Massive Drop in Read.cash Fund

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4 years ago

My attention just went to the top of the read.cash page and to my surprise I noticed a massive reduction in the fund.

What!!

The last time I noticed it was more than $100,000 but now its just a little over $3500.

More than 70% reduction, what happened?

I had to check the stat area and noticed that our top donor @MarcDeMesel has taken out a big chunk of his pledge.

Can he do that?

Yes he can. He has control of his pledge.

The fund exists only in the browsers of donors (we are not holding donors money, their browsers do). Since they always control their money, they can cancel their pledge at any time.

What could have led to that?

Whatever the reason be, I believe its a genuine one. I might be new here, but it goes unnoticed that @MarcDeMesel has been helpful to the growth of this platform.

He upvoted a user's article with about $100 yesterday. Though I am not the one, I was just happy for the user. I really appreciated his philanthropic gesture.

Though he still has pledge, its nothing compared to then.

What does that mean for us?

Will it affect our earning?

Only time will tell.

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Comments

Mr. @kli4d

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4 years ago

What's that?

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4 years ago

Oh @kli4d posted about the decrease in funds and wondering what's the reason that's why i mentioned him.

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4 years ago

Okay

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4 years ago

Ano kayang reason nya para bawiin yung ganung kalaking pera? :(( Parang sya pala yung puso ng read.cash

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4 years ago

Oo sya yung biggest donor eh. Sana mabalik din

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4 years ago

I'm also surprised to see the read.cash fund. 😰

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4 years ago

Its back

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4 years ago

100$ upvote? That's a wow....we really need his pledge

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4 years ago

I have also seen $1000 upvote from him, if I am not mistaken

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4 years ago

I'm dead 😐

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4 years ago

Dead?

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4 years ago

I pray I see that kind of philanthropist

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4 years ago

Keep writing good articles, who knows

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4 years ago

100$ upvote from @MarcDeMesel , Wow The person is really a lucky one who got 100$ from @MarcDeMesel. I hope one day ,I will be able to get upvote like this from Him.

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4 years ago

Yes. It was a good article. If you keep writing good quality articles, someday someone might surprise you

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4 years ago

😍😍😍

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4 years ago

It's fund again up..

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4 years ago

Yes.

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4 years ago

The purpose or goal of this platform is to have quality articles by writers and for readers.. If users continue to spam the platform, donors will find no reason to continue to support readcash.

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4 years ago

You are right. The fund has returned to what it was. Who knows what really happened

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4 years ago