read.cash fund Let me tell you about one little experiment that we're working on. A lot of new authors on read.cash complain that it's pretty hard to get a paid upvote. **And that's true**. We want to try to change that situation. To support our users we created what we call "the read.cash fund". It's not a fund in the traditional sense, but rather a collective initiative where each participant agrees to pay read.cash authors some amount daily. The fund exists only in the…
Can we buy some popularity for read.cash? Here's an interesting side-note about something that occurred to us when we were thinking about the stats of read.cash lately. https://read.cash/@Read.Cash/how-big-is-readcash-in-april-2020-ccfe0e81 Can we just **buy** some popularity for read.cash (and therefore for Bitcoin Cash)? Probably no, unless we have hundreds of millions of USD to spare. brrr, anyone? https://brrr.money/ Here's some fun math: right now about **$41,000**…
How big is read.cash in April 2020 (Note: our previous size estimation was published about 4 months ago) https://read.cash/@Read.Cash/size-estimation-of-readcash-7c0b1859 We're still pretty small, but we're slowly getting bigger. At a snail's pace, but we're getting somewhere. Here's where we stand currently against our competitors: Yep, there we are! About 13000 times smaller than medium.com. Ok, let's zoom in a little bit (about 1000 times): Oh, yeah, there we are. Hello!…
read.cash fund: first payment We have previously announced that we are working on our fund. https://read.cash/@Read.Cash/homepage-and-the-bitcoin-cash-distribution-fund-cc9cd14a#bitcoin-cash-distribution-fund Today we have made our first test payments: Every registered person who has been on read.cash in the last 24 hours (192 people) got their part of 0.5% of the fund, which at the moment is $135.15. That means that each person got paid **$0.0035** (135.15 * 0.005 / 192).…
You can now pledge to the read.cash fund You have probably noticed this thing: Yes, we're continuing the development of our distributed fund. If you have no idea what it is - it is a way to support active users on read.cash with Bitcoin Cash and to invite new people to use Bitcoin Cash (and it is an experiment). You can read more about the fund and how it works here.…
Upvotes and downvotes We're starting one more experiment: upvotes and downvotes. Previously it was only possible to upvote with Bitcoin Cash (so, tip the author). However, there are a few problems with that - first, you need to have some money to encourage the author. Second, there is no way to discourage bad/spammy articles. So, many good articles were left on the sidelines (in the "new" section), because even people who noticed something didn't have the means to upvote the…
Improved layout Just in case you haven't noticed - we have improved the alternative read.cash layout: If you want to use it - just hit this button on the main page:
How to withdraw from read.cash to Bitcoin (BTC) or a local currency (like USD or Naira) One of the questions we still get often is "How to withdraw from read.cash to a local currency, like Euro or US Dollars or to Bitcoin (BTC)" **It is possible to do**, however there is some misunderstanding here. There is no "withdraw" function on read.cash, because we never hold your money. **read.cash is a wallet.** **Your balance is controlled by** ***your*** **browser only**. We can't…
The random rewarder @TheRandomRewarder is the bot built to split the daily payout from our fund. https://read.cash/@Read.Cash/homepage-and-the-bitcoin-cash-distribution-fund-cc9cd14a#bitcoin-cash-distribution-fund You can find the detailed information about it in the "Have I tipped you?" article. https://read.cash/@TheRandomRewarder/have-i-tipped-you-a12541ca
The point system is live We're slowly rolling out the point system. To see your points - just hover over your balance: If you click the (?) button you should see something like this: As noted - this number will change, as day progresses and it won't be too precise today since we don't yet have any history on points and their values. Currently, only signing up, writing articles and comments, visiting read.cash gives you any points. We'll be adding other actions soon. You can…
[Finished] $60 in Bitcoin Cash: sweepstakes ~~We're giving away $60 in Bitcoin Cash.~~ **Finished! 🎉** **The winners are @Telesfor ($50) and @ramonoropeza ($10)** https://old.reddit.com/r/btc/comments/g99gqo/lets_play_sweepstakes_60_in_prizes/? To participate you just need to have a read.cash account and a Reddit account (both are pretty easy to create if you don't yet have one) **Bitcoin Cash blockchain will determine the winner (hash of block #632825)**
The point system: 3 days in **UPDATE: There was a mistake in the original post. Our users collect about 10 times more points than previously stated. See the comment by Cain and our reply for the explanation.** So, the point system has been online for three days and we thought we might share some stats about it. https://read.cash/@Read.Cash/the-point-system-fa56be9b How many points per day do users accumulate: Currently, all of read.cash users collect between 5000 and 10'000…
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