How big is read.cash in April 2020

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4 years ago
Topics: read.cash

(Note: our previous size estimation was published about 4 months ago)

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!

This chart shows everything in relation to read.cash (so, read.cash is exactly one in size, and five means that something is five times bigger than read.cash)

So, read.cash has passed honest.cash in relative size and is approaching coil.com (yes, I didn't know that site exists either).

Why isn't memo.cash here? Tricky question. We're measuring how big something is by looking at its relative presence in Google.

So, for example, if read.cash has 700 pages that mention the word "city" in Google and honest.cash has only 350 - we can reason that read.cash is about 2 times bigger than honest.cash.

It's a bit more complex than that - we're measuring a lot of words and then averaging them out (there are 20 random words like "area", "bitcoin", "challenge", "city", "comment", "eat")

However, it seems that Google doesn't like memo.cash at all:

It's hard for me to imagine that read.cash is 13 times bigger than memo.cash, especially since other rating show not that big of a difference.

For example, the Majestic Million ranks read.cash currently as site #287,137 on the Internet and memo.cash as #360,279.

If memo.cash was 15 times smaller, it wouldn't even be in Majestic Million.

As you can see, honest.cash is ranked #443,161, so it means that memo.cash is probably smaller than read.cash, but bigger than honest.cash, but the difference is not as dramatic as 15 times.

Why is it like that? The explanation is probably in the fact that memo.cash has very little text and Google likes long texts (unless, of course, you're as big as Twitter).

Are we growing? Yes, and no, and maybe.

Something is growing. We're seeing probably 10-20 new sign ups daily, we're seeing 20-30 new articles per day.

Anyone who has written at least one article is considered an author here. The chart duration is about 6 months.

The total number of tips is growing, but it has slowed down considerably from the peak of the Infrastructure Fund Proposal discussion.

Here, presented as daily tips given:

So, unlike the pandemic we're not growing exponentially, which is sad.

But we're far from giving up.

Actually, since we couldn't really be actively developing and promoting read.cash in the last 4 weeks - that was also an interesting experiment - is read.cash capable of growing on its own?

The answer is, sadly, no, at least not now.

So, we need to put a lot more effort into promoting read.cash and that we'll do.

Still, the number of daily visitors is pretty impressive (between 1000 and 2000 visitors daily with some peaks up to 20,000 visitors)

Sidenote: Can we buy some popularity for read.cash?

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4 years ago
Topics: read.cash

Comments

I am here to put wheels on adoption. The question I have at this moment is: "Approximately how many new authors can Read.Cash accept ->each day<- at this time ? "

$ 0.00
4 years ago

I've never known that a reasonable project like read.cash is existing while wasting my time, resources and energy on rubbish websites for many years. Read.cash is a very laudable project!

$ 0.00
4 years ago

Glad to see forward progress! The platform gains every day.

$ 0.00
User's avatar M.Rosenquist
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4 years ago

Thanks for sharing stats on read.cash. I am exploring various crypto platforms and this really helps me in analyzing the platform and whats in it in the future. I really like read.cash and would love to see it grow. Would love to be part of the growth story along with it as a successful user!

$ 0.00
4 years ago

I'm excited about read.cash. I left Steemit because of the UX and a few other reasons. I think read.cash could really take off. Looking forward to writing (and reading) more articles and contributing to its growth.

$ 0.25
4 years ago

I'm wondering why is Medium so popular and how do they and their users make money? I've posted on Medium but there's so much content no one would find my article unless I market it myself. Also, by posting on Medium I really have no chance of making any money. Their front page is also not super amazing or anything. I guess I don't have a real point here, just a question. How did Medium get so big?

$ 0.10
4 years ago

Well, it's 8 years old, born in 2012, that helps. It was founded by Evan Williams, Twitter co-founder and former CEO, so I guess it enjoyed unlimited support from Twitter :)

Medium allows you to ask for a chance to go to the personalized "front page" of the user. My articles never did. Medium allows users to only read 3 such articles per month, at which point you need to pay $5/month for the membership "with authors being paid a flat amount per article" (Wikipedia).. IDK what that amount is. Seems like you could make a few hundred USD per article (Source)

$ 0.10
4 years ago

I prefer the read.cash model. Just need to get more BCH adoption. Even when I only get one cent for an article, I'm thankful. Imagine if thousands of people gave me a penny each, that'd be awesome.

$ 0.00
4 years ago

Just need to get more BCH adoption

Yep, that's the big problem that occupies our minds day to day.

$ 0.10
4 years ago

Thanks for the statistics. You cannot compare Memo with read.cash, just as Twitter is not comparable with Medium. Memo is short message service. If prices will rise and the interest in krypto increases again, the number of tips will also increase (I admit I have also neglected read.cash a bit lately)

$ 0.00
4 years ago