@Read.Cash
edited
Why is my point rate so low? A lot of people are asking us about the point rate. Some of them remember that you could have gotten $1 for 200 points back when the point system was introduced in April. https://read.cash/@Read.Cash/the-point-system-fa56be9b Let us explain once more - the fund pays out 0.5% every day of the amount it holds (which is about $70 today). There are many actions that generate points. At the end of the day this amount of $70 is divided by the total amount of points generated that day. The more points generated each day, the less each point cost is. We have the stats page that shows the number of points generated per day and the amount the fund contains. https://read.cash/stats You can see that on 25th of April, there were ~$2400 in the fund.
The same day people generated 5200 points total.
So each point was about $2,400 * 0.005 / 5,200 = $0.0023, so for 200 points you would have gotten about $0.46 Yesterday we had $13,900 in the fund, but people generated 58,000 points. So each point price (on average) was about: $13,900 * 0.005 / 58,000 = $0.0011, so for 200 points you would have gotten (on average) just $0.22 (this is before the personalized rate kicks in) https://read.cash/@Read.Cash/personalized-payouts-from-the-fund-f5d2f9c0 You can see the average point price chart on the stats page as well. https://read.cash/stats#Average_point_price The more point-generating actions people do on site (together), the smaller the price of each point is (unless the fund grows).
61 comments
Thanks for explaining this @read.cash! At least we already know the answer now! Thanks for continue developing the site. Kudos♥
Thank you for explaining the reason behind of it. A lot of new users are confused because everyday thhey got different equivalent of points.
Just imagine without cheaters and spammers here the point will be equal to everyone, fewer cheaters and spammers more point value.
So it depends on how much points is generated per day
Thanks for the info @read.cash! I really appreciate how you work hard for the development of this site. More sponsors to come! I believe one day we will grow big and big just like the other successful sites out there
This is serious, you mean the more points earned by users the lesser the unit point value. What is it now is that no one can predict what his or her points earned will be valued. Though i usually do not focus on, but what this means to me is that the more users join read.cash the lesser the earning for the members of this platform
yes thats hilarious
Thank you so much for clarifying this to us, since this is the most trend questions to all writers today. Thank you so much read.cash, you never stop finding what is the best for all of us.
Many thanks for this information, cause have been so worried, have been having high points with lower value of cash, now I know the reason behind it.
Short and clear. The good thing is the amount of fund increases with the amount of participation :)
Thanks for enlightening me more on this as I made an article to this regard... But it's clear now why my earnings are low... It's because we are growing... So I just have to do more so my personalized rate increase and boosts my earnings... Thank you guys for this eye opener...
Since I joined here I'm wondering how the points are computed but now It's already clear to me. Thank you for you clear explanation. Kuddos to the admin for your hard work.
Yeah that a clear explanation. One of guys had posted comparisons between his and his friends account at it got even more confusing. Any ways is pretty clear now
At first I really don't care about the points, as long as I posted articles then I am happy that time, coz I reaaly don't know too the calculation of the points, then now I slowly got to it, by reading some posts of the writer here. And thank you read.cash for the information then, now I know.
what a wonderful information.,thanks readcash!!
Thanks for the info. I was wondering why the have a lot of points but my cash burned and paid was too low. Now I understand the process and it clears out my confusion. thank you for working hard with this site and I hope that this will grow and be more successful.
Thank you so much for the information. You've always care us and updating us. This badge is really helpful for us and everyone will aware.
Thanks for the information. But this also means, with the new users there will be only more earned points. So the only option to increase the exchange rate is growing the fund. That means Read.cash should find new money sources, Advertising can be a solution.
Thank you so much for this information read.cash. Now I know why my point is too low, But I never be sad about it, I'm not here just to get or to earn money, But also to shared my articles with your platform and to read more content to learn something more 😊 Thankyou so much again 😇
Thanks read.cash for enlightening us. I almost lost my interest in posting here for having such low point values.
Thank you for the info read cash.
I now know how the whole thing works. Thank you very much read. cash. Am just hoping the fund grows in the future.
very informative thanks RC!!
Thank you for this info👍
Thanks for the info @read.cash! I really appreciate how you work hard for the development of this site. More sponsors to come! I believe one day we will grow big and big just like the other successful sites out there
Your article was wonderful...thank you because I have the same question but this article is the answer of my question
thanks for the info
Wow! How nicely you describe about point system in detail. Really you work hard to improve the read .cash.
Thanks for elaborating more of how the value of points do change. I didn't understand how this worked before but now, I understand it very well and I have no question to ask on points again I love how easy it was to understand. Thank you very much. Duly appreciated.
April was before I joined so I have no idea what one could earn back then. How it works now sounds logical to me. The posts I read are - if I understood it well - more why two people with the same amount of points do not earn the same but you already explained that too. 👍🍀
Very informative and detailed articles it answers all our questions. Thank you so much, now I know that there is fair share here on read cash, though our points has lower but the thought we all had fair is great enough.
Why i'm not receiving points for comment actually? is affecting some new update ? i like to know what is happening. i hope that someone know the motive.
You need to comment inside communities. If when you comment you see "Article" tab active - that doesn't bring any points.
Nice information ,now i know
Very good explanation. I don't expect to earn much from points. It's better to consider them as symbolical bonus
Right about now 300 points for 1$ 🤣
Thank you. Got curious also of the reduction of giving points since I am seeing discussions how high points were given back then. This explains it.
bu bilgi için teşekkür ederim bence fonun artırılması geerekiyor
Thank you for this information @read.cash. It is well appreciated as that issue has generated a lot of heat on the read.cash platform.
I really don't bother myself about all thses points stuff. Its most of my affiliates that bothers about it because I've already read how the point system works so I have faith in the system.
The more value you generate on this site, the higher your payout will be, regardless of points. We can of course keep generating a lot of points to get a piece of an ever decreasing pie, or we can start thinking about generating value for the outside world, so that we can be happy with a small share over an ever increasing pie. I am optimistic.
Hey ReadCash team, Very interesting to know how the system work. Thank you for the information. I really love this transparency.. from the start! :0) We can now vote for the article, commenting if I have all understood? (writing this comment) @Read.Cash
I'm not sure about the question. You could always vote for the article and comment... what's the question here?
Well, writing my previous comment a couple of minutes ago, I saw, just up of the "reply" button, some vote and downvote options. Not sure if i'm clear, still. haha
This is the same as clicking "thumbs up" or "thumbs down" above. Just our way of reminding people to upvote good articles and downvote bad ones :) It doesn't appear if you have already voted.
Ok, that's what I tried to explain. Yep, It's an improve because It's suggested. Like the blinking upvote now! :0) All small details but making the diference!
Thank you so much for giving us this information. I appreciate your opinion. Keep it up.
I am relieved now because I understand better how the system works.
Thanks for this information
Ow thanks for information
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