HashBrown ResearchWhat if you could get paid 💰 for writing?
Many of us write Twitter Threads, but what if there was a way to monetize our writing?
In this 🧵we compare #Mirror & #Paragraph, both leaders in the Web3 Publishing Space.
1/ The Current State.
Currently, On-Chain publishing is not very popular.
Even well-known figures within the Crypto Space are still using Web2 Platforms for content writing.
2/ The Possible Reasons
We summarized the Pros and Cons of Web2 vs Web3 Publishing Platforms.
In general, we feel the current incentives do not outweigh the risks of moving to on-chain publishing.
3/ The Early Bird Catches the Worm!
Newer content creators who chose to publish their content on-chain, might have the opportunity to capture the attention of Web3 Individuals who solely view content on-chain.
This is a great opportunity to build up an audience!
5/ What are Writing NFTs?
Did you know that you can mint your published content as an NFT and set a supply and price for it?
This is known as a "Writing NFT", and there are no protocol fees for Writing NFTs!
6/ Embedding NFTs into Writings.
We are also able to embed NFTs into our writings! Now you can show off your favorite NFTs in your publishing!
The current supported chains are:
- #ethereum
- #optimism
- #polygon
7/ M for Mirror, M also for Monetization!
Did we mention that all funds from sales (collect) will be transferred immediately to the content creator?
Of course, you also have the choice to put the collection as free, and readers/collectors can just pay gas to collect it!
8/ Discovering Articles on Mirror.
For readers, navigating the world of @viamirror where you might want to discover different publishing by various users is just as important!
Using a tool such as https://www.askmirror.xyz/ allows you to do so easily!
9/ Are you organizing your writings into Paragraphs?
#Paragraph by @Colin is another writing platform which is gaining momentum!
You can view the key differences in comparison to Mirror here:
https://paragraph.xyz/vs-mirror
10/ Leveling-Up the Content Creator Experience.
#Paragraph offers a pretty good experience for content creators!
Lets summarize what you can expect as a Content Creator on Paragraph!
We think that @Colin has done an amazing job at prioritizing the user experience!
11/ Monetization on #Paragraph
The key point of Paragraph's monetization feature is through its token-gated content, where you can even mint your own NFT on Paragraph to use it to token-gate!
12/ Collecting NFTs directly from Publications.
#paragraph_xyz has integrated with #Highlight_xyz to allow readers to collect an NFT directly from posts!
How convenient is that, to be able to collect an #NFT straight from posts & newsletters!
*Fun fact*
@Colin we see you being very active on #farcaster too, and we like that! 😉
13/ A Fundamental Overview of #Mirror and #Paragraph
Both Mirror and Paragraph has their own strengths, and we hope to see the growth of Web3 Publishing in the new future.
14/ The Risks to be aware of.
Part of the reasons on why there is not much adoption of these publishing platforms is because of the unknown risks of on-chain publishing, and content creators need to note that these protocols are heavily reliant on #Arweave.
What do you think of #Mirror and #Paragraph ?
You can view our full report here:
https://hashbrown.info/article?id=38&title=Web_3_Publishing_%26_Write_to_Earn
Follow us on:
Twitter: @Hashbrown_Tech
Lens: @fabrichy777
Farcaster:@hashbrown
nostr: npub17vgf8r6x3kp658w3j5c2we7zw5zeay7ue0393fdp94sp9dhkjtjq30lzq9
Twitter: @Hashbrown_Tech
Lens: @fabrichy777
Farcaster:@hashbrown
nostr: npub17vgf8r6x3kp658w3j5c2we7zw5zeay7ue0393fdp94sp9dhkjtjq30lzq9