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A Better Way to Monetize Content by xyzashu

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· @xyzashu · (edited)
$78.39
A Better Way to Monetize Content
Today, online content creators, authors and publishers have limited means of monetizing their content. The popular formats are using advertising networks, affiliate programs or some kind of subscription model. 

These monetization models are sometimes intrusive and at times irritating for the users. Most users hate advertisements but many of them can't afford subscription and hence are filtered by pay walls.

But one thing is certain, whether directly or indirectly, users pay for the cost of content in cash or kind.

Here I'm talking about a new project that makes earnings possible for both authors / publishers as well as readers / consumers. This de-centralized blockchain based innovation is called **Gath3r**.

Gath3r makes use of spare computing power of the content website visitors and monetize it to re-distribute it to publisher, visitor and some share to Gath3r. 

Gath3r does that through in-browser web-mining of cryptocurrencies in a completely transparent way.

Any website owner, blogger, streaming website, mobile app can host a small code provided by Gath3r and that will enable in-browser mining of multiple cryptocurrencies using spare computing power of visitors. The process of mining is very transparent with visitors expressly opting-in with their willingness for their participation.

Gath3r rewards authors and content publishers with their own GTH tokens or Bitcoin. Fiat payments in USD and other currencies is also possible wherever permitted. 

Here is an official intro video for the same:
<center>https://youtu.be/80H0YyzZ6l0</center>

Publishers have the liberty to offer a portion of their earnings to their visitors. So visitors get a share of pre-decided percentage by the publisher for participating in the mining activity along with getting free access to the valuable content.

Publishers can also embed this mining system on their website or app along with other existing revenue models like advertising, affiliate marketing, sponsored content etc.

Unlike other projects like CoinHive that mines only Monero or JSECoin that mines only JSECoin, Gath3r offera a way to exchange GTH coin to other cryptocurrencies or fiat. Gath3r also charges a very low fee which keeps lowering with higher userbase of a website or an app.

Highly recognized organizations like **UNICEF** and **PirateBay** website are using Gath3r to mine cryptocurrecnies. According to the [CoinDesk report](https://www.coindesk.com/unicef-taps-in-browser-mining-to-raise-funds-for-children-in-need) UNICEF has launched this [website called The Hope Page]( https://www.thehopepage.org/) where its visitors' computing power is used to mine cryptocurrencies. These are then converted to fiat to donate it to UNICEF Australia. 

With these innovations, Gath3r is also helping wider de-centralization and reach of several blockchain projects by distributing its hash power. 

Its Merged Mining also allows low hash powered cryptocurrencies to increase their hashing power by bootstrapping on other popular cryptocurrencies. 

If you're interested in this project, they are also coming up with an IEO within a fortnight. To know more about this project, head on to its official [website](https://www.gath3r.io/) or [blog](http://blog.gath3r.io/) here. Other social contacts: [Twitter](https://twitter.com/Gath3r_io), [Telegram](https://t.me/joinchat/G9LBMU5Q0-owTiN9LWHu8Q) and [Bitcoin Talk](https://bitcointalk.org/index.php?topic=5035277.0)

Overall, I find it an interesting and additional way to monetize content and putting the world's spare computing power to some good use in the interest of decentralizing and securing blockchains.

Alas, Steemit.com doesn't have any option to host such a code or widget for bloggers so that they can capitalize on spare computing power of their visitors too!
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 707 others
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vote details (771)
@sumit1998 ·
Thatโ€™s really great ๐Ÿ‘ I will try it
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@steem-plus ·
SteemPlus upvote
Hi, @xyzashu!

You just got a **0.43%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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@ocdb ·
re-xyzashu-a-better-way-to-monetize-content-20190706t004733106z
You got a 27.18% upvote from @ocdb courtesy of @xyzashu!  :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 15 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our [Discord channel for more information.](https://discord.gg/k2Hu77b)


If you like what @ocd does, consider voting for [ocd-witness through SteemConnect](steemconnect.com/sign/account-witness-vote?witness=ocd-witness&approve=1) or on the [Steemit Witnesses page.](https://steemit.com/~witnesses) :)
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