1 Month on Read.Cash: What I Gave vs What I Received

Today I'm exactly one month old.

I'm going to compare exactly what I said in my 4 Days Old on Read.Cash: What I Gave vs. What I Received article with what I can say I gave and received up until today.

The article I wrote when I was 4 days old stated some goals, and it also stated some achievements.

Today I'm going to analyze both goals and achievements and check how I'm doing - also letting you know what I've been up to as well.

Let's start by taking a look at what I said in the intro then:

The community is welcoming, there’s nobody here to stab others in the back, everyone is cool and minding their own business… and this says a lot about the community.

Today, I stand by what I said back then.

Not much has changed here, so let's go to the first section.

Section 1: Community Engagement

Here's what I said about community engagement back then:

I Commented Over 50 Times: Got 35 Subscribers and Engaged With the Community

So, in my first 4 days of existence, I commented over 50 times and managed to get 35 subscribers.

I remember I always tried to add value and make myself visible by as many as I could - not only to get some traction going but also because this platform is 2 different things:

• For outsiders, it's like Medium or Vocal, a Content Hub;

• For insiders, it's a social network for writers.

I knew this, and so I tried to participate and become an insider as much as I could.

Section 1: Community Engagement Results - Then and Now!

How do I stand now after 1 whole month?

• Then: Over 50 Comments;

• Now: About 690 Comments;

What about subscribers?

• Then: 35 Subscribers;

• Now: 296 Subscribers

But there's more, the community engagement now is more than just interacting and raising subscriber levels.

I wanted to create even more value, and that's why I started using some of my income to tip:

• Now: I'm the TOP 16th Tipper;

• Now: I founded and funded the Bitcoin Cash Hub Community.

So, on my own, I approach the Top 10 Tippers - but funding the Bitcoin Cash Hub Community set me a bit back on what I allocated for tips this month.

If I keep doing well I'll grow that as I increase my BCH assets and income sources - tomorrow it's the BCHub's first week and I'll have an update coming.

I also did my best to start discussions, create synergies between community members, and even tried to put @Crackers and @Constant1995 to work together even though that didn't pan out. (Constant ask me to ask Crackers, Crackers told me he is wax exclusive for now).

Again, I want to remind everyone that reading and commenting is part of your duties as an upstanding community member, as we can't be a portal full of writers with no readers or engagement.

Engage, or the portal will slow down. Plus, you like to get comments and thumbs up don't you?

Do the same for others.

Again, I'm sure a lot of my subs come from meaningful comments I dropped along the platform.

Section 1: Community Engagement: Bitcoin Cash Hub Work

As everyone knows by now, I founded and funded the Bitcoin Cash Hub (0cd1) Community.

Well, I'm proud to say that so far it has been a success.

The BCHub Community is only 1 week old, and here are some of its achievements so far:

• It motivated 121 Posts: 121 Posts were submitted to Bitcoin Cash Hub

• I READ EVERY SINGLE ONE OF THEM: Kind of feel like Marc in that interview where he said he would spend too much time manually curating the articles on the platform, well I'm doing just a part of the community and already think it's lots of work!

• I Approved 117 Posts: Of the 121 posts, only 4 were Spam and rejected.

• BCHub's Account, the Curator: Tipped Countless Posts, left a small part untipped

• The Community: 134 Members! Not too shabby for 1 week.

What about those tips?

I'm proud to say that the Bitcoin Cash Hub, being 1 week old, is already number 19 on the Top Tippers chart!

I've been doing my best using the community curator to motivate content creators to publish high-quality content on the blockchain we all love, and so far it has been working.

This is a cornerstone of my Section 1: Community Engagement, and I'm very glad it's panning out.

Again, look out for the community's first post tomorrow.

Section 2: Achievements and Income:

So, what did I say back then about my income and achievements here:

I made exactly $31,46 dollars in BCH… but this isn’t USD so we shouldn’t think about it this way, this is Bitcoin Cash so it is even better.

Dividing that income through the 4 days, I made an average of $7.8 per day, which is sweet for a newbie.

Well, you already know by now that I had a huge success in this first month of mine.

To tell you the truth, I wasn't sure at first if this portal was worth the taxing writing quality content daily puts me through - I may make it seem easier than it is, but writing these posts every day takes a lot of work.

In my bio this first month, you could read:

"A Full-Time Blogger, trying to integrate Read.Cash into his workflow."

I was really unsure if I could fit this work of passion into my workflow, and I thought I'd publish maybe once a week.

However, I started being rewarded for my efforts immediately, and my hard work, talent, and the sheer amount of dedication I put into my trade was recognized.

What does this show?

I'm not family with anyone here, I'm not a big shot influencer, I'm just a regular guy who works hard.

This means that if I can do it - YOU can do it!

Put more work into your writing, place more work into engaging with the community - and don't just write... think about what you're writing, research, apply good writing practices, and dedicate yourself to be the best wordsmith you can.

This benefits the BitcoinCash Ecosystem - and its biggest investors - and yourself!

My high effort kind of long daily article was responsible for my results this first month:

• Then: $31.46 in Tips Total, Average of $7.8 Per Day

• Now: $6130 in Tips Total, Average of $197.74 Per Day

This made me see, in record time, that my work was valued here, and that the mental effort I was doing was being well rewarded.

Again, I'm just a regular guy who wants to help build this project, you too can get these results if you add value and you work hard every single day to further our collective goals of empowering humanity.

With these results, I'm sure I'll keep doing everything I've been doing like writing every single day, reading all of the submitted BCHub posts and curating them manually, having both accounts (CryptoMax and BitcoinCashHub) up there with my number 1 tipper @MarcDeMesel , ideally on the 2nd and 3rd position, though this can take a bit of time and creative thinking to increase my BCH revenue (planning on making a WordPress blog powered by Prompt.Cash and selling services for BCH too).

Maybe I should have created BCHub's account as my own referral to get the 3% from all the tipping I do, but I also wanted to help the reward fund so I let them keep the 3% - that's right, the account isn't under me.

I also wrote this in my first post:

This goes to show this project, and the bot fueling most of my income is a system designed to reward quality, perseverance, and hard work.

I worked hard on my posts, I poured my heart out, and crafted the best pieces I could.

High effort, kind of long, articles.

The platform rewarded me nicely for it, and it didn’t care if I was new or not, it cared that I added value.

Well, the bot is no longer my main tipper, but my main tipper didn't care I was new either.

This is still relevant.

The miracle of fair capitalism is that value is rewarded no matter where it comes from.

I believe I am just among the first of many full-time bloggers to switch to Read.Cash, and one day the community tippers will have a bigger role in deciding who gets the size of the pie.

This means the pie is getting bigger and bigger as we speak.

Not only that, BCH will keep on rising in value, which puts Marc and the Bot - the dynamic duo funding the party - in a better position too.

I'm adamant it's just a matter of time until the flood gates really open, and we have our shot at creating the best experience for them with our early work.

Section 3: Sponsoring

Here's what I said back then about Sponsoring:

I found a lot of writers who I connected with, and from all of those comment trips I did I singled out around 38 to sponsor.

In return, I supported their work and I’m getting notoriety from their profiles with my link on them.

Well, let me do a headcount on my sponsoring page real quick...

• Then: I Sponsored 38 Writers

• Now: I Sponsored 69 Writers

So, my daily average was reduced, but I can only find a limited amount of writers worth my sponsorship.

If you're one of these 69, you're among the best 69 writers on this platform, if you think you're one of the best writers on this platform and you aren't sponsored - I'll definitely get to you.

Section 4: Advertising Read.Cash

Here's what I wrote back then about advertising the platform:

I Advertised the Project Like Crazy: Got 4 Referrals So Far

I still keep on trying to onboard people... as you well know it isn't easy, and I want to onboard them the right way.

I'm sure if I'd wag my tips on their face they'd instajoin - but I'm not doing that, that attracts the wrong type of writer.

When onboarding to Read.Cash, you don't want to talk about all the money they get, this only attracts the leeches.

Talk about pioneering new technology, becoming part of select few talented individuals who are getting their spot at the top of the pyramid... getting paid in BCH is just the cream on top of the whole pie.

Then: 4 Referrals - 4 Inactive

Now: 12 Referrals - 9 Inactive, 3 Active

So, I've been able to get 3 active writers, and 9 who were inactive, which is to be expected.

I really want to keep on adding more value, so I'm going to find ways to expand these numbers further.

They also act as an income source for my goals here, which is nice.

Section 5: Getting Sponsored

So, getting sponsored is actually something I'd love to improve as this is a steady source of income I can count on when I'm trying to manage things.

Here's what I wrote back then:

Got sponsored by one person (money pending so if you don't see his photo yet, that's why. It's $0.01.

Well, things have changed, but not dramatically.

Then: 1 Sponsor - $0.01 per month

Now: 16 Sponsors - $2.97 per month

So, on the sponsoring side, my results are really laughable.

My fixed income as a blogger in Read.Cash is $2.97 - this means I need to find ways to reward the sponsors better as they are clearly seeing no benefit in being featured on my page.

Maybe the exposure is too little, or maybe I can spruce up the thing with some system to improve on it.

This is definitely one of the things I'm going to think about during this upcoming month.

Section 6: Spending

This is a section that wasn't present in the first post, but I feel like I must add it here due to the sections above.

You may be tempted to think the numbers above are pure profit.

• Don't be mistaken.

The truth is I invested a lot back and hold the rest.

• I spent about $20 per day on Boosts this month (right back to the reward pool or the website owners? Don't quite know);

• I spent sponsoring obviously;

• I spent funding the BitcoinCashHub Community;

• I spent tipping.

In the future, I plan on increasing my income and spending in a balanced way, so expect to see fluctuations.

Again, I plan to increase my income in the BCH blockchain and I aim to grow, so I hope this will only increase with time.

Final Section: Goals for the Future

I'll keep this simple... here are my goals to the future:

• Become the 2nd Top Tipper under the BitcoinCashHub Account; (obviously not counting the bot, will take some time to surpass Ellie and Roger Ver, but I'll get there)

• Become the 3rd Top Tipper under the CryptoMax Account; (obviously not counting the bot, will take some time to surpass Ellie and Roger Ver, but I'll get there)

• Have a Comment from MarcDeMesel; (So many tips, no comment, feels bad man).

• Reach $500 per Month by means of Sponsorship; (External websites not excluded from my considerations);

• Be Seen as an Authority in Read.Cash; (Not sure how to measure this, maybe official mentions? Have no clue, but I do want to pursue this).

...and for now, I think that is enough.

As I achieve these goals I'll replace them with something better from their own category.

Finally, my wonderful community, know that this is what I had to say today in this first month of life.

I want to thank all of my sponsors, not just the Top 3, so today I'll not include my usual signature - I'll resume it tomorrow.

I want to thank all of my readers - with no readers, I would be writing for no audience, and that would suck - love you guys!

Finally, I want to thank @MarcDeMesel for the tips this month (two tags in one post, but I'll mention you less if you comment "stop bugging me" or something, a comment is an easy goal to fulfill, come on man! Heheh)

Finally, thank you for the blockchain Satoshi Nakamoto and everyone involved with BCH development.

Of course, thanks to Simon and everyone else from @read.cash for the platform.

...and that's all!

CHEERS!!