A cryptocurrency locker provides a medium for you to earn cryptocurrencies such as Bitcoin for digital content you put online. Bitcoin’s technical details can be a bit challenging to understand, however, a good locker provider allows you to setup your Bitcoin locker with minimal effort. Don’t let a lack of technical knowledge about Bitcoin stop you from getting set up, as the locker does not require this.
Unfortunately, a lot of people have valuable content and don’t get to collect a dime for it, as they decide to upload it on social media for “likes.” The locker allows you to avoid this mistake as it requires visitors to pay the required amount of cryptocurrency, before any content can be accessed.
MinerLock is an example of a known cryptocurrency locker, and it allows for protection of your links, applications, files, etc., by web publishers and authors. When your content earns cryptocurrency for you, the platform sends the earnings to your electronic wallet.
There’s no need to worry about file size limits as you can upload and earn from files of up to 200 MB. If necessary, the platform allows you to split large files for ease of downloading. Note that the value placed on the files for download can be quoted in USD, or it can be quoted in cryptocurrency. Of course, the latter means the value depends on how your currency is doing in the market.
Below is a brief overview of how the process works:
- Content creators upload digital content to the lockers, and they associate a value
- Publishers offer link promotion to drive traffic
- Buyers purchase content, and both publishers and both publishers and creators are paid from the transaction
The MinerLock setup is just as simple as the process, which means you can get your account up and running in no time.