Complete Guide to DeSo and Friend.Tech: How to Start Earning Money from Your Social Interactions

The technological environment is changing extremely fast and there are several new platforms which allow users to make money just by being social in a variety of new and inventive ways. Among the most important platforms that bring about this change are DeSo (Decentralized Social) and Friend.Tech. The guide from A to Z will bring you through the entire journey of these platforms starting from setting up and finally having a great strategy to make money.

Identifying the New Era of Social Monetization

For a long time, traditional social media platforms have been making a lot of money out of the content created by users while at the same time, giving little or no direct compensation to the creators. The development of blockchain-based social platforms is a big step towards changing the relationship between the two parties where users can now be rewarded by their social interactions, content creation, and community building.

The rationale behind these platforms is that everyone should have the right of ownership, everything should be done in an honest way as well as compensating creativity directly. Unlike traditional social networks where the platform hoards most of the profits, decentralized social platforms allow users to earn money through different methods such as content ownership, token economics, and direct peer-to-peer transactions.

What is DeSo (Decentralized Social)?

DeSo is a blockchain platform that is made specifically for social media applications. The main idea is the creation of decentralized social networks where users have control over their content, data, and even social relations. The platform thus allows the developers to make social applications that not only keep the user connected but also involve financial features which are accessible directly from the social experience itself.

Key Features of DeSo

Content Ownership: Every post, profile, and social connection is stored on the DeSo blockchain, which means users actually have their digital identity. Therefore, users are not only allowed to transfer the data, but at the same time, they can also sell the content directly from one app to another which are all built on DeSo blockchain while they are the ones who hold the copyrights.

Creator Coins: Basically, DeSo is the platform that has maden the most of the innovetive features Behind the scences resources are the well known creator coin concept introduction. Each profile is initially assigned a coin that no one can buy or sell it unless it is a person who owns that coin. The creation of a marketplace for social influence was the very reason why the concept of the market for social influence was designed in such a way that when more people decide to buy those coins and thus driving the prices up; however, the coins' prices fall when the selling activity increases.

Social Tipping: The new method of micro-transactions has made it possible for social platform creators to receive tips in the platform's native currency or creator coins from users of the platform which was not feasible before on traditional platforms.

NFT Integration: Without any interruption in the social experience, the platform presents non-fungible token (NFT) creation and trade features by default.liche with the help of DeSo.

Popular Applications Built on DeSo

Diamond App is the flagship social application on DeSo, offering Twitter-like functionality with integrated monetization features. Users can post content, follow creators, and give "diamonds" as tips to content they appreciate. The platform's interface keeps the tradition but adds a layer consisting of more powerful financial features.

Check out the Diamond App at: https://diamondapp.com

Desofy is centered on discovering and curating content, which makes it simpler for the users to trace the creators and the content that are spreading across the whole DeSo ecosystem. Referring to the platform, creators get the analytics that can be the basis of the advancement of their content strategy.

Navigating to Desofy: https://desofy.app

Pearl is a mobile-oriented application that allows quick and smooth access to decentralized social media. The application concentrates on the visual aspect of the content and offers easy access to the basic features of DeSo.

Check out Pearl at: https://joinpearl.com

Flick is the creator of short videos about the DeSo blockchain and is similar to TikTok but has the feature to earn money and keep the content ownership.

Take a look at Flick: https://flickapp.com

Getting Started with DeSo

Setting Up Your DeSo Account

Creating a Deso account is very easy and can be done through any app on the Deso platform. For most, users, the Diamond App could be a good starting point thanks to its full-featured and active community.

Navigate to Diamond App and select the option to sign up. You will create a username and a seed phrase. The seed phrase is essential as it gives access to your account and the associated assets. Keep it securely offline and do not share it with anyone.

The process of registration is almost non-existent in terms of personal information, with privacy and decentralization being the focus. Your profile then becomes a blockchain asset that you have complete control over.

Funding Your Account

In order to have full access to the DeSo ecosystem, you will be required to add funds to your account. The platform is equipped to handle a variety of payment methods such as credit cards and certain cryptocurrencies. The minimum amount to start with can vary but it is usually easy for most users to find a way to meet this requirement.

Pick the option to fund your wallet after going there. The steps to complete your transaction with your chosen payment method will be given to you. Usually, the money will be available in your account within a few minutes.

Optimizing Your Profile

Within the DeSo ecosystem, your profile is your online identity. Producing a compelling profile is an important task for you since it should be able to give a clear message of your value to the people who might follow you or purchase your coin.

If you are a brand or a person, choose a nice profile picture and banner image which can be of your brand or personality. Explain in your bio what content you create and the benefits that your audience can get from you.

Fill in profile sections completely and add links to your other social media accounts or websites. Having a presence on multiple platforms helps to gain the trust of the audience and make it easier for visitors to move between your different online properties.

Creating Your First Post

There is a direct correlation between content quality and DeSo earning potential. The best way to do this is to create content that is valuable and engaging. In the form of posts, one can use text, images, videos, and external links.

Act in an engaging but authentic manner towards the members of your audience by replying to their comments and being part of the discussions. The platform likes and thus rewards only real, active, and not purely promotional users.

One great way to make your content more visible is by using the right hashtags. Find out what is hot in your branch of work, then add your two cents there. This will make you visible because you are not just rehashing old ideas but giving new ones your own personal spin.

Creator Coins Unveiled

One of the most exciting features of DeSo is the introduction of creator coins – a concept that establishes a money flow within the creators and the supporters. Every profile gets a coin of its own which is automatically traded on an automated market maker.

The Working Principle of Creator Coins

The selling and buying of the creator coins are managed by a bonding curve algorithm system, in which the price of the coins rises with every additional purchase and falls with every sale. In this way, the market determines the price of the coins based on the demand for the creator's content and the community.

The possession of the creator's coin can give the holder different rewards depending on how the creator decides to present them. They could be access to the locked content, getting some new skills, having the opportunity to send a message directly, or even being part of a community where the creator is the only one.

How to Buy Creator Coins

Buying creator coins is quite simple, just go to the creator's page whom you want to help and find the buying option. It is usually located on the profile page where it can be easily spotted. Once you have decided on the amount, write it there and proceed to check out of the transaction.

Think through your investing plan first. Some people buy the coins of the creators in whom they really believe and do it just to gain access to the creators' exclusive content. On the contrary, some users treat creator coins as stocks which they buy only for the purpose of selling them later when a particular creator reaches new heights.

Selling Creator Coins

There is no time limit to selling creator coins, one can easily perform the same transaction through the interface that was used to buy the coins. Go to your wallet, choose the coins that you want to sell, type in the quantity, and then confirm the transaction.

Timing is everything when dealing in creator coin markets. A coin is likely to go up in value as a creator gets more followers and a bigger influence. When figuring out the right time to sell, weigh the creator's course and your intentions.

Increasing Your Creator Coin Value

Your creator coin value is highest when you have more people to engage with, offer quality content, and keep your community happy. Regularly putting out good content attracts followers, the potential future coin holders.

Attractive offers such as benefits exclusively for coin holders will motivate people to buy your coin. An example is the accessibility to premium content, getting the news first, exclusive community features, and special recognition in the community.

Use all your platforms to talk about your creator coin. Turn the spotlight on the current audience to help them see the value of having their coin with you to support your content creation work

What is Friend.Tech?

Friend.Tech started as the mix of a social and financial platform with a bit of innovation thrown in. The service lets customers buy and sell "keys" that give them access to exclusive content and direct communication with creators and influencers.

Core Concepts of Friend.Tech

Keys System: Friend.Tech'es user each has keys that others may purchase. One who holds someone's key gets access to their private chat room and all other exclusive materials. The price of keys changes based on how many there are and how many people want to have them.

Private Rooms: Those who have the keys are able to enter exclusive chat rooms, where creators provide premium content, share their philosophy, and have one-on-one conversations with their community. Such a thing results in intimate communities composed of engaged supporters.

Dynamic Pricing: The prices of keys increase when more people get them and decrease when people sell them, thus, a market-based system is created for valuing social access. This method guarantees that access to highly-demanded creators will be the reflection of their demand.

How Friend.Tech Differs from DeSo

Both platforms allow social monetization, but they differ in their conceptual approach. DeSo acts as the backbone for various social apps, while Friend.Tech limits itself to the monetization of the direct user-access and exclusive communication.

DeSo is built around publicly available content with optional monetization features, meanwhile, Friend.Tech is developed around the idea of exclusive access as the primary source of user value. The two models are each beneficial in different ways, based on the content strategy and audience preferences.

Getting Started with Friend.Tech

Account Setup

New users must be invited to the Friend.Tech platform. As a result, the atmosphere is exclusive and the expansion is regulated. You can get an invite code from either an existing user or from an official channel when the registration is open.

The platform verifies users through social media accounts that are already established, thus, helping to confirm the authenticity of the user and prevent identity theft. This link to the user's social profiles also makes the transition of the audience from the traditional platforms much easier.

Connecting Your Wallet

Friend.Tech is a decentralized blockchain platform. Transactions here 'blockchain' style, a 'blockchain' type of wallet service is needed. The site shows the way and explains how to link or set out the wallet whilst signing up.

I am telling you that your wallet must be loaded with sufficient cash to participate in sales that matter, and also to pay for the transaction fees. These minor costs or fees for an operation are dependent on the state of the network but are usually quite low.

Buying Your First Key

One of the best first steps is to buy keys from those creators whose content is worth your attention. The straightforward way to do it is by checking out profiles, downgrading or upgrading their content with your idea of its worth, and deciding to be part of their private community.

Price of keys differ significantly depending on the popularity of the creator and the demand for them. You'd better get used to the platform by making small trades before proceeding with big ones.'

Creating Value for Your Key Holders

If you want to be successful on Friend.Tech, you should deliver all the necessary value propositions to the key holders. The fact that the service is closely held means your material and discussion will have to be worth the financial commitment made by your backers.

Deal in such content that was once secret, share premium insight, give quick access to news, and create an occasion for one-on-one communication. The more committing the audience is to you, the more attractive your keys will be to new buyers.

Become more than just a chatroom - you need to foster a community. Develop bonds between members and together create a feeling of community that goes beyond just passing content to each other.

Earning Strategies Across Both Platforms

Content Creation Excellence

What we call quality content is the main pillar of the success in both DeSo and Friend.Tech. Create a content plan that plays to your strengths and is of use to your readers.

The importance of consistency cannot be overemphasized in terms of constructing and keeping an engaged audience. Having an established time frame for posting and abiding by it will give more followers the opportunity to anticipate and also getting used to your method.

Expand your content to include different formats so that you get to appeal to the various likes and dislikes your audience. Blend educational content, entertainment, personal insights, and community engagement to offer a complete, diverse experience.

Community Building

Building communities organically is the main driver of loyalty and thus, success in these applications. Searching for genuine connections by conversing with the audience instead of chasing vanity metrics should be your goal.

Make it a point of habit to engage with your followers consistently through comments, responses, and direct interactions. Interaction on a personal level, coupled with recognition, is a winning formula for creating a supportive group of friends who will be more willing to invest in your creator coins or keys.

Get your community talking not only with you but also with each other. Conversations begin to flow when you pose challenging questions and creating moments to interact will make your community members more comfortable with one another.

Cross-Platform Promotion

Use your current social media to create more visibility for your DeSo and Friend.Tech accounts. Just as creators get their audiences through platforms like Patreon and Buy Me a Coffee, these blockchain-based platforms can be additional income sources if you efficiently promote them.

Share your experiences with blockchain and social media with people who still use traditional platforms and try to convince them your new way is the best.

Give followers some good reasons to move to your DeSo or Friend.tech accounts. The reasons can be unique content, a contest, or early access to announcements.

Strategic Content Gating

You decide which of your content should be open to everyone and which should be available only for holders of coins or keys. This regulation largely affects your development and profit potential.

Open content can be a good way to show your value and attract new followers, while your most premium insights and easy access can be reserved for future paying supporters. This model of dividing content maximizes both your reach and earnings.

Try to produce several kinds of content and afterwards, you will know which one will attract more paying and which more free audiences. Moreover, you can adjust your strategy by using analytic data and feedback over time.

Collaboration and Networking

Collaborate with other creators on these platforms. Do a cross-promoting together and thus gain new audiences. Collaborative content, mutual endorsements, and shared events are a win-win situation for all parties involved.

Be beyond your local community, e.g., the neighborhood of your immediate followers. In other words, take a more active position. Comment on other creators' content, join conversations, and contribute value throughout the platform.

You can be in a creator coalition or start one with other creators who can then packaging the benefits available to holders of their common coin or key thus increasing supporter's value proposition.

Advanced Earning Techniques

Leveraging NFT Integration

Deso's NFT capability embedded within the platform enables you to mint your unique and outstanding content as NFTs, thus generating new income streams for yourself. Find out which content you have that is the most valuable and release them as limited edition NFTs.

The selling of NFTs on DeSo takes place right in the social experience, thus it is more user-friendly and less accessible for your fans. However, this integration provides more benefits compared to standalone NFT marketplaces for social content creators. Unlocking full NFT-based money-making could be the right move to reap the utmost profit from this ground-breaking idea.

Hosting Exclusive Events

Get hold and run the most exciting and exclusive events such as live Q&A sessions, workshops, masterclasses, or virtual meetups for the coin or key holders. This way, you add a significant value to the ownership of your coins or keys.

Supporters who cannot be present for the live session record and archive, and over time, this library of exclusive events for them grows in number and thus, so does the value of your offer.

Creating Tiered Access Levels

Create different access levels that correspond to the amount of coins held or the number of keys purchased. With each higher tier, a supporter is offered more and more exclusive benefits, thus he is encouraged to deepen his investment into your project.

Help supporters to understand better the importance and advantages of each tier and, thus, enable them to make educated decisions regarding the level of their investments. The open communication between you and your supporters makes the latter more likely to increase their investment.

Implementing Limited-Time Offers

In such a way limited-time offers work wonders as they can be directly connected with original coin purchases or key acquisitions. One of the main reasons for their effectiveness is the fact that such offers generate more urgency and delight among users. Be it in the form of special prizes, secret content releases, or temporarily lowered prices, with such promotions, potential supporters will be unable to resist the temptation to make a move.

You can for instance clock these kinds of offers to support content drops, milestones, or special events and thus their outreach and meaning get bigger.

Providing Educational Value

A field specialist persona is someone who educates folks by giving tutorials, guides, and insights that yield specific results. Normally, learning content is not cheap and draws a devoted audience that is ready to pay for it.

Simply design an easy-to-follow and understandable learning journey just for coin or key holders and then you can create a multi-part series that adds value progressively over time.

Offering Consulting or Mentorship

If it happens that you are a professional or an expert, then create consulting or mentorship opportunities that only top-tier coin or key holders have direct access to. It is this high-end service alone that causes the prices to be elevated and creates valuable connections with your most committed supporters.

In order to manage expectations and be able to keep boundaries, you need to specify clearly the time commitments, communication channels, and deliverables for such services.

Essential Tools and Resources

Analytics Platforms

DeSo Pulse enables detailed measurements for DeSo profiles, including follower growth, engagement rates, creator coin performance, and content metrics. These numbers are the starting point for content and community management decisions.

Visit DeSo Pulse at: https://desopulse.com

Friend.Tech Stats is a product that provides data in detail for users of Friend.Tech by following the main prices, the number of the transactions, and the increment of the community. One can use these parameters in the best way when he has an idea about them.

Content Creation Tools

Canva is just what you need to make your content more attractive to the audience, be it a graphic, a thumbnail, or a promotional material for your both platforms. In fact, the professional level of presentation increases both the value and the engagement of the audience.

Explore Canva at: https://www.canva.com

Grammarly is a must-have tool for written content, which is aimed to be in professional quality. It is done through error detecting and improvement suggestion which further promotes the done by the user communication.

Get Grammarly at: https://www.grammarly.com

Descript has the most talented video editors in the world with transcription video edit as well content creators will use the way of their creativity will be more accessible and faster.

Descript is at: https://www.descript.com

Community Management

Discord is one of a kind that supports you with great tools for easy communication and community features that elevate the engagement level of your fans' club.

Get to Discord at: https://discord.com

Telegram is yet another platform enabling community management, specifically the fan base behind the blockchain, where you can find not only channels but groups that can serve different engagement levels.

Find a new way to interact with your audience via Telegram at: https://telegram.org

Portfolio Tracking

Coingecko is a website that provides information about the prices of different coins. Similar websites are also available in the market. The only difference is that these websites are specific to DeSo creator coins and Friend.Tech keys.

The link for visiting Coin Gecko: https://www.coingecko.com

How to Build a Future Career

Long-lasting Development by Using Organic Methods

One should not be too eager that he/she will be rich very soon and thus neglect the community quality. The most sustainable way to success on these social platforms is through establishing real friendships with the people and continuously delivering them value for a long time.

Do not focus on generality but rather on getting to know the right type of audience and thus increase your number of clients. Infractions between a smaller number of highly engaged true followers lead to more refunding and satisfaction than a large number of passively interacting followers.

Keeping One's Self True

On social blockchain platforms, for example, authenticity has a huge impact where financial transactions are made and causes high expectations. In all the dealings in which you will be involved be absolutely true, and honesty, coupled with transparency, should characterize your products and services as well as your skills and the things you are not able to do.

Talk about the success and difficulties that you encounter with your group. Being imperfect and at the same time being true create emotional links with the public, which is not the case with only the perfect ones.

Always Excelling and Adjusting

The blockchain social milieu keeps changing very fast, with new features, platforms, and best practices coming regularly. To keep the edge, one must go on learning and refreshing his/her knowledge.

Connect with the community of creators, keep yourself updated with the developments of the platform, be the first to try out new features and learn from both the successful creators and your own experiences.

Diversifying Income Streams

One may, however, with a DeSo or Friend.Tech account keep on earning on the blockchain while having multiple other sources of income and thus stay safe. Just in the same way, as passive income opportunities like sleep-to-earn applications can be used along with active earnings, these blockchain social media platforms are simply a part of the collection of one's income streams.

Using an eclectic mix of platforms, revenue streams, and content can help you become impervious to platform changes or market fluctuations.

Common Mistakes to Avoid

Overlooking Community Engagement

Only constantly interacting with the community is the key to success on these platforms while content broadcasting will not bring you any fame. Content producers who ignore comments, conversations, and even supporters usually find it hard to get a community of followers.

Make sure that you allocate a particular time of the day for genuine community engagement. This will result in more loyalty, promotion by word-of-mouth, and supporter retention which are the returns of this investment.

Inconsistent Content Creation

If you post irregularly your audiences will be confused, and momentum will be diminished. It is much better to have a content calendar that you can keep up long-term and thus have your content come out on schedule.

The quality of your content is most primary but the continuity gives the base for the building of audience habits and expectations.

Underpricing Your Value

Creators frequently underestimate the level of their knowledge and the value of their content, essentially, in the initial stages of their workerc. Besides, there is a fact that while lower competitive pricing is important, too low valuations can kill your development in a double way: they can cause the customers to think that your quality is low and/or create expectations that are difficult to meet in the future.

Find out the rates of comparable creators, identify the one-of-a-kind value you provide, and set the price accordingly. The adjustment to market demand is always an option.

Neglecting Traditional Marketing

The methods of the decentralized Web 3.0 will, in some cases, incline creators and marketers more towards traditional social platforms and basic marketing means than toward blockchain projects. Identification of your work through the network itself is a thing you shall never wait for.

Do not simply rely on the blockchain ecosystem to access your audience, rather, take a marketing approach that involves all your resources.

Ignoring Legal and Tax Considerations

What you make on these platforms may be subject to taxes where you live. Keep the records of all your transactions in order and seek advice from a tax pro who knows the ins and outs of digital assets.

Identify the legality of these platforms in your area and make sure that your participation is in agreement with the rules.

The Future of Social Monetization

Decentralized social media appears to be an option in the future that will allow creators to earn solely through their work and communities. However, to commit direct payments to artists and leave audience control in their hands, the core idea behind blockchain social platforms, will be still open to gradual changes in technology and particular platforms.

Those who jump on these platforms before everyone else will be in a good position when the rest of the users start to see and use the blockchain social experiences. It means that if you start to build your presence and get familiar with these systems, you will be able to take advantage of the adoption when it increases.

The combining of social experiences with financial mechanisms not only opens up creative possibilities for community building but also for content monetization.

Taking Your First Steps

The best way to start with these platforms is to use them as a regular user. Buying small amounts of creators coins or keys will help you to understand the user experience and to see how successful creators design their offerings.

If you are with the platforms, create your profiles and publish your content regularly. At first, concentrate on giving value and on forming the right connections.

While you can use your audience and skills, you still need to learn the peculiarities of blockchain social platforms. The winning combination is both transferable skills and platform-specific knowledge.

Conclusion

DeSo and Friend.Tech are two social monetization models that radically change and simplify the ways through which creators get direct audience relationships and fair compensation for their content and community building efforts. While these platforms introduce new concepts and technologies, the fundamental principles of success still hold true: provide incomparable value, form authentic communities, and interact sincerely with your supporters.

These platforms offer you various opportunities to generate income, but also to have ownership, freedom, and direct relationships with your audience. What if you were a content creator, influencer, educator, or professional wanting to make money through your skills? These platforms provide you with the necessary instruments to build up a profitable digital business.

Take it one step at a time, always be eager to learn, make your customers feel they are getting more than what they pay for, and concentrate on establishing authentic connections. Your achievements in blockchain social platforms will be realized through the same factors as in any other situations: commitment, quality, truthfulness, and regular effort for a prolonged period.

Social media's future is decentralized, artist-centered, and easily monetized. By comprehending and accepting platforms such as DeSo and Friend.Tech now, you are setting yourself ahead of this change, capable of reaping the rewards brought about by the transformation of digital social interaction and content monetization.