Steemit vs YouTube: We're Coming For Your Creators
Post your videos to YouTube, but monetize them on Steemit.
This is the opportunity I hope all video creators will consider. There are no downsides to using both platforms.
Almost 10-years ago, I had my first videos monetized on YouTube. Back then, you had to be invited to the program, and earnings were counted in pennies.
Fortunately, a few years later, YouTube became fully monetized and creators could finally support themselves from their video productions alone.
Everything was going reasonably well until the event known as the Adpocalypse occurred:
In April, 2017, a group of major advertisers pulled out of YouTube after they became concerned that their brands were appearing alongside controversial content.
Earnings for creators tanked, and have since remained suppressed.
But the worst of it is, a heightened fear of YouTube's ambiguous standard for acceptable content. This has led creators to self-censor their work, just so they can remain in good standing with the network.
Do you like to swear? Talk politics? Cover world news events? You can still do it on YouTube, but often you'll be working for free.
This is why so many YouTubers have begun to plug Patreon in every video they publish. But even if they haven't been demonetized, many require supplemental income because YouTube has been paying out so little.
This is my message for YouTubers:
Steemit is a monetization platform on the internet.
Any work that you can put into a blog post, like an embedded video, can be instantly monetized.
How much does Steemit pay?
Your earning potential is largely dependent on how much the community, and most importantly, your followers, value your content.
How does Steemit work?
Imagine if every thumbs up paid out real money. It’s not a fantasy -- that's exactly how Steemit was designed.
But fans aren't paying you directly like they are with Patreon; they're voting for you to receive a share of a daily cash payout that is offered to everyone on the network, including non-creators.
Where is all this money coming from?
To make sense of Steemit's experimental and highly innovative economy, you'll need to do some reading. But to quell your immediate fears, just realize that Steemit is already valued in the hundreds of millions of dollars. The project has plenty of investment, crowd-funded by its own users, and it is just getting started.
Why isn't Steemit in the news?
The reason why you haven't heard about Steemit, is because the platform is in beta and not being marketed. There are still major developments being done to make it a truly mainstream product. But if you're reading this post, you'll already have proof that it's working and that it pays.
And despite Steemit operating in virtual stealth-mode for over a year, word has started to leak out. Recently, the network has experienced rapid growth:
You have nothing to lose.
Steemit does not use ads, like Adsense; nor donations, like Patreon. It is a next-generation solution to compensate content producers.
Don't wait for YouTube to fully sanitize their network, censoring your content and further lowering your earnings.
Those YouTubers who make the minimal effort to create a free Steemit account will be getting in on the ground floor. They will be setting themselves up for maximum earnings when this platform is officially launched. It is only a matter of time before the rest of YouTube understands this opportunity.
But don't take my word for it.
Signup, and take a look around for yourself!
Monitor the value of STEEM, the crypto-currency that powers Steemit.
Research Steemit's growth stats from these handy charts.