We have an affiliate program now!
Below every article you'll find this block now:
Share link or copy the link - these are all affiliate links. Anyone who signs up after using that link - becomes your affiliate.
You get 3% of any spending and any earning for lifetime (including possibly very expensive sponsorships) by your affiliates. Doesn't change a thing for the people signing up.
The link could be made to any article or topic.
The most interesting part is that visually the affiliate link would look exactly like a normal link.
Ok, it's the second one. You won't guess, the numbers at the end are random.
(Though in some countries, cough.. US.. cough.. 'scuse me.. you'd still (probably) have to explicitly tell that there's an affiliate link somewhere on the page.. for one reason or another)
If you are worried about the SEO effect of "duplicate content" of all the affiliate links - don't be, we're sending the correct "canonical" header.
How could you even think that! Of course, not!
All affiliate commissions are coming out of our fee.
As you know, when you upvote on read.cash - 90% goes to the author (woo-hoo!) and 10% goes to the read.cash (booooo!)
With affiliate upvote it becomes this:
As you can see - the upvoter still gives 90% to the author, it's just that read.cash gets less (woo-hoo!)
Easy, like we've said - you get 3% of any earnings AND spending.
If you invite an author and he or she gets paid - you get 3%.
If you invite an upvoter and he or she upvotes the author - you also get 3%.
Obviously, you can even get 6% if you invited both the upvoter and the author.
There is a problem of "dust", that means that you won't get paid for upvotes under 6 cents at current BCH price.
Unfortunately, we don't have the power to change that. Let me explain:
When you try to send 3% of a one cent upvote (that's $0.0003, a very small sum), you can't really send it in the Bitcoin Cash network.
"$0.0003" is "104 BCH satoshis" at current price ("satoshi" being "1/100000000th of a single Bitcoin Cash").
There is a hard limit called "the dust limit" of 547 satoshis - anything below it cannot be sent at all.
At $288 it's about $0.0015. That's the smallest amount we can send over the BCH network.
Currently, that means that we can't send an affiliate 3% of amounts less than 6 cents. That's with current BCH prices.
If BCH were suddenly to spike to $2880 - that would be "at least 53 cents".
We will launch ignoring the affiliate payments of all upvotes that produce dust comissions (that's about less than 5.1 cents). Sorry for that, but don't despair - upvotes of 1-5 cents are pretty rare.
Only about 1/20th of total upvotes so far would not have been paid to affiliates.
We think it's a reasonable compromise and we'll see what we can do for the next version.
As soon as we launch paywalls - you'll also receive affiliate payments from these. These should be much more profitable, since they would be more expensive.
The cookie that you've sent this user is set forever. Whenever user decides to register - he or she will be your invitee. Though the cookie can be deleted if browser history is cleared.
Situation A: You create an affiliate link, anonymous user follows it, closes the site, comes back 2 years later and registers - he or she is your affiliate and you get the income from his/her actions.
Situation B: You create an affiliate link, anonymous user follows it and closes the site. After about an hour the user follows another affiliate link created by Other User and registers. He or she is now an affiliate of The Other User, you don't get the income from his/her actions.
...and you will also help the author collect more tips.