Get Paid to Create Content

When you post to Get Paid to Create Content
When you post to social media — such as Facebook, Reddit, Google+ and Twitter — when you upvote, like and favorite, you do not get paid. But that’s about to change.

Steemit is a blogging-centric social network where you DO get paid for creating and upvoting content. You can build a following, find patrons and grow your wealth, all while doing the thing you love: creating valuable content.

Take note: Steemit is not some fly-by-night Ponzi scheme. Steemit is about building a community of high-quality people and financing the production of the highest quality content.

Steemit requires no initial investment in order to participate. It’s free to use and you’re not spending your own money when you upvote content you like.

Steemit is just the first minimum viable product on Steem, a blockchain-based social economy. The Steem developers have bootstrapped an entire economy, complete with its own crypto-currencies. Steem is peer-to-peer, decentralized, uncensorable and therefore unstoppable.

So it’s a good idea for you get started with Steemit — and Steem — now.

Steemit is good for redditors, Facebook users, bloggers, videographers, teachers, YouTubers, artists, film-makers — anyone who is creating content and would like to be paid (more) for it. The Steemit community is supportive, helpful and constructive.

Do you want to work with intelligent, positive people who are building something meaningful for the future? Yes? Then Steemit is for you.

If you’re seeking a short-term payoff with low-quality content that you slap together with little effort, Steemit is not for you. You will be downvoted, ignored and frustrated. Your reputation will not grow and will likely decline. You will not earn any significant amount of money. You’ll be wasting your time.

You can earn a short-term payoff with quality content. Many people have already done this. But Steemit offers greater rewards to those with a long-term perspective.

There are also opportunities for developers to build apps rapidly on the Steem blockchain.

By the end of this post, you will know enough about Steemit to get started earning cryptocurrency — currency, like Bitcoin, that you can convert into US dollars, and other fiat currency, and spend on groceries, rent, travel and more.

The Steem system has a lot of moving parts, so keep reading to get a head start. It’s taken me several weeks to research this, get familiar with the community and to put it all into this easy-to-read guide you can master in less than an hour.

The Steem system is evolving to better meet the needs of its users and the goals of its developers. You can get infrequent email updates from the author (George Donnelly) by entering your primary email address here. There’s zero spam and an instant unsubscribe link is in every email.

Why Steemit Matters

Why is Steemit important? What can Steemit do for me? Great question!

Steemit is like Reddit or Medium, but you can earn equity and cash, and hold debt (thus earning interest), through your interactions with the system.

Steemit enables you to earn cryptocurrency by creating content, curating it, mining, trading and even just by holding two of its three currencies.

Steemit has the potential to handle many times the traffic of Reddit, a popular site for unbridled discussion that has, in recent years, seen significant censorship.

Steemit is resistant to nation-state and corporate censorship because it’s built on distributed ledger technology (DLT, or a blockchain). Like Bitcoin, it will be very hard to shut down or disrupt for any significant amount of time.

Steemit is meritocratic. The more you invest — either by investing your earnings or by bringing in outside investment — the more powerful your upvote is, and the more you can earn from upvoting and creating content. No investment is required, however, in order to use, or even succeed with, Steemit.

The more quality content you post, either as blog posts or comments on blog posts, the more followers you will gain, the higher your reputation score will go and the more rewards you will earn.

You might make hundreds of dollars from your introduction post alone. And I can help you do it.

Steem is also a solution to the micropayments problem because there are no transaction fees on the Steem network.

Start today (August 2016) and get about USD$5 worth of Steem cryptocurrency free. Unlike with other cryptocurrencies, you don’t have to spend your own money to get started.

But don’t wait. This could change.

What Steemit is

Steemit markets itself as a blockchain-based internet based life system and it's based over Steem, a total, decentralized social crypto-economy.

Steemit is based on the Steem blockchain—this is like the Bitcoin blockchain, yet is separate from it. Another name for blockchains is dispersed record innovation (DLT). This implies it's a disseminated database — loads of individuals hold duplicates of it that discussion to each other with a specific end goal to remain forward. Records are added to the blockchain in successive request. These records, or squares, once added to the database, or chain, can not be changed. They are unchanging — perused as it were.

Steem is shared. There is no focal control. The designers, be that as it may, keep up tremendous impact over Steem's course.

Steem resembles Bitcoin, Ethereum and different cryptographic forms of money, yet is quite part more.

Though Bitcoin diggers win square rewards by taking care of troublesome math issues — called target evidence of work — Steem rewards clients for subjective verification of work: the creation and curation (upvoting and hailing) of substance.

This is novel. What's more, it opens up a great deal of potential outcomes for you to win digital currency, most strikingly through substance creation and curation.

Three Steem Currencies

Before you can gain Steem money, you have to know how Steem's three cryptographic forms of money work: STEEM, Steem Power and Steam Dollars.

STEEM

STEEM is the basic cash of the framework. It's unpredictable, subject to inflationary misfortunes (its supply increments 100% every year) yet additionally effortlessly replaceable for Bitcoin and different cryptographic forms of money at BlockTrades, Bittrex and OpenLedger.

STEEM is a possession token yet is just votable when vested as the second money — Steem Power — in a procedure called controlling up (see beneath).

Steem Power

Steem Power (SP) is STEEM that has been put into the system as value (a procedure called controlling up). It can be changed over back to STEEM (a procedure called shutting down) in 104 equivalent portions dispensed once every week.

This rate-constraining of SP withdrawals boosts you to build up a long haul point of view for your interest in the Steem organize. It likewise fills in as security against programmers.

One-STEEM (vested as SP) is basically one-vote. The individuals who contribute the most get the opportunity to choose which content is to be esteemed all the more exceptionally.

The upvotes (and banners) (see content curation underneath) of clients with a great deal of SP are worth more than those of clients with moderately little SP, so this is anything but a popularity based framework yet a meritocratic one. Truth be told, those with zero SP can not vote by any means.

This makes a motivating force to utilize your upvote in a way that "augments the long haul estimation of" your STEEM.

90% of new STEEM made (by means of expansion) is dispersed consistently expert rata to holders of SP. This is a great motivating force to change over your Steem Dollar income to STEEM and power them up to Steem Power — on the off chance that you put stock in the long haul suitability of the Steem arrange.

In this way, clients with a long haul vision are remunerated more than those with a transient point of view.

The other approximately 10% of STEEM that is made by means of expansion is dispersed as prizes and consequently changes the possession conveyance of the system — yet gradually.

SP property are consequently not subject to swelling, generally, in light of the fact that SP is always winning enthusiasm for the type of that 90% of recently made STEEM.

Steem Dollars

Steem Dollars (abridged as SMD, SD or SBD) are imagined as here and now obligation instruments that are pegged 1:1 with the US Dollar.

By holding SMD you are "viably loaning the network the estimation of a dollar," which upgrades development, as indicated by the white paper. So SMD pays 10% yearly intrigue when the estimation of 1 SMD is under $1 USD. Check the present market cost at SteemDollar.com.

For each SMD made, $19 USD worth of STEEM is made as Steem Power, so the most extreme obligation to-proprietorship proportion of the Steem arrange is around 5%. This could increment if the estimation of STEEM falls in the commercial center yet ought not be a noteworthy concern.

Who Benefits from Steem?

In case you're willing to be social — to share of yourself — then you can prevail in the Steem social economy.

Steem is a progressive leap forward for content makers who need to get paid. Facebook, Twitter and Reddit don't pay you. They profit from your diligent work.

At YouTube, a few makers can procure a level of Google's interpretation of the Adwords promotions Google presents to your watchers. You must gain a huge number of perspectives all the time, however, in the event that you need to earn substantial sums of money.

Steem is extraordinary. It's a total economy that pays you to make an incentive for buyers as substance — content you may as of now be making in any case.

In case you're not inspired by making content, you can at present profit (paid in Steem Power) curating with an insignificant every day time speculation, since your curation rewards decrease following 20 upvotes per 24 hours in any case.

Remember that Steem isn't simply one more channel for dumping nonexclusive substance you as of now make — despite the fact that you can even now get paid for this, if custodians choose to help you.

The best-paying substance right presently is media that identifies with yourself, by and by, and to Steem. This is as of now changing, with a few custodians searching out substance about something besides Steem and Steemit.

So Steemit is for any individual who needs to win cash for being social in their extra time by making and curating content: autonomous laborers, specialists, housewives, understudies, kids, the elderly — anybody with a comment who will do it valuably.