Another week, another opportunity to earn money off of tech entrepreneurs' attempts to gain your attention.
Did you get your free Byteball yet as a Steem user?
It's been a lot of fun on Steemit this past week, seeing everyone sharing the opportunity to get free cryptocurrency worth more than a week's (month's?) worth of upvotes on Steem. It's also been an interesting test of Steem as a wide distribution platform, similar to Earn.com.
Byteball, for those unfamiliar with it, is a DAG, which is kind of like a blockchain, but with more of a webbed structure than a chain structure. It has some cool bot features that allow users to interact with smart contracts through their wallet app. Ostensibly, they're using the Steem distribution as a way to get more people trying out their funky platform.
This is another one of those reasons why you should be active on the Steem blockchain. People with higher reputation scores are getting more Byteball than those with lower scores. Personally, I collected an airdrop worth $40 (half now, half in a year) with my score of 59, although if I was one point higher it would have been an extra $10! Commenting and posting quality content are the ways to gain reputation, as upvotes from higher reputation accounts will contribute not only to your Steem rewards, but also to your reputation score.
Peer to peer flight delay insurance is one of Byteball's featured uses.
There will likely be many more opportunities to earn free cryptocurrency in the coming years. If you want to turn it into cash, I recommend signing up with Coinbase and Bittrex. Coinbase will allow you to buy and sell Bitcoin or Ethereum for cash, while Bittrex allows you to trade a large number of cryptocurrencies for Bitcoin or Ethereum. Steemians who wanted to trade their Byteball for Steem could do so via Bittrex.
In this case, you would sell your Byteball for Bitcoin, then buy Steem with Bitcoin. Finally, you could send that Steem back to your account and Power Up, giving your account a greater amount of influence and better upvotes.
Make sense? Hopefully! If not, leave a comment below, and I'll do my best to answer your questions.
-Jeff
Posted from my blog with SteemPress : http://steemmaker.com/the-byteball-airdrop-another-use-case-for-steem/
You can now sell your byteball bytes directly for Steem.
https://steemit.com/byteball/@balls2steem/hello-byte-hodl-ing-steemians-i-m-balls2steem-a-simple-way-exchange-your-gbyte-for-steem
I sold my liquid share and got 14.3 Steem
Brilliant! This must be why you're called "wizard" :-)
haha Actually it's because this deaf, dumb & blind kid sure plays a mean pinball!!! haha
I was Marco the Magnificent in our high school play Carnival and enjoyed doing the illusions, so just kind of picked it up.
Coins mentioned in post:
Brother, I have upvote and commented to you. Please make me upvote 1. You will not have any harm in it. But for your sake I will be much benefited so please, please brother just 1 upvote me..please ... please..please ..
Thank you for the upvote.
I am happy to upvote comments on my posts; please ensure you comment about what I wrote specifically rather than asking for an upvote. Asking for upvotes is frowned upon on Steem and can be looked at negatively by the community.