Dawn of a new-age Steemit blogging trend beckons on Mangaluru

Rajat Rao
June 17, 2017

Mangaluru, Jun 17: In an age where most social media networks engage its users addictively without remuneration for the time spent, a one year old blockchain and cryptocurrency based social networking site rewards their users to use it. ‘Steemit.com’ encourages it’s users to use its platform and by way of upvotes monetize their writing in the form of Steemit’s own internet currencies; Steem and SBD. These cryptocurrencies are similar to the popular Bitcoin, often known as internet gold.

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Just as how Facebook and Twitter attracts likes, shares and retweets which has restricted reach; Steemit has upvotes and that is accessible to all. The community upvotes each other and this rewards the author (user) for the posts they make. Apart from making this platform free for all to join and use, it also manages to reward every author for every post or comment that is upvoted. The site also has the concept of curation rewards to reward voters for curating good quality content. Moreover, all the articles are categorized under tags making it reader friendly.

In the dawn of this new age social media craze, a team of 15 young and zestful keyboard enthusiasts have come forward from Mangalore to be a part of Steemit following the initiative of pro-blogger Meghan Naik. The rainy Sunday morning of 11 June witnessed the Steemit meet by this group consisting of bikers, photographers and sportspersons as they pledged to start exercising their flair for writing and get paid for it as well.

A briefing on this matter conducted by one of the first Indians on Steemit platform, Meghan Naik, who organized and educated the gathering about Steemit.co. He explained how to use the platform, how the incentives work, tips to make the most of this new technology and use of cryptocurrencies such as Bitcoin in the Indian scenario were disseminated to the gathering.

“I came across this platform a year ago and invested my time, and effort in writing content, building a global community for Steemit, helping many users use of this new platform to their benefit. Unlike the other social media platforms such as Facebook, Instagram or Twitter which makes money off it’s users by way of advertising to them, Steemit rewards it’s users for their attention, effort and engaging on its platform”, Meghan said and added, “Your attention, effort and time is definitely worth a reward and Steemit makes it worthwhile to use it over any other social media platform. Even a dollar earned through participation on Steemit is worth more than zero earned when updating your status on Facebook.”
It is but a blogger’s dream to monetize their blogs at day one and Steemit helps them achieve this instantly with exception engagement with the target audience. As was written in one of Meghan’s blog (www.Steemit.com/@firepower), it is wise to spend more time on Steemit and engage more with users across the world. When you are an established author you could even consider sharing content on Steemit full-time as Meghan Naik currently does!

More technical information: Steemit.com is a platform which provides a unique solution to monetize content. It is a social network which empowers the community to award content it finds valuable. The awards are in the digital currency STEEM, and it’s proportionately allocated based upon weighted upvotes earned from the community. Contrasting Steemit against traditional social media platforms such as Facebook and Twitter, outstanding content will attract likes, reposts and attention on traditional social media platforms, but no monetary reward. However, on Steemit, every like (in the form of an upvote) is a vote to award some digital currency STEEM to the content creator – more upvotes equal a greater allocation of STEEM from the reward pool.

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Shankar
 - 
Sunday, 18 Jun 2017

If it catches on in India, it will become another Quora.

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coastaldigest.com news network
February 12,2025

Mangaluru: Dakshina Kannada MP Captain Brijesh Chowta has urged Chief Minister Siddaramaiah to prioritize increased investments in Mangaluru during the upcoming Global Investors Meet for Coastal Karnataka. He emphasized the region’s immense potential for sustainable industrial growth.

Coastal Karnataka’s Strengths

The MP highlighted Coastal Karnataka’s skilled workforce, premier educational institutions, and strong entrepreneurial ecosystem, making it an ideal destination for industrial expansion.

With its strategic location, excellent port connectivity, and robust infrastructure, the region is particularly suited for industries in R&D, Global Capability Centers (GCCs) - IT and ITES, fintech, renewable energy, marine biotechnology, tourism, and food processing.

Challenges Hindering Growth

Despite these advantages, the MP acknowledged challenges such as youth unemployment, migration of skilled talent, and a lack of large-scale industrial investments. He urged the government to take concrete steps to address these issues.

Proposed Investment Initiatives

To harness the untapped potential of Coastal Karnataka, he requested the CM’s support in:

•    Establishing an IT and startup hub to leverage the region’s large talent pool, boost entrepreneurship, and curb brain drain.

•    Facilitating investments in GCCs and R&D centers, capitalizing on the region’s skilled workforce.

•    Setting up a technological innovation park in Mangaluru to attract investors and institutions.

•    Enhancing New Mangalore Port and developing an integrated coastal economic zone to encourage global trade and manufacturing.

•    Supporting sustainable fisheries, marine research, and ocean-based industries.

•    Encouraging investments in eco-tourism, wellness retreats, and adventure tourism to drive economic growth.

The MP stressed that proactive government intervention in these sectors would significantly boost the region’s economy, attract industries, and create employment opportunities. The proposal is now under consideration.

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News Network
February 6,2025

Mangaluru: A man has reportedly lost ₹13 lakh after falling victim to an online trading scam. The incident began on December 14, 2023, when he received a WhatsApp message adding him to a group named "VIP3 Global Securities Official Stock Community."

The message introduced Ajay Garg as the director and CEO of SMC Group, claiming he was participating in an international stock returns competition and urging members to vote for him. The group also provided stock market investment guidance and encouraged users to open an SMC Global Securities Trading Account to access IPO stocks.

Upon inquiring in the group, the complainant was contacted by an individual claiming to be an international customer service representative at SMC Global Securities. This person, later identified as Vandana Bharti from the Institutional Brokerage, claimed she could secure high-value IPO stock allotments. The complainant was instructed to download the SMC Global Securities Trading App using a specific link, which promised 30 days of free VIP trading advice and stock market insights. He registered on the app using his PAN and mobile number and began applying for IPO stocks.

Initially, the complainant was allotted ₹15,000 worth of IPO stocks from Dam Capital Advisers Limited. The scammers claimed that ₹5,000 was covered by the company, requiring him to pay only ₹10,000, which he transferred on December 25. Soon after, he was allotted ₹1.4 lakh worth of IPO stocks from Anya Polytech & Fertilisers and was pressured to pay immediately. On December 31, he transferred the amount.

The scammers continued assigning higher-value IPO stocks, eventually allotting ₹9.9 lakh worth of stocks from Standard Glass Lining Technology Limited. When the complainant expressed an inability to pay, he was pressured into taking a ₹9 lakh loan via a mobile lending service.

On January 20, he attempted to withdraw ₹1 lakh from the SMC Global Securities Trading App to check if funds could be recovered. The withdrawal was processed successfully the same day, reinforcing his trust in the platform. However, subsequent attempts to withdraw funds were unsuccessful, and the complainant realized he had been defrauded.

Authorities are investigating the incident and cautioning the public to be vigilant against such fraudulent schemes.

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News Network
February 14,2025

Mysuru/Hassan: A wave of sorrow engulfed two families in Karnataka as separate elephant attacks claimed the lives of a young man and an elderly woman on Thursday.

In a heartbreaking incident in Gadde Halla, under the N Begur range of Bandipur Tiger Reserve (BTR) in Sargur taluk, Mysuru district, 23-year-old Avinash, a BSc graduate and son of Huchchanayaka, lost his life in an elephant attack at around 6:30 am.

Avinash had gone to his farmland to water the crops when he encountered a herd of three elephants. Tragically, one of them charged at him, leaving him with no chance to escape, according to forest officials.

BTR Conservator of Forests S Prabhakaran and N Begur RFO Manjunath rushed to the scene. Following an autopsy conducted on-site, the body was handed over to the grieving family. In a gesture of support, Prabhakaran presented a compensation cheque of Rs 15 lakh to Avinash’s relatives.

Villagers expressed deep frustration over the recurring human-animal conflict in the region. They lamented that the Karnataka Power Transmission Corporation Limited (KPTCL) provides electricity only in the early morning hours, making it difficult for farmers to work safely. They urged authorities to ensure power supply during the daytime to mitigate risks.

In another tragic incident, a 62-year-old woman, Dyavamma of Kanaguppe village, met a similar fate in Bellavara village, Belur taluk, Hassan district. She had ventured out in search of her cattle but never returned. Hours later, her family found her lifeless body in a bush near Bellavara, bearing injuries consistent with an elephant attack.

Range Forest Officer B G Yatish visited the site, but locals, enraged by the recurring elephant menace, demanded the presence of the Forest Minister and Deputy Commissioner. District Forest Officer (DFO) Saurabh Kumar and Chief Conservator of Forests (CCF) Yedukondalu arrived and attempted to pacify the agitated crowd, but to no avail.

MLA H K Suresh intervened by contacting Forest Minister Khandre, who assured a meeting before February 28 to address the growing human-wildlife conflict. The situation was finally diffused when Deputy Commissioner C Sathyabhama arrived at 6:30 pm, promising a dedicated meeting involving the Forest Department, Coffee Growers Association, and farmers next week.

With her assurance, the villagers relented, allowing officials to proceed with necessary formalities. The Deputy Commissioner also provided Dyavamma’s family with a Rs 15 lakh compensation cheque.

The incidents highlight the escalating human-wildlife conflict in Karnataka, underscoring the urgent need for sustainable solutions to protect both human lives and wildlife in the region.

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