Monetize your Creativity: How Read & Write to Earn on Solana without Limits

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5 Aug 2024

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During my search for a hidden treasure within the Solana ecosystem, have stumbled upon a diamond in rough ideal for fellow writers that has great potential! Currently there are various providers of decentralized blogs where you can generate income from your content, that is, they are tokenized; On my path as a content creator know Steemit (Steam Blockchain), PeakD (Hive Blockchain); Although they were very popular at the time, never encouraged myself to write in them, their interface, community and structure never aroused interest.

I can’t leave Binance Square aside where currently I’m KOL, they are starting and implementing many innovative things, although their reach and community is enormous and has been what caught me! However, everything has changed since met BULB where saying “write to earn” does apply and it is full of interesting things to grow as a writer and the most beautiful of all built in Solana.

With blogs like Wordpress or Blogger, your online activity doesn’t typically earn you rewards like it does with BULB, these web2 blogs can generate income, but it is centralized and very complicated to monetize. In the crypto environment it is simpler thanks to decentralization and tokenization, and an additional plus is blockchain where platform operates, in case of BULB is one of the first do-to-earn blogging platforms built on the Solana blockchain, and they are driven to popularize the concepts of Write-to-Earn (W2E) and Read-to-Earn (R2E).

How can you start earning within BULB? Simply engage with the community, collect BULBmojis, accumulate BULBPoints, win $BULB tokens weekly, top the leaderboard. ¿Many unknown terms? don’t worry, here will summarize everything in detail so that you know this hidden treasure in Solana!

Bulb Driving Content Creation

This idea was founded in 2021 by Ronson Chau its Co-Founder at a time when the market in Solana was on the right track, and at 03 years old for an environment with so many benefits it has, it has little attention, for that reason took it as a hidden treasure of Solana, on Twitter one of the most popular communities has 9.5K followers.

Bulb | Twitter (X)

BULB ha͏s turned into a͏ blogging plat͏form based on crypto where ideas ͏passion and engagement gets rewarded. BULB gives rewards to content ͏creators for all͏ the value they create in commu͏nity by returning ownership back to ͏use͏rs. Understanding that writing and readin͏g is about sh͏aring ideas and passio͏ns with other people we thinks that you sh͏ould be ͏the only one who benefit from this. There ar͏e 2 ways for creating content by publ͏ishing articles and a new feature of writing threads which are sim͏ilar to Twitter.

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Its launch was in April 2023 which was a complete success, where from 2021 until that moment there was excellent planning, community creation, rewards to its most active users with Airdrops of BULB and NFT tokens. Fully complying with what was established in its route path more than a year after being operational. However, it recognizes and rewards all users for their engagement. For the first time, you can write, read, react, comment, share, and earn cryptocurrency all at once.

How does BULB monetize?

How make money on this magnificent platform? With USDT, USDC or Solana? No, BULB has its own governance token which is what we will generate by creating content and interacting with its ecosystem.

Bulb Chart | Raydium

The BULB token is a token issued on the Solana blockchain. It’s built on Solana because of its low cost per transaction, fast transaction speed, and low environmental impact. The primary function of the BULB token is to reward platform users. Premium content, BULB NFTs, and other BULB-exclusive tradables can be purchased using BULB token. The market cap of the company is $208,234 and there are 3,822 holders.

How Do You Use BULB Tokens?

This governance token is very useful, there are currently three main ways to use BULB Tokens.

Purchase premium articles to get access to high-quality articles written by BULB’s top writers.
Purchase BULB energy and use it.
Purchase boost posts to get more engagement.
An NFT is created for your article.
Purchase BULBmoji NFTs to help you earn more points.

Owning an NFT, what’s the point?

A BULBmoji NFT is a unique version of a BULBmoji that enables users to earn additional points or reduce energy usage upon activation. Having and utilizing a BULBmoji NFT will boost the amount of BULB Tokens you receive on the platform, as more points translate to more BULB Tokens.

BULBmoji NFTs come in 5 different rarities within each class, categorized by the likelihood of being collected in BULBmoji packs: Common (~50%), Rare (~30%), Epic (~15%), Legendary (~4%), and Champion (~1%). Each rarity level signifies a distinct power level, with rarer BULBmojis offering higher point multipliers and energy savings for platform actions.

Different Types Of BULBmojis

How Get BULBmoji NFT?

Currently there are 02 ways to obtain these NFTs, the first way is through the internal store where you can buy BULB Pack for 25K $BULB you can obtain the different 5 rarities, the other way to obtain it is in its marketplace here supply and demand will set NFT price, the cheapest being 0.15 SOL.

Ways to Buy BULBmoji NFT

How to grow in BULB?

The competition to be the best is undoubted in any project, at BULB there is no escape from this. We already knew the main thing to start with, which is tokens to interact with the entire ecosystem and NFTs to have a little more advantage against other users, but how do we rank and position ourselves in the leaderboard to obtain better income? It’s simple with BLUB points, which will help us climb and level up.

BLUB Points

And how are these points obtained? By publishing articles or threads, interacting and commenting on content from other creators, moderating means contributing to BULB in reporting irregularities, you can add points and finally share content, you generate points for the visits your articles receive.

BULB Leaderboard

Convert article to NFT? BULB makes it possible!

BULB Article NFTs are generated by minting a published blog on the Solana blockchain, granting the Article NFT holder exclusive rights to all BULB points derived from that specific blog. Holding an Article NFT allows you to benefit from the engagement and traffic generated by the blog, enhancing your leaderboard position and receiving BULB Token rewards.

Article Mint

To create a BULB Article NFT, select a published blog, click ‘mint’, choose between issuing an NFT or SFT, decide on tokenizing BULB Points or minting as a regular NFT/SFT, set royalty fees (1–10%), and mint the Article NFT or SFT for a cost of 0.1 SOL.

Don’t sell yours $BULB, Stake

BULB Staking enables users to increase their earnings and receive a share of the platform’s spending through two rewards:

Users get a portion of the weekly platform BULB Token spending based on their staked amount.
Users receive an additional BULB Points multiplier based on the number of BULB Tokens staked.

The staking protocol encourages users to hold onto their BULB Tokens and reinvest in the BULB ecosystem, strengthening the BULB crypto-economy.

Staking Process

The minimum amount to stake is 10K $BULB, and this helps you create the multipliers to earn more tokens weekly, and the more the platform moves and the more users interact with the token you can have more profits, that is why Adoption must be encouraged in this early phase.

Start Creating Content!

After knowing the main features of BULB, it is time to learn how enter and take the first steps to become a great writer and monetize your content. At the moment we can only enter from our web browser on PC, if you are on your mobile use the one from your trusted wallet, the procedure is the same.

BULB Login

Before logging in and connecting your favorite wallet, be it Phantom or Solflare, you must purchase at least 2K $BULB to activate the article posting function, if you want to post threads and comment it is 500 $BULB each function.

The registration process is simple, it takes no more than 5 minutes. Once completed, it remains to configure the profile and decide whether to buy all the functions and NFT for better profits or grow organically.

As indicated previously, by interacting we obtain the points to level up, at the beginning there are challenges to unlock points, which are simple.

For everything we do, such as posting, commenting, reacting, we spend energy that recharges every 10 hours or you can buy it in the store. Initially we have storage for 30 energies and you can increase this amount according to the amount of points you earn.

Once your first work of art has been published, you have to wait for the interaction of other users, which also helps you position yourself, and on your part, be active on the platform, which, as indicated, has only been launched for 1 year and many new things are on the way. . And being part of this project in its early phase will bring great rewards.

The future of BULB?

The rise in platform activity is mainly attributed to the introduction of BULB Threads, showcasing an active and creative community constantly sharing thoughts and ideas, fostering engagement.

An upcoming feature, Trade-to-Earn, will enhance BULB Token trading by integrating blockchain technology to track and reward users with BULB Points based on their trading activities, boosting their ranking on the platform.

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In the near future, they will enhance their new threading feature and optimize it extensively. The highlight will be the launch of their mobile app, expected to attract a larger user base and drive more effective adoption. Their diligent work continues daily.

Last Words

A great hidden treasure in solana has been discovered for many, who will surely be able to migrate their content to BULB and be part of this community in an early phase and at the same time monetize their articles or threads in a simple way. It is well deserved that this project is known by many more people, in my case I met it by chance while browsing Twitter and wow I found a place to write and that it was in the sun captivated me.