observing eSteem, a Steem App, you’ll see that earnings are far better than that on the PublishOx platform. Going through, I found less than 1 day old posts that had already earned above $150. The post in the screenshot below had earned over $21 in less than 1 hour. Although these are “potential” payouts and actual earnings may differ, its obviously more profitable creating content on Steem than on PublishOx.

Additionally, Steem is not only older than PublishOx but also has more users, making it a better place to network and share content. Also, the team behind it has put in quite a lot to get the platform to where it is and appear to be unrelenting in making it a social network to reckon with.

Kudos to Steem, kudos to the Team behind it (I think they are really doing a great job) and finally, kudos to you for reading through :). Kindly show your support by liking and sharing. Also, don’t forget to subscribe for the best tech tips, news & hacks!

Featured image credits: Capri23auto from Pixabay