Medium is not based on the Blockchain. It is mainly an HTML writing platform, but the balance seems to be tipping towards being a social media platform.
Katerina earns a lot because she works hard, publishes at least once daily and responds to other writers.
The Medium earnings model is biased towards deep, nuanced, human stories. Some Medium members subscribe because they are interested in topics such as:
- AI,
- Cryptocurrencies,
- Science,
- Learning and
- the Environment.
Biasing payments away from these stories could mean fewer will be written and more readers cancelling their subscriptions.
Currently I wouldn't consider it as a crypto social, Medium doesn't attract my attention
I may be leaving when my subscription is due for renewal.