Want to Earn Cryptocurrency with Microtasking? by @socky

in #bitcoin7 years ago

Earn Anywhere, Anytime, From any Device

storm1.png

What are Microtasks?

Microwork is a series of small tasks which together comprise a large unified project, and are completed by many people over the Internet.

Why do companies need real people to perform micro tasks? Shouldn't there be software to do this?

Some of these tasks need human judgement. While computers can put on-line content together, people are needed to make judgements (Like which picture is more appealing?). Making human judgements and ranking are tasks that machines have high level of difficulty to perform or completely impossible with computing systems of today. It is far easier and cheaper to get real people to perform the tasks, but who do you hire? Many businesses don't need or want a full time staff to do this work, so companies have created platforms to farm the micro tasks out to anyone that wants to earn a little money.

Here are some examples:

  • Amazon Mechanical Turk
  • Fiverr
  • Upwork

Why a Cryptocurrency, and How is Storm Different?

Just like the examples above, Storm delivers a platform that allows freelancers to earn micro payments for micro tasks. The work can be done full time or simply while killing time (like waiting for a ride or waiting in line).

  • The difference is that the competitors are charging up to 40% to use their platform as a (middle man). Introduce Blockchain with the Storm protocol and the middle man is cut out.
  • “Storm Players” receive reward units called Bolts in return for performing specified tasks. Bolts may not be transferred off of Storm Market, however, they are redeemable for STORM Tokens. STORM token is an ERC20-compliant token that operates on the Ethereum blockchain.
  • Storm introduces Gamification - Gamification is the process of adding games or game-like elements, such as a micro-task, to encourage active participation. This is used to boost the user's motivation for participation, enhance the level of engagement and increase user loyalty. In essence, it is fun to perform the microtasks.

Usage:

  • 1.5 Million Downloads
  • 250 Thousand Monthly Active Users

Exchanges:

  • Binance
  • Coinrail
  • Bancor Network
  • HitBTC
  • Coinnest
  • IDEX
  • YoBit

Website:

https://stormtoken.com/

Whitepaper:

https://s3.amazonaws.com/cakecodes/pdf/storm_web/STORM_Token_White_Paper_Market_Research_Network_Development_vFINAL_.pdf

I hope you enjoyed reading my Blog. Please remember to Upvote, Resteem, and Follow. Thank you.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

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Ah, though I was aware of Storm, I did not know it caters these areas. :)

I saw Storm tokens shoot up 40% today and though I should research it and put together an article. I’ve heard of people performing microtasking months ago. It is interesting now blockchain is being used.

This surge will reduce your bolt value and finally your equivalent value will be same. So it is important to redeem storm only when storm price fall,because you get more storm and then store them in wallet for future gains

Do you know when the stormplay app will be available for iOS devices?

I don’t have a date when. The StormX commitment it to make it available on ANY device.

Very beautiful. cryptocurrency post this post to you for thank you very much, and this post a lot like and like post vote and comments and post share, I like this post a total of all see and this post to everyone can vote

Thank you for Resteeming! Glad you liked it.

Wow... Today is the first time this coin has moved since it hit Binance! Been watching it all day... I don't know if it has much longer to go. I keep giving it another 20 mins... It all started 7 hours ago. I give it 20 more mins before people start to puss out. hmmmmm

Haha, yeah it is a matter of time.

I am disgusted with myself. bought at 2Cents sold at 5. now its at 8

I'm already using strom play app and earned around 45 strom so far...Expecting some price surge in future. so I will not sell them. And there is one thing to remember,earn as soon as possible and convert bolts to strom .Unless you redeem your storm you cannot enjoy price surge. Because Bolt value changes according to market conditions and your equivalent strom value also decreases.

That is really cool. How long and how often have you used it to get to 45 storm?

It took around 45 days because i could not give it time. You can claim 500 bolts for every 30 minutes. I completed 2 offers there by getting around 22 strom directly,remaining from the 30 min claims. If you claim at least 10 times a day then you can redeem storm in 14-15 days probably

Is it fun to use? They claim they gamified it to keep it interesting.

You have to complete 2 offers initially...first one is to just install app...after that i was awarded 25000 bolts. Then next offer is to play a game and complete game upto level 5.It is quite easy. This offer gives you 120000 bolts . So you get 140000 here itself. You can claim your storm once you reach 187000 bolts. So you should make nearly 100 more claims(each claim in 30 minutes) in order to cash out. If u want me to grow faster then you can give it a try using my referral. You will be awarded 6000 bolts directly
Have you checked out the Storm Play app? Sign up with my code and we will each get 6,000 Bolts when you try it. Code: HVBTML https://goo.gl/U4c1GJ

That is great info. Have you blogged about your storm play experience? If no, you should.

Definitely I will. I'm just wondering on what to write about. You gave me the idea. Thank you for that!. Soon I will write my about my experience with storm paly.

nice quick read. do any of them pay in USD

Not in USD, but in bolts which storm tokens can be redeemed. Then head over to Binance and exchange for STEEM! Haha just kidding. But once at Binance, they can be exchanged for just about anything except USD... Thanks @theuxyeti. It has been a long time. Are you feeling better?

feeling better 95%... what roughly can you make doing that stuff? is it worth while

@kpreddy broke it down pretty nicely in the comments here. Storm is trading for $0.026 right now and is up 51%. I guess if you like killing time with a phone app, it would be worth it, but I couldn't make a living doing it.

ah so you use your phone app to gain coins? yea... not a good use of my time lol

Nice post friend, thanks for information

Thank you for the resteem!

great article , thanks for sharing this great Idea abut how to make money online

I'm glad you liked it. Maybe not a lot of money, but something.

After all it's free and it monetize your free time

I know a little bit about freelancing & Upwork but don't anything about "Amazon Mechanical Turk" & "Fiverr" since before. Thanks a lot bro @socky to share such kind of important information.

I’m glad you found it useful. Thanks for the resteem!

Good post, thanks for sharing

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