The TEN BEST Platforms to Make MONEY WRITING
The global economy is standing on the edge of a cliff, with inflation ravaging our income and a recession looming.
It will be tough to avoid stagflation since the interventions by Central Banks are proving inefficient.
In these economic terms, we need to secure an extra income by exploring all options offered by the digital realm.
The rise of cryptocurrencies over the previous decade creates rare opportunities. Bear market or not, the internet has integrated cryptocurrency, and many platforms provide an additional income to hundreds if not thousands of writers.
The risk of investing in cryptocurrencies is too high, but writers don’t have to deal with price volatility as they can liquidate crypto with ease.
Cryptocurrencies offering payment features with low fees and instant transactions present an opportunity at these prices to accumulate for future consumption.
Become An Online Writer And Start Earning:
Anyone that loves writing can take the first step and start writing. Those that love expressing their thoughts on paper will find it not as challenging as they might be expecting.
Fellow writers have already looked into the best solution that will maximize their income, so they can find some extra opportunities presented here, which perhaps they shouldn’t ignore.
Many platforms offer ways to earn:
1. Medium
The top recommendation for writers.
Medium contains quality publications and articles that will certainly improve you personally.
Medium is featured in the top-200 website lists in terms of traffic, making it the top priority for a writer to present content and start creating a dedicated audience.
There is a wide variety of topics, with publications accepting writers according to their requirements and promoting a healthy competitive spirit.
Applying to the partners’ program comes with no cost. Still the payments received by Medium are taxed in the US (30% for non-US users).
Medium offers a partners program for selected regions:
Source: Medium
So, mainly this is the US, Canada, Australia, New Zealand, most of the EU countries, Switzerland, Norway, Hong Kong, Mexico, and the UK.
Medium also includes a referral bonus for new memberships, providing 50% of the membership fee to the writer. Writers should utilize this feature as well and advertise it, as per my example:
https://panterabch.medium.com/membership
2. Read.Cash
Read.cash has been steadily paying users for publishing articles for more than two years. This platform rewards writers in cryptocurrency Bitcoin Cash.
However, with the drop in the price of Bitcoin Cash, automated rewards are lower than previously, although it is still a platform that provides top-earning opportunities to writers and bloggers.
The read.cash platform is used by crypto and non-crypto writers, so there is no need to focus on a specific topic.I have published a guide explaining everything necessary for anyone to begin at read.cash:
Marc De Mesel is the main contributor to the platform and often rewards articles with extra (lucrative) tips that sometimes reach even $10,000.
3. Hive
I got a love/hate relationship with Hive. I dislike non-organic interactions, and it seems Hive is based on bots (automated accounts that like certain content). It has a certain userbase, yet most of its users are oriented in earnings and quantity, trying to convince perhaps the Hive mechanics but not the reader.
Most articles are incomplete, lacking perhaps not in quality but in soul. Even the top writers have a greedy approach trying to acquire the most rewards with the least effort possible. Unlike Medium, or read.cash, writers at Hive only generate acceptable content but not anything remarkable.
Content at Hive is not outstanding as the content we find at Medium.
Meanwhile, it is always just the same authors advertised as recommended and top earners.
In a sense, Hive gives a fake feeling that barely contributes to anything significant besides earning. Write something quick and move on without thinking it through but superficially covering the topic.
With the bots and the relations between accounts, those articles will reach top places in likes and rewards, so it is frustrating for a real writer to compete with this system.
Hive can provide a side income, although it takes a while to understand the process. Eventually, quality authors will be rewarded, but not as much as those that have cracked the code (the mechanics).
Peaked.com is probably the best way to begin with Hive, and slowly start reading about the rewards and token rewards this platform provides.
Quality content does not always get rewarded, though. Many writers will quit finding desperate chances of achieving anything worthwhile. Yet for those that do everything right, there is a high chance of succeeding with enough persistence.
Also, it includes a system that requires users not to withdraw all rewards but back the accounts with most of the earnings until a higher place in the rankings is reached. Withdrawals take several months and reduce the voting power of accounts. Which in turn reduces the chances of earning higher rewards.
4. Publish0x
A platform that crypto enthusiasts use. Publish0x pays the writer in cryptocurrencies (included ETH payments again), and pays the reader as well.
Considering the earning opportunities, clearly Publish0x doesn’t offer as much in tips as read.cash, perhaps 80–90% less, although it frequently hosts contests with rewards that make it worth trying.
5. Noise.cash
Noise is a social experiment that pays the user in Bitcoin Cash for publishing content similar to Twitter. It has had a great run and reached more than 300,000 users, although rewards are currently reduced, due to the general cryptocurrency decline.
Still a great choice and recommended, especially to writers that will earn small amounts of BCH in tips without having to write lengthy articles.
I reviewed noise.cash previously and although tips generated are lower right now, it is still a decent platform I recommend joining:
6. Vocal
Vocal is rewarding writers depending on the views. Some successful writers make an extra income from this professional platform.
With enough dedication, Vocal can work remarkably well. Some writers simply republish their content from Medium at Vocal and find a different set of fan bases and audiences.
Vocal is a lovely platform that deserves some extra time to figure out its mechanics. Sometimes it has events like contests which would be fun to participate in.
7. Steemit
Steemit is similar to Hive. A disagreement and a power struggle in Steem blockchain led to a split, and different paths for Steemit and Hive.
8. Minds
Minds is a platform I used for enough time to conclude it was a waste of my time.
I can’t recommend it and its structure is not about publishing articles but mostly images and small commentary. It is not similar to noise.cash either, and although I used it often for months last year (when cryptocurrencies were trending), there were absolutely no earning opportunities for me there.
While some platforms help writers and users earn cryptocurrency, others use an approach with too many requirements that make it seem like earning is a facade.
However, I have read in the past some users claiming Minds provided earnings, so I’m adding this platform to this list as well.
9. Den Social
I used den.social for a while during the peak of the 2021 bull run. It rewarded my interactions with some Ethereum token rewards, but I never withdrew since the fees would not make it profitable.
I stopped using this platform since then, but I see many are still using it and perhaps accumulating the tokens it offers.
The approach of this platform was difficult to understand, with posts of a meme accumulating thousands of likes (and tokens), while quality posts receiving nothing at all. I didn’t have time to search more into the mechanics, and as a writer I wanted to focus on the writing part instead of spending days unlocking the secrets of each platform.
Yet, Den Social still has users publishing daily, so it was worth mentioning, and I may consider reactivating my account, perhaps to publish previews of my Medium articles.
10. Substack
Substack seems like a trendy platform for influencers and professional authors with quality writing skills and an audience willing to pay for a subscription.
Someone recommended Substack to me one year ago, but I haven’t had the time to explore it carefully. I gave up after a while.
Looking at the quality of the top authors on Substack, which matches the quality of Medium top writers, definitely seems to be a challenge many will not be willing to take. I can’t recommend Substack, but perhaps for influencers, it could be considered a side project that could present high income opportunities.
About Ethereum, Ethereum tokens, and any other high-fees methods
Ethereum is a terrible selection for any platform when it comes to rewards.
Payments were never Ethereum’s purpose. It brings no utility having a congested chain and using it to transfer value (usually small amounts). The approach of read.cash and noise.cash is exemplary, with the use of Bitcoin Cash, a network dedicated to payments and digital micropayments.
I’m not sure when everyone will reason with the unrealistic approach of paying high fees and when the robust solutions will become dominant, still I consider it irresponsible and irrational to use Ethereum for payments.
It is financially foolish not using a robust network like Bitcoin Cash just because the BTC maximalists will not like it. This approach makes no sense, as many more things in the Cryptoverse.
I don’t understand why Publish0x uses again Ethereum, which already created many problems in the past, and is bound to create more in the future.
In Conclusion
(Source: Pixabay)
With some of these ten platforms, a writer can begin earning money online.
Earnings from writing should be the least we should care about, though. Without a passion for writing, it will become a desperate waste of free time. At least when you love it, views and reads won’t matter, but you will keep improving and gaining experience enjoying your time.
It won’t be possible to substitute your job writing unless you achieve a standard audience that adores and supports constantly. Consider this a pyramid where only 1% will reach the top, and the rest 99% will not achieve anything significant. More or less, these are our odds.
Most writers dislike social media, the behavioral patterns, and pretentious style on these platforms. Yet, finding how to advertise content is where most writers fail. Twitter, Reddit, LinkedIn, and more social media will increase the visibility of an article.
Twitter can unite the audience from all the different platforms, and present your new work to everyone that was interested until lately.
Cover Image by “peter_pyw” on Pixabay
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Material published in this content, is used for entertainment and educational purposes and falls within the guidelines of fair use. No copyright infringement intended. If you are, or represent, the copyright owner of images used in this article, and have an issue with the use of said material, please notify me.
Posting on:
● read.cash ● noise.cash ● Medium ● Hive ● Steemit ●Vocal
● Minds ● Twitter ●Reddit
Originally published at Medium
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I used all of them but only few works for me. I like Medium...but sadly, the MPP isn't eligible to my place. Even the Vocal.