How To Monetize Your Online Routine With Cryptocurrency
The internet age is in full swing and more of our time and attention is being taken up by the world wide web. Many of us spend our work and leisure time online, and this accounts for a significant amount of time that and effort going untapped or rather unmonetised. Internet users all over the world are browsing websites, sharing content on social media and bring value by curating and disseminating content every day with many of these efforts going unrewarded.
These microtransactions happen at such a frantic pace it would be hard to keep up, but it does not mean these actions have no value and do not enrich the internet experience, but could not be rewarded because of the limitations of our current financial system. The reason value was not traded online at high frequencies is because the current fiat system would not allow for practical microtransactions, a use case any functioning cryptocurrency can do very well and at a fraction of the cost.
As cryptocurrency continues to gain traction we’re seeing cryptocurrency enthusiasts find new and exciting ways to reward users and redistribute value online. There are several blockchain projects aiming to provide value to our current internet uses such as social media use, blogging, searching and even merely browsing the internet in general.
So what are all these projects? Let’s review them and see, shall we?
Snax is a second layer reward based cryptocurrency that can be integrated with any Twitter account. Snax runs on its own blockchain and rewards users based on the amount of attention (Tweets, Retweets, Comments, Likes) your Twitter account receives. Your account is then evaluated against other registered Twitter accounts and rewards are redistributed each day across accounts based on the interactions they solicit from their tweets. Visit Snax: https://snax.one
LikeCoin is an ERC-20 Token built on the Ethereum blockchain and aims to reinvent the like. Social media has ingrained likes into our daily routine when browsing newsfeeds, and Like Coin seeks to capitalise on this user behaviour.
Social media users and bloggers can create a Like Coin Wallet with their personalised short link which can be added to any social media post or blog post.
If any of your readers or fans click on these links you will be allocated a certain number of coins based on all the likes being “mined” for that specific block.
It costs users and fans nothing and helps reward content creators and curators for their work at no cost to the consumer.
Presearch is a multi-use search engine based on blockchain technology and sees itself as an open, decentralised search engine that rewards community members with Presearch Tokens for their usage, contribution to, and promotion of the platform.
Presearch pays users for each search they perform via their site; it’s literally getting paid to Google.
Visit Presearch: https://www.presearch.io/
Brave Browser is a website browser that falls in line with Chrome, Edge, Safari and Firefox but with a few nifty differences. Brave Browser is built using cryptocurrency and blockchain to help secure users privacy and also earn and transfer rewards between users and websites. Brave Browser will block all third-party ads on a website by default, and it would be up to the user to select if they want to see ads.
If the user opts to see ads served via the Brave network, they will receive rewards in BAT (Basic Attention Token), which is the browsers native currency.
Visit Brave: https://brave.com/
Turn your online experience into a profitable one
If you do spend a considerable amount of time online and think that a little reward for those efforts is warranted. Then I would highly recommend you try out some of these options. None of them require any initial investment on your part and only need you to use their products in exchange for rewards in various cryptocurrency tokens.
It is a safe and fun way to get into the world of cryptocurrency and blockchain without feeling the burden of investing in a speculative asset or having much technical know how.
These tools aim to augment the current internet experience with a rewards layer, and I believe that it will become a staple feature in the web 3.0 experience.
About the Author
Che Kohler is the co-founder of nichemarket, a South African Business Directory and digital marketing agency. He is an avid blogger who specialises in writing about marketing tech and cryptocurrency.