BCHF December 2023 Report

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10 months ago

SHORT TERM GOALS OF THE BCHF

The purpose of the BCHF is to spread awareness of the Bitcoin Cash project and to ensure that relevant basic information and branding is correct across platforms. The BCHF also tasks themselves with filling gaps in the BCH ecosystem that "someone" needs to do but as of yet does not have an owner.


The following is the SECOND report on the activity of the BCHF and its current status. (The first is HERE.)

NEWS/OUTREACH

While the BCHF was founded over a year ago activities did not really pick up until June of 2023 when we took over the BCH weekly news formerly organized by Satoshi's Angels.

Since June we have posted 24 news reports across multiple platforms and have also created 24 video news reports of the same content.

Coinmarketcap.com launched their "communities" feature earlier in 2023, where projects can post updates and interact with those interested in their coin. Since June the Bitcoin Cash page has almost tripled to nearly 92k followers. News articles posted to the community page get featured on the coins detail page.

One nice side effect of this is that people do not need to dig very deeply to get the most recent BCH news. The news is also often reflected in the Trading View page for BCH as well.

We will continue to post the weekly news regularly.

We have also started outreach to major players in the space to keep them up to date on BCH events, solicit feedback and to inform them about important updates such as the need to update node software before May 15th 2024.

STICKERS

We have made significant progress in the free 'BCH accepted here' sticker program. It is online and free stickers are available to anyone in the world here: https://bitcoincashfoundation.org/store/

NUMBERS

Subscribers or Followers / Views December

FINANCES

The BCHF believes in transparency. All donations will be received with the following 4 BCH addresses.

Why 4? The read.cash wallet is independent to this platform, however the other 3 all go to the same wallet. The only purpose of having 3 addresses is to gauge interest and success of efforts. Feel free to donate to whichever you prefer. They are posted here for the sake of accountability.

All expenses will be accounted for and where ever possible BCH accepting businesses will be given priority over non-BCH accepting ones.

  • General Donations:

    bitcoincash:qqcrytuaavwua8xfqreu2ulc7re6f0aflymaq2hmen

  • Weekly News:

    bitcoincash:qr4gjy9s9upfmhfg8t7fn76cg8ac4ansnymr999047

  • Stickers:

    bitcoincash:qzd6gvnsxvpe4l22sgnuwqzfty5xcx265gvqqqlh06

  • Read.Cash:

    bitcoincash:qzhjzcnx8f9d70vsemvu8q8lssvwz0pc0qf658j283

We also accept CashToken donations at the following address:

  • bitcoincash:zqcrytuaavwua8xfqreu2ulc7re6f0aflyuhn5eaxq (current balance: 0)

To date (December31st 2023) the balances are as follows in BCH and current USD value.

  • News: 3.97786457 BCH 1,076.41 USD (+3.23629734)

  • Stickers: 0.00008888BCH 0.02USD

  • General: 0.00008891 BCH 0.40USD (+0.00140456)

  • Read: 0.29047683 BCH 78.70USD (+0.16830152)

Total: 4.26851919BCH (+3.40459886) $1,155.53 USD (+$908.06)

Publish0x pays in various crypto. At the time the accrued value is significant we will convert them to BCH and add them to the NEWS address.

Current total USD value: $48.22 (+$43.35)

Expenses:

Domains:

  • Bitcoincashfoundation.org

  • thebitcoincash.foundation

  • thebitcoincashfoundation.org June 2022-2024 $67.90

  • greenbitcoin.energy June 2023-24 $7.16

Hosting:

  • Bitcoincashfoundation.org June 2022-2023 $142.56

  • Bitcoincashfoundation.org July 2023- December 2023 $77.28

Twitter Premium

  • June 2023 - June 2024 $72.90

Sticker Shipping

  • $135.97

SUSTAINABILITY

As of this date the above expenses were all donated by C. L. and have not been reimbursed. Also 100% of the above efforts were done by C.L. with donated time. We consider this to be the "bootstrapping" phase. It is unclear if donations will allow current efforts to be expanded or even sustained. It is conceivable that we may need to do a flipstarter to at least ensure current activities continue. In the future we may expand and offer paid services as well. However this bootstrapping phase is mostly about filling gaps and needs we see in the BCH ecosystem. After a few months time we will reevaluate the scope of the BCHF based on the success of the efforts made. No donations have been moved.

ENDORSEMENTS

Most organizations have no protocol for dealing with a decentralized entity.

As a decentralized project, Bitcoin Cash has no singular voice or point of contact nor will it ever. Every individual is welcome to act in their own way to push BCH forward. It is however sometimes useful to have a united voice to increase amplification. Similar to the CHIP process, individuals and organizations that feel the BCHF is doing a good job promoting Bitcoin Cash and providing accurate information can add their own weight behind the BCHF by publicly showing support.

This is a voluntary and opt in action. No financial support is required.

Those that endorse the BCHF are also able to "voice and exit" at any time for any reason by simply asking to be removed from the list.

For better or worse BCH will have some form of spokesperson or people doing outreach. In a vacuum someone will take on that role. There is also no reason why you HAVE to choose the BCHF. If you believe that there is a better alternative we fully recommend you endorse and support them instead.

The following organizations/individuals have publicly supported the efforts of the BCHF to act on their behalf for the purposes of Bitcoin Cash adoption (links are public announcements):

(alphabetical)

If you would like to show your support for the efforts of the BCHF please make a public post on your social media or website and let us know by tagging or emailing us and we will add you to the list.

Feel free to use the following template or create your own:

"We support the Bitcoin Cash Foundation in communication efforts related to BCH ecosystem news and basic outreach. Further, we support the Bitcoin Cash Foundation's efforts to ensure Bitcoin Cash is represented in a manner consistent with ecosystem standards."

If in the future the scope of the BCHF activities expands we will contact every endorsing member and ask if they still want to be included in the list of supporters.

HOW CAN YOU HELP?

If you wish to support the efforts of the BCHF either financially or by public endorsement please feel free to do so by donating below and/or making a public statement of support and letting us know and we will add you to our list.

bitcoincash:qqcrytuaavwua8xfqreu2ulc7re6f0aflymaq2hmen

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Written by
10 months ago

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