After studying this stats by @dalz showing top Hive earners in March 2022, it dawn on me the possibility of earning over $1 million on Hive blockchain annually. Combining all four categories of earners - authors, curators, witnesses and DHF/DAO funding, @appreciator and @Ocdb ranked top with about 75,000 Hive earned within 30 days from curation. That's worth a little above $90,000, and if you multiply that by 12, you'd certainly get a figure over $1 million USD.
Agreed that curation, witness earnings require an initial investment in staking Hive or running nodes, however, a category like author earning is an aspect of earning on Hive that can be started without an initial investment, except for data and a smart phone or PC. I actually started my content creating journey on Hive without a startup capital and believe many here have similar stories. Earning huge money from content creation on Hive is the emphasis of this piece.
The above graph is drawn from the quoted stats. It shows the most rewarded Hive authors. A careful observation of the chart shows that an astute content creator in the LeoFinance community and an ardent believer in the future of Hive, Taskmaster4450 tops the list with his crypto/finance comntent account ( @Taskmaster4450le ) and also occupies the fourth spot with his general content account ( @Taskmaster4450le ). If we do a little math, he earns about 6,250 Hive (4000 + 2250) in 30 days. That will amount to 75,000 Hive in 12 months assuming that figure is the average earned each month. That sums to $91,500 USD. This excludes his $LEO earnings for publishing daily on LeoFInance.
Meet the man who earns $91,500 Writing on Hive and LeoFinance
@taskmaster4450 calls himself a "Chief Technologist/Futurist". I call him a Tech-Economist. I follow his blogs and can say he is one of my favourite authors on Hive. Always learning about the future when it comes to economics and technology, particularly, cryptocurrency.
I recently joined this site and am looking forward to interacting with you all. My motivation is simple: I believe in decentralization, crypto currencies, technologies, the future, and UBI. The world we live in systematically designed to benefit the few while the many are left out. Never was I a Facebook person (why make Zuckerberg wealthy?) but I got excited when I found a decentralized network like this. I guess you could say I am a technologist who is inspired by a decentralized future where the average person can profit off what he or she does. source
Indeed, it is awesome to see that just lending your voice on trending issues or sharing your perspectives about anything on the Hive blockchain can help anyone build a substantial wealth. $91,500 in my local currency (Naira) can be used to set up a cottage industry), can build a school for over 500 students. Nigeria is a developing economy and our currency loses value on daily basis to the USD.
Write-to-Earn on Hive, LeoFinance
Writing to earn has been a long standing high paying career. However, many thought it was for professionals and journalists. many are unaware that social blogging is a for of writing that can pay bills. Others are just wasting their data on web 2 social media just for the fun while a few have recognized the shift to Web 3 socialmedia that gives you value back for your time and data.
Today, Play-to-earn, move-to-earn, write-to-earn are emerging concepts in the cryptoverse. Social blockchain platforms allows you to create contents and earn cryptocurrency for your time, skills, data and even patronage of the new technology.
How to Make Huge Money Writing in 2022
Having read the afore, I am glad to outline how you can make huge money writing in 2022. Here are a few steps to follow:
- Join Hive. There are free options here and you can join via Twitter or MetaMask.
- Subscribe to communities of your choice.
- Read other users' blogs.
- Get inspired in the trending page
- Start creating your blogs.
- Be original and creative.
- Always reference sources you copy from.
- Always engage other authors with your comments.
- Stay consistent and improve in your writing skills.
- Always be ready to contribute value to your community like Taskmaster4450le does to @LeoFinance.
Final Thoughts
This is year 2022 and and era of work disruption. Thanks to Covid-19 that helped us to see how well we can contribute value to the world and others when when quarantined. Technology has improved communication and cryptocurrency added value to it. How to make huge money writing from the very comfort of your room. As long as it carries the information, knowledge and ideas others want to consume, you will always be rewarded and that bountifully.
If you're talented at research, and have good communication skills, then Hive is a place to be. If you are versed with technology, cryptocurrency and finance knowledge, then you can make your home community to be LeoFinance. You just started a great and lucrative career.
Join Hive Here and start a new work!
What is Hive?
Hive is an innovative and forward-looking decentralized blockchain and ecosystem, designed to scale with widespread adoption of the currency and platforms in mind. By combining the lightning-fast processing times and fee-less transactions, Hive is positioned to become one of the leading Web3 blockchains used by people around the world. source
What is LeoFinance?
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
About me...
I am a called teacher, a serial entrepreneur and a Graduate of Agricultural Engineering. Nigeria is my root and a place full of opportunities. I dropped out of a Master's Degree program due to funds, yet I do not regret growing the courage to start my business from the scratch. Today, I've built layers of Businesses on the Hive blockchain in terms of Curation and it's a sustainable passive way of earning crypto while learning.
I am your favourite Hive Tribes Promoter and Curapreneur!
I am @Uyobong.
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