What You Need To Know To Build Your Own Bitcoin Cash Media Empire

I like Read.cash. I enjoy how it's demonstrating a BCH-based service consumers demand. Financially, too. I've made more than one BCH from my blog in recent months. For someone who wants to earn a life writing, that's a relief.

Read.cash contains one flaw. This could affect Noise.cash and other Bitcoin Cash social media platforms. This issue can be handled with the right marketing plan.

"The Random Reward Bot" has earned me most Read.cash money. The system isn't random, but a fair means to reward content, similar to how Medium divides earnings. It looks at pageviews, time spent on the website, and whether people scroll from top to bottom. The details are kept secret to prevent abuse, but the idea is to reward well-read articles.

The Random Reward Bot is funded by BCH from the Read.cash fund. Most of the money comes from a tiny group of people with lots of Bitcoin Cash. Most individual tippers have been using BCH for some time, so they may already have some when they come. Some usernames are from Reddit.

Despite my wish to help other writers on this site, diverting my revenue would be counterproductive. Everyone trading BCH for no reason would make this site a system. I plan to use the money I make here, like I would with any other writing revenue, on personal items.

So, BCH moves from owners to content providers and back. As a creator, I'm happy to have BCH now. The audience that reads most of what's published is a significant component of Bitcoin Cash adoption.

According to my understanding, the goal is to incentivize content providers to generate high-quality work and build a following. The target market is presumably non-BCH users who want to support creators they admire by buying BCH.

Non-BCH audiences don't have to figure out how to meaningfully contribute to content because BCH holders already pay for it. Some will become donors or tippers, but the existing method doesn't force new readers to donate. If BCH holders turn off the tap, the fund could dry up.

I'm not sure how successful a token system would be in overcoming this problem.

Read.cash has over $500,000 in funds. How much? Some of the money may go beyond "build it and they will come."

Content creators use Medium, Patreon, Twitch, and more to make a living. Many Instagram users looking to build their followings for opportunities or sponsorships would prefer a money return.

Proactively reach out to content writers with small followings using Read.cash funds. Too-famous people don't try new things, and those without followers don't contribute. Countless creators have hundreds, thousands, or more fans and want to expand and earn from their work.

I've been using Read.cash as a starting point, but a similar strategy may work for Noise.cash or any other Bitcoin Cash content-trading platform.

Our BCH-based platform will pay you $10 to $20 per post within a set time or other considerations. This assures money from your posts. You don't need to do extra effort because you can reuse existing content. You'll lose money.

We'll give you extra money to give to your followers to encourage them to join our site. Fans can reward anyone with the money, not just the inviter. The creator has an incentive to invite fans because they'll earn from the event.

Using tokens would govern how money flows from creator to fan and back into the site ecosystem. Tokens can be gifts or for site use, if I understand right. Someone smarter than me could probably implement tokens better. As long as supporters use BCH without tokens, I like the strategy.

This technique brings in content creators who don't use BCH and their fans. To attract new visitors, the portal seeks reputable content producers. Members of the audience may invest in fresh BCH because they've already used it.

You'll also shape your site's culture. You can search for content providers who best represent your site. Accidental visitors may hinder your growth if you leave it to chance.

Aside from expense, it needs contacting content creators. Still, the Read.cash fund might fund this position. Commission-based work may be collaborative. Each new creator you bring on earns you some advertising money.

There are other ways to sell your stuff. Each location has unique customs and considerations. To read specific Medium articles, you must subscribe. In some cases, membership fees are more beneficial than voluntary donations.

This tactic might benefit from a BCH-based Instagram alternative. I like Instagram, but the ads skew what I see and what I post. I doubt I'm alone. Creators I follow often complain about Instagram's murky algorithms, which inhibit them.

The fact that Instagram doesn't pay its authors, along with their complaints, may motivate them to go to a platform that does. People will tip and contribute if the amounts are little and free them from ads, which is the key to killing Instagram and most advertiser-based models. BCH could do what Patreon can't.

If you want to kill Instagram, contact me. I'll help. Using this method could be advantageous if you're creating a content website. This is especially true if you're replacing an existing site with your own. Twitter, Reddit, Tumblr, Medium, etc.

Expecting people to locate and use your site if you pay content creators in BCH is probably not enough. To get started, consider a proactive approach like the one above.