1 day testing the new read.cash points system : pros and cons

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Avatar for hamedbkh
4 years ago

If you are a frequent user of Read.cash, you have probably noticed the new points system they added on the 27th of april which means, in short, that you will be getting points  for achieving different goals ( see here for more info). And today my points were changed to BCH for the first time . So it's time to do some analysis and discuss the pros and cons of this new feature .

pros:

  • This new system will make it more fun and even more profitable than just getting BCH for only logging in everyday.

  • It will prevent people from creating multiple accounts to have the daily cents from just logging in.

  • This step will improve the platform and encourage the new and old users to be active and creative because they will get paid for their efforts.

  • Getting points for making meaningful comments will encourage users to be more interactive with the posted articles and the writers in general.

    cons:

  • The payments aren't that much (yet). for exemple my payment was arround 9 cents. But i know that it depends on the fund they have and also the platform is still in the very beginning of launching this feature and it's very early to judge the payment for now.

  • All the points you earn will be changed in the end of the day to BCH automatically. i guess it woul be better if read.cash gives the user the option to decide when he wants to transform his points so he can accumulate points and transform it whenever he wants.

In the end of this article, i can conclude that read.cash is doing a great job so far with making this platform a better place for both amateur and professional writers.

Thanks for reading and if you have something to add please let me know in the comments below.

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Avatar for hamedbkh
4 years ago

Comments

Yeah, I also believe the user should be allowed to have control on when to convert his points. It would be a bummer if you earn a great amount of points one day but the fund was low that day so you get low return but just the next day someone comes in and drops big money on the fund.

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4 years ago

exactly! or when you earn just few points one day , it won't bring you any profits after transforming them obviously. so accumuliting those few points will be better than transforming automatically. thanks for your openion!

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4 years ago

Nice, but is better website where u earn Crypto to made content

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4 years ago

and that's the point of read.cash..you will be paid in BCH for the content you make. it will be even better in the near future i hope.

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4 years ago

Hlw! I am promisa from Bangladesh.. Please subscribe me...this is my first post in read.cash..

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4 years ago

I visited your profile but there was no articles from any kind. So i guess you mean that's your first comment actually.

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4 years ago

Yeah! A very laudable development from read.cash. A sort of encouragement for genuine and dedicated users of read.cash. I strongly have the hope that the system will be getting better day in day out as the pitches are being fixed. Kudos to read.cash!

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4 years ago

indeed! most of us think that read.cash is a very promising project for writers and for BCH too! the read.cash team is aware of that for sure. thanks for your openion!

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4 years ago

It's wroking great, I've received 0.35$ yesterday, It's not that much but is already something free, really nice.

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4 years ago

yeah, we can't expect much in the beginning. considering the fact that the funds they have are limited. but it's all going on the right way i guess. also the amount you received isn't bad at all as a start! congratulations! :D

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4 years ago

Yeah will take a while to get the points and incentives just right. I am here for first day. And seems good. I don't like downvotes because of groups attacking people views they don't like. But I like a positive platform that rewards good creators and warns bad ones (not their content but abusing the system with bot posts and comments). I think BCH payment is fine. Lots of places to swap them. But choice is always a area for improvement.

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4 years ago

yep. that is very true. this platform is in the beginning and it is very promising and i'm expecting alot from them in the future. and since it's your first day here i want to welcome you in the read.cash community and wish you all the best here. cheers!

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4 years ago

Thanks :) much appreciated!

$ 0.00
4 years ago

you are more than welcome mate :D have fun and make some good profits hopefully :)

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4 years ago

I am agreeing mostly of all you write in your article.

The new point system is different but seem to be able to improve quality of the content on Read.cash, but it needed to give more value of the points writers.

Your last suggestion is really interesting, allow user to decide when he wants to transform points (it may have some problem if all user decide to transform or not at the end of the day, because it will make impossible to have a temporary value points on morning).

$ 0.00
4 years ago

yeah. Giving users more freedom to choose when to exchange the points will be great. We will see if Read.cash will do that or not. Thanks for your comment :D

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4 years ago

It's reallu good that read.cash is really looking for changes that helps amateur and professional writers earn points. Like the short post.

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4 years ago

Yeah. They are trying their best. i hope everything works well. Thank you for your comment.

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4 years ago

The new point system is working fine, except for the spammers who are bastardizing the system. But this being taken care of by read.cash.

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4 years ago

Yes, this article was written just 1 day after the points system was launched. I just submitted it to the community.

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4 years ago

Your feed back is appreciated. I think articles have just been submitted to communities recently. Thanks.

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4 years ago

No problem. Yeah there are still some issues with the last update of read.cash. well at least to me. I emailed them and waiting for an answer. Have a nice day!

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4 years ago

This is a good review of the point system... fast forward to where we are now and it still seems great while read.cash are still trying to maintain the platforms originality... Just that the payments reduces as we number of users increase

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4 years ago

That's right. Don't forget spammers and people who are abusing the rules. The more people getting undeserved points, the less payment value we will be getting.

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4 years ago

I like changing readcash done this month

It looks like a better place now

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4 years ago

Indeed. Their new rules are making the platform a better place to enjoy writing and reading without affecting the profits that much.

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4 years ago

I know little about the coin update but reading this artical, i can understand easily. I am newly added with this that's why i do not know many thing. Thanks to share it.

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4 years ago

My pleasure. I hope you are having a great time here so for and enjoying this platform.

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4 years ago