With the increasing interest in Millionaire Youtubers, Tik-Tok users, and content creators, people started glancing at the earning opportunities through cryptocurrencies. At that point, the faucets could hardly satisfy the users, the Ponzi schemes stole the money invested by the people and the gambling has always been the same as playing with fire. Thus, crypto-blogging, the thing that we have been doing for years, started shining like a star.
Taking a look at the growing interest and potential of Read.Cash, Noise.Cash, Leofinance (Layer 2 solution of Hive) proved to people that earning is possible with sharing your ideas, knowledge, or engaging with people. So, the number of users stress-tested the services, some people devoted their hours while others perceived the growing concept as a side hustle.
Under each circumstance, people will come to make gains in exchange for the value that they add to the platforms. Facebook, Twitter, and Reddit have enhanced their efforts to catch up with the crypto-friendly or blockchain-based platforms. However, their endeavor may never be enough to catch the on-the-go crypto train.
Twitter's owner Jack initiated a new way to help people make revenue through the platform. You may turn your tweets into NFTs and sell them to people for Ethereum.
You can sell your tweets on this platform: V.Cent
Million dollars are flowing for the sake of technological screenshots 😅 Jokes aside, turning Tweets into NFTs is a new way of blogging-economy for Twitter. Check the news by Reuters to understand the popularity of the case 😌
Some Steps Ahead: Advanced Crypto-Blogging Economic Models
Of course, the first move from Twitter is a bit primitive. While people can already see the tweets, making them NFTs may not be a sustainable narrative to push people to spend their time and money for that.
Once the crypto-blogging is examined, we have several "well-developed" solutions. For instance, Read.Cash and the funding mechanism is robust enough to operate flawlessly and the case is the same for Noise.Cash, as well. On the other hand, the Hive ecosystem provides opportunities for communities to use their frontend and Layer 2 tokens to curate and earn rewards while still operating on the blockchain. We can increase the number of examples with Uptrennd, Den.Social, Minds, etc.
Without going to any other party to create or mint a different kind of assets, the existing platforms are providing you an opportunity to make gains as they were designed on the first day.
The Realization of the Potential - Twitter NFTs
The move from Twitter is also crypto-supported at some point. To get the NFTs, you are supposed to pay with Ethereum and store them in your Ethereum wallet. Yet, as we are familiar with the costs of Ethereum, the problem gets worse gradually in each step of the purchase 😅
This initiative will bring new enthusiasts and artists to the crypto ecosystem to monetize their artwork. Even though the choice of cryptocurrency, Ethereum, is open to discussion, Bitcoin Cash, WAX, Hive, and FLOW (you should also check FLOW) can get nice slices from this giant cake.
I'm not going to dive deep into details but from the bigger perspective, Bitcoin Cash is enabling people to spend the crypto the moment they receive the crypto; WAX is building a whole new universe for crypto-gaming and NFTs, Hive is connecting Layer 2 solutions and communities through L1 and L2 operations and FLOW is serving unique open-world context based on blockchain. Which one can be served by Twitter 🙃 The answer is obvious...
The more people interested in this craze, the more likely it will be for the crypto world to reach as many people as possible. So far, the project is stood alone. There is no partnership or inter blockchain operations taking place. However, it's going to be possible to transfer NFTs through blockchains very soon. The artwork will make many people wealthy 😌
In the example of blogging, the case of Noise.cash can be the best illustration of a success story. I have heaps of companions who are trying to pile up as much Bitcoin Cash as possible despite the fact that they have never spent even a solitary penny beforehand. The capability of crypto-writing for a blog or micro-blog is more than assumed. Simply think about the occasions when the potential and enthusiasm angles are joined... Where history starts 😏
Final Words,
Blogging, micro-blogging, curations, or different incentive models have been used by many blockchain-based platforms that we use. Even though we could expand our scale at some point, it would never be as large as Twitter did. The rules of the game are likely to change with the increasing demand for earning for engaging and selling digital artworks.
The NFTs are going to be the new way that is built for crypto-mass adoption. Besides, the crypto-blogging will be the primary segment utilizing the snowballing attention. Even though Facebook, Twitter, Reddit, or similar platforms are not adaptable for the desired social media profile by people, we have solid projects ready to welcome millions of people.
Just a matter of time, we are up for it...
