My Backup Plan Once Read.cash is Gone
I read a lot of articles this month regarding their plans once read.cash isn't running anymore. At first, I thought that they think negative about this platform until I realize that there's a possibility that it might happen since the fund of this platform is depleting as time goes by. 2 years ago, I was astounded by the huge amount of fund of read.cash since you can see it at the top of site, I really thought before that it will increase as time goes by but I'm wrong. Of course the supporter and sponsor of this platform isn't at the of the world all the time specially now that the market is crashing that's why crpyto holders and sponsors need to HODL their assets temporarily until the market is pumping again but this time it might be impossible since the market is still on red.
According to other users here, the fund of read.cash might drain more than 2 years from now, it might sound long time but time goes so fast and we have no proper tool to exactly distuigish the time where the fund will totally distributed. Unlike before that the value of BCH is so high that the fund is decrease slowly but now it rapidly decrease due to low value of BCH, imagine that there's a hundreds of users publishing their articles everyday then we will estimate that every user will gain $4 for their articles then it will drain the fund rapidly. I am not saying that we shouldn't publish an article since it's one of our source of income but we should be worry about it.
Other user said that the fund will get drain maybe less than 2 years if the value of BCH keep pumping, we have no control on market that's why we can't predict when it will turns to green again however for the meantime we should prepare some back up plan to address the issue regarding the end of read.cash. One of those back up plans should be related to crpytoverse. There are lots of other blogging platforms that you can try, there's a publishox, HIVE, and you can also apply as a freelancer since you already have a background on writing.
Another thing is exploring the cryptoverse, I know that it's risky right now to invest on new tokens that was released and stake our hard earn money on buying more assets but we should choose those projects that had potential, of course we should always do a research so that we have knowledge about the project we are interested with. Another plan you can choose is get a job in real world, it's better that we have a real job since it might serve as a source of income once our freelance job in virtual world is gone.
As for me I'm still studying that's why looking for a job isn't my priority right now. Im not into freelancing since I admit that even if I'm writing here for more than a year but still I'm a newbie and my publish articles are all nonsense. The only way I saw as my back up plan is to explore more of SmartBCH Network, honestly it's the project I trust the most though there are projects which is scam and full of rugpull but still I trust SmartBCH. I bought tokens before but I sold them all in exchange of buying JOY token and buying some NFTs.
I told you already about joystick.club, it's a game on that support SmartBCH and it had lots of games to play. It's one of my source of income other than read.cash, I enjoyed playing and also earning JOY token on Joystick.club. It needs investment specially joybot NFT which you need to mint for 500 JOY for a chance to get a rare bot but if you are aiming to use joybot as an access to the game then you can buy it on Oasis.cash which I done yesterday since my sister also want to play and earn.
Those are my backup plan once read.cash isn't in operation anymore, it's better to come prepare rather than waiting for the moments that it's already end, however I'm still hoping that read.cash will last forever specially that there are lots of users depending on it. I think the only solution to make read.cash last is making the market pump again, for that reason the value of BCH will increase along with the value of funds.
Mehehe may back up plan na rin me. Una yung paglipad ko sa ibang planeta mehehe sana talaga ibigay na sakin yung chance na yn 😁