This Publish0x Review is aimed at providing you with everything you need to know about the “crypto” based publishing platform that is poised to displace Medium as the number one destination for top writers and readers.
The number of “blockchain” blogging platforms aiming to give users the opportunity to earn free crypto and monetize their content has been on the increase in the past few years.
This shift is mostly attributed to the poor compensation or incentive package and incessant censorship campaigns of the traditional centralized content sharing platforms.
One such project that’s making waves and disrupting the content space is Publish0x.
And in this Publish0x Review, we hope you will get all the important information about this platform so you can decide for yourself if it’s a good place to read and publish and earn some crypto.
What is Publish0x?
Publish0x is a crypto-based blogging platform where both readers and writers earn crypto for reading and publishing content.
The platform was founded by Dan Bainbridge in December 2018 with a handful of private members and in less than two years there are about 100,000 members (as at the time of writing this article).
For the record, Publish0x is pronounced as “Publish”. The “0x” in the name, according to the Team is silent. So you don’t have to bite your tongue just to call the name.
Publish0x is crypto agnostic in the sense that it “can” support “all” cryptocurrencies for “tipping” (paying) its users.
Unlike other competing platforms that issue their own token for rewarding users for their attention and content, publish0x does not have its own cryptocurrency nor does it have an inbuilt preference for specific cryptocurrencies.
The platform rewards its users with some of the best cryptocurrencies in the market such as the popular Basic Attention Token (BAT), Loopring (LRC), and the DAI Stablecoin with many more likely to be added to the reward pool as the platform grows.
Publish0x Review: How Does Publish0x Work?
If you are a content producer, Publish0x pays you to publish your work on their platform in return for tips and rewards in the different cryptocurrencies available in its reward pool.
Also, if you happen to be just a reader looking for some high-quality content to consume at free cost, the platform rewards you for spending your time and attention on its website.
Unlike other platforms such as YouTube and Medium where you either earn nothing for your attention or you’re even asked to pay a premium to have access to more content –Publish0x believes that your time and attention is worth something and want to reward you for it.
Their aim is to especially help people earn their first crypto without having to buy it with their own money.
Thus at the same time, contributing to educating people about crypto and the future of money and driving mass adoption of the blockchain and cryptocurrency technology.
In practice here’s how Publish0x really work:
- You create a free account by submitting a very simple form with your email and chosen password.
- Each registered user or member is given a specific amount say $1 daily and they can choose which author to split the money (tip) with.
- Users can choose to allocate 100% of their tip to an author or take 80% and tip an author with 20% of the tip allocation.
- 20% is the minimum a user can tip an author. This was probably designed to keep the platform fair and balanced.
- To be able to tip and also receive your reward, the user must be registered and logged in.
- Each member of the platform can only tip a maximum of 6 times a day.
- You can tip a single author once per day.
- An author can receive a tip from multiple readers every day with no limits.
- Tips are allocated using a tipping slider that works as below.
Publish0x Review: How to Earn Crypto on Publish0x
There basically 3 ways to earn crypto or make money on Publish0x:
- Earn as a reader
- Earn as an author
- Earn as an ambassador
Earn on Publish0x by Reading Contents.
The beauty of Publish0x is that both readers and authors get rewarded –it’s amazing.
While you get unlimited and free access to some of the best content on the internet from real users, you also get paid.
According to the Publish0x Team, the tip amounts on Publish0x are actually gifted to the reader who then decides which of the authors they enjoy their content they would like to share it with.
As a reader, you can tip an author the bare minimum of 20% and keep the lion’s share or you can be more generous by giving more or all of it to the author for their efforts.
There’s no penalty or restriction on how you decide to use your tip allocation. There’s no good or bad way to tip, except that you should try and be fair with it.
However, remember that you have only 6 tips to use every 24 hours, and you can only tip a particular author once per day.
For example, let’s say you read and tip any of our posts on Publish0x today, you can’t tip any of our posts on the blog again until tomorrow even if you want to.
Earn on Publish0x by Publishing Quality Contents
As an author on Publish0x, your earning potential is limited only first by the quality of your posts and your consistency in producing top quality content.
Publishers earn the most on Publish0x as you can receive tips from thousands of people daily.
The platform promotes and rewards top quality content. To become a truly successful author on Publish0x, you need to publish high quality and valuable content that resonates with the users and gets tipped.
Tipping is a way of your readers showing their appreciation for your post and if you publish nonsense nobody will tip you.
The more valuable the content you publish on the platform, the more tips and followers you gather and the more you build up your power to earn even more with subsequent posts.
Earn on Publish0x by Becoming an Ambassador (Referrals)
You can earn passive crypto income on Publish0x by referring people to use the platform, through their ambassador program.
Promote the platform and receive 5% of every tip amount given by the people you referred to the platform.
Upon registration, you are assigned an affiliate ID and Ambassador Link with which you can use to refer people to the platform and earn 5% from every tip they generate.
One highly creative feature the publish0x developers have incorporated into the Ambassador Link system is that you can easily pick any article from the website, attach your referral ID (?a=K9b6AwQaEv) to the end of the article’s URL and share with your community.
Every user who follows that link to the website and ends up registering becomes your referral. The article you attach your affiliate ID to doesn’t necessarily have to be your own.
This is a great feature as you can always have fresh content to share with your audience and have your referral link buried within such contents – it’s neat and cleans (affiliate 3.0).
For lovers of deep tracking and analytics, Publish0x got you covered as you can easily generate additional ambassador links with Tracking IDs (TIDs) which you can use to separate and monitor the performance of different promotional channels.
For example, you can create separate TIDs for Facebook marketing, Instagram, Twitter, website, WhatsApp, Telegram, and whatever traffic sources you use in promoting your referral links.
Use this tool to help you see which traffic sources work best for you and produce the best result so you can double down on them to maximize your earning while working efficiently.
That’s not all, Publish0x hosts a monthly referral contest where the top 10 referrers on the leaderboard shares $250 worth of crypto every month.
Be one of the most active ambassadors by referring people to Publish0x and earn your share of prizes in BAT!
Publish0x Review: What You May Not Like About Publish0x
Publish0x is still not a perfect platform –and I doubt if there’s any. Below are the major things I don’t like about the platform.
- Publish0x is NOT a “decentralized” blockchain-based blogging platform. The Team has the powers to censor (EDIT, DELETE) your contents IF they want to. However, there’s never been any case of censorship or other forms of unhealthy corporate behavior characteristic of other centralized platforms. If the platform decides to shut down today you will lose all of your articles there and any earnings that you not yet withdrawn.
- You can’t earn anything meaningful on Publish0x just by reading and tipping a maximum of 6 times a day. From my observation, the maximum you can make from just reading on the platform is $5 a month. So if you want to earn more, you must consider either becoming an author or dedicate to referring people to the platform and enjoy the ambassadorial rewards or you do both.
- Publish0x is primarily a crypto-based platform but you can also find or publish non-crypto related content there as well. However, currently, your audience will be limited as the majority of the members of the platform are crypto enthusiasts. Things might change with time, but for now, you will gain better traction focusing on producing cryptocurrency-related content.
Publish0x Review: What We Love Most About Publish0x
- You have the opportunity to earn multiple, highly valuable cryptocurrencies like BAT, DAI, LRC, and many more that will be added in the future. Of course, if you’re a fan of any of the tokens you receive you can swap it to bitcoin or any other crypto using our fast, secure, and anonymous exchange service.
- The Team is the most important factor in the success of any project and Publish0x has got some really experienced and competent team, to be honest. What’s more, they connect and listen to their users and are approachable. SHOUT OUT to Igor (COO) and Dan (CEO).
- Publish0x is arguably the most user-friendly blogging platform out there with a straightforward business model and transparent earning structure. More so, the user-interface is beginner-friendly and anyone can start register and beginning using the platform with a minimum learning curve.
- The platform is host to high-quality content and some of the top minds from different fields –but mostly cryptocurrency. Authors on Publish0x are manually reviewed for quality assurance and the community only favors quality and original content. Anyone can post any crap but you wouldn’t be encouraged to keep wasting your time doing that as you certainly will receive little to no tip (earnings) or followership.
Publish0x is the only blogging platform that pays both readers and publishers. The platform pays you with multiple high-quality cryptocurrencies such as BAT, LRC, DAI Stablecoin, and others to be listed in the future for reading, publishing, or referring people to the platform.
In as much as the platform is open to all kinds of topics of interest, cryptocurrency dominates the show there. You will make more money focusing on writing about cryptocurrency on Publish0x as that’s what the majority of the users love and want.
However, you can build your own niche community and we expect more diversity as the platform grows.
What’s more, the team is experienced and competent and that gives some of us confidence about the future of Publish0x.
For a step-by-step guide on how to register and start earning on Publish0x plus some helpful earning tips and ideas check out our most comprehensive Publish0x Tutorial.
For an idea of what you can earn publishing on Publis0x please read our Publish0x Earning Report for the past 5 months.
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Have you used the platform? Are you going to use the platform, what has been your experience or opinion of Publish0x? Share with us in the comments section below.