Snip News: Review of This Site That Pays in Either Ethereum or Us Dollars
What Is Snip
Snip is a news website, well more like a news aggregator that has writers. Writers on the site find news stories that they write in their own words and then publish it to the site. Think if it as a website like Digital Journal, Inquisitr, Huffington Post and sites like that.
Like many other websites, Snip allows its writers to make money. Unlike other news websites, writers on Snip focus on short news summaries, rather than full-feature/length articles.
Payment Options: Ethereum & US Dollars
At the time of this writing, Snip news offers two payment options. They pay in either Ethereum or US Dollars. If you want to be paid in Ethereum, then you need to provide the site with your ETH address. If you want US Dollars, then you want to provide them with your PayPal email because they only pay via PayPal for US Dollars.
Snip does have their own cryptocurrency called Snip Coin (SNP). I suspect that sooner or later they'll offer this as a payment option too. As of now, I don't see it offered as a way to get paid.
There's actually a lot of things I like about Snip news, one being that they are legit. They pay on Tuesdays, if you've made the minimum of $5, if you choose to get paid in US Dollars. Not sure what the minimum amount is to be paid in ETH. It's extremely easy to publish content on Snip news and finding stories to write is easy because they have a section of current stories that you can choose to write. In short, some of the best things about Snip include:
- It's legit
- They do pay
- Easy to publish articles
There's other stuff I like about Snip, but those are the top.
There's really only three main cons, with one being there is no guarantee writers will make money writing on Snip. You can write hundreds of articles and not make anything. It's actually not clear how people earn money. Sure, Snip mentions how people can be rewarded via tips and revenues from the site is shared and what not, but there's no ads on the site. One has to wonder where does the money come from to pay writers?
There's no way to tell how many people have engaged with your articles, such as views. You can tell when someone has commented on your article, but it'd be nice to know how many views one has gotten.
To sum up the above, the main cons are:
- No guarantee you'll make money
- Not clear how funds are generated in order for people to make money
- No way of telling how many people viewed your articles
I don't think those are enough to discourage someone from giving the site a try.
My Opinion & Observations
I actually like Snip news, but I have a few concerns. For starters:
1. More writers means less money for everyone. There's noway a site can have hundreds and hundreds of writers and pay them regularly, unless the site is bringing in an insane amount of revenue. Revenue sharing sites have always had the issue of not bringing in enough to pay all of its writers a decent amount that will make them stick around.
2. The leader-board on Snip is a bit suspicious. For the most part, it's always the same writers on it daily and weekly. I suspect these writers are favorites and jumped aboard in the early days of Snip.
3. News doesn't seem to be up to date on the site, or at least the desktop version. For example, if you go to Snip news from your desktop, you'll likely find a few recent stories in any given category, but then you'll come across days old articles. The first few articles on the top tend to be the most recent and then it just.
It just seems there should be far more recent articles at the top of reach category than what there currently are; If that makes sense.
Final Note: Is Snip A Scam
No it is not a scam. They do and have paid.
All I can say is give Snip news a try. Write for them for a few weeks. If you're not happy with what you're earning, if you earn anything, then don't write for them. If you're happy with what you're making, then stick with them.
I can't really say Snip is a bad site, but I can't say it's one of the best places to write for. All I can say is give it a try for yourself, and then you can decide if you should stick with it.