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the claps on Medium don't have a direct value. They factor into their algorithms but more as an indication of the level of response to a story. Each member can 'clap' up to 50 times on a post. If you generally clap say 20 times on a post and then a good one you post 30 .. the algorithm picks up that you liked that post more.

Claps are not the only form of engagement on a post. You can select and highlight text within the post which the system picks up. The author receives notice of what has been highlighted which is a neat feature in that the author gets a sense of what resonates with their readers.

I've been cross-posting content that I post on Steem to there. By posting to my blog using Steempress and then importing from my blog to Medium I avoid duplicate content penalties.

Like Steem, there is some good content over there and there is some crap. Like Steem a lot of regular folks are earning an income as writers. One lady in particular that I'm aware of has been able to quit her dead end job and go full time writing on there while raising her daughter.

Steem is my first love but some of these others sites enable writers to expand their scope and their income.

No idea but suposedly to read more than 3 articles a month one has to pay a 5 dollar subscription that is then distributed depending on author engagement etc. it seems they really need an SMT.

Like it's weird that even now where we have a fraction of the voting power going toward actual content than we had before, the payouts still seem better than Medium. They just have more authors right now.

Yep and who the value goes to on Steem is real people around the world, not just the pros.

Holy shit that sounds bad, how the fuck are they so popular

@eonwarped said they haven't broken even yet. @ned was saying last night he rustled up a couple hundred K to get Steem off the ground and it has paidout to users 50 million from the pool in 3 years plus all the premine sold.

Medium: you are doing it wrong.

I think they are popular because they get famous writers and celebrities who post there. This is the real BS because they don't need to earn, it is about getting more fame for them but, they attract consumers who are willing to pay.

(my source is Wikipedia in case you were curious :))

We know you moonlight as a tech blogger on Medium Eon....

Thanks for the reminder, was gonna give it a listen today.