Today, cryptocurrencies play a leading role in payments that are not related to banking systems. For example, in 2021 alone, the growth in the number of cryptocurrency donations increased by 1558%. The bulk of these donations was given to non-profit charities, but P2P donations to bloggers, creators, and influencers are also gaining popularity.
However, there is a problem: although the popularity of cryptocurrencies in the blogosphere is growing, until now there has not been a single ecosystem that could make donating really simple, not to mention additional content monetization functions for bloggers and their audience.
Fortunately, in 2021, the Smart Donation Coin SocialFi ecosystem was created. This system provides bloggers and their audience with the opportunity not only to conduct quick crypto donations but also to monetize any other activity in the blogosphere.
What is Smart Donation Coin?
Smart Donation Coin is the first SocialFi project on Binance Smart Chain, which provides bloggers and their audience with an additional opportunity to earn money. The service offers 4 basic ways to monetize content and simplify user activity on social networks:
SDC allows users to quickly, simply, and anonymously support bloggers, avoiding the disadvantages of traditional donation services.
SDC allows bloggers to perform simple tasks from advertisers, and earn money from advertising in SDC tokens.
After registration on the platform, each blogger will receive a unique personalized NFT. This will help make communication with the audience friendlier and more emotional. On the SDC NFT marketplace, it will be possible to sell both the received talisman token and any other blogger tokens.
Thanks to the BNB blockchain, the service allows each user to receive passive income for storing SDC tokens.
A simple monetization and donation system
By connecting bloggers and the audience through a decentralized network, the donation service offers a safer alternative to support content makers.
How to send money to a blogger in Smart Donation Coin: connect a cold wallet to SDC; use USDT for donating; an automatic exchanger converts USDT into an SDC token; the SDC token will be sent directly to the blogger’s wallet.
The SDC user will receive:
- Advanced availability: the user can pay with cryptocurrencies even if he or she lives in a region with a low banking financial system development
- Privacy: no one will know to who is a one sent money. Support favorite politicians and social figures without fear for personal data safety.
- Low service fees: when using the SDC token, the service fees are lower than those of any other donation platforms
In addition to donations, every blogger with an audience of more than 1000 subscribers can earn money from advertising. To do this, a certain number of tokens are credited to its crypto wallet. The number of tokens accrued depends on the audience:
- 1k — 5k subs = 50 SDC;
- 5k — 20k subs = 100 SDC;
- 20k — 50k subs = 150 SDC;
- 50k — 200k subs = 200 SDC;
- Over 200k subs = 300 SDC.
With each completed task, a predetermined amount of tokens will be unfrozen, which means that they can be exchanged for another cryptocurrency, or left at home to earn on staking.
Monetize social activity via SDC
The Smart Donation Coin platform operates on SocialFi, a fundamentally new concept of decentralized finance focused on a combination of social and financial achievements. This allows users to directly convert social activity into digital assets.
More information about the Smart Donation Coin project can be found here:
White Paper – upload/whitepaper.pdf
Disclaimer: This is a paid post and should not be treated as news/advice.