Do you enjoy sharing your photos online, but sometimes wish all those likes could actually earn you money? Then Relica, a Bitcoin SV (BSV) web app, offered a new way to generate real income by sharing images with a large audience on social media, without advertising products or looking for sponsors.
Services such as the Relica web app first became possible with Bitcoin SV. One of its strengths is its extremely low transaction fees, usually only 1/1000 of a cent. Its ability to process thousands of inexpensive, fast micropayments created interesting opportunities for social media.
Relica's system works by earning you a few cents for each like or follower. If you have a large following, your balance can eventually add up, so once your audience is big enough, you can use Relica as a source of extra income—and perhaps one day even earn a decent salary from it.
Another benefit of the system is that you retain full ownership of and rights to every image you create and post. If someone ever 'steals' your work, you can prove that it belonged to you thanks to Bitcoin blockchain technology: the act of sharing it is permanently recorded as a transaction on the blockchain. You can view it by clicking the timestamp below your name on the image you posted.
Unlike some other image-sharing apps, Relica works just as well on a phone as it does on a desktop computer. It is geared more toward mobile users, but having both options is useful, especially if you use a desktop app to edit your photos.
How Relica Works
The first time you visit Relica.world in your browser, you will see the familiar 'Sign Up / Log In' page. Click it and you will be given two options: 'Log in with wallet' or 'Sign up.'
To use the Relica app, you need a Bitcoin SV wallet. HandCash or a Money Button wallet will work for this purpose (more wallets were expected to be added later). 'Log in with wallet' displays the Money Button or HandCash swiper, while 'Create an account' gives you a button that takes you to the Money Button or HandCash home page to create a wallet. Be sure to authorize your wallet to connect to the Relica web app.
Once you have logged in to Relica, you do not have to swipe again as long as you remain logged in to your Money Button or HandCash wallet.
Note:
You can fund a HandCash wallet only by credit card, and the minimum amount is 60 euros.
A better option is to first make sure you have a (Bitcoin SV) Money Button wallet with a small amount of money in it. Deposit a small amount, such as 10 euros, from your bank account with an exchange you are comfortable using—for example, Bitcoin Meester—and use it to buy Bitcoin SV (BSV). Then transfer that BSV to your Money Button wallet.
Once your HandCash or Money Button wallet contains funds, Relica will ask for permission to charge up to 2,5 euros when you post your first photo. Relica requests this permission automatically in a pop-up. It can therefore never withdraw more than 2,5 euros from your wallet, even if the wallet contains much more.
If you are not yet familiar with Bitcoin, this may be an interesting opportunity to try it. Verification at Bitcoin Meester is strict, but at least it is secure, and you will immediately have your first approved cryptocurrency account.
From that point on, Relica's interface is fairly intuitive. If you are already familiar with Instagram, it should not be difficult to understand how everything works. If you regret a post, you can always set it to 'hide.'
The 'hamburger' menu button at the top right of the home screen provides a referral link you can use to invite others. If they sign up too, you receive an additional 50% of Relica's share of their earnings.
There is also a switch for enabling one-click payments. This lets you like or comment on a post without seeing the Money Button swiper every time. If you want to see how much each action costs, however, it may be better to leave this feature disabled at first.
For clarity, this is what it cost to use Relica and what you could earn:
- Photo post: 1 cent
- Follow someone: 10 cents (the user receives 8 cents)
- Like a post: 3 cents (the poster receives 2 cents)
- Add a post to your favorites: 3 cents (the poster receives 2 cents)
- Comment on a post: 2 cents (the poster receives 1 cent)
Although this was an entirely new approach to posting photos on social media, it appeared to offer a much fairer way to earn money from an account than had previously been possible.
This article was translated and published with permission from the editorial team at CoinGeek.com.
