Websites That Pay Users With Blockchain Aim to Disrupt Facebook

  • ‘Financial internet’ growing as game players make digital cash
  • Blockchain used by more than 1,000 new web-based projects
Benny Giang, co-founder of CryptoKitties, discusses the blockchain-based game, Ethereum and the mobile gaming market.(Source: Bloomberg)
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David Kadavy used to post on Facebook without expecting to get paid. Then blockchain came along.

After stumbling onto a new corner of the internet based on the digital-ledger technology, Kadavy said he gets paid to post his blog and podcast on Steemit, a website whose text are saved on a blockchain. The site has its own digital currencies, the best-known of which is called Steem, and pays people such as Kadavy who post and comment on the site. Kadavy, a 38-year-old American writer living in Colombia, said he made about $2,000 in January.