Unlocking Revenue: Monetizing Advertising through Hive.

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@willythewhale·
0.000 HBD
Unlocking Revenue: Monetizing Advertising through Hive.
In today's changing digital world, making a profit from advertising can be quite tricky. However, there's an intriguing approach that involves using blockchain technology through Hive. This method draws inspiration from the WOO, God's On Chain and Splinterland community, an online group focused on virtual card games. 

The idea is to not only protect your advertising budget but also invest it wisely in a platform with a bright future. How? By motivating others to write blogs and curate content about your product. For example, here on Leofinance, the product being sold is financial information, which is super important for your financial success. This creates a close-knit community of writers who can earn money. The beauty of this strategy is that it benefits you, Hive, and the writers themselves. It's a win-win situation for everyone involved.
  https://i.imgur.com/FSqUHu0.png 
[This image was sourced and editted](https://pixabay.com/photos/london-neon-sign-advertising-people-3794348/)


### The Power of Hive: A Brief Overview

Before we get into the nitty-gritty of this plan, let's first grasp what Hive is and why it's a special chance for both advertisers and content creators.

Hive is a social media platform, but it runs on blockchain technology. What makes it different from regular social media is that it's not controlled by one big boss. Instead, the community runs the show, making it harder for anyone to censor or control it. Plus, it has its own digital money called Hive coin (HIVE), which people use for monetary transactions on the platform.
 https://i.imgur.com/nSzjmF6.png 
[This image was sourced](https://www.google.com/search?q=hive+blog+logo&oq=Hive+blog&gs_lcrp=EgZjaHJvbWUqCQgEECMYJxiKBTILCAAQRRgnGDsYigUyBggBEEUYQTIGCAIQRRg8MgYIAxBFGDwyCQgEECMYJxiKBTIHCAUQABiABDIHCAYQABiABDIHCAcQABiABDIHCAgQABiABDIPCAkQLhgKGMcBGNEDGIAE0gEIMjY5MGowajeoAgCwAgA&client=ms-android-transsion-infinix-rev1&sourceid=chrome-mobile&ie=UTF-8#vhid=kMSErZwY4rtryM&vssid=l)

## Step 1: Investing in Hive

To start making money through advertising on Hive, the first thing you need to do is put some money into the platform. This means getting some Hive coins. Having these coins lets you get involved and do well on Hive. You can buy HIVE on different cryptocurrency websites to make sure you're a part of the platform's success.

Investing in Hive isn't just about having some digital money. It's you putting your money into a community-driven platform that has big plans for the future. As Hive gets better and more popular, the value of your HIVE tokens could go up, and that means you might make a good amount of money from your initial investment of advertising expense.


## Step 2: Building a Community

Now that you've invested in Hive, it's time to bring together a group of people who will create contents related to your advertising efforts. This group is vital for your plan to work well, and it will help both your ads and Hive.

#### 1. Connect with Content Creators:
You can begin by actively getting involved with the people who already create content on Hive and are interested in your product or area. You can do this by commenting on their posts, giving their content an upvote, and genuinely supporting their work. By doing this, you make yourself known in the community.

#### 2. Promote Content Creation:
Encourage these content creators to write articles about your product or service. Tell them about the advantages, special features, and what sets your product apart. You can even offer rewards in HIVE tokens for well-done articles, giving these writers another way to make money.

#### 3. Join Forces on Projects:
Think about teaming up with popular Hive users to make sponsored content. This can help your product get more attention while making sure content creators are fairly paid for their work.

#### 4. Community Challenges:
Create fun contests or activities related to your product. These can be enjoyable ways to get people to make content and get involved in the community. You can reward winners with HIVE tokens or other prizes to keep things exciting. In the CENT community, there's a similar strategy going on, where a member donates CENT Tokens to the top 3 content creators for the week. This encourages people to keep creating content for you community.
 https://i.imgur.com/vCuYS44.jpg 
[This image was sourced](https://pixabay.com/photos/team-group-people-motivation-386673/)

## Step 3: Curating and Earning

Curating is a big deal in the Hive world. It is what make it different from other social media platforms. It means finding and liking the best content to help it get seen and rewarded. As an advertiser, you can be a curator, focusing on content related to your product or area. Here's the exciting part: for every amount you use to like or upvote a content, you get 50% of it back. This means you've essentially transformed your advertising costs into an extra source of income.

#### 1. Pick the Right Stuff:
Look for articles and posts that match what you're advertising. When you give these posts a thumbs up, you're not only helping the creators but also making your product more visible.

#### 2. Get Rewards for Curating:
When you curate contents, you get HBD and HIVE tokens. This means you earn extra money, which could help cover your other advertising costs outside Hive and even make a profit.

#### 3. Encourage Others to Curate:
Tell your community of content creators to also curate stuff. This strengthens the connection between advertisers and content creators on Hive, helping everyone out.
 https://i.imgur.com/BlbY8gu.jpg 
[This image was sourced](https://pixabay.com/photos/thumbs-up-positive-gesture-thumb-4589867/)

## The Hive Community Model

Drawing inspiration from successful communities like WOO, Splinterlands, God's on Chain, and Leofinance, it's worth recognizing how these communities strongly support their writers. In the same way, your Hive-based community can become enthusiastic advocates for your product or brand.

#### 1. Building Loyalty and Commitment:
By offering content creators a dependable income source through curation rewards, you can nurture loyalty and dedication within your community. This encourages writers to consistently produce top-notch content about your product.

#### 2. Continuous Growth:
When the value of HIVE tokens goes up, your initial advertising costs and investments can significantly increase. This growth isn't just because HIVE becomes more valuable; it's also thanks to the thriving community you've helped create.

#### 3. Spread the Word Naturally:
A dedicated group of writers will naturally share information about your product or service with others and also may use your tags for other related contents. This leads to a wider audience and more people recognizing your brand.
 https://i.imgur.com/XImjVby.jpg 
[This image was sourced](https://pixabay.com/photos/digital-marketing-seo-google-1725340/)

## Conclusion: A Win-Win-Win Strategy

In summary, monetizing advertising through the Hive blog platforms is a win-win-win strategy. As an advertiser, you protect your advertising expenses by investing in a platform with a bright future. Content creators earn income through curation rewards, encouraging their dedication. The Hive network thrives, and as the value of HIVE rises, your investments can grow. Ultimately, you build a community of writers who advocate for your brand. It's a symbiotic relationship where you, Hive, and the writers all benefit.

In the always changing world of online ads, using creative strategies like this can make you stand out and help you succeed in the future. By using blockchain technology and having a dedicated group of supporters, you can discover new ways to make money and help Hive grow at the same time.

> Thanks for reading my content. Stay Safe.


Posted Using [LeoFinance Alpha](https://leofinance.io/@willythewhale/unlocking-revenue-monetizing-advertising-through-hive-blog)

Posted Using [LeoFinance Alpha](https://leofinance.io/@willythewhale/unlocking-revenue-monetizing-advertising-through-hive-blog)

Posted Using [LeoFinance Alpha](https://leofinance.io/@willythewhale/unlocking-revenue-monetizing-advertising-through-hive-blog)
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,