3/6/2024 0 Comments Earn money network review![]() They could do an ICO launch and then distribute the coins and integrate the new crypto so that their user base would have an additional way to earn on top of the affiliate program, ad revenue, and pay wall content. Since STEEM / STEEMIT is open source I would take that code and launch a new crypto based on it and distribute coins to people who have a lot of points already in their system.Steemit has a huge advantage in that it has STEEM backing it and that there is an incentive to purchase STEEM and power it up. Also Minds had an encrypted chat service built in. I felt that the layout was very clean on Minds. It seems like simple things but people really like to have the banner art. On Minds I liked the fact that there are groups and also that you can put banner art in your profile. Steemit has to reinvent the wheel on a new technology. I feel that is one of the reasons why Minds has some features that would be cool to see on Steemit. Database driven sites have been around longer so there is a little more of a proven track record. Minds is open source but isn't blockchain based. Steemit Can Learn From Minds and Minds Can Learn From Steemit If Minds got a lot bigger and a person wanted to manage a subscriber list on there where people paid each month for exclusive content someone could earn more obviously.Īnother thing I wanted to note is that they had it organized so that a blog post was different then a regular status update or tweet type post which I thought that was interesting. Basically it looked like he had earned $3.92 in the last 7 days. ![]() ![]() The version of Minds wrote a post on there about how he was earning more on Minds than on YouTube. Then you are taking 80% so you will basically get $0. Just keep in mind that most ad services like this are going to equate to $1 / 1000 views. Here is a look at the bottom of the post. Here is a look at a blog that was monetized on there and where the ad placement is. I'm not sure if this allows people to boost their posts more or what. It almost seems like people can buy their 10,000 points for $10 each month. I don't think it will have an monetary value in the future it is just a gauge of how engaged a person has been on Minds. The points system to me seems kind of like the reputation system on Steemit or like Reddit Karma. You have to put in why they should let you do the ad revenue portion. ![]() So you have to apply for monetization and right away you get the ability to do the affiliate program. P2P Boost sounds cool because it is basically like a sponsored resteem or retweet situation. That is pretty good considering YouTube's split is 45% for Google and 55% for creators. Ad revenue is interesting because the split is 80% for the creators and 20% for Minds. Wire seems like it is where people can tip you but upon further exploration it seemed like that is a pay wall you set up so people can read your post. It is an interesting concept but I feel that will mainly work in a situation where you are giving money making advice like real estate or stock tips type content. The exclusive portion reminds me of Patreon where people can support you each month but it almost seems like they will get to see exclusive stuff that won't be posted other places. Here is my affiliate link though if you are interested in signing up. Can you imagine if you could earn that on the lifetime of the accounts you referred? That would be pretty insane and I don't know if it would be sustainable because that is actually more than they keep on their ad revenue which we will go into in a moment. They don't really say if there is a time line on that. The Affiliate program is looking pretty generous at 25% of the revenue they generate. Minds was more interesting because there were several ways you could potentially earn money. Gab looks like an open source version of Twitter but the ability to have a little longer "Gabs." It didn't look like you could earn money there. I had actually never heard of either one of them. I consider myself pretty knowledgeable about social media but this morning I checked my feed on Steemit and had a short post asking if anyone knew anything about Minds or Gab.
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