How do you make money on the internet? What kind of content would you monetize? Text? Audio? Video?
In this technologically driven world, content is the backbone of the social sphere. Text, audio, video, games, and other graphical representations of digital content have become essential components of daily life. Regardless of your choice, content creation is a goldmine in this modern day. However, video content is one of the most difficult to make because it demands significant time and works to produce high-quality content.
Undoubtedly, YouTube is the largest platform where anyone can put their video content and give it the biggest exposure. YouTube is a free video-sharing service where you can watch, share, comment, and upload your video content. Of course, anyone with a YouTube account may easily upload a video. But not everyone can make money from it.
Starting to make money from YouTube for your video content involves regular uploads of high-quality videos that entertain or educate viewers, who will watch your content if they find it fascinating and relatable. However, this goes without saying that for a beginner creator, regardless of how value-packed your content is, it might be difficult to get money off your work. This is because YouTube has a requirement to be met before monetization of content can be done.
Meeting YouTube Monetization Requirements
People often say; that starting is the hardest thing. However, this is not totally accurate when it comes to making videos and earning money from them on YouTube.
When I first started making videos, I used to upload a new one every other day. This indicates that I occasionally upload up to 4-5 videos to my channel in a given week. Aside from the painstaking process of making a video, YouTube has expectations of me that I must meet before I can profit greatly from my work.
Firstly, before I can qualify to monetize my videos, I need to join the YouTube Partner Program, as this enables me to get paid for views and advertisements shown on my page. But unfortunately, certain requirements must be satisfied. For instance;
- I need to have a minimum of 1,000 channel subscribers
- At least 4,000 hours or more of video viewing over the last 12 months
- Be in a country where I am eligible for monetization
- Create a Google Adsense account where advertisers can pay when they get clicks from my page.
There were several prerequisites to be fulfilled, especially if you are just starting out and don't yet have many subscribers. Unfortunately, you can get rejected even if you meet the requirements and can only re-apply after 30 days. I began to wonder: How does a complete beginner be paid for their content?
Interestingly, YouTube introduced a function, Super Thanks, allowing subscribers to reward creators for their work if they feel the video content is worthwhile and want to show their appreciation.
'Super Thanks' Feature And Its Challenges
The super thanks is a tipping feature by Youtube that can be added to pre-recorded videos on the creator's profile. So, if a viewer finds value or enjoys your videos, they will show their appreciation and extend their love by tipping the creator with the super thanks option.
Unfortunately, I could still not use the YouTube tipping capabilities because they require a monetized YouTube account before they can be activated.
Aside from the demanding requirements to monetize my channel and take tips, YouTube only pays 70% of tips received and retains 30%. This does not appear to be a fair offer, given the amount of work required to be qualified for the feature.
Then I wondered, what's the fate of an absolute beginner? How can I receive direct tips from my small audience for my content?
So, after some research, I unexpectedly learned that I can receive tips directly using cryptocurrency, which will be supported by a third-party crypto service provider. Surprisingly, I found a solution from the Cwallet (previously cctip) blog outlining how content creators can get tips directly with cryptocurrency after researching "How to monetize my YouTube channel with cryptocurrency."
Accepting Crypto Tips With Cwallet
Immediately, I checked all that is required to use the service and if there were any cost implications. Shockingly, the service is free, and I only need to register to access the tip box features. The registration process was the easiest I've ever seen; there was no time-consuming registration and KYC verification process. All I had to do was connect my social account, and my Cwallet account was ready to use immediately.
Once my Cwallet account was ready to use, I could easily add the tip box to my YouTube channel. Linking my crypto tip box to my YouTube channel was straightforward. Additionally, Cwallet provided me with a QR code to upload so that I could receive tips quickly. Place the tip QR code directly in your videos on any social media platform. People will be able to directly scan the code to send a tip for your excellent work!
I instantly received cryptocurrency tips from my subscribers using the crypto token of their choice through Cwallet's tip box without having to pay a commission to YouTube, unlike the Super Thanks function, which is only available to specific countries. Interestingly, all of these are without any additional service fees.
Now I can easily and directly receive tips on my content without worrying about meeting certain requirements or paying a commission to YouTube.
Similarly, you can start receiving 100% tips from your YouTube content, as I did, by following this simple step. After you generate your tip code, Cwallet will provide you a link and QR code in various formats. After that, you add the tip code to your channel and video description to take advantage of the Cwallet tip code's benefits.
By using the tip code feature of Cwallet, my subscribers could tip me directly for the content I create without me having to worry about commission costs to YouTube or withdrawal fees.
Cwallet: The Only Multi-functional Crypto Wallet You Need!
Cwallet is a unique cryptocurrency wallet that combines custodial and non-custodial features. You can manage and trade more than 800 cryptocurrencies in one location with the help of this integrated on-chain and off-chain wallet, which offers security, simplicity, and flexibility.
The Cwallet provides complex crypto needs of individuals or businesses through a variety of tools like the tip code, airdrop game, giveaway tool, mobile refills, bulk payment, request invoice, payment button, etc. It is more than just a cryptocurrency wallet where users can send and receive, buy and sell, or hold and swap.
Cwallet does not charge any deposits, withdrawals, and token swap fees. Therefore, using Cwallet is absolutely FREE!
So, what are you waiting for?
Download Cwallet NOW to enjoy many exclusive benefits!