NEWSBTC.com "Content Monetization on Steem Empowers Content Creators, Curators and Distributors"
Content Monetization on Steem Empowers Content Creators, Curators and Distributors to Earn Rewards for Their Online Actions.
The online content and publishing industry has always been heavily dependent on advertisements as a major source of revenue. As owners attempt to monetize their platforms with excess ads, readers’ experience on these platforms takes a hit. As a result, many Internet users have resorted to using adblockers to prevent intrusive advertisements from distracting them. At the same time, the social media platforms have become the go-to place for information these days. However, lack of incentives for individuals and even publishers for sharing content on social media platforms has got many people refraining from posting quality content for the benefit of others.
In both the cases, rewards or revenues are the key factors affecting the efficiency of the content industry. Steem intends to solve these issues by introducing a blockchain technology-based social media platform that presents an opportunity to everyone for interacting with it. The monetization layer of Steem platform is driven by STEEM tokens, and the creators of the platform have ensured that every participant/user gets rewarded for their interaction.