STEEM: The Epitome Of Multiple Streams Of Income by taskmaster4450

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· @taskmaster4450 · (edited)
$12.02
STEEM: The Epitome Of Multiple Streams Of Income
![](https://cdn.steemitimages.com/DQmYATMDzh5G7eKBFPgvfiAyDf1dG7KCmJEDDUja6XVf6PC/image.png)

We all heard it over the years.  To truly be financially successful, it is imperative to have multiple streams of income.  

Those who depend solely on one stream, the paycheck, have a difficult time getting ahead.  Part of the problem is the time for money concept.  Another issue is that if that one dries up, there is nothing left.  

STEEM is showing me at an ever increasing pace that there are so many "streams" on this blockchain.  What is most exciting is that this is only going to grow as time passes.  STEEM will be the epitome of the multiple streams of income concept.

Let us start with the opportunities with STEEM.  For the sake of this post, I am going to presume that all STEEM ends up as SP.

We all know that we get paid when someone upvotes a post or comment we make.  At the same time, when we upvote someone else, that vote has a value of which we receive a percentage.  

Hence the idea of getting paid to post, comment, and upvote.

![](https://cdn.steemitimages.com/DQmTm91dfYtVB26xaCqgfZiGjtDTdrRFrXAM7q8TMtAVzkp/image.png)

I posted the other day about Steem Dash.  This is an app that allows one to enter his or her account and see the inflation rate grow in the account.   STEEM presently has an inflation rate around 9%.  To provide a bit of a hedge to people who "invest" in the STEEM blockchain by powering up, the system provides tokens at the rate of about 1.8% annually.  This application allows one to see the pace of increase.

https://steembottracker.com/steemdash/?account=username

Joining curation trails such as @tribesteemup enable one to automate the process of earning from upvotes while also becoming part of a larger team.  At the same time, timing the vote properly will get you in front of a larger upvote which will increase your curation payout.

For those who amass a bit of STEEM, you can delegate SP to others.  Originally this was something where some opted to delegate STEEM in return of weekly payments from individuals.  Of late, we are seeing a shift in the practice on here.  The latest is that projects are being funded via delegation, with those applications offering a weekly payout.  

@steemhunt used this to perfection.  That group was able to get 1.5M SP by offering a percentage return to everyone to delegated.  This delegation is being used to fund their start up costs.  

@dtube is offering something similar.  The difference is that @dtube pays in SP on a weekly basis whereas @steemhunt pays with the Hunt token.

@Dporn had a post last week that they are paying using both STEEM and their Bitshares based token for any delegation.

@steembasicincome has an interesting concept.  With their system, individuals are able to buy shares for other people.  A share costs one STEEM.  What is nice about this approach is that two shares are issued; one to the purchaser and the other to the one he or she is buying for.  While the payouts are not huge, they do upvote every post one makes.  There is no end to the program so the payouts are ongoing.  As long as one is posting, the @steembasicincome bot is upvoting.

![](https://cdn.steemitimages.com/DQmYM7JdPJWQWE1wexeqqm8QiwgRUMrU7NcqHT66sGrQPwS/image.png)

Another recent way to make a little extra is to upvote people on @dtube.  This application takes 25% of the payout on a post.  Many application have this option and use it as a means to fund development.  A few weeks ago, @dtube announced they were going to give that 25% back to curators.  Hence, upvoting on that application will put a little more in your wallet.

@appics is the first application that will appear using the SMT protocol.  This will have its own token (XAP) that was already created using the ERC20 protocol.  This will be switched over when the SMT is released.  At present, one is able to amass bounty points by spreading the word about @appics.  This will translate into tokens.  Also, when released, one will be able to earn XAP simply by being active on that application.  Since it is a mobile app, it brings a new angle to this blockchain.  

Finally, there is @steemhunt.  This is the first application that offers payment in its soon to be SMT created token.  By being active on their website, one is able to earn Hunt tokens.  Hunters can also earn SBD for posts about their finds.  This token is not released although they did set up a Ethereum based wallet system so people can earn now.

I am sure this is not a complete list but it does illustrate the point I am trying to make.  Right now we have @appics and @steemhunt as SMTs we know will be on here.  There are going to be more.  There will come a day when we will have the option of earning hundreds of different tokens on this blockchain.  Just look at the present applications and you can see how they each could create their own token.

While many of these streams will not make anyone rich, they do add to the wallet.  The key is consistent earning over a long period of time.  That is why all reasonable posts about success on the STEEM blockchain tend to discuss the idea of consistent activity and long-term focus.  

With all the negativity and FUD being spread, long-term HODLers are best served spending 2018 accumulating tokens.  Even if one is not in the position to buy STEEM, there are many different ways to get some flowing into your wallet.  Over time, with continued effort, this will add up.  

Look at it this way, since @steemhunt is airdropping a token for every SP in a wallet, each new SP earned also gets one a Hunt token.  Double the tokens.

There are a lot of exciting things happening on the STEEM blockchain and **this is only the beginning**.  Over the next couple years, I expect to see a continued explosion of development on here.  This will only make this entire ecosystem more valuable.

If you found this article informative, please give it an upvote and resteem.

 ___

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<center>[Click For Manna Coins](https://www.mannabase.com/?ref=fbt5zz3bfh)</center>

<center>In full disclosure this is a referral link</center>

<center>![image.png](https://gateway.ipfs.io/ipfs/QmQLKfoqkXhEnAbEp3GTsCPtA1Yu8ZzP5QncY37jNSaQpV)</center>

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vote details (76)
@mayyu1008 ·
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@phelimint ·
I think your quite right! In the last year here being active on the platform and reinvesting all my earnings back to SP I’ve amassed quite a little stockpile worth quite a bit and bound to be worth much more long term. And now with all the other option on the blockchain it’s not just for bloggers.
I can’t wait for other SMTs and even if a couple offer airdrops to SP holders we are going to be entering a really exciting time around here.
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@taskmaster4450 ·
>And now with all the other option on the blockchain it’s not just for bloggers.

This is a great point and perhaps the subject of a post.

It is wonderful to see the expansion and development of this blockchain.
👍  
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@phelimint ·
Definitely, recently I’ve been most exciting about the growing fitness community here, and there are actually some guys finding ways to reward you through the steem blockchain by posting run and fitness data. There are so many opportunities.
👍  
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@safwan.efendi ·
Post yang sanggat indah dan sungai yang jernih
👍  
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@stokjockey ·
@taskmaster4450 I have been thinking about adding more to my delegation with @steemhunt. It's exciting knowing that you get their tokens that could be worth a lot more once the Drop happens.............
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@sajjadk ·
it was a great post ...i really like it 
> Even if one is not in the position to buy STEEM, there are many different ways to get some flowing into your wallet. Over time, with continued effort, this will add up.

Can you further explain it?
👍  
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@taskmaster4450 ·
If you dont have money to buy STEEM, there are other ways to earn it.  Some of the ideas that I posted in here will allow one to amass STEEM without buying it on the exchanges.
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@sajjadk ·
thanks @taskmaster4450
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@joetunex ·
A crypto world where we don't have to buy cryptocurrencies but as a way of income is what we dream of and as you pointed out we are heading in that direction. 
Thank you for your continued motivation @taskmaster4450, looking forward to the July "Minnow Uprising"
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@diogosantos ·
With hard work you will always receive a small amount of STEEM, and with time, slowly but surely everybody can have a respectable wallet. I´m an example of that, I started from nothing, 6 months ago, and I still think I´am doing pretty good considering that I have invested nothing.
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@sajjadk ·
i just review your last week post and you have earned not more then 0.3 sbd on each post...is that enough ?
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@diogosantos ·
Exactly, STEEM offers all of those options to receive income, and we have to always consider the valuation that is coming when the mass adoption starts.

But I guess that all of us, true believers already knew and were counting with that "extra payment".
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@gniksivart ·
Getting more and more involved with @steemhunt. Seems to be an awesome project and already rewarding people for participating with upvotes and resteems.

Going to check out @appics now.
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@diggndeeper.com ·
I continue to scratch my head as to why Steem is so undervalued. They say when SMTs get here. I just simply don't understand how the most used blockchain is not worth more. Trending down against the others today. Makes a good buy time.
👍  
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@taskmaster4450 ·
I would say overall market decline in crypto is a large part of it....then you add in the fact that STEEM really has no marketing at this point....everything is word of mouth unless you count on some of the misleading ads on Youtube and Facebook that individuals post.
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@rollandthomas ·
$0.02
great post, does 1 steem = 1 sp?
👍  
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vote details (1)
@phoneinf ·
Yes
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@flauwy ·
I find it exciting to look ahead and imagine one year in the future when all these first SMTs are out and when the market has hopefully grown. We will all make so much money grinding all these platforms.
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@taskmaster4450 ·
> We will all make so much money grinding all these platforms.

Exactly...and then we will be the ones in the Age of Abundance and leading the way.  At that point, it is up to us to keep pushing the doctrine of decentralization and abundance forward.  Our roles is to give others the same chance.
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@luppers ·
Informative post!
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