Will read.cash run out of funds?

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Avatar for Xavierzyxks
4 years ago

Many users will raise their eyebrows upon reading this article for the simple reason of causing maybe a degree of concern for them, but wait this is not a pessimistic outlook nor a far fetch idea,

Here is the reason why i feel there is a need to tackle this matter, few days ago i watched a video blog about an explanation and overview of this platform, the blogger outlined the plus points of read.cash and at the same time the downside of this platform which i believe he did it in a credible and balance manner,

What catches my attention was his overview on read. cash being funded by donations. I think the blogger is right in pointing out the reality of the funds running out.

Why?

One is because this platform is young at approximately 12, 000 users two months ago but now it ballooned to 31,000 users (correct me if I'm wrong) the growth rate could be massive, and because incentives for contributors are taken from donations there is the question of how long read.cash can sustain it.

But its not a dead end yet!

The blogger also point out how read. cash can thrive and continue, he mentioned about ad placements on read. cash which is i am personally excited coz it reminded of you tube!

Also there is this i think, he mention about branching out to other social media platforms!

But as to the timeline of pushing for a sustainable blogging site we have no idea yet. What we do know is the recent robot rewarder system was implemented that to my opinion is a temporary solution to lessen the outwardflow of BCH.

The bottom line is for read. cash to succeed and grow a sustainable income is paramount for the users to stay on this platform.

Read.cash should not be left behind in exploring aggressive steps to further improve the platform today.

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4 years ago

Comments

I am sure readcash will find a way and work for the best. Let's just wait and continue what we are doing.

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4 years ago

That's right! Thanks for reading my article! Jabs!

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4 years ago

No worries!

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4 years ago

They need to come up with some ideas

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4 years ago

You're right! Let's just hope they have already came up with that idea prior to launching this platform. Thanks Daniboy!!

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4 years ago

Subscribe Me

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4 years ago

Only on donations it will be difficult to sustain. Some sort of income stream is required.

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4 years ago

Thanks for sharing this information:)

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4 years ago

You're welcome

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4 years ago

You can make your own social media flatform also especially like youtube, it's hard to sustain if only depend on donation because of your growing community.

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4 years ago

Yeah you're right!

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4 years ago

Sort of.

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4 years ago