Cent Dapp Review: Earn ether for your content

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Avatar for Ghostcat
4 years ago

Hello, I´m sharing yet another app that allows to you earn income for your content.

Cent is at its core a social media dapp in the Ethereum blockchain. It is similar to other sites like publish0x or the Hive blockchain. You can post photos, texts, videos, follow users and tags.

One thing that I´ve noticed right off the bat, it´s the site has a much bigger focus on creative content. This appealed to me because a lot of the crypto-based sites and dapps I´ve used, focused more on cryptocurrency making it harder for other types of content to gain attention there.

In fact the most popular content there is cryptoart (NFT art pieces), but more traditional artforms like illustration, music, and photography have their own followings as well.

As for earning for posting content, there are two ways: spotting and seeding.

Spotting is the Cent´s version of likes. At the bottom of each post and comment there is a cent bottom, clicking it costs 1 cent in ether, you can click it as many times as you like.

Users can also add a spot bounty on their post in order to incentivize others to interact with their content in the comment section. They can choose to reward the best comment, or the person with the most spots from other users gets the bounty if no one has been selected after 3 days.

Then you have seeding, this is a similar system to Patreon. Each month you can donate a certain amount of ether to to support their growth on the site.

Now, here´s when things get interesting. Supporting creators here is an investment, by seeding them you receive a return of the profits. 47.5% of the seed goes to the creator, another 47.5% goes to the supporters of the previous month and 5% goes to support the site.

The site also has a leaderboard for those who have earned and donated the most, turning the site into a kind of social game.

There are pros and cons to this kind of monetization. Cent does not have a common user fund to rewards its creators, and instead, it comes directly from other users. On one hand, this protects the site from being overwhelmed with spammy low-quality content, because if you want people to support you have create appealing content. I have noticed the content quality surpasses other dapps. On the other, it can take a while to see the fruits of one´s labor to be rewarded, especially if they are just starting out with zero followers. And you might not earn as much when compared to other crypto social media.

Speaking from experience, I have been on this site since March, and I´ve only earned 10,65$ so far with my art and photography, and mostly through spotting.

The other thing that can be a bit of an annoyance, is the logging system. Yes, you can log with an email and password, but then you have to click on an authentication link sent on your email. And sometimes when I open the site on a second tab or a new link, the authorization messages shows up, forcing me to login again. I haven´t seen it much lately, maybe they had already fix it. But it´s something to have in mind.

Depsite this, I think it´s worth checking out. This site is always getting constant updates and responds to feedback. And it can serve as another source of income if you´re already using other sites with a similar premise.

The address is https://beta.cent.co. If you decide to create a account there, you can follow me as nightandmirrors, I always appreciate new followers.

Thanks for reading, if you like my content feel free to support me here or you can tip and follow me on others sites through Cointree

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$ 0.48 from @TheRandomRewarder
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Avatar for Ghostcat
4 years ago

Comments

this is interesting, I'm actually starting to get interested in the #CryptoArt world as my 2 siblings are artists, i wonder if we could get into minting NFT's 🤔😅

$ 0.00
4 years ago

you should, art nfts are a hot comodity right now, and this site is a great way to start build a following

$ 0.00
4 years ago

that's what was on my mind anyway, i haven't done much research into NFT art, but i was deciding whether to mint an NFT using ETH or using HIVE? 😵

would you happen to know anything? so far from what I'm picking up it's not that easy getting into minting using ETH, meanwhile, using HIVE has a much cheaper fee? ⚡

$ 0.00
4 years ago

I supose Hive is more easier to get into for the average person than eth due the fees like you say. They already have a site for art nfts and photography: https://lensy.io/ https://nftshowroom.com/

$ 0.00
4 years ago

oh, yes I've seen those two sites, and I have a younger sister who does watercolor paintings, i wonder how willing would people be to buy a traditional art piece turned into an NFT,

I've been doing a little bit of research, and 3D artists or modelers, like game CG's or 3D renders seem to be the most popular kinds of NFT's sold from 100's to 1000$+

Digital paintings, and traditional seem to be not so popular compared... 🤷‍♂️😅

although I've seen a pixel art one bought for around a 1000$+ ETH. 😵 (I also like pixel art)

https://makersplace.com/kldpxl/8-pm-1-of-1-38514/

$ 0.00
4 years ago

I find your article very enriching, I. create art myself and have beed here and on steemit so far, I got in touch with people who create art but knowing there is platform more simliar to patreon is pleasing, thank for your tip, I will definitely have a look into it💜

$ 0.00
4 years ago

Glad to help.

$ 0.00
4 years ago