The read.cash web portal, a blogging site powered by bitcoin cash that rewards crypto users for producing content. Most recently, read.cash launched a fund that aims to provide regular blog users with more positive votes by raising funds through a "collective initiative". On June 25, read.cash revealed that the fund has so far raised over $ 100,000.
There is a web portal called read.cash which allows people to finance content creators with Bitcoin Cash ( BCH ) payments . The project brought together a large number of users. On January 29, 2020, nearly $ 6,000 in bitcoin tips were paid to the authors of read.cash in 24 hours.
Two months ago, the author who manages the web portal, Read.Cash, announced the launch of a fund that aims to strengthen incentives for the blogging site.
"Let me tell you about a little experience we are working on. Many new authors on read.cash complain that it is quite difficult to get a positive vote. And that's true. We want to try to change this situation, ”he wrote. The owner of read.cash further stated:
To support our users, we have created what we call "the read.cash fund" - This is not a fund in the traditional sense, but rather a collective initiative where each participant agrees to pay the authors of read.cash a daily fee. certain amount. The fund only exists in donor browsers (we do not hold donor money, their browsers do). Since they always control their money, they can cancel their engagement at any time. This also means that payments are only made when donors log in
The fund had originally raised $ 3,658 in BCH , and on June 25, 2020, the owner of read.cash announced that the fund had surpassed $ 100,000 thanks to a donor. "Our most generous donor, Marc DeMesel, has decided to increase his commitment to the read.cash fund to a total of $ 97,000, bringing our fund to $ 100,000," said the administrator of read.cash. .
DeMesel's donation gives the read.cash fund a total of $ 100,658 to date, according to the author of the article. Since the launch of read.cash, the blogging platform has changed its look and has also added a number of new features.
Signing up to read.cash is pretty intuitive and takes only a few minutes to get started. All a person has to do is sign up, accept the welcome message, and get the 12-word starting phrase for the read.cash native bitcoin money wallet.
An author of read.cash was extremely satisfied with the DeMesel donation and the remaining members of the community Bitcoin Cash who have donated to the fund.
“I consider these funds as a small bonus for my crypto blogging efforts. Which could increase as the quality and readership of my content increases. As it becomes more readable and useful, ”wrote author Cryptotexty.
“Read.cash [is] an interesting system when the fund distributes points every day, so you can not only get direct monetary increases for your articles, but also funds for reading, comments, etc. , which are distributed daily, ”concluded the author.
Read.Cash Is such an Amazing platform to be part of