Hey people of steem,
There is always talk of crypto replacing this and that. But one aspect people miss on is that fact it can be used in various fields as a new way to monetize something. And unlike other forms of monetizing it does not alienate the audience, it actually does the opposite.
Lets look at ways that people monetize today. You have ads which can be obtrusive. There is subscription fees and selling which cost the viewers money. There is data selling (which is newer) but people are not happy with that. And you have tipping which works but also costs the viewers. These are the ways you can make money from your content regardless of what content it is. But now we have crypto which is literally a new way to bring money to people who want to work online. You can set up a system that rewards people for their work on a daily basis or reward people who watch.
This can be set up in various ways and steemit is only one example of an algorithm you can use. But regardless of which way you set it up, you can still do the things you were doing to make money from the other forms of monetizing. You can run ads on a blog, charge fees and ask for tips all while getting crypto. And it is here where we will see other apps utilize coins for their sites.
Take a site with streaming. If there was a similar service that gave out coins for watching and posting and cost the same, that service would have an edge. There is no reason for sites not to add this system to their network as it only increases revenue. And on top of that, when you give out coins, you are getting people invested in your product. Literally. People will spend more time and want to see something succeed that they have a piece of.
What would you like to add a coin too?