This post details my findings of Steemit, after joining the platform three weeks ago. I'm a beginner, so this content targets others that are still finding their way around the platform.
I've posted 5 blogs and about 30 comments, so this post isn't at all scientific - just me trying to connect the dots.
The positives
Let's dive into Steemit's advantages! Note: there are many more than listed here, but I like to keep things digestible.
Steemit is not just for writing
To be completely honest, I joined Steemit for the money. Don't get me wrong, I absolutely believe in the underlying idea of rewarding good content! Albeit, when I first heard about Steemit I could only think of the dollars it would potentially make me. I was planning on writing a lot and reading very little.
That changed quickly though. In fact, I've been doing a lot more reading than writing. Why? Because there's actually some good content onhere! Just look at the highest paid posts: they are often very opinionated, well written and with a ton of comments full of counter-arguments to get a discussion going.
Steemit quickly became more than just a money-making machine!
Steemit is a community
Although Steemit is often being described as a social network, it seems more like a community to me.
Steemit has all the basics a social network has: article-writing, commenting and upvoting, but it has so much more that really makes this platform a community:
- @steemfest: Steemit's very own conference! It will be held later this year in Lisbon, featuring workshops, talks & more.
- @steemradio: community curated music.
- Several contests are being held on a daily basis (where you can win actual money). This is a good way to give back to the community!
- Steemit Podcasts: people are in the process of setting up podcasts featuring us - the community. PandaCast by @fatpandadesign is one to look out for.
- There are a variety of real-life events and places, especially created for the Steemit community. If you're from New York, checkout Steem Park by @hitheryon.
Like many before me have said: I came for the reward and stayed for the community!
Steemit makes you money
While I'm still figuring this part out, Steemit can considerably increase your income-on-the-side. Many posts, such as this one are raking in $1,000+.
Don't quit your jobs to concentrate on Steemit just yet! But even for beginners such as myself, it's possible to earn a nice extra by simply writing what you know.
The negatives
Just like with anything, there are some disadvantages to the platform.
It's cluttered
Because the platform makes people money, they like to grab your attention any way they can: with overly-colorful images, long titles with caps, a lot of exclamation marks and some other tricks.
The platform is also multi-lingual without curation, making it extra hard to find the content you want.
And when you do decide to read a post, many writers are first shouting at you to follow them, upvote their content, or resteem it.
It's hard to grasp at first
The beauty of the platform is also a disadvantage in the beginning. It's so much more than just writing and getting a reward: there's steem, steem power, steem dollars, your wallet, voting power, .... It's a lot to take in. If you're still struggling, here's everything you need to know.
It's unpredictable
My first blog post was a small introduction in introduceyourself. Usually, introductions get between $3 and $10. I got $5, so that's a good start!
My second post was part 1 of my travels through Australia. It collected $41 and some comments. Not bad at all!
My third & fourth post were part 2 and 3 of that same travel story. They each collected below 1 dollar. One of those stories was created after Hard Fork 19 (for those that don't know: it's a change into the platform that increases rewards for beginners, such as myself).
I have no idea why my 2 first posts did so well, while the latest 2 flunked. Sure, it has to do with who is upvoting your content (people with more 'reach' will give you a higher reward) but it's still a big difference.
For now, I'm blaming it on my posting time: the first 2 were posted in the morning (Time zone: CEST) while the others have been posted in the eveneing of that same timezone.
The verdict
I'm loving the platform and the idea behind it, but I still have a lot to learn when it comes to actually earning something.
Payouts seem to be totally random for users who have lower reputation. The more reputation you have the bigger chance you have of getting bigger payouts. And to get bigger reputation you need big payouts or many payouts. Personally I've posted about one article a day, for 3½ weeks if I'm not mistaken. And more than 300 posts altogether. But my reputation remains at 41. The weirdest thing is that I'm not spamming. I actually put thought into my content and create quality, even if I say so myself. Actually it is quite easy to say so with so many plagiarized things and other spam around here. Well, just need to keep on it. However, now I'm starting to run out of ideas and notice that I'm repeating myself and am no where near the reputation I need to be, to reap the benefits of quality posting.
Sadly, I've heard more stories like yours. But on the other hand, I've seen people joining the platform and a week later getting above 100 followers, raking in $50+ per article.
So maybe there's groups out there that support each other, or there's a specific tactic to posting (for example: tagging the right people), or something else. In any case, more research is needed :-).
It's a complex platform, with a few variables to take into account.
Great post, seems you've definitely done some diving around SteemIt already! I do appreciate you mentioning my latest project PandaCast - I'm eagerly looking forward to getting that show started! If you know anyone that would like to be featured, please have them get in touch with me via SteemIt, or via email: FatPandaMagic@Gmail.com
I'll send them your way! Do you have an online form or something that has to be filled out?
I don't have a form up yet - however, you can just email me directly at FatPandaMagic@Gmail.com and we can chat further once you make contact.
So much to do, so little time ;)
sounds like you got off on the right foot here...thanks for the links and insight
was just looking at this tool...tells you what to expect as far as incoming payouts...'n such http://steem.supply/
como todas las cosas nuevas se empieza de a poco
I am currently newer to Steemit than you were at the time of writing this and I appreciate the post with the links. I've already checked out a few and things are a little less confusing now. Thanks!!