Most of you don't know Chinese, that's why we translate it for our followers We extend our gratitude to the followers of our site. Translate in English 👇😊👇 Sponsorship to push Bitcoin Cash a step further

Sponsorship helps the Bitcoin Cash ecosystem to achieve multiple wins. Unlike collaborative project financing, sponsorship can support the current work, help you invest in Bitcoin Cash, and increase your reputation as a business or investor. If you are ready to join, read.cash can make everyone involved get sponsored.

Bitcoin Cash and the demand for bootstrapping Essentially, the network initiated by Satoshi Nakamoto and continued by Bitcoin Cash is a self-reliant project. Traditional investors have no comparable precedent. High volatility attracts speculators, but they lack faith. The fundamental value of Bitcoin cash from those who believe in peer electronic cash can really bring about change, as ( Justin Bons ) said: " Investment practical resistance." Invest in various forms: including the use of project , business investment , cooperation funds , Humanitarian projects , infrastructure , marketing , online commerce , open source agreements , products , social capital, etc. We must add sponsorship to this list.

Meet the self-development of ongoing work through sponsorship

Similar to General Protocols, some projects build sustainable businesses in their own structure. However, many projects, even key projects, are carried out by volunteers. Although those volunteers are confident in the future of Bitcoin Cash, it is difficult to devote most of their time and resources.

One way to bring various resources together is collaborative fundraising, such as Flipstarter . It provides a fund-raising tool for large-scale projects with larger goals that are difficult for a single investor or enterprise to support. In addition to strengthening the Bitcoin Cash network and investment, donors can earn reputation by supporting quality projects.

Sponsorship provides us with another investment tool. The simplest mechanism is well known: the project is sponsored and the funder gains visibility (via the logo on the project website and/or code repository). Support can be money or labor. This model is very suitable for projects that need continuous support and sponsors that need continuous attention.

Sponsorship as a policy of Bitcoin Cash businesses Enterprises are traditional sponsors. Sponsorship can improve the reliability of the infrastructure they depend on. The sponsorship policy of General Protocols mainly considers two factors:

● The degree of our dependence on the project

● Project funding status

After that, we communicated with these projects to find out their needs and allocate budget objectively based on the above factors. Currently, we promise to sponsor once a month.

Sic Parvis Magna-Accumulate more There is no doubt that General Protocols will expand our sponsorship as revenue grows, but it is only a symbolic amount for the time being. We believe that it is important for the ecosystem to make commitments and take actions, relying on self-development to the next stage. We hope that both new and old investors and companies will participate.

Thanks to the following projects for their efforts to establish a sponsorship mechanism with General Protocols. As a highly practical project, they actively promote the sponsorship mechanism in the Bitcoin Cash ecosystem:

● BCHD / Meep (Adding sponsorship on the website)

● CashScript

● Electron Cash (Sponsorship is being added on the website)

● Spedn

Thanks to Coin Dance's sponsorship system for providing us with inspiration.

Are you an investor or related company in Bitcoin Cash? Please identify the items that you consider the most important and find ways to sponsor them.

Are you working on a project in the Bitcoin Cash ecosystem? Please think about the benefits of getting investors and companies to sponsor projects.

Don't know how to start? Come and experience Read.cash. Everyone can get sponsorship here .