As a writer, you must write a lot and publish them online with the expectation of getting paid. That’s more than fair. Everybody deserves to get paid for their work- there’s nothing wrong with that.
But getting paid in euros, dollars, or any other currency is boring and, financially speaking, not a good source of investment. What if I tell you there’s a way in which you can get paid with cryptocurrency?
Yes, that’s true! Earning crypto as a writer is now possible.
Decentralized writing platforms are a new type of platform that leverages blockchain technology and decentralized networks that offers writers the capability to earn cryptocurrency for their creative content creation and writing.
In this article, learn everything about decentralized writing platforms and how they can help writers earn cryptocurrency:
What Are Decentralized Writing Platforms?
Decentralized writing platforms are an exciting development in the world of online writing. These crypto-based, user-owned, and decentralized platforms are revolutionizing how writers express, share, and monetize their thoughts.
Unlike traditional writing platforms that are controlled by corporations or third-party entities, decentralized platforms give users more control over their content. Since the content is shared among multiple computers rather than being stored on a centralized server, it is virtually impossible for any one person or group to censor, manipulate, or delete it.
Furthermore, decentralized platforms are powered by blockchain technology, which provides an added layer of security and transparency. As such, writers on decentralized platforms can feel confident that their work is safe, accessible, and truly their own.
In order to join such platforms, there is a quality check process that writers have to go through. These platforms use crypto tokens. If you’re selected, you will possess a crypto token that gives you the ability to publish on the platform.
How To Earn Money On Decentralized Writing Platforms?
Decentralized writing platforms offer streamlined payment systems and increased financial benefits for writers. This allows authors to earn a fair share of revenue generated from their work rather than relying on advertising revenue or the platform’s gatekeepers. The payments are made with cryptocurrency only on such platforms. Here’s how you can earn crypto on decentralized writing platforms:
Getting Tips From Readers
By publishing your content on such platforms, writers can get tips from readers.
Your Content Can Become An NFT
An NFT can be sold at an auction to readers who want to own your story. The best thing about NFTs is that they give the writer the option to keep making money in the future. The original writer can get a percentage of the profit each time it gets sold.
Crowdfund Your Story Idea
Writers can crowdfund their writing idea, and readers who want you to write them can pledge money. When the story is finished, the readers who pledged money will get a percentage of the profit.
Old-Fashioned CTAs
Writers can add their call to action link at the end of the article, news, or story that leads to an email where you sell coaching, course, eBook, etc.
Decentralized writing platforms give an interesting way for writers to earn cryptocurrency. With the benefit of earning crypto, writers can ensure that their content is secured and no one can alter or manipulate the content.
Top Places For Writers To Earn Crypto As A Writer
There are many places for writers to earn crypto for their creative content. Let’s have a look at some of the popular sites that give the opportunity to writers to earn cryptocurrency:
Mirror.xyz
Mirror is the first-ever decentralized writing platform developed for writers to earn money. It leverages cryptocurrencies and blockchain technology. It offers tools for writers to earn digital tokens rather than typical cash transactions. To earn crypto on Mirror, writers can seek crowdfunding for their stories or can turn their stories into NFTs that can continuously be traded.
Any writer with web3 wallet can create an account on Mirror and start publishing their thoughts to earn crypto.
PublishOx
PublishOx is another decentralized writing platform that enables writers to earn cryptocurrency for blogging. It is a crypto-agnostic publishing platform like Medium, but instead of getting praised, you earn crypto. Readers who register an account on PublishOx can get tips that are derived from a pool of BountOx tokens provided by the platform itself.
Readers have the option to either take the 80% of the tip themselves or give it all to the writer who published the story they are tipping. Authors can earn these tips and can earn more crypto depending on the quality of their content.
SteemIt
SteemIt is a decentralized writing platform that is powered by the STEEM Dollars and Steem blockchain technology. This platform mints tokens and then adds them to the pool of community rewards. Writers can earn these tokens on the basis of the vote they receive on their content. Writers can earn SBD on this platform in several ways. Some of them are:
- Writers can share their unique content on the platform and earn rewards on the basis of the votes they receive on their posts.
- You can get paid for engaging, sharing, and reading others’ content. The amount of reward will depend on the Steem power your account holds.
- Another way to earn SBD is by using your SBD token to add more power to your account. The platform pays you when you invest in your holdings.
Sigle.io
Sigle.io is a decentralized writing platform that promises writers the possibility to earn Bitcoin for their creative, innovative, and unique content. Users of this platform have access to blockchain enabled infrastructures that ensure privacy and security for authors. Readers can support writers by giving them tips with their Bitcoin on Sigle.io. This web3 marketplace also enables writers to send newsletters, follow other users, build subscription lists, and comment on other posts.
Soltype
This platform gives authors who have written a full-length e-book an opportunity to publish their book and earn crypto. This book can also be NFT-gated, meaning only collectors who hold the corresponding NFT in their wallets have the accessibility to read the book. It also provides a secondary marketplace where readers can resell the book. The new buyer will have access to read the book only.
Decentralized News Network
If you are a journalist or have an interest in composing news stories, a decentralized news network gives you the platform to publish those stories and earn crypto in exchange. Moreover, writers can earn more by curating the content of other journalists.
Conclusion
Decentralized writing platforms are revolutionizing the way we create and share content online. Unlike traditional platforms, decentralized platforms operate without a central authority, meaning writers and readers have more control over their content.
Beyond the obvious benefits of censorship resistance and freedom of expression, decentralized writing platforms are giving the opportunity to writers to earn cryptocurrency for their creative content. These platforms are a great way to take ownership of your work and generate earnings via tips, royalties, funding, and more. For instance, writers can get tips on their content from readers, or their content can become NFT, which can be a lifelong investment.
With these benefits, it’s no surprise that more and more writers are moving to decentralized writing platforms.
