@Read.Cash
edited
more from that month
Boosting articles
As of today, you can boost articles. Boosted articles are shown across read.cash and greatly increase the visibility of the article. You can boost your own articles or anyone else's. The amount of views you get is in proportion to the daily bid you set. If you place a bid of $0.01 per day and someone else places $0.02 per day, that means that you get about 33% of views and another person would get approximately 66% of views. After you set the daily bid, you need to add some money. If your daily bid is $0.10 and you send only $0.05 that means your boost will be active for about 12 hours. You can change your bid and add more money at any time.
It is of course integrated with our affiliate program, so you get 3% of every boost of the people who signed up using one of your links. https://read.cash/@Read.Cash/our-affiliate-program-e616a825 How to boost an article Go to any article (by you or anyone else) Click the boost icon
Select how much money per day are you willing to spend on this boost Send some money to this boost Click the boost icon frantically to see some stats If you need to change your bid or add some money - just click the boost icon again Here's an animation that explains it better:
It's a very new feature with basically zero competition, so a few cents should be enough to get some exposure. **Don't go crazy - there aren't that many visitors on read.cash (yet).** Note that a "view" here means that the user saw the link to the article (like you see on the main page), while a "click" means that a user went to the actual article. This is an another experiment, we'll see how it goes. Have fun!
221 comments
I think it's a good idea, but however it would be good to set certain limits, this because there might come a time when only those content that use bost would be visible, thus leaving much more hidden those users who do not decide to give Bost to your post, this also taking into account that there will come a time when people start to give bost with exaggerated amounts, as I say can become a great tool, as long as it has its preset limits. Pd: I am so glad that you are always innovating and adding new things to the platform, keep going like this!
There is a limit, there are only a few boosted spots on the main page.
> exaggerated amounts Yeah, I'm not sure how it'll develop, as I've said it's an experiment - we'll see how it goes.
I completely understand. But just like I said, I'm glad they're always implementing new things on the platform! Have you thought to implement a new section, where you see only the content of the people to which you are subscribed? and so you could maybe implement a Repost button, so when a user that you follow give repost to an article that they find interesting, this article would also be seen in this section, clear with a mini title above that says "@User, repost this article", I think it would be a good idea.
Thanks a lot for this feature, I'll surely use it!
Great work! Thank you very much. :0) It's good to see ReadCash having numerous updates, as the days go by.
Good idea. Unrelated suggestion: make a special homepage for all articles non-cryptocurrency related. Or have two columns / sections, to segregate crypto and non-crypto articles. I find it currently hard to recommend this site to people not into crypto-currencies, due to the overwhelming common theme of all articles on the homepage.
It's pretty hard to do, since we need a trusted way to know which articles are crypto and which are non-crypto. It can be done using paid moderator or free crowd wisdom. Paid moderation is our of the question for now, since the site is pretty much losing money now. Crowdsourcing is pretty hard, because you'll have trolls, etc.. We definitely see the problem with cryptocurrency articles flooding the main page, also affiliate pages, begging, copied articles, weird conspiracies, etc... especially noticeable due to the huge ongoing debate in Bitcoin Cash, but we don't have a good solution yet. Though we're thinking about it.
I see the problem. My idea was to leave the real main page as it is, organic and representative of the actual community (mostly crypto people now, hopefully it will change), and just make a subpage, at the same level as "Hot", "New"... excluding the 10 most prominent crypto tags such as "Bitcoin Cash", "Cryptocurrency"... Just a link that we can share with non-crypto people. But I literally just thought about it for 10 minutes, and trust that you guys must have that subject on your mind for while ;)
This might be an interesting idea, but one possible problem is that people use topic willy-nilly, i.e. just click any random topics mostly :) But thanks - we'll definitely think more in the direction of including "remove by topics" into the idea.
Would starting, and moderating a community where you could curate articles solve this problem?
> Paid moderation is our of the question for now, since the site is pretty much losing money now. may i ask why? read.cash is the best thing I've seen in crypto in a while, well before I left. would love to see this become the new Medium
Well, the site is only 3 months old :) This month we're seeing a huge influx of activity in the last 5 days, but I think it's not sustainable. As soon as dust settles we're probably going to experience a pullback in activity. So, considering previous month - we've earned $172.10 in commissions, we've paid $52 to affiliates, that leaves $120, we've also received $46 as direct tips, that means about $166 profit. After that we've paid $337 as paid tips to new authors, to support what they're doing. :) So, in the end we're about $171 in the red for the last month. It's not like it's the end of the world or something, but still red is red :) This month is better - we're about $160 above the water, despite giving $379 more in tips and $188 to affiliates, but as I said - I think this level of activity is not sustainable (yet), so I don't think it would be wise to hire even low paid people, which would be $3/hr, but in the end it's going to be $500/month.. that's why I say "Paid moderation is our of the question **for now**". We'll see what happens next month and later. If somehow it continues to grow like it does right now - then sure, it would be wise to invest in moderators and content curators, maybe even as a form of revenue sharing.. but right now the amounts are pretty funny even at peak activity levels :) I mean $475/m (this month) in revenue (not profit) isn't a level where you start a worldwide expansion.
Read.cash will benefit HUGE from a more sophisticated search and article display system. The community section might be better replaced with a tag system (there are a set of usable tags and they cannot be arbitrarily created) and perhaps other proven ideas imported from Stackexchange.
There are already tags (see topics near the author's avatar), but they don't work that well. They need some moderation or community-based moderation, because people are using them very chaotically. We will of course try to evolve the site to make people feel more at home and less in a random noise field :) but frankly it wasn't even a problem like a week ago, the number of articles in this week just exploded.
Rather than people fighting over a single advertising space (eg the front page), there can probably be multiple advertising spaces, eg tag-specific (if read.cash adopts tag-based sorting ala Stackexchange).
Sure, I mean, that's probably the direction we'll go to have more targeting in boosts. I mean it's all an experiment and it has been only 2 days since the launch :)
Some sort of balance between organic boosts vs paid boosts should be arrived at. And it might be nice to have a (non-default) toggle that shows completely organic rankings of articles (eg as if no paid-boosted have been applied). To be fair to paid-boosters, this has to require an extra action on the part of the user.
Ok, we'll take it into consideration. Thank you!
Do we get money back
You're buying a service. Why would you get any money back?
"there aren't that many visitors on read.cash." Let's keep up the enthusiasm and add "yet."
Fair enough :) Added. Thanks!
Nice explanation, readable and understandable.
Great explanation of the boost function, but then again, it's posted by read.cash, so I'd hope it's accurate :). I came across this article during my newly-revived drive to make a go of it here at read.cash. Now that I've gotten an upvote or two (as well as thanks to the points system), I will be able to use the boost function. My plan is to follow the updated instructions, 0.50 cents for 10% exposure. You won't find that kind of placement in front of such a robust group as we have here, so I'm gonna give it a go and will update my comment as to whether that is sufficient or not.
I've updated the article. The price has since gone down :) You'll see the actual price as soon as you try to boost your article. EDIT: Actually, up :) currently $ 0.50 / day is about 35 % of total views
It actually ended up estimating something like 45% with my 0.50. Totally worth it.
Thanks for this post very helpful and informative. Use boost for the first time yesterday. Will check the results and likely use again.
This is really useful. Once I get a few more posts out I will use this feature. I do tend to click on these articles at the top.
@Read.Cash estupenda alternativa, gracias!
Great hint. Thanks.i will give it a trial
Now i got it, will definitely give it a try
Well, this article is informative. It helps us too know about the boost and the Process. Surely it is going to be helpful.
Good
Hmm... Didn't really know about this just saw the article now... I wish I had seen it earlier on... Would definitely had tried it out because I had to share my articles on my social media to get more exposure... Thanks for this update... Would try it out on my next article to see how it goes
Very informative article! Thank you
Can I ask what will happen if you click the Move Unspent Fund? My boost says not showing that's why I clicked move unspent funds. I thought the unspent will be returned to my wallet.
No, the boosts are never returned, there is a warning about that: https://i.imgur.com/ulHIbDt.png Move unspent feature is only to move your unspent money to another boost.
Now I get it. Thank you for the response ❣️
Your article was very nice. I really like it. This is the wonderfull information us. Thanks for articles. Keep it up. We need more article.
Your article is very helpful.
Well, I hope that I have enough fund to support and boost my posts and articles here in platform of read cash. Having sponsors is very hard. My contents are good tho, but I'm not pretty. Hahaha. Thank you for this information, admin.
For now, I guess earning some funds would be best. After earning, then we can fund our articles.
Thanks this is so informative to all of us new bie here..thanks again and God bless
Thanks for sharing this information. God vless
thanks for sharing information
Thanks for sharing this information. And I want to ask. Anyone can answer me? How to boost my article using my coins. PH.
Deposit them to your addres by clicking send on read.cash BCH, Yoy need to convert your money first to BCH so that your money will be credited here.
I did it two times but it doesn't work. What should I do? I used my coins. PH wallet to deposit but I receive it my coins. PH wallet again. It doesn't comes out. I don't know what happened, but I used the bitcoincash address that pops out where to deposit.
Make sure you copied the right address on your wallet, it always start in bitcoincash: It should work cause I did that last time, wait lemme create a tutorial for you.
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