Seriously guys, go do some research on professional blogging. There are a lot of people out there that won't make a dime in their first year. When someone says that Steemit is broken, what are they comparing it to?
Here are some tips for making more money on your blog (sourced from Google search).
- Affiliate Income
- eBooks
- Hosting events
- Advertising
- Subscriptions
- Audience targeting
- Promotions
- Etc
Alright, so how many of us are actually doing these things? How seriously are we actually taking this whole "making money from blogging" thing? Not much (including myself).
Anyone can start a blog, which means competition is intense. Everyone wants to make money from home and be their own boss. In an ocean of bloggers, supply is very high and demand is quite low. Why are expectations not meeting reality?
Trending
How many people click on the trending tab, see obscene rewards being paid out to "shitposts", and ragequit over it?
My content is better than that content, therefore Steemit is broken.
Yeah, that's not how it works. First of all, most of us know by now that the posts on trending are basically sponsored content. If we see a post paying out $300, only a small fraction of that is actually profit due to vote-buying services. Still, the transparency of the system causes new users to ooze with envy.
It seems like an inverse relationship: the less work users put in, the more likely they are to complain. How many bloggers here put in immense effort over a sustained amount of time and still come out of it thinking our platform is broken? The ultimate question is this: is there another blogging platform with better results than Steemit? I don't see one.
The unique ability for users to tip inflation with a cryptocurrency is revolutionary. Outside of upvotes, I haven't received any tips for my blog. This leads me to assume that if I had been writing elsewhere, I would have made zero dollars by now.
That's another thing: dollars. Other blogs are paid in fiat. Fiat is controlled by central banking. Unlike USD, we have a very good idea of what our inflation over the next year is going to be.
Steem is not a blogging cryptocurrency or a social media crypto. Steem is simply a blockchain that stores raw text and Javascript. Unlike other blogging platforms, Steemit is bound to start experiencing a network effect with all the other products being created here.
At first, we had very limited functionality: blog and speculate. Now we have @dtube and @steemmonsters and @actifit and a hundred other projects in the works; all tethered together by a single currency. The network effect is real, and it's only a matter of time before users are earning digital assets in one place and spending them in another. This creates a more closed loop that captures value for the entire platform.
When I first got here a year ago, no one talked more trash out Steemit than I did. All I saw was a big broken thing that needed fixing. Now I see the situation is much more nuanced than that.
The most important thing I've learned is this: When you compare Steem to the ideal version of itself it's always going to fail and fall short, but when you compare Steem to the other options available, it looks better everyday.
Return from Steemit is an Incredible Success to edicted's Web3 Blog
