About a month ago, READ.CASH introduced their Affiliate Program. They chose for a setup where all links to articles you share become de facto affiliate links. Every user who signs up to the platform through your affiliate link, and starts spending on upvotes or starts earning by publishing articles will earn you money.
I'm convinced this is a very powerful scheme, essentially motivating every READ.CASH user to become an active shill for the platform. I feel the chosen strategy, using the sites content to pull in new users is a solid one. It's already a common practice to share content on the internet, so it only makes sense to use that behaviour to motivate shilling the platform.
But, I think we can take it one step further. Right now you only get rewarded when users sign up through your shared affiliate link. What if we also reward affiliates on every upvote an article receives through their affiliate link? By users already singed up to the platform.
Additionally rewarding affiliates for every financial action solicited through their affiliate links would give a great boost to massively distribute read.cash content on the internet and pull in fresh users. Effectively building an army of marketeers, without hiring a single one.
This would also be a great incentive to have users create curated article lists and have the moderators paid for their efforts. Effectively building an army of moderators without hiring a single one.
Let content creators choose what percentage of their earnings they want to spend on affiliates. This way content creators have a tool to entice shills to make more effort on shilling their content. Creating some sort of market place for promotion.
I can easily see building bots to spread the content on other platforms become a lucrative business. This sounds like an epic win for READ.CASH and its content creators to me.
I'm sure we can come up with more lucrative schemes that are a win-win-win situation for content creators, the platform and its shills. I would love to see your ideas in the comments.
Affiliate links to get new users to sign up
Affiliate links to spread content far and wide
Curated article lists populated with affiliate links paying the moderator
In the Bitcoin Cash ecosystem we haven't yet harnessed the full potential of affiliate schemes. READ.CASH is making a great effort here and is a prime example to imitate in that regard.
We're building a new non-custodial financial system, we should harness the powers it bestows upon on us and let it do the work for us. This is an easy one.