How to Monetize your Social Media Followers with Cryptocurrency!

KG
Coinmonks
5 min readJan 8, 2022

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So! you’re an Influencer with a huge social media presence or just starting out?
Adopt Drip Network Cryptocurrency to monetize and engage with your community and stay ahead of your competitors!

Photo by Mateus Campos Felipe on Unsplash

A few methods utilized by Influencers to monetize their massive social media presence —
-> Sponsored social media posts
-> Selling digital and physical products
-> Becoming brand ambassadors
-> Starting their product lines
-> Events and Appearances
-> Affiliate Marketing (Commissions on Sales)
-> Donations, Tips, and Subscriptions
-> Content creations for blogs and vlogs
-> And by lots of other means I can’t think of

Today, I wish to expand the above list by adding an innovative Cryptocurrency Token called -> Drip Network to it, and explain to you how you could use this latest tech to monetize your followers in a game changing manner.

If you don’t know what Cryptocurrency is take a look at this video to understand how it is going to change the internet and financial activities forever!

What is Drip Network?

  1. Drip Network is a cryptocurrency token traded on the Binance smart chain BEP20 protocol.
  2. Buying and depositing a small amount of Drip (minimum 1 Drip) in the Drip Network Faucet (similar to a Certificate of Deposit) gives you 1% daily interest on your initial deposits up to a maximum of 365%.
  3. Your 1% earnings can be extended beyond 365% if you reinvest/compound the 1% daily interest you received back into the vault.

How can Influencers monetize their community using Drip Network?

  1. Firstly, Drip network is invite-only. Your followers invest in Drip on your invite, and you get 10% referral reward on the initial amount your followers invest.
  2. When investors from your team reinvest or compound (hydrate in Drip terminology) their 1% daily interest, the hydration reward of 5% is sent to one person in the up-line in a round-robin manner.
  3. For team wallets (a wallet with more than 5 direct buddies), the rewards on compounding are split in the ratio of 50:50. You get 2.5% of it and your investors get back 2.5% of it.
  4. Round-robin for rewards work as follows: On the first hydration the reward is given to you, on the second hydration the reward is given to the one above you in the up-line, and so-on up to 15 levels after which it again resets back to the first level which is you.

IMPORTANT NOTE: To earn referral rewards you need to hold BR34P coin in your wallet! DM me for more information!

How can Influencers engage with their community using Drip Network?

  1. Drip network has an Airdrop feature, with this feature Drip coins from your account can be sent or airdropped to anyone under your down-line.
  2. You can organize different competitions, activities, games, etc. for engaging with your community and reward them using Airdrops.

Could the investments be lost?

  1. Every cryptocurrency comes with pros and cons. A lot of them are scams. Do your research is the mantra.
  2. I trust Drip Network and am invested in it because I believe in its community which is very helpful.
  3. The developer Forex_Shark is responsive and a genius. He has a long history of successful product launches and his interviews are all around YouTube.
  4. Most cryptocurrencies die off in a few months time. Drip Network has been going strong since April 2021.
  5. It’s obvious for you to be worried if this monetization path involves playing with the trust your followers have on you.
  6. But Drip Network isn’t another Pyramid or Ponzi Scheme.
  7. Pyramid schemes are systems where players in the higher levels of the system get a larger commission & the majority of the profits are funneled to a few at the top. This is usually hidden behind the sale of a low-quality product or service that produces almost no profit in itself. DRIP stops every 15 levels allowing each player to be at the top of their own team. All of this means players who enter the system later can make just as much or more than the initial wallets who entered the project & there is no benefit to getting in early as far as how the team building structure goes. This is the opposite of a pyramid scheme. Drip Network is just a De-Fi project that benefits people for on boarding capital in a fair & ingenious way.
  8. Also, please understand what is a Ponzi Scheme. A Ponzi is a scheme where someone fraudulently tells investors they are getting paid profits from the sale of a product or service when in reality the funds are not coming from the sale of a product or service and sometimes there is no product or service at all. The manager is just cycling the investors’ principal around to create the illusion of profits. The keyword is fraud.

DRIP is an on-chain open source project that makes very clear where the profits are coming from, the taxes on the transaction, and price appreciation like any other market.

The essence of monetizing your fan following is building your Drip Team, with your massive fan followings building a team would be easier and your earnings would explode off the roof!!!

There is more to learn in utilizing Drip Network and if your interested in knowing further join my Telegram Channel and lets discuss the possibilities with my team!

Enjoyed Reading? Add me as your Buddy —
If you like this article and wish to invest in Drip Network please add my address as your buddy on drip.community using the following buddy address —
0x37553dc03C02174c1e890D2b4805A7A2874d0Cf8

or

Click on the following link in the Metamask browser —
drip.community/faucet?buddy=0x37553dc03C02174c1e890D2b4805A7A2874d0Cf8

For steps of buying drip and depositing in the faucet, you could check out my other article which lists every information related to the drip network.
https://cryptozoa.com/drip-crypto-coin-the-best-reliable-crypto-investment-of-your-life-quick-start-guide-c3a9dfbbb874

Join my Telegram Channel for discussing Drip with Boond Drip Squad
“Boond” in India means a Drop of Water

In India they say,
Boond, Boond Se Bane Sagar
i.e.
Every Drop of Water makes an Ocean…

Each of us can be one drop to make Drip our Ocean!!!

You can also join a bigger team of which I am a part of Cryptozoa Drip Telegram Group. It is mandatory to be invested under any Cryptozoa member before getting access to the wealth of knowledge over there. After investing, Post My ID 0x37553dc03C02174c1e890D2b4805A7A2874d0Cf8 and Name kg_boond_drip_squad on the Telegram Gateway for getting access to it, The team & I am there for any help you need —

Drip Whitepaper is its Bible and has all the information about the Drip Network Functioning: https://drip.community/docs/DRIP_LIGHTPAPER_v0.8_Lit_Version.pdf

Thanks for Your Time!!! Go Build Your Drip Team!!!

Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing

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KG
Coinmonks

Embedded Engineer by the day & juggling between family, cryptos and friends otherwise. Badminton, Gadgets, Tech! Here for sharing things I’ve learned in Life.