Unpopular Opinion About Content Monetization and How Web 3.0 Will Create New Paradigm Through Gistcoin

Ojeniyi Ayobami Abimbola
5 min readOct 16, 2021

The web economy has brought with it more financial gains and better wealth than we have ever experienced in history. It all started when bloggers realized that they could monetize their content, then centralized platforms like Google Adsense and Admob jumped on this to make more money as advertisement platform. Ever since, there have been a lot of new opportunities for content creators who are providing value and entertainment to their audience.

Image Credit: Ojeniyi Ayobami

By August 2006, the world experienced the biggest content monetization (video), when Google launched Participatory Video Ads (PVA). It was the first of its kind on the internet. Fast forward to 2010, there are dozens of ways for creators to earn what they are worth in the global digital economy, notable among them are Medium, Patreon, and Udemy.

Does Medium Offer Better Alternative?

Medium is one of the best places to listen to professional voices and get top-notch industry information on earth. Launched in 2012, and after a lot of development and consideration, the team introduced a medium partnership program in 2017. This allows writers to monetize their content, but there is a problem.

Eligible countries are highlighted

The partnership program is limited to creators from 36 countries, only a few from Asia and none from Africa and South America regions. The opportunity to earn is there, but it is within the reach of few citizens of the world. Additionally, getting monetized on Youtube is also a big task, as content creators need to have a minimum of 1,000 subscribers and 4,000 watch hours within a year. When creators finally get monetized, they are faced with the issue of low earnings because their countries are further categorized into tier 1, tier 2, or tier 3.

Is Existing Content Monetization Robbing You?

At the moment, there is a lot of inequality in the web 2.0 monetization programs, it feels like they are designed to exclude some citizens regardless of their talent, creativities, and other innate capacities. The giant payment processors seem to have been rigged against others, they need a platform that will eliminate all entry barriers and allow them to grow regardless of geographical location.

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Gistcoin is the next-generation token that will power the future engine of content monetization using web 3.0. For far too long, all streamers, artists, musicians, writers, brands, and influencers will have the opportunity to get monetized easily, even if they are from underrepresented groups on earth. They will be able to sell their digital goods and earn from their brains. No one will be limited because Paypal, Stripe, or Payoneer have removed their countries from the list of countries they can do business with.

A decentralized world is here, and Gistcoin will allow you to unlock your earning potential. If you have a vibrant community that continues to get value from you, you can earn money from it. They will pay you with Gistcoin to get exclusive access to your premium content. Isn’t this all you have been looking for? And now, you can monetize your content in any way you like.

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Great value beget more Gistcoin, and if you like, you can also reward your fans with $GIST. The next generation of content monetization is now on the blockchain, and more power is now in your hands, more than at any time in human history.

The Gistcoin team launched the beta version of the audio conversation app known as GISTHOUSE, imagine that you can raise your game and monetize voice chat on telegram. This is what GISTHOUSE app is all about, with in-built features that do not exist in other audio conversation apps, you can earn as much crypto as you can.

Features of GISTHOUSE

Here are incredible features that will drive the adoption of the GISTHOUSE app. Right now, all new users will be rewarded for downloading and creating a room within the app, you can refer your friends and earn for life when they download and use GISTHOUSE for audio conversation. Technically, you will earn from all their activities on the platform. Interestingly, when you achieve a certain milestone of followers, you will earn money. You can apply to join beta testers here

Get Sponsors and Own Your Money

When you have a reasonable amount of followers or members in your room, you can be sponsored by brands for custom ads on the platform. Here is a big difference, while Youtube, Medium, and other platforms are sharing ads revenue with you, on GISTHOUSE, you own all the rewards. You are in full control of the monetization program because you are a king, you don’t deserve to earn less.

Conclusion

The world is changing rapidly, and making money from your passion has never been this easy with the arrival of web 3.0 and a decentralized economy. The big brands like Google, Facebook, and Amazon still have unfair advantages, but their power is fading out quickly. It depends on you, do you want to earn what you truly deserve from your hard work? Or are you comfortable with only a tiny amount of reward? The choice is yours.

More About Gistcoin

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This is sponsored article written for bounty reward (Bounty0x username: autofreak)

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Ojeniyi Ayobami Abimbola

Blockchain content creator, full-time cryptocurrency trader and author of ‘Remote Crypto Job Is Waiting for You.’ Social Media Director at Althash University.