How to grow the Bitcoin Cash ecosystem: our vision

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Avatar for Read.Cash
3 years ago

Bitcoin Cash has taken a dive recently from $280 per 1 BCH when we started to $208 right about now. Yet still there's $3.7 billion market cap in Bitcoin Cash. That's:


How much of that is needed to support the projects on Bitcoin Cash? Do you think that could be better off if it was earning $10'000/month? That's not much - that's barely 0.0001% of the market cap.

If you don't know what LazyFox is - it's a project by Tobias B from Berlin, where you can give tasks to users and pay in BCH. You can read more in Jamie Redman's article (you can probably find Jamie's article about everything that's related to Bitcoin Cash).

Tobias lives in Berlin, which means that he could be making €72'582 per year in IT. That's $80'000 per year = $6'000/month. He could be making that money from LazyFox, but he doesn't (at least from the looks of it).

Yet, just one this project could be giving work to (potentially) millions of people, earning BCH and spending BCH later, giving an ecosystem a huge boost, increasing the overall valuation of BCH to maybe $37 billions.

Alas, the project seems to struggle:

That's not a lot of activity there, LazyFox...

So, how is it even possible that there's $3.7 billion market cap, but some BCH projects struggle? Of course it's not like there's really nearly 4 billion US dollars in available money, it's much less, but even if it's 10 times less - still - it's a lot and the percentage to keep LazyFox in business would be pretty small.

I don't know Tobias, but it's easy to predict what's going to happen. He is going to lose interest in the project, abandon it and find a "real" job outside of cryptocurrencies (probably, he even has one), whereas he could have been devoting time to develop the project, give work to millions and be earning millions, maybe...

It's just an example. Here's another.

Flowee the Hub by Tom Zander is an amazing project - it's a full Bitcoin Cash node that can index the whole blockchain in mere hours! Whereas the competing nodes take days (or weeks?) to do the same thing, and Tom Zander is unstoppable - he's developing Flowee.js to allow websites to interact with the node, kind of like what bitbox does.

So, is Flowee the Hub wildly successful? I don't know where Tom Zander lives, but surname Zander suggests Germany, though his blog suggests maybe China... So, we're talking again about something like $6'000/month for an IT specialist.

Let's peek at Flowee's finances - it's probably a goldmine! The donation address listed as bitcoincash:qpgn5ka4jptc98a9ftycvujxx33e79nxuqlz5mvxns, so it's easy to peek:

So, during the period of 2 years, Flowee's author has collected a whopping $3'248... so, like $147/month. That's maximum. That's if Tom didn't send $10 somewhere, bringing rest of that money back as a change (which would be included in "total received", making real "received" two times less).

That's way below the poverty line in Germany.

Of course, I'm sure Tom's not hungry and has a job, but at the same time he's probably not devoting as much time to Flowee as he could be.

What can we do

According to our definition - both Tom and Tobias are "creators", even if they don't create articles or videos. They do something better - they create software that creates huge opportunities for the whole ecosystem to grow. Each piece of software for Bitcoin Cash, each article, each video about Bitcoin Cash - everything helps create opportunities and with that helps everything grow.

And for us, as a community, it could cost very little compared to the total market cap (even less if thinking about potential total market cap)...

This is one of the problems that we want to solve at

We have a few solutions for them. Today we'll be revealing only the first part.

One thing Tom, Tobias and you, my dear creator, could do is to start writing about your projects on regularly.

"Yeah, right! I'll earn $5 for that, right?"

$6! Not $5!

Sure, right now - yes.

But every project that starts using for their blog would bring along the interested audience that loves Bitcoin Cash and wants to the system to grow!

When I come to I don't see any news, even though there are some. FloweeJS is one of the "new things" and it is an interesting project that I know of because we chatted with Tom a little over the email.

Tom has announced FloweeJS on Twitter. He has got 21 likes and 7 re-tweets and $0 in BCH for that.

And $0 is infinitely less than even $5.

Had he published the same announcement on - he could have made additional $14 right now - that's how much @Cain made for the article "The Benevolent Dictator" about Amaury Séchet.

$14 is not much, but I think a good article about FloweeJS with an explanation and call to support could have got Tom much more! (On top of being able to receive donations directly, nobody forbids Tom from publishing the donation address)

$14 for a single article is the record for single article in our first month ever. ... while spending $0 on advertising.

The next month is going to be bigger... and the next - bigger still.

What about LazyFox? We also invite Tobias B to "" to write about his experience developing LazyFox, his ideas, his stats and problems, anecdotes from the life of LazyFox. Why's it even called LazyFox? :)

There's a ton of things you (as a software creator, as a Bitcoin Cash promoter, as a writer, video creator) could be publishing.

Each of your posts should have a call for support, like "Upvote this article if you want to see this built faster".

The point is not only getting money, but also to encourage people to spend BCH to support all Bitcoin Cash projects, including yours.

Do you think many people understand that you as a creator need money to support yourself and your family, so that you can spend more time on your awesome project?


Most people have no idea about that.

And many people would be happy to help you if they knew.

It's awesome that Roger Ver announced $200'000'000 fund to support Bitcoin Cash - it's great! I don't know the details, it's probably in exchange for equity, but still great. (Of course if you are eligible and willing - contact

At the same time you, my dear creator, can earn some money and encouragement right now at No contracts, no obligations.

There's a 10% fee, that upvoter pays, so you get only 90%, but... let me defend our choice here.

This 10% isn't something you lose, it's something that you invest and that gives you much bigger return on investment than you can get for such a small amount. This is a payment for the service, which gives you:

1) Our affiliate network, which means that when you publish your article - there will be people willing to earn 3% of your success by sharing your link. (They can spread your link much further than you yourself can) And if you, my dear creator, were invited via another affiliate link - that affiliate would also get 3% of your earnings, encouraging him or her each time to share links more often. (Don't worry, this comes out of our 10%, not your 90%).

These 3% might be small to you, but for some people it's a good support for their family.

The rest 4% we try to use wisely - to support the creators and Currently, my articles earned $38.24, and here's the screenshot of my balance:

Nearly all of $38.24 are missing, where is it?

All the fees (except 46 cents) that earned so far went back into upvotes and author support on None went into our pockets so far.

The more authors create at - the more each author will earn, because it brings more readers and more readers bring in more Bitcoin Cash, more Bitcoin Cash brings more authors, and it's a positive loop...

2) 4% of the 10% buys you the infrastructure. Is it really easy to give you a tip on your site? When I visit Flowee's site - I have to look specifically for the "Donations" page and most people won't do it at all.

This is typical for software developers. Oftentimes, there isn't even such a page or note, despite author not making enough.

When you finish reading article - there's always an "Upvote" button, ready and willing to be clicked and send you some Bitcoin Cash to encourage you! It buys you the audience that is ready to read you, and it's our problem of how to remind them to read you, how to deliver your message and remind them to upvote you, not yours.

Your job is just to write something to remind of yourself and your project.

We think 10% is not a big price to pay for such benefits. It also encourages us to develop further.

Dear software creators, writers, video bloggers, BCH promoters...

...especially those that create stuff around Bitcoin Cash - we encourage you to write some periodic updates on The more audience you bring - the more all of us get in return.

Each 100 fans that come to your article will stay and read and upvote stuff and bring 1000 more fans. Next time you'll publish an update - 1000 more fans would be reading it and willing to support your cause.

1000 more affiliates would be promoting your stuff even outside of the Bitcoin Cash ecosystem, bringing new faces and new money. (Did we mention you can deposit using a credit card on Do you do that on your site?)

You don't need to write huge articles or updates. Just tell people what you're working on, how it looks like. It's really easy: you can paste the screenshots:

Yes, paste as in "Ctrl+V" paste.. or drag-n-drop a file into an editor... We really care about the small stuff. As much as browser allows us.

You can add the code:

bool arg(const Napi::CallbackInfo &info, size_t index, int &newValue, ApiOption required = NotRequired) {
    if (info.Length() > index) {
        if (!info[index].IsNumber()) {
            Napi::TypeError::New(info.Env(), "Wrong arguments").ThrowAsJavaScriptException();
            return false;
        newValue = info[index].ToNumber().Int32Value();
        return true;
    return required == NotRequired;

You can use Markdown bindings, just type # to start a new heading or backtick (`) to start an inline code. (See more about the editor here)

...and importantly you can communicate with your fans and secure your finances.

And checkout our Roadmap to find out that soon you'll be able to do even more! Don't like something or want something changed - just ping us using any method and we'll see what we can do.

"$14 record" for the article might not be impressive now, but we're pretty sure that in a year or two - this record would be more than $1000 per single article by one of our creators!

Help us achieve that vision by publishing your updates here.

And this is only Part 1 of our solution.

Part 2 is coming and we can tell you it's going to be big (or fail spectacularly)! We dug into the psychology of donations and why some free and open source software thrives and we found something pretty important... Register and subscribe below not to miss it.

How can you help or earn if you're not a creator? Join the site, and start spreading your affiliate links like wildfire - on Twitter, Reddit, Facebook, Instagram, among your friends, etc... Each link gives you 3% for a life time, doesn't matter if it's an upvote given or received. (Hover over the article title to get the affiliate link after you register - it doesn't even look like an affiliate link).

Check out the "new" section of the main page - there's poetry, there's aviation, there's life in Philippines... all those links you can spread far and wide.

You can also comment - these can be upvoted with Bitcoin Cash too.

Tell the people from the list of "Bitcoin Cash: The People" about the opportunity to join and why it's important for them and we'll do the job of making sure that their fans can encourage them!

And, of course, if you're a Bitcoin Cash fan - upvote the articles that you like to encourage creators to create more!

Do you need to be an English major to write on Of course not! My grammar is nowhere near perfect and yet it still works. You don't need to be James Joyce to convey your idea, your fans are willing to read your language as long as they can understand you.

It's not hard, just register and try!

Update: Part 2 is here

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Avatar for Read.Cash
3 years ago


Nice article! It is inspiring and educative. But the market capitalisation of BCH is over $4bn presently.

$ 0.00
3 years ago

Interesting! Thanks for the update. Looking forward to seeing what Part 2 is going to be.

$ 0.05
3 years ago

Here is the thing. It is one thing for a guy to code something up he thinks will be cool.

It is an entirely separate thing to see if there is market fit for the code and then related to that is marketing it sufficiently to get a foothold in the target market.

I see a lot of things in this space that work like this:

  • oh this is neat, let's code it
  • code it up and publish
  • crickets
  • "damn!"

I'd like to propose this workflow:

  • who do we want to help?
  • how can we help them?
  • code it up and publish
  • market that puppy
  • gather the feedback and really hear it
  • code up the changes and publish, repeat

Love btw.

PS bullet points via "-" not working. I assumed this was Markdown ready

$ 0.10
3 years ago

Bullet points are fixed. Much better!

$ 0.00
3 years ago

Sorry about the bullet points. The code is there, the styling is not. We'll fix it. Otherwise Markdown should work.

$ 0.01
3 years ago

Yeah, I would agree with the market fit, but at the same time sometimes market hsa no idea what it wants, like the famous Henry Ford quote: "If I had asked people what they wanted, they would have said faster horses."

On the other hand our first project was Taskopus and it was a technological marvel. It solved the problem that we've had and we assumed a lot of other people had. But it had no market fit at all.

So, I think that both approaches work, just not always. IMHO

$ 0.00
3 years ago

Judging market fit is a lot less about asking people what they want, and way more about performing experiments to see what they actually use and what problems they run into.

$ 0.00
3 years ago

I'm a senior level web dev, I code in multiple languages. I've also created android apps, small games, chrome extensions, etc. This $200M initiative is indeed nice, but it's absolutely not clear how to get onto that train. It's not clear what kinds of projects they are looking for and are willing to invest.

$ 0.01
3 years ago

We're working on a project. Let's see if it makes sense to work together. Can you email me?

$ 0.00
3 years ago

You can probably contact Roger Ver about that: with the question or even email - very high chance he's going to reply.

$ 0.00
3 years ago
$ 0.00
3 years ago

I've had very similar thoughts. I read Bitcoin Cash articles on Medium or Reddit and think why don't they just post on Let's say they earn $5 worth of BCH today. If BCH ever starts picking up steam the way I hope it will, imagine all the new people that join the ecosystem and can potentially discover these articles in the future, and tip the content creators at that time. There is no time limit to how long your articles can earn BCH. Glad to see I'm not alone in thinking this way.

$ 0.10
3 years ago

I'd be happy to see people shift from medium to, even if only because I won't be met with that giant "excuse us for taking a moment of your time" dialog every single time I want to read some content.

$ 0.15
3 years ago

The worst part is that Medium would then proceed to take $5/month from the reader, monetizing author's content and giving "claps" in return... Crazy!

$ 0.00
3 years ago