I have installed YotuWP wordpress plugin for the RtoZ.org website to show videos from a few playlists from my YouTube Channel.
For setting up this plugin, I had to use YouTube Data API v3 api key generated from Google cloud platform.
Using this plugin, I created these pages. Check them and let me know of you find any issues in using them. And, let me know if you have created any pages by including videos from my YouTube channel. In this case, I will share your page with my social media followers.
In this post, mostly I will be writing about my career as freelancer, Small IT company Founder, YouTuber, and Odysee explorer.
Because of the widespread usage of the internet, traditional business
models are getting changed entirely. These days we have a lot of
opportunities for earning money online. I won’t say that earning money
online becomes easy, but the opportunities for earning money online are
increasing, and we get a lot of information and guidance for earning
money online.
Before giving more details, I want to clarify a few things.
I am going to write this post based on my personal experiences. I
haven't done any research to come up with this. I am just writing it
based on my own experiences and my own thoughts. So, it need not be
applicable to everyone. In the case of online earnings, you may come
across a lot of scams and misinformation. So, you need to be very
careful about doing online works.
My Name is Rajamanickam Antonimuthu.
I have completed my Engineering Degree in 1998 in India and had worked
for various IT companies including IT wings of big investment banks such
as BNY and CitiGroup in various roles (mostly in software test
automation) till 2008.
Then I wanted to start doing my own Business. I explored various
business options. Since I had good work experiences in Software
Development and Software Testing, I decided to do freelance work related
to Software Development or Testing.
Since I am living in a Developing Country, doing freelance work for a
local market is not profitable. So, I started looking for online work.
I thought doing freelance work online for the clients living in
‘Developed Countries’ can help me to earn significant money. I spent
significant time at Browsing Centers (Net Cafe) for using the internet
to search for online work. It was not easy to get online work at that
time period. I was ready to do any kind of online work including Data
Entry work. But I found difficulty in finding online work. I thought
having an internet connection at my home can help me to spend more time
searching for online work. But it was not easy to get an internet
connection at that time. Somehow I managed to get an internet connection
at my home, and started spending more time searching on the internet to
find online work. Initially, I was not looking for any money, and I was
ready to do any kind of task without any payment just to start my
online career. But still, I was not able to get any online work for many
weeks.
I put a lot of effort for finding freelance websites, as there were
only a few freelance websites available at that time. And I started
spending a lot of time for searching work on those freelance websites.
After some weeks of continuous efforts, finally I got my first task from
a freelance website called “RentACoder” which was later renamed to
“vWorker” and then merged with “Freelancer”. Interestingly, my first
task was completely irrelevant to my skill set. It was related to
video-editing which I was not familiar at that time. It was not an
actual video-editing task, but a question related to video-editing.
Somehow I managed to complete the task (i-e answering the question)
by referring to many websites and doing a lot of Trail and Error
actions, and I got a good rating and review comment. I felt very happy
about it and decided to continue this approach.
Interestingly I was able to complete this first task within an Hour
though I had to spend a lot of hours to get this project. Initially, I
used to bid for a lot of projects. Then I realized that placing a lot of
bids is not going to help even if my bids are very low. Instead of
putting my efforts into bidding on a lot of projects, I started bidding
on a few highly relevant projects and put my efforts into analyzing
those projects deeply. I started asking a lot of relevant questions
after going through the requirements, and even I started telling my
suggestions for the success of the projects even before winning the
bids. This approach helped me to win more bids and I put a lot of hard
work to deliver the projects as per the requirements of the customers. I
did the corrections without any hesitation. All these things helped me
to get good ratings and bonus money.
I started getting exclusive projects so that I can win the bid without any competition. I focused more on PHP/MySQL projects.
As I was getting more projects easily, I started a Company “QualityPoint Technologies”
and started hiring Team members to help me complete the projects.
Because of the quality of our work and competitive bidding, we used to
get many projects and we were able to complete more than 120 projects
within a few years.
Though I had a lot of Good Ratings and Reviews for my RentACoder
profile, my account got suspended for a dispute with a customer. By
that time, I had a list of good customers who were willing to give me
the projects directly. So the RentACoder account suspension didn’t
affect my business. Instead, it helped me to avoid their fees and I got
the freedom to have direct communication with the clients without any
restrictions. The only thing was I couldn’t see the Reviews and
Ratings given by the clients as my account got suspended. Interestingly,
all these Reviews started appearing on my profile at Freelancer which
acquired RentACoder. It made me think that no one can stop the
rewards of our Hard work. Anyway, I didn’t want to use any freelancing
websites as I got enough projects from my existing customers. More
interestingly, my blog post about the RentACoder account suspension got a
lot of traffic, and I earned some money by adding an affiliate link to
another freelance website.
In case you decide to use freelancing websites for your online
earnings, first spend significant time for finding a freelancing site
which is most suitable to you. Then understand their rules properly by
going through the discussions on related forums. Once you are familiar
with their rules, features, and best practices, spend significant time
for properly setting up your profile or any other details like skill
set, hourly rate, etc. As I specified earlier, try to understand the
requirements of the project properly and come up with your questions
when bidding for the project. As a beginner, you may have to bid low
to get projects. But don’t bid too low. Always have clear communication
with your customer. Don’t hesitate to point out any issues in their
requirements. When you face any difficulty in completing the project at
the specified time period, immediately communicate with your customer,
don’t give them surprises. It is better to get the payment on Hourly
basis in the long run. Most of the customers may not agree to pay
Hourly as they plan to spend a specific amount of money for a specific
project. So, they prefer to pay based on the project rather than Hourly.
But it is important to gain their trust to convince them for the Hourly
payment. The main reason is, we tend to give our suggestions only when
we are paid hourly. Our suggestions are very important for the success
of the project. We will be getting more projects only when our customers
are successful. It is better to focus on specific area of work. For
example, if you are a coder, focus on any one specific script (e.g
PHP). In the long run, you will be coming up with a lot of function
libraries which you can reuse in many of the projects. It will help you
to save time and get more projects easily.
Let me continue my story. Though I could get projects easily, I
couldn’t earn money as the employees used to leave our Company for a
better salary from Corporate Companies once they got experience from our
company. All my energy, time, and money spent on hiring the Team
members and for training them were not helping me to earn money. So, I
decided to change our business model. I focused more on developing and
promoting our own products such as Timesheet Software. This business
model is somewhat better than the previous one, because the high
employee attrition rate didn't affect this model much. In the case of
Freelance projects, we used to get different kinds of projects. So, it
required good work experience in various kinds of projects. But in case
of timesheet project, I can easily train any new team member.
But this model is also not giving much profit as the advertising cost is high.
In short, getting projects becomes easy for me. Individually I could
earn from the projects. But it was not profitable when I tried to do it
by hiring Team members. i-e I was not able to scale this business model.
In the meantime, I have noticed that Google Adsense is giving significant earnings from my blog
which I started to share my software development experiences
initially. So, I had decided to choose Google Adsense earnings as the
primary source of income. And therefore, I have started many websites
for showing Adsense ads.
I even sold many websites through websites-market-places such as
Flippa and Digitalpoint Forum by showing the Adsense revenue as the
proof for the value of the website. These things made me think that
Google Adsense is the best and easy way of earning online. Anyway,
flipping of websites didn't help much as I faced difficulty while
selling many websites.
Sometimes the Fees for selling the website are more than the website
sales price itself. And, the instability in our Team causes high
development and promotion costs. Unnecessarily I was spending money for
renewing many domains, and for the hosting servers. So, finally I
decided to drop lots of websites by letting them expire themselves
instead of wasting my time and money for trying to sell them through
Flippa or any other websites-market place.
The unstable Team causes a lot of issues. For example, I have done a
lot of hard work to bring the Automatic Resume Posting tool which had
lots of potential to earn money easily. But, because of the instability
in our Team, I couldn't make money from that amazing thing.
And therefore, I stopped hiring any new Team members to avoid further losses driven by unstable team.
Currently, I don’t have any full-time team member. But I strongly
believe in Team work. And, I had a lot of good experiences when we were
working as a Team. So, I have plans to build a Strong Team in the
near future once I finalize my current business plans.
I learned the lesson that unstable Team won't allow the Entrepreneur
to earn money from any kind of initiative even if all the other things
are supporting the Entrepreneur.
I am exploring various ways about making the unstable Team into a stable team.
In the meantime, I had decided to find some other ways for earning
money without depending on Team members much. i-e I was looking for some
kind of passive income opportunity.
I had tried various ways for earning passive income including,
website flipping, Affiliate Programs, publishing Books, Android Apps,
etc, But I feel YouTube is the best among all the tried ways.
I had spent lots of Time, Money, and Energy for trying all other
things. But they haven't given any significant benefits. Surprisingly, I
started earning significant money from my YouTube videos without spending any money for doing it.
And, I did some analysis about future trends, and found that YouTube
is the one among the 3 important online businesses, while Mobile Apps
and Social Media are the other two things. I thought running YouTube
Channel is comparatively easy among these 3 things. So, I decided to
focus more on YouTube.
Apart from earning money by showing Google Adsense Ads, you can earn
money from YouTube Videos through many other different ways also. For
example, YouTube allows you to sell Merchandise by adding the link to
the products using YouTube Cards in your videos. YouTube is having list
of Merchandise partners.
I had tried to sell the products like T-Shirts from Spreadshirt which
is one of the YouTube Merchandise partners. It was not successful for
me. Because my channel audiences are from many different Countries and I
upload videos on different topics. So it didn’t work for me.
For example audiences from India may not purchase these T-shirts as
they can easily get these T-shirt at a very low price from their
local shops. But it may work well for the YouTubers who focus on
specific audience. Their success possibility will be very high if they
found merchandise best suitable for their audience.
I came to know that YouTube’s other Merch Partner Teespring is
helping to earn money. So, now I have decided to explore it. I designed
some T-Shirts and linked the Teesping account with my Youtube Account so
that the T-Shirts will be automatically displayed under each of my
youtube videos.
We can set our own price for our Merch products and we can promote it
by giving Discount code also. I had tried this option for a few
months. I had spent significant time and effort to create T-Shirt
designs. I am not good at design. So, I tried creating simple designs
with various Quotes and trending topic slogans. All these efforts were
not much useful. I got a few sales only. So, I disabled this feature.
Before telling about YouTube further, let me first share my other earning experiences.
In my blog, I shared my software testing experiences in many blog
posts. Those posts were viewed by a lot of people. So, I decided to
combine all those posts and created as an eBook. I sold it from my
website. It was selling well. So, I published it as a Kindle book on
Amazon and then published a paperback version through Createspace. I
earned significant money from the sales of this Book. But this book is
bit outdated now. So, it is not selling now.
After seeing the success of this Book, I had published
a few other books, but they were not successful. I spent significant
money for running paid campaigns for promoting the Books. I tried Google
Ads, Facebook Ads, Reddit ads, GoodReads Give-Away, LinkedIn Ads, Book
Deals sites, and Amazon AMS ads. But they were not much helpful. But I
am still exploring the option of book publishing as a way of earning
money to handle the risk in case I face any unexpected issues with my
YouTube earnings.
As explained earlier, I closed most of my websites started with the
aim of earning money from Google AdSense. But I didn’t want to close one
site named TheQuotes.Net
as I like this name much and I am partnered with my friend for running
this website. As part of promoting this website, I had decided to
develop an android App, and I came to know that I can earn money by
showing admob ads. So, I learned to use Android Studio to develop simple
Apps. Though the Quotes app got a lot of good ratings, my earnings from this App is not much. But still, I published a few other Android Apps as a way of promoting my other products.
I am putting significant efforts for doing Amazon affiliate
marketing. As of now, I am not seeing any significant growth there. But,
I am continuing my efforts for doing it. Because YouTube disabled
monetization for my YouTube Channel two times by saying duplicate
content as reason. So, as a backup revenue stream, I am continuing
Affiliate marketing though I am not earning from it as of now.
Let me share my YouTube experience now. I had created my YouTube Channel “QualityPointTech”
in the year 2009. Initially, I was not taking YouTube as a serious
business option. At that time I was concentrating on doing software/web
development business. Apart from doing software development, I was
running a blog for sharing my knowledge and experience of doing Software
Testing and Web development. And, I came to know about the fact that
many people are earning money by showing Google Adsense ads in their
blogs.
So, I thought of trying that option, and therefore I applied for
Google Adsense. But my request got rejected many times. Finally, after
many attempts, Google granted me Google Adsense, and I started showing
Google Adsense ads in my blog. It took a few months to earn my first
Google Adsense Cheque. During those days, Google used to send the
Adsense payment as a Cheque once after our earning exceeds $100.
Within a few months, I started getting Google’s Payment Cheque every
month regularly. I realized the earning potential of my blog which was
started just to showcase my software testing and development skills to
get freelance projects. So, I decided to spend significant time in
promoting the blog. For promoting our blog, I created my YouTube
Channel. i-e That time I considered YouTube as one of the link
submitting websites which can help to improve the search rank of my blog
in Google Search.
A few months later, I received an email from YouTube saying that I
have the opportunity to earn money from YouTube videos by linking my
Google Adsense account with my YouTube account. And, I added Google
Adsense ads to my YouTube Videos. But I haven’t focused much on creating
YouTube videos. I just used it for promoting my blog and our Timesheet
product. One day, one of my Videos about Google Doodle got significant
views and thereby I earned significant money.
This incident had taught me about the fact of how YouTube Videos are
behaving differently comparing with blogs. I came to know that YouTube
Videos are getting more views for Trending Topics i-e topics that are
searched by many users suddenly. Thereafter I switched my focus from
doing web development to creating YouTube videos. I made this decision
due to other reason also i-e Problems faced in Web development business
due to the unstable Team as I explained earlier.
I continued uploading videos about Trending Topics regularly, and
earning money from those videos. But I felt that it is not going to be a
stable business model for long time. Because I strongly believe that
any business which is not solving people’s problems is not going to
survive for long time. So, I explored various other things which can
really solve People’s problems or help them in some ways.
For example, I thought about adding Tutorial videos which can help
people to learn software development and software testing. But, I
have noticed that a lot of other Channels were already providing
Tutorial Videos. And, I found that there were very few Channels only
available for giving latest Science and Technology News. So, I have
decided to use our YouTube channel for giving Science and Technology
News.
Comparing to the Trending Topics Videos,
the Technology News Videos are getting very less number of Views only.
But I am spending a lot of Time and Effort for uploading Technology News
Videos regularly. Because I came to know that many Scientists and
Inventors are inventing many useful things, and they are publishing
their findings in many Journals. But the benefits of their inventions
are reaching the end-users after a very long time only. The reason for
this unwanted delay is, the latest science and technology news is not
reaching the Entrepreneurs who can bring it further to the end-users. I
believe our YouTube Channel can fill this Gap. So, I will continue to
upload Science/Technology News Videos even if they are not earning much.
Whenever I go through the YouTube Earning related questions in Quora,
I see two types of Questions. One is, people asking about earning huge
money from YouTube, that too quickly and easily. They are seeing YouTube
as a magic money-making machine. I can clearly say that YouTube is NOT
suitable for that kind of people. It may be true that many people are
earning Millions of Dollars from YouTube just by uploading few videos
that are just showing themselves playing Computer Games. But this is
not going to work for everyone.
The another type of Quora Questions about YouTube is, people asking
about earning money from YouTube by utilizing their specific skills,
like, Music, Dance, Teaching, etc. YouTube will be best suitable for
them, not only for earning Money, but for their Career improvements
also.
For example, assume that you are a Musician. You can start your
YouTube Channel easily and immediately without spending any Money. You
have to upload your Music Videos to your Channel frequently. Many people
will start watching your video. If people are watching your music
videos long time, YouTube will start suggesting your video to many
people. Because Watch Time of the Video is an important factor for
YouTube to find whether a video is interesting or not. So, obviously
your channel will get more views, and you will start earning money.
Apart from earning money you will get feedback and suggestions from
your audience through the comments. Apart from making ad revenue, you
can earn by selling your albums to your established audiences. And, note
that just uploading video is not enough, you need to give meaningful
and attractive Title, add relevant Tags and most importantly you should
promote your Videos. i-e You need to share your video link with your
friends and on social media like Facebook, Twitter, etc. And you may
earn additional money by teaching Music to the people who are interested
to learn from you. And, you need to report to YouTube if you find any
other YouTube channel stealing your videos.
If you are not interested to spend time in promotion activities and
preventing video stealing, you can join an MCN (Multi-Channel Network)
so that they can take care of those things on behalf of you. But you
should remember that not all the MCNs are good, some of them may be
worst and fraud. I never used any MCN. So, do your research before
joining any MCN.
The very first question from the people who are willing to make
earnings from YouTube is like "How much money I will get for Thousand
Views?” You need to understand that view count is not the appropriate
measure for calculating revenue. Your YouTube earning will depend on
various other factors also.
Based on my understanding, I feel my YouTube Earnings depend on below
parameters. There may be many other parameters which I may not be
knowing yet.
Video Topic. Normally technology videos earn more than entertainment videos. Country of the viewers. If your audience are from U.S, U.K and Canada, you can earn more. Length of the Video. Based on my observation, long
videos tend to earn more money than short videos. (Note that long video
means the duration of the part actually watched by the viewers) Traffic Source. You can earn money more if the viewers are coming from Google search, instead of from any social media site.
Note that we can use our YouTube Channel for doing Live Streaming
also. You can do it from your mobile devices too using YouTube App.
In Desktop you can use any broadcasting software like OBS
for broadcasting Live programs to your YouTube Channel. And, YouTube
is providing features like “Super Chat” which will allow you to earn
money by highlighting user chat comments while broadcasting your live
video.
I learn lots of things from the feedback/comments given by my
channel viewers. Many people told me that my voice/accent is not
understandable for them. So, I am spending significant time in adding
subtitle / CC for almost every video I upload. YouTube is providing a
Tool for making the subtitle adding task easy. If you give the entire
transcript of the video, it will automatically create the subtitle for
your Video. Adding subtitle will help to increase the watch time of the
video and therefore it will help to get more views.
And YouTube is providing an automatic translation option also. But I
haven’t used it much and therefore I can not tell about the impact of
using automatic translation.
I did the mistake of not buying a good quality microphone. This
mistake affected my channel growth heavily. I realized my mistake
after a few years only, and bought a good quality Mic and Stand for
holding the Mic.
So, make sure that you are using Good Quality Mic and Camera or any other tool required for creating your videos.
For improving Voice quality, I started using the audio tools like
Audacity. I use it for doing noise removal and for removing silence.
I spent significant time creating custom Thumbnail image for my
videos. Actually, YouTube will allow you to choose one of its 3
automatic thumbnail suggestions. But it will be better to create our own
thumbnail image and upload it as a custom thumbnail.
For promoting our YouTube Videos, I follow many different ways. I
share my videos on social media sites and I will specify my YouTube
Video in my answers in any Q&A Website or Forums. I joined with
many relevant Facebook Groups.
And, I have released a Mobile App in Google Play Store for viewing
our YouTube Channel. I am embedding most of my videos in my news website
RtoZ.org so that people can easily navigate my YouTube Channel Videos
based on Tags and Categories.
I used to spend significant time in going through YouTube Analytics
which gives lots of information about our Videos, like Ad Rate, Watch
time, Demographics, Traffic sources, details about Likes, Shares,
Comments, Playlists etc. And, it provides Real Time stats also. We can
get lots of clue from these Analytics Stats to improve our Channel. So,
it is very important to go through YouTube Analytics regularly.
We need to be very careful while promoting our videos. We should
promote our videos in genuine ways at relevant places only. If you
promote your video to irrelevant audience, then the watch time of your
video will be reduced. Good watch time is an important factor for
earning from YouTube videos.
Another important thing you need to be very careful about is,
Copyright Rules. Never violate anyone’s Copyright and Privacy. Try to
be familiar with YouTube’s Terms & Conditions, Policies, Copyright
rules and Community guidelines. You will get copyright strikes for
violating anyone else’s copyright. And you will get Strikes for
violating the Community Guidelines also.
Note that your Strike will not go even if you delete the Video. Your
YouTube account will be terminated if you get three strikes. You can
not create any new account. So, be very careful about copyrights and
community guidelines.
And never try to click the ads in your own videos. It may lead to your Adsense account termination.
Sometimes we may receive false copyright notices due to incorrect
functioning of YouTube’s ContentID matching system. So, you need to
dispute those false claims, otherwise the ad revenue from your video
will be paid to copyright claimer.
At sometimes, YouTube will allow you to remove the copyrighted
song from your video instead of deleting the entire video. And, I have
noticed that we will not be able to edit some details of a video if that
video exceeds significant views.
Sometimes, I used to think about why I could earn from YouTube easily
comparing with my other initiatives like Software Development and Web
Sites. In fact I am NOT good at video creation. I realized that it
is related to the fact about why I couldn’t build strong software
Development Team even when I was working very hard to achieve that
mission. The Answer is simple. I couldn’t compete with the already
established software development companies in terms of retaining skilled
developers.
Those companies easily attract our team members by offering higher
salaries. But when they started their business a few decades back, they
didn’t face these problems. Because they were at the beginning of
software development era. For them, it was easy to succeed in Software
Development Business. I understand that I am experiencing the same thing
with YouTube. i-e Succeeding in any Emerging Industry/Market is easy
comparing to competing with already saturated industry. I believe Video
is Emerging now. When Printers were invented, there was a business
opportunity for putting all the knowledge and experience of humans in
Books format.
Once Computers were invented, there was a demand for converting
the Books into Digital format by doing Data Entry tasks. Then there was a
demand for Web Developers for putting those digital data into websites
so that people can access them from anywhere. Now people are preferring
to consume those content simply by watching as video instead of reading
the content by themselves.
The fast growth of computing power, increased network bandwidth and
accessibility of Mobile Phones made their wish possible. And, this kind
of fast growth of Video production and consumption is going to change
the entire business systems.
For example, previously people used to join any Training Center
for learning any new language or computer programming language. Now they
can easily learn any new language by watching Tutorial videos on
YouTube. So, the Training Center business will be going down, they need
to slightly change their business model. They need to plan for doing
their business through video platforms like YouTube.
It is true that YouTube is having a huge opportunity to earn money. But that doesn’t mean that it is without competition.
Already a lot of people had started YouTube Channels on numerous
Topics. Getting views to our YouTube channel is very difficult.
Sometime back, I got a chance to meet many YouTube Video Creators at an
Event arranged by YouTube. In the meeting, most of new video creators
were saying that they found it very hard to earn money from their
YouTube channels.
And, YouTube is also adding many new restrictions for enabling
monetization for new channels. So, if you are planning to earn money
from YouTube, you need to do it soon.
From my experience story, anyone can easily understand that entering
earlier into any kind new business opportunities is the easy way of
making money.
So, it is important to be familiar with the updates of Emerging
Technologies such as 3D Printing, Robotics, Drones, Graphene, Nano
Technology, Artificial Intelligence (AI)/Machine Learning, Gene Editing,
Desalination Techniques, Virtual Reality, Wearables, New kinds of
Batteries, Driver-less Cars, Solar Power Improvements, Quantum
Computing, Brain–computer interface, etc.
I have uploaded a lot of Emerging Technologies-related videos to my
YouTube channel, and daily I am spending a lot of time and effort to
find the latest Science and Technology News from various sources
including Universities, such as MIT, Stanford, Harvard and UC. And, I
used to check various Science and Technology related groups in various
social media websites to find latest updates of Emerging technologies so
that I can upload a news video about them. I would like to make my
YouTube channel as a bridge connecting the Scientists and Business
People.
As explained in my video, I believe Emerging Technologies will change our Life and Businesses entirely very soon.
So, if you are interested to know the latest technology news, subscribe to my YouTube channel.
As of now, I am not an expert in any kind of emerging technology. But
I believe I can connect the relevant people/business/projects/problems
as I am spending many years uploading news videos related to emerging
technologies. I thought about creating some kind of web platform to
connect the Science and Business worlds. But I postponed this plan as I
expect it will be a challenge to bring users to that platform initially.
So, currently I am planning to promote my YouTube channel to get more
subscribers. Once after getting huge number of subscribers, I believe it
will be easy to get users to that connection platform. So, I am running
Google Ads to promote the channel.
As I am working on full time for video creation and promotion, I felt
that just depending on YouTube alone will be risky as it may do
demonetization at any time without any warning or proper explanation as
it did two times previously. So, I explored various alternatives for
YouTube. Finally I found the Blockchain-based Video platform Odysee which is trying to be the “YouTube of Web3.0“.
I came to know that we can earn money from video views on our Odysee
channel. Especially, I was told that we can do it without spending much
time/effort. We need to just sync our YouTube channel with Odysee
channel. It made me to choose Odysee. But Odysee Earnings will be in its
own Crypto coin LBRY Credit (LBC) only.
As I am not familiar with Crypto currency usage, I had to go through
various articles/videos to learn about Crypto currencies. I came to know
that Odysee’s Library credit "LBC” is not famous right now. So, only a
few Crypto Exchanges are supporting it. But, those Exchanges are not
supporting withdrawal into my local bank account. So, I had to find out
two Crypto Exchanges. One Exchange for depositing LBC from Odysee and
convert it into famous crypto coins like Bitcoin (BTC). The second
Exchange is for depositing the famous coin (e.g BTC) from the first
crypto Exchange, and for converting it into my local currency for
withdrawing it into by bank account. After doing a lot of analysis, I
sorted out two exchanges, and did the accounts setup. I will try the LBC
withdrawal from Odysee once after earning significant LBC Credits. Now I
got the confidence of getting paid from Odysee. So, I will be working
on promoting my Odysee channel. If you are interested, you can follow my Odysee Channel.
Based on my initial observation, Odysee is working good. We earn LBC
Credits based on the Video views. It seems video search and
recommendation also work based our LBC credits. Instead of withdrawing
the LBC, if we keep them with Odysee, then our video discovery will be
good. Odysee is available as mobile apps also. I will explore more about
Odysee and will share my experiences on my blog.
Apart from Odysee, I am exploring other blockchain based social networks like Dtube, steemit, hive, etc.
Thanks for reading this post. Though I am not earning much online, I
thought sharing my experiences may be helpful for someone willing to
start earning online. If you are really willing to focus on your work
and maintain integrity, surely you can start earning money online. Don’t
be greedy, otherwise you will be getting cheated by scams. If you are
good at your specific skills or have any good products with competitive
price, you can easily get paying customers by putting some efforts for
creating your profile, showcasing your skills or product details, doing
social media promotion, and running some effective ad campaigns.
Thanks for reading this post.
Check this post if you plant to start doing small online business.
I am putting a lot of efforts to upload Science and Technology News Videos to my YouTube Channel. As I mentioned in my previous post, I am doing it as full-time.
Because of all these efforts, my YouTube Channel is growing steadily. But, running a YouTube channel full-time is having some risks. For example, monetization was disabled for my channel two times previously. So, I was looking for some alternatives also without shifting my focus from Science and Technology news videos creation. I explored various things, and finally I decided to sync my YouTube channel with Odysee which is a video platform running on the Blockchain platform LBRY.
Now, you can watch my Videos on Odysee also. For watching the videos without Ads, you have to create Odysee account. It can be done easily.