A guide for beginners. Blockchain made easy. Thank you @theycallmedan for this great initiative!
How to make money on HIVE:
- CONTENT CREATION:
- Just like on conventional social media platforms -> Sell things, Giveaways, contests, Advertising, Sponsorship deals, Donations
- Important: present Quality content, be consistent and active, create connections with others.
- Interact with people with whom you have things in common.
- Try to catch the attention of those with a lot of voting power and influence.
- Tip: specialize your account and build a community of followers that love what you post (create a niche).
- Try to make individuals interact with your account, tag it and spread your account through the platform
- UPVOTING & COMMENTING
- HIVE Rewards pools: distributed based on the VOTES that are given out every day by the users. Therefore those who receive the most votes from the biggest holders of HIVE Power may receive the most new HIVE tokens.
- When you delegate HP to others, you get a dividend from 50% of the total Hives collected in that post
- Post, comment and vote on a daily basis
- Interact with diverse platforms
- Comment and show kind support to other users
- The “passive” way to earn
- It works by you lending your HP to others, which then use it to interact, upvote and comment. After a week has passed, you get a dividend out of there.
- Also, you can take back your delegations whenever you want, just keep in mind this action will take a few days to complete.