"Unlocking Digital Wealth: The Synergy Between Social Media Monetization and Hive Blockchain Accounts"

image.pngsource

Blockchain technology in association with social media interference when it comes to earning has been something of a wonder, following the aspect of monetization both have in common. Web 3 spaces have proven their exceptional importance and have been an eye-opener, following the advancement in ages and times, but one mystery they have unveiled is the work pace being easy and the earnings being on the rise and fast-growing.

As the world grows, needs grow too, which of course are monetary-based, and we humans are constantly researching things that don't just give us peace of mind as mere emotions but also solve our problems, irrespective of how big or small they are. With this, it has now been taken off the radar of social media account monetization. This research counters the fact that we spend more time on social media pages without being rewarded for it. Because of how entertaining some social media pages are, most people's internet subscriptions for the day or month are exhausted. But now people are wise enough to create social media pages with quite a number of people, follow the rules, and get the page monetized.

The interrelationship between social media account monetization and Hive accounts

image.png
source

This subheading has to do with highlighting what is obtainable between social media accounts and hive accounts, comparing and contrasting their dividends generated monthly, and more.

(a)

Activeness in Engagement

Quite understandable and relatable is the fact that both social media accounts, pages and hive accounts share this in common, as this is where the money comes in. No matter the millions that follow a page, if the page does not produce results or have some sort of engagement from the page manager down to the viewers, the needed money for it can't be gotten. So the owners or managers of the page constantly engage their followers with several forms of engagement, in the form of videos in which the views are counted and written posts in which the comments serve as the connection between the owner of the page and the followers. These two means increase the activities found on the social media page or personal account while adding up to determine what would be the pay for that month.

Relating this to hive Blockchain account, already the accounts here are monetized and the money gotten is dependent on how engaging the account is. Engagement in the aspect of back-to-back post-dropping, comments, staking of tokens, and more If one's money for the week is to be increased, it must have been that the level of engagement has also increased, not just by increasing but by doing the right thing at the right time. For example, since there are different niches and communities one can equally engage in based on what one wants, the needed engagement in the aspect of posts and comments should be followed through such that the articles written conform to what the community tolerates.

(b)

Tokenization

Obvious enough is the fact that the payment system on hive blockchain and that of social media are quite different. One comes in the form of tokens, which are hive rewards, and one comes in the form of dollars or more, but in all, one is paid maybe something commensurate to what the page held within that month. The tokenization aspect of social media rewards comes in scenarios where the page owner of the page goes live and the viewers, maybe before now, have already banked their accounts with convertible means of payment,, popularly known as STARS, so during the live broadcast, the owner of the page solicits for help or support in the form of the viewers sending stars to help support the page and more. In this article, we aren't diving into how the starts are gotten, but the relationship between this and the hive account.

On the other hand, in place of the stars seen on social media accounts, which are more common on Facebook, hiveaccounts receive tokens that back up the upvotes they got from the earlier first-layer reward. The tokens gotten are subject to what the voters have as a second stake, and the quantity gotten is dependent on the percentage vote the upvoter sets.

(c)

Decentralization and Maintenance

image.png
source

The hive Blockchain is undoubtedly decentralized,, but that does not mean that nothing goes for nothing if an account misbehaves. Of course, there are designated workers that oversee that the rules guiding the blockchain are maintained,, as this is much more seen in plagiarism and more. But on social media-monetized pages, to an extent, it is centralized.

The aspect of maintenance on a social media account is what keeps the account either booming or lacking. It must have been that the account manager is up to date following the change of rules made to be abided by, such that the pages aren't terminated. Following the rules and keeping the pages fit makes it spicy and always fit to receive the earned money as the month finishes.

Thanks for stopping by, friends. Do have a blessed day.

Posted Using LeoFinance Alpha



0
0
0.000
1 comments