Hi everyone.I want to introduce read.cash.read.cash is a cryptocurrency blogging platform where you can earn Bitcoin cash for creating posts and interacting with other posts from other authors so right off but there's two main important questions that most people probably want to know how much am I going to make and read.cash worth my time and second?How does the site actually work?So I'm going to attempt to answer both of these questions.The first and most important thing for many people is how much am I going to make and to answer that question we really have to understand that there are two separate ways to earn with read cash the first of these is by receiving upvotes so when you create an article when you write an article at the very bottom of the article there's going to be a icon a little box and it says encourage this author to write more and it has a little an upvote arrow and when someone upvotes your article that they send
cryptocurrency to you now this is where
read.cash is a little bit different than publish so X or uptrend if you're on uptrend you give an upvote. It's free to give if you're on publish so X and you give a tip it is free to give.Now if someone gives you an upvote on read.cash it actually is them directly paying you.So if you get an upvote someone's paying
for that it's coming out of their wallet and with that let's suppose I give someone a 10 cent Bitcoin cash equivalent I give them a 10 cent upvote 90% of that will go to the author 10% goes to supporting the website so as you
know on a lot of these sites specifically uptrend there's a lot of upvote forming basically that goes on right and what this does is it kind of mitigates that because giving an upvote you really have to believe that the content is really good and deserving
because that's actually coming out of your wallet so I do like that feature to an extent however we have to realize that it's kind of a circular flow if we're all just giving each other money where are we actually getting that funds from in the first place and that is where the point system comes into play now what read dash does is it basically
has a fund now the fund is the total amount of basically support that read.cash has and currently it's about thirteen thousand six hundred dollars.Article that gets accepted into a community more than 500 characters long is plus 20 points so here's the thing
you can publish whatever articles you
want on read.cash but if you're trying
to get this huge bonus that gets accepted into a community the content has to be exclusive so if you basically write an article on publish so X then you paste it here you're not gonna get that exclusivity bonus writing a comment in a short community more than sixty characters is four points writing a post
so you see that there's a variety of different ways that you can earn points and I don't want to go into too much you can look over that if you want so what I do want to do is show you a calculator of how this will work so the total fund currently is about thirteen thousand six hundred and thirty-five dollars they pay out point zero five or a point point
five percent per day which in decimal form is point zero zero five so total they're gonna be paying out at the current rate about sixty eight dollars per day now let's suppose that I
earn five points which is typically what I earn I'll log in and I'll get credit for at least one one comment right so that's five points and let's suppose that for the day there is 10,000 comments or 10,000 points total earned on the site so my share of those points is point zero zero zero five so I take the total payout times my fraction of the points and that's when you get my payout for the day so my payout would be about point zero three so in reality I'm earning about one cent per day on Read.cash so my I would imagine that there's
about 20,000 points worth of activity being generated each day because that would kind of line up with what I'm getting so I realized that I'm new on read.cash and that it can take a while to build up an audience so I could show you a post that I've written on
read.cash and say oh I didn't earn anything on this it's totally worthless but that wouldn't really be fair to read.cash because I've not had time to build up an audience so I did a post on read.cash.A few days ago Scott Cunningham wrote crypto and blockchain social may metrics earnings report and on publish o X here about two dollars and fifteen cents whereas on Read.cash if we scroll down.No more today!