"In an evolving world of crypto-based social network Dapps, Steemit is recognised as one of the most well-known platforms that pays both content creators as well as its users who participate in curating those efforts. This has led to many other blockchain-based competitors emerging to provide their unique spin on this intriguing new concept where individuals have a choice of either blogging for a steady income or simply wishing to make a little something from appreciating other people’s work.

Publish0x is one of those new social media platforms where writers and readers can also get paid in crypto currency. It was launched earlier this year with a particularly enticing reward scheme attached. Let’s take a closer look at what’s under the hood.

What is Publish0x?

Publish0x, based on the Ethereum blockchain, is a multi-crypto compatible publishing platform that incentives both its content creators and readers alike. Users earn cryptocurrency in real-time by consuming content produced by other users, maintaining their own personal blog as well as sharing great content. This is a platform whereby users stand to gain as a collective and earn cryptocurrencies as a reward for mutual activities and engagement on the platform.

Getting Started

The website is very easy to understand and navigate through, with registration also being quite a straightforward process. To create an account, all that is required is an e-mail and secured password of choice. Once this is done, a verification e-mail will be sent in order to activate the account. Then it is ready to use!

It must be noted that the option of writing a new post is not enabled at first. Publish0x features a stringent invitation-only policy whereby new users to the platform are required to fill out an onsite application form with proof of writing skills so as to ensure only the highest quality articles are published. Once accepted, this allows users to not only publish written content on Publish0x but also link music files from popular uploading service, Choon.

Publish0x uses the Ethereum blockchain so a relevant wallet is needed to be able to withdraw any potential earnings. Currently, a trio of ERC-20 tokens are supported. Publish0x began life only using the BNTY token as part of its reward mechanism, however two more coins have been added since, which are HYDRO and DAI. This “agnostic” approach to embracing multiple digital currencies, is a great advantage for individuals wishing to earn an array of different ERC-20 based tokens.

The main interface is simple and user friendly, making navigating the platform a breeze. The homepage displays the top trending shared content from the most popular authors at that time, which can even be filtered according to week, month or year. In regards to content discovery, it is possible to view and explore various categories of interest including the likes of Crypto, Music & Art, Entertainment and Biz & Tech.

On added bonus for posting on Publish0x is the option of having content shared on external social media platforms with just a simple button press. This includes the likes of Facebook, Twitter, Reddit and Pinterest, to name but a few. In addition, users are able to share other authors work on those platforms and better still, earn themselves a little percentage of extra remuneration besides the ubiquitous blogging and reading rewards.

An Empowering Remuneration System

Rewards on Publish0x are distributed via a unique tipping feature, courtesy of a linked reward pool. In other words, it doesn’t cost a user anything to begin paying out. However, unlike other social media platforms such as Steemit or Reddit, Publish0x has adopted a sliding scale system with a twist. The actual tip is weighed according to the tipper’s selected preference. By default, the slider is set at 80%-20% in favour of the author although the reader has the option to adjust these settings. This allows for more flexibility and accuracy in terms of how much a user wants to balance out a tip payout between both parties.

Another thing worth mentioning is that it is only possible for a tip to be awarded every 8 minutes in addition to the fact that the total tip rewards decrease in value every time one is given. A smart way to keeping abuse to a minimum within the platform.

Finally, there is an “Ambassador Program” to encourage current Publish0x users to earn yet more tokens by bringing friends and family to the platform. However those earnings are dependant on if the referred user is visibly active on the platform thereafter. It is then possible to earn 5% of every tip claimed by that user. A great incentive to grow and expand on the future network of communities blogging on Publish0x.

Publish0x is a new and interesting platform for earning crypto currencies in a fun, enjoyable and innovative fashion. Compared to other similar platforms, it allows for both blogging content and audio content sharing, as well as a unique and fair approach to rewarding participants in multiple ERC-20 tokens.

The platform is not quite finished yet and thus still remains as a beta version for now. So further updates and improvements are to be expected in the near future from the Publish0x team. However, it is definitely worth checking out for any existing content creators looking to monetise their literary talents. And just remember, it is also absolutely free to join too!"