Do 2 Earn but How? (Can I Make SOL on BULB)

2TSj...cEUn

30 Apr 2024

156

In my last post about Social-Fi I was already a bit hesitant and for a good reason. I just had my doubts and did not see it.
But this time it was different.

But I did not want to make the same mistake as in my Post
𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝘆𝘀𝗽𝗮𝗰𝗲 or 𝔸𝕟𝕠𝕥𝕙𝕖𝕣 𝕊𝕠𝕔𝕚𝕒𝕝-𝔽𝕚 𝔽𝕒𝕚𝕝𝕦𝕣𝕖? where I reviewed Seam.
Last time I might have jumped the gun a bit. But that wall idea was just bringing back too many memories. I really liked the nostalgia, for a week of three and I did not go back since.

What´s D2E?

For a couple of weeks, I have been doing to earn (D2E) on Bulb. Doing is not playing, like I do in Gods Unchained, it´s not earning from reading and writing as I do Publish0X, and it´s not a crazy on-chain mayhem like HIVE is.
It´s writing, reading, and completing tasks.
The more and the more frequently you complete those tasks the more tokens you take home. You don´t have to write, although writing makes you mo money.
But is it worth even looking at Bulb?

This time is different

This Time Is Different, is what I wrote three months ago. Then I thought, no not this time. Let me wait till I know more especially about the token because in the end money makes the world go round.

The fact that the UI is nice, the tasks are doable, and there is some interesting content does not matter if the tokens you make can not be monetized.

The BULB Token

Back then I could not find anything n The BULB Token other than it being an SPL (Solana Program Library) token and it being issued on the Solana blockchain.
No liquidity pool, or way to swap my tokens. Just this FAQ and a Whitepaper
Till this week when I read that there would be a Liquidity Pool available. A way to swap my tokens, with low SOL fees, now we are talking, but the proof is in the dollars.

How Much Did I Make?

That seemed like great news because I had 20K tokens, it just meant I had to move some SOL to my Fantom wallet to pay for the fee. Which was close to nothing, so I did.
I had no idea what my months of work would bring me money-wise.
Unfortunately, it was not all good news this week. Especially if you did not join because with the Liquidity pool there came Pay2Earn.
If you had followed me on Torum or Publish0X you could have joined early and make that 2500 Tokens in no time.

My Effort So Far

You can still do the other tasks or challenges as they are called:
Those tokens earned per challenge seem pretty low, but every week you complete the challenge you add the initial value. Hence the 5X started 5 weeks ago at 30 tokens.
So you have the option to buy 2500 tokens, to start earning or just take a month to do your challenges and earn 2500 tokens before you really start earning.

Show me the Money

Now how much were my 20K Bulb tokens worth?
I made about a dollar per post, as I wrote 20 posts, but published one twice by accident.
And I started 4 months ago:
It makes me a little more than a post on Publish0x and a little less than an average post on HIVE.

That Poo will not do

A dollar per post is not bad, but is badly paid if your posts like mine take over an hour to create. Unless you are a content creator already and you only need to refurbish your posts a bit.
In that case, it is a nice little extra and you never know what a token like this will do when the bulls start bulling.
Hence if you are writing on another platform you might want to check out BULB.
Especially now you can really swap the coins for SOL, I did not check another option. But in your Phantom wallet, you can swap your SOL for ...a lot.
I swapped 8K for $8 worth of Solana, I used 2K to activate my writing..... again.... and I will use the 10K for staking.

Why Staking?

Because I like to gamble a bit, Bulb has been around since 2022, but on the other hand.... the Liquidity might dry up soon. So I will just put those $10 back in and see what will become of it.
That way I do a bit of a 50/50 thing.
Or at least that was the plan, but my stake did not go through. So it might not have been meant to be and I will keep them with me for a bit.

Fails

It´s not the first time a transaction has failed on BULB. My initial 20K claim failed, and as I was unable to find a contact address I thought I was F´ed.
Till I looked a bit beyond, went to their Discord, went to the ask a question section, asked how to raise a ticket, put the transaction in the ticket, waited 36 hours, and had my tokens returned.

When I claimed them again I finally got them in my Phantom wallet. So it is a bit buggy, but then again this whole claiming circus has just gotten started.
The takeaway for me is that there is support, there is a way to monetize, and there is a community. A Community.....

The Community

As you know I am not the biggest people person, and I do prefer quality posts. That is probably why I only follow 8 people on Bulb so far.
There are a couple of good writers on there, most I know already from other platforms. But the rest, Chat GPT posts, Low-Quality Airdrop Shizzels, and other awful formatted rip-offs.
Finding good reads is probably the hardest part, but there are some gems out there.
If you are into airdrops....you have to join as there is an abundance of useful airdrop posts.

Bikini Bottom Line

Overall the money made is better than most platforms where I have only written for 4 months and 21 posts.
The platform's UI is okay, the challenges not too bad, and until the liquidity pool dries up you can monetize your tokens.
The negative, some bugs, and a lot of low-quality posts and peeps just leeching around for the tokens. But maybe, just maybe those leeches will not pay 2000 tokens ($2) to activate the writing feature.

The biggest risk I see is the liquidity, so just make sure to swap your tokens frequently.... maybe that is why staking failed.

Hence, if you are writing, especially if you are writing about crypto, BULB might be a nice second home for your posts.

Swapping those BULB tokens for SOL is super cheap, and SOL might actually have a sunny future.

Thank goodness you made it till the end Pees, Love and I am out of here!