PROMOSTEEM CONTEST: Promoting steem and steemit on social. @habdallah
Hello to everyone out here. Is this your first time of hearing the word steemit?
Well then i will explain to you briefly what steemit is. Steemit is simply a blockchain-based blogging and social media website, that rewards its users with a cryptocurrency. The steemit community rewards it users with the cryptocurrency called STEEM.
Steemit rewards it users or members when they publish or create a content on the steemit community. The steemit community has so many communities where one is expected to join any of his choice after signing up for steemit.
Coming back to the contest, it a very nice approach on how to let people know about steemit.
With regards to the first question, Which is how is income generated on steemit.
Income is simple generated on the steemit community or platform by creating your post or contest which suits the regulations of a particular community you are posting it to.
Also one can generate income by participating in contest organized by the various communities on steemit. Mostly, rewards on the steemit community is in the form of steem which i earlier stated that it is a form of cryptocurrency.
More rewards are being earned for creating better contents.
The second question, is asking about the current prices of the steem and sbd.
The steem i think you know what that is? One might ask what then is the SBD? It is an abbreviation for the word Solomon islands dollar. Which is also a cryptocurrency used by the steemit community.
The current price for the steem is seen in the screenshot below👇
Also the sbd which is the Solomon islands dollar is also seen below👇
The amount of reward one can generate solely depends on his or her work or should i say publication.
Looking at the current of SBD, 1SBD is equivalent to 7USD. As at now ,1USD stands at approximately 6cedis. Which is quite enough money.
Which means when ever you make a post and gets at least a good reward for the post you are likely going to get good amount of money when converted into the Ghana cedis.
The amount of rewards i gained last month and some couple of weeks ago is below.
I haven't personally taken out any money from my steemit wallet. Either to buy somthing or invest with it. The reason for me not takinv any thing out yet is that, I'd set for my self some amount i want to aquire before i can start taking anything out of my wallet.
Hope this is very educative and useful to you.😁
I invite @abdulkahargunu, @mukadas,@zology69,@five5 and @mukka
Steemit will soon take over many social media but till then, we have to work hard in promoting the steem brand.