Since a lot of users still are confused about how the point system works:

Basically, it's like this. The fund distributes 0.5% each day, so right now it's $15,000 * 0.005 = about $75 per day.

Yesterday, all users accumulated about 20,000 points, so each point on average is $75/20000=$0.00375.

But then the personalized rate kicks in - if you are writing good interesting original content and publish it on read.cash only - you might get many-many-many times more than a user who tries to copy-paste from Facebook each day or writes short questions only.

It makes sense to reward writers who put a lot of effort and penalize Ctrl+C/Ctrl+V mindless workers (who are violating the copyright law in the process).

Also note that soon we'll start implementing Steps 3 and 4 from our plan here, so most of the communities will become demonetized (not giving out any points) for enabling plagiarism.

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@Read.Cash posted 3 years ago

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That's nice. I would love to make it simple to understand for newbies and maybe point out they can earn points which will be converted in bitcoin cash. Maybe work on a nice landing page which will convert better.

I am driving a test now, giving comments for an hour to see how many points I will be able to get.

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3 years ago