I see a lot of questions regarding the points and with why the equivalent is low so I wanted to give light to the stats section of the website and hope that it helps people understand it and the site better. But this is entirely based on how I see and interpret it.
So right now we are at 8,933 users in the site. A big achievement, yes! but there's more to that.
Of the number of users, 125 of those were just from yesterday and it will continue to increase since as I write this, there are 11 new members that just signed up recently. Why am I talking about this? Well we all speculate that the funds distributed and points given decrease because of the increasing number of members. Well that's partly true. True in a sense that it affects the points to bch (in dollar equivalent) exchange the uses
As of yesterday, the average point price was at 0.0025, so that 1 point you earn is equivalent to 0.0025 worth of bch in dollars. and that 0.0025 funds a regular 755 user daily by points accumulated. (This answers why the conversion of the points got so low now. Because look at that decline, my friends. The drop was is so big)
Wherein 528 people in that total users are the newcomers that have accounts less than a month old. As seen below. These are the users that seem to receive the majority of the daily spending funds too
But where does that equivalent come from? Based on my speculation, I can only believe that it's determined by the number of users daily, vs. The daily spend limit of 137usd vs. the average points given by the random rewarder. I'm really not sure as to what determines the amount of point one gets here but to my observation, I can see that elongated discussions, tips and upvotes from power users is the most known ways to get them. Other speculations are the quality of your posts and of your previous posts as well as the interactions those have. But then I questioned the part of posts because a lot of us posts so many articles per day but still get no points. So could you say that they were bad articles or does the random rewarder circulate among users?
If the later speculation was the case, then shouldn't the points have increased since the amount of quality articles have increased and so has the amount of comments received on the daily basis also increased? ( I'm not sure about short posts though but these also affect the comment count in a much larger sense than full articles since a lot of users really make use of this feature. ) But then as we can see, the points given per day is at a stable trend, if anything, it seemed to have increased in the past 2 days
In the last 2 days, the points distributed was around 55,000. And This apparently does not have a minimum nor maximum, it just shows a trend and I'm sure will increase with the increase of new members too.
To conclude my thoughts. I think there should be other ways for the site to gain funds like in consented selling of user content and those microtasks that @ralak has started to do, just as a means of not being overly reliant on the funds and the sponsors (because a delay in payment also causes a commotion somehow), and hopefully to raise the daily spending limit with the increase of the number of users
As the number of users increase geometrically, @read.cash needs to explore other means of getting revenue apart from depending on sponsors.