JustOneThing - Just How Viable Is Listnerds?
Daily Prompt: "Viable"
In early January 2022 Listnerds.com was re-launched as a "the world's first blockchain-based mailer."
(For those not in the know, a "mailer" or "safelist" is a program that allows you to promote your offers to the safelist membership list without getting accused of spamming.)
As I had a longstanding "lifetime Premium" membership of the first version of Listnerds I was quite happy to try out the new blockchain-based version and earn myself some of the new LISTNERDS second-tier tokens on the Hive blockchain.
Since the launch value of the token was 2 Hive a pop I assumed that it would not be so easy to earn LISTNERDS at my rate of activity. So I set myself a target of "200 tokens" by the end of 2022!
Boy, was I wrong about that - in a good way! By 3rd April I had already more than DOUBLED my yearly target!
Here's what I wrote in early April 2022:
I think everybody who has been using Listnerds to publicize their content or promote their offers has been surprised and delighted by the rate at which they’ve been getting those LISTNERDS rewards.
My progress has been quite modest compared to those such as @jimmy.adames who have gone full Enterprise beast mode and post on Listnerds every single day and now have several thousand tokens to their names.
Source: https://ctptalk.com/@hirohurl/my-crypto-accumulation-progress-report-march-2022
Inspired By TaskMaster on CryptoManiacs
Around that time I listened to a CryptoManiacs podcast hosted by @jongolson and @taskmaster4450 in which TaskMaster talked about how viable it would be for Listnerds members who use the platform to its full potential to create a fulltime replacement income from their efforts.
That got me thinking!
I spent the rest of April happily working with Listnerds at the Premium membership level - heck, I'd got more than my lifetime subscription back from my Listnerd activities YEARS AGO, so sitting on a Premium level subscription on the new Listnerds was like free money in the bank! Zero out-of pocket investment was yielding me several hundred LISTNERDS tokens a month... So why rock the boat?
However, I could also see how much MORE the fast movers such as @jimmy.adames who had upgraded to "Enterprise" were earning. So I spent April going over the figures and my options again and again.
Then, at the beginning of May, I opted to go all in with an Enterprise upgrade, AND committed to blogging on Peakd every single day and promoting my blog posts on Listnerds.
The figures went something like this:
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If I upgrade to Enterprise, my investment will go up from $0 per month to $97 per month...
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On the other hand, I'll get a free monthly solo email. If I use it on the first day, at current reward rates, I will earn my subscription back AND MORE in LISTNERD tokens alone (at their current value).
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In addition, I'll earn more credits per click, so I can send more solo ads per month. My target is one solo ad per week as well as the free solo ad that comes with the subscription.
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5 x solo ads, each generating around 100 LISTNERDS = 500 tokens per month (at current earning rates).
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Also, an Enterprise account allows you to post two mails per day. That gives me a lot more exposure than on the Premium account and means more opportunities to get my mails verified.
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Since my mails will reach more subscribers, my chances of getting them "verified" will increase, earning me more LISTNERDS every week, or even every day if I get good at giving the active subscribers content they are happy to upvote.
Let's say I get one of my mails verified each day, and the average yield is 100 LISTNERDS. That brings in 3,000 LISTNERDS per month!
(NOTE: This figure depends on how many Listnerds are released and how many members qualify for that day's payout. This is not financial advice, just me pontificating about hypothetical situations...)
How do you get your mails verified?
You need to get a surplus of 20< upvotes. You can make it easier for yourself by providing the Listnerds membership with content that they are interested in checking out.
This is what is unique about Listnerds. People will upvote you (for the most part) if you put in the graft and create unique and compelling content every single day.
Shock Announcement! You Have To Put Some Skin In The Game
If you commit to being an Enterprise member you have a very good chance of getting one or two of your daily emails "verified" by the Listnerds members, and that guarantees you a share of that day's LISTNERD tokens.
Here's some simple earning projections to give you a rough idea of what's on offer if you send one solo ad per week and get one mail verified per day:
3,000 + 500 (from the solo mails) = 3,500 LISTNERDS per month.
If LISTNERDS = 2 Hive = 7,000 Hive per month...
If LISTNERDS = 1.5 Hive = 5,250 Hive per month...
If LISTNERDS = 1 Hive = 3,500 Hive per month...
The BIG question:
"Just how viable is Listnerds as a vehicle for financial independence?"
If we are talking about LISTNERDS tokens, then the question seems to hinge on two things:
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The value of LISTNERDS in HIVE...
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The value of HIVE in your local currency...
(Oh, and 3. how much you'll get taxed for cashing out your crypto...)
If LISTNERDS drop in value to just one Hive and Hive crashes to $0.10 then you probably shouldn't cash out! LOL! But if you do, you'd still get around $350, which can make a big difference to a family on a tight budget.
But that is something like the worst-case scenario. Over the longer term I expect Hive to rise in value and LISTNERDS to hold its value above 1 HIVE.
We Are Early In This Game: Don't Be In A Hurry To Cash Out
Also I think it is more important to set long term goals and keep on increasing your stockpile of staked LISTNERDS to increase your daily earning rate.
We are very early in this game, and I think it is more important to grow a substantial war-chest of tokens than to cash out at the first opportunity.
There will only ever be 20,000,000 LISTNERD tokens, so why not aim to own as large a chunk of that total as possible, like 1,00,000 or 2,00,000 tokens and then think about viability.
My personal goal is to accumulate 10,000 LISTNERDS before I start to unstake and sell off any tokens.
When I do start to unstake tokens each day, I will make sure the amount I unstake is no more than 50% of the daily token earnings so that I can continue to grow my holdings in LISTNERDS while also using a portion of them to grow my other tokens or to cash out and enjoy life with!
Listnerds As An Affiliate Marketing Program
One final thought on the viability of LISTNERDS - I think it is also up to us to bring in more Listnerds subscribers and to build our membership base with a new generation of members who are keen to create content on the Hive blockchain and to promote it on Listnerds.
To do that they will need to join us in accumulating LISTNERDS tokens, and that in turn will drive up demand for those tokens... and you know what increasing demand affects, don't you!
In addition, the more active Listnerds members you refer, the more you will earn in commissions on the affiliate marketing side of Listnerds. That will increase the viability of the program, and of our dreams to become financially independent through Listnerds.
So, do I think Listnerds is viable as a machine for achieving financial independence?
Yes! Especially when you use it to promote your own unique content on the Hive blockchain. So get creating, publishing and Listnerding to make Listnerds.com a viable path to financial independence for you and your family.
This is the future.
Embrace it while it's still new!
Cheers!
David Hurley
