Steem - New Way To Earn On Post!

15 Sept 2019 · 9 min
9:16

In this video Michael Joseph Presley introduces a new companion project for the Steem blockchain that distributes Tribe/SCOT‑like ERC‑20 tokens to content creators. Users submit a link to any live Steem post (regardless of front‑end) and automatically receive tokens based on three criteria: a reputation score of 65 + (5 tokens), having 5,000+ followers (5 tokens), and an optional staking multiplier (each 100 tokens staked adds 1 extra token per post). Tokens are valued at roughly $0.07–$0.08 each, so a maximum of 10 tokens per post translates to about $0.70. Payouts are processed within up to seven days after submission. The presenter emphasizes that the system is a simple, democratic vote‑based complement to existing Steem reward mechanisms (proof‑of‑brain, stake‑weighted voting), not a replacement. He claims the project is part of the Steem proposal system and could inject $170 million–$1.7 billion of value and attract 1–3 million new users. The video ends with a call to like, subscribe, and explore the provided links.

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