Can the Steemit Platform Become a Main Profession ?
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Can the Steemit Platform be used as a Main Profession?
Steemit is a social media platform, it allows users to create quality content and earn rewards. It is certain that we can earn a good amount of capital on this platform, but consider this as a permanent way of income may not be a good option.
As we know the capital we earned on steemit totally depends on the quality of our content. The users who create high quality contents generates a good amount of income. But due to its large user base it is not possible you can get upvotes everytime. There could be a competition and it requires a significant amount of time and effort. It takes a lot of effort, time in creating and promoting content to engage your audience.
Undoubtly the crypto market is highly volatile, so as steem tokens. It can fluctuate greatly depending on market conditions. So I would say relying solely in steemit for income can be risky.
Last but not the least its sustainibility, steemit to a certain degree is a new platform, and its long term viability is uncertain. Indeed it has a dedicated user base, but there is always the risk that the platform could become outmoded or be excel by other blockchain based social media platforms.
Nevertheless, while it is possible to earn a significant income on Steemit, even if it can be used as a main profession turn on a heterogeneity of factors, including the calibre of content produced, the level of engagement it receives, the volatility of the Steem token market, the amount of time and resources invested in the platform, and the sustainability of the platform itself.
Can the presence of the Steemit platform remove the negative stigma of Blockchain, so that it can be turned into a great opportunity for investment in the future?
Blockchain technology has had a bit of a bad reputation in recent years due to its consortium with cryptocurrency and some illegal activities. However, the Steemit platform has the potentiality to change that negative taint by signify the positive uses of blockchain technology.
Steemit platform remunerate content creators and curators with Steem. By using blockchain technology, Steemit generates a decentralized platform for content creation and monetization. This unique slant could show investors the prospects for blockchain technology to transmogrify industries beyond just social media.
While the success of Steemit is fortifying for the blockchain industry, it's important to be sure that this is still a young and developing field. There are many summons that the industry will need to overcome before blockchain technology can be adopted on a large scale. These append regulatory hurdles, scalability issues, and security concerns.
Nevertheless, the existence of successful blockchain-based ventures like Steemit can help change the negative insight of blockchain technology and captivate investors to the industry. Although, it's important to outlook blockchain investment with caution and rigorously research any opportunities before investing.
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