Hello readers,
Inleo is one of the most shouted social media platforms in the web3 realm and no doubt it is changing the definition of social media with groundbreaking moves back to back and the latest addition to that list is of course the introduction of LeoAds into the platform and giving one more way for its users to earn more through their interaction in the platform. In this post, I will be talking about what is LeoAds and how you can also benefit from it and stand a chance to earn crypto tokens yourself on top of general curation and author rewards. So keep reading if you are fed up consuming web2 social media all day and wasting countless hours without actually getting anything in return as a user, while the platform is making a ton of money from you.
LeoAds Intro
There is a popular quote... If you are getting something for free, then you are the product. I think it's the exact definition of the current web2 social media users like Facebook or YouTube or any other social media. Most of these platforms have millions of users who spend hours of their daily time browsing these platforms and either consuming content or interacting. Most if not all, these platforms earn billions of dollars in revenue by displaying Ads to their user base and while they do contribute a small portion of the revenue sometimes to the top creators, as a normal user we don't get paid at all. But on the other hand, the main idea behind web3 social media platforms like Inleo was to empower its users and give them a chance to warn for their contribution to the platform and that’s one the great reasons why such social media are rising with rapid speed and gaining a significant number of new users over time. One such social media that is currently drawing people’s eyes is inleo.io and it's one of the pioneers in this sector that is running successfully for years and making a difference.
For those who are hearing the name Inleo for the first time, it is a social media platform that supports both short-form posts like Twitter and long-form blog posts as well. It is built on the decentralized Hive blockchain network and offers its users a censor-free platform with no centralized authority controlling the strings. The main feature of this platform is that users stand a chance of earning money in the form of crypto tokens holding monetary value for their contributions in the form of posting content, voting and commenting. In this platform, authors get votes from other users based on their quality and followers based on their posts and comments and every vote here contains monetary value depending on how much Hive or Leo power is staked in that account. On the other hand, users who have those tokens staked in their account earn curation rewards for just voting other’s contents and the more Hive and Leo tokens one has staked in their account, the more they will be earning. In the screenshot below that I have taken just now from the Inleo platform, you can clearly see the earnings in dollar value in both short and long-form Posts. Please note that authors get half of the amount and the other half gets distributed among voters or curators based on their staked token amount.
top threads earning
top threads earnings
top blog earning
top blog earning
Now, recently Inleo platform has introduced another new and separate way of earning by launching the LeoAds project. The project has been worked on for quite some time and right now it is working well and distributing rewards to the user base. Win a nutshell, the Inleo platform displays ads on the platform and earns revenue from it which it distributes among its user base depending upon some factors that I will be talking about below. The first distribution of LeoAds revenue was on January 18th and I was fortunate enough to earn some Leo tokens being an active user. The LeoAds revenue is currently being distributed on the first day of Each month and just like many fellow Users, I also received a bunch of Leo tokens from the revenue.
Top earners of this month's LeoAds revenue
Top earners of this month's LeoAds revenue
In order to receive a portion of the LeoAds reward distribution, there are some rules that you must follow.
- You must have at least 500 Leo tokens staked in your account.
- You must be active in the platform and have a decent interaction at least on a monthly basis. By interaction I simply mean publishing short and long-form posts on this platform, voting and commenting on others' posts.
Here, the minimum bar for interaction is pretty low at the point but it may rise depending in the total interaction level. For a real-life example, this was the minimum bar for this month’s LeoAds reward distribution.
-
0 blog posts
-
2 threads (short form post)
-
0-25 upvotes
-
No Leo token power down (un-staking) in the last 90 days
So you can clearly see anyone can do it and you don't have even to be active daily or for hours to pass the bar. However, I would suggest being active on this platform and interacting with meaningful content because you can earn way More in the form of author rewards if other people find value in your contribution and choose to vote for your content.
My earning from LeoAds
I hope you liked reading my post and if you are interested, I would ask you to try this amazing Social Media for some time and decide for yourself if it's worthy of your time. It is completely free to use and you have to open a Hive account for free and start your web3 journey right away. You can also buy a premium subscription to receive amazing perks and advantages in this platform along with a premium orange checkmark by your name but it is certainly not necessary to earn in this platform. So, what are you waiting for?
