How to Made $15,000 in 12 Hours on the New Blockchain-Based, Social-Media Site Steemit

How to Made $15,000 in 12 Hours on the New Blockchain-Based, Social-Media Site Steemit

Here at The Dollar Vigilante, we are among the most prolific followers of cryptocurrency and blockchain technology developments.

We've been covering bitcoin since $3 in 2011 and Ethereum since this January, and it has risen 600% since then. We've also covered numerous blockchain related companies including Arcade City, the new decentralized Uber killer app.

All of these have been covered in our newsletter first (and is a good reason to subscribe!) and some of our subscribers have made fortunes.

But today I want to tell you about a new blockchain based social media site and cryptocurrency that could be the next big revolution. And, even better, anyone can make money on it right now without doing anything but publishing their content on the platform.

The site is called Steemit and the cryptocurrency backing it is called Steem dollars.

HOW I MADE $15,000 IN 12 HOURS ON STEEMIT

I had heard of Steemit a few months ago but it is just one of dozens of interesting new blockchain based enterprises that crosses my virtual desk every day. I knew it was a blockchain based social network, but that was the extent that I knew (you can read more about how it works here).

But I kept hearing about it and two days ago I decided to post something on it. All I posted was a very brief introduction of myself called, “The Dollar Vigilante Is Now On Steemit!”

Much to my surprise, within 5 minutes, the post had already made me $350. And, by the end of 12 hours (the post only makes money on upvotes for 12 hours) it had totaled at one point over $15,000 (the value changes slightly all the time as the value of a Steem dollar trades higher or lower in the market)