How to Make Money Selling STEEM Accounts
This is a step-by-step process to create STEEM accounts and add delegation
Yes, you can do this without RC
Now that I have your attention, you can make money, but don’t expect to get rich. Sorry, buy hey, you can learn something here that is useful.
STEEM blockchain has this STEEM account creation option built-in and it doesn't need your RC to create accounts.
You can find people in your discord channel or other chat channels to buy an account. You can find people on ebay to buy accounts. Create adds on Craigslist or any number of classifieds. If you are a store whether a physical store or an on-line store that wants to take STEEM or SBD as forms of payment, then you should be selling STEEM accounts. If you have a website dedicated to teaching people how to use STEEM, you should be selling STEEM accounts.
You will need to get a new account name from your customer.
The new accounts must not already be in existance and must follow these rules:
- Must be no less than 3 characters and no more than 16 characters.
- The characters must be lower case letters or numbers but cannot start with a number.
- The username can have a single period, or dash as long as they are not the first character.
- If a period is used, the characters following the period must be at least 3 characters and start with a lower case letter.
Let's start with how to create an account without RC.
This does cost some STEEM. Currently it costs 3 STEEM which at the current STEEM price is about $0.75. Not too bad. Surely, you can sell an account for more than 75 cents. This account will not come with delegation. However, I will show you later how to add delegation.
Start by clicking on this link
https://steemconnect.com/accounts/create
https://steemconnect.com/accounts/create
That is it. You have created an account for 3 STEEM!
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The account you create will have virtually no functionality unless it can generate RC (Resource Credits).
In order for an account to generate RC, it needs to have SP or delegated SP. You can choose to sell the account with or without SP or delegation.
Theses are the options you can choose for the accounts you sell:
- Sell the account with no delegation or SP
- Add SP to the account
- Delegate to the account
- Buy delegation for the account
I'm not going to go over option #1 or option #2. I assume you know how to transfer STEEM and Power Up.
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Option #3 - How to delegate to an account
Option #3 - How to delegate to an account
Start by placing the following into the address bar of your browser. You will need to change a few key elements of the address.
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=youraccount&delegatee=newaccount&vesting_shares=15.000%20SP
After the adjustments to the address, hit your enter key on your keyboard. You will be taken to SteemConnect to enter your username and active password to complete the transaction.
That is it, You have delegated to another account
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Option #4 - How to buy 90-days of delegation from BlockTrades
Start by clicking this link
https://blocktrades.us/unregistered_trade/steem/delegated_steem_power_90_days
https://blocktrades.us/unregistered_trade/steem/delegated_steem_power_90_days
That is it, You have purchased 90 days of delegation for the account
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So how much money does it cost to create an account with Delegation?
Right now, Steem accounts cost about 3 STEEM and you can purchase a little over 14SP delegation for 90 days from Blocktrades for 1 STEEM. 14 STEEM is good for the average person to comment and vote a few times a day.
That is a grand total of 4 STEEM which is worth about $1. Now go out and sell them for more than $1.00
I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.
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For a breakdown of how Steemit Rewards system works:
https://steemit.com/steemit/@socky/simple-steemit-rewards-breakdown-how-it-works-since-hf20
For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-keys
For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read
How to improve STEEM payment system:
Lol, i was wondering if this was still viable.
Kinda nullifies all them tokens folks was saving,...
I bet if somebody notices it gets disconnected in a hardfork.
Haha, I doubt that people will be flocking to do this and making a run on accounts. If I'm not mistaken, the witnesses now get to set the price of the account creation fee. They could simply raise the price instead of changing it in a fork if new accounts are being created for abuse.
I thought they wouldve disabled this with hf20, but i guess not.
No worries about a run on accounts as long as proof of wallet determines rewards.
I had not thought about this idea and it seems like a great way to bring users to the platform from external sources. I imagine you can do this by using the claimed account function as well which costs Resource Credits instead of Steem which could improve the return on the transaction as well. Thanks for sharing!
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Absolutely true. For those that have large stake and plenty of RC, the account creation is totally free. Some can argue that it is not free as it takes RC, but if you can't use the RC on anything else, then it is essentially free.
I wrote this for the audience that doesn't have enough RC to be creating many accounts. I assume that those with large stake would already know how to create discounted accounts.
Here is the interesting part, many people that can create the accounts for free are not doing it. It is too time consuming, and the amount of money earned vs the amount of time dedicated is just not worth it for them. For the folks that don't have much and are willing to go out there and spend the time, it could build some income for them.
For businesses and website owners, the cost of creating accounts is low enough to include accounts as an incentive. (i.e., you get something free when you buy our use our product)
A very useful article for those who want to sell or encourage their friends to set up a steem account, @socky. Thanks for sharing.
Hopefully someone can make use of it. Maybe it can do some good one day.
You’re a legend my friend!! You had this prepared way faster than I thought! Thanks for sharing it. I’m already dreaming up a few ways to integrate this, I’ll let you know how it turns out.
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You did such a good job creating that website, that it would be a shame if you didn't also make STEEM accounts available there. Glad you are considering making them available.
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Nice write up @socky.... But how much do you think the Steemit account created will worth for sale?
Good question. I've seen them for sale anywhere from $2 to $45 with varying levels of pre-loaded SP or STEEM. I've also seen them given away through promotions. An example is when you buy a SteemMonsters pack, you can get a free account with it.
Wow! This is cool. But I still don't get what steem monsters is all about
Never knew about this... Thanks for sharing!
nice to have it :)
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