Thursday, January 28, 2021
Bitcoin Market News
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos
Bitcoin Market News
No Result
View All Result

Bitcoin Cash-Fueled Blogging Website Read.cash Raises Over $100K for Collective

7 months ago
in Cash
4 min read
Bitcoin Cash-Fueled Blogging Website Read.cash Raises Over $100K for Collective
Share on FacebookShare on Twitter

Related articles

Man Jailed For Defrauding Crypto Investors

Man Jailed For Defrauding Crypto Investors

January 28, 2021
BTC Wine sees demand spike following Bitcoin bull run – Drinks International – The

BTC Wine sees demand spike following Bitcoin bull run – Drinks International – The

January 27, 2021


A few months ago news.Bitcoin.com reported on the web portal read.cash, a blogging website fueled by bitcoin cash that rewards users in crypto for producing content. Just recently, read.cash initiated a fund that aims to provide the blog’s regular users with more paid upvotes by raising funds through a “collective initiative.” On June 25, read.cash revealed that the fund has raised over $100,000 so far.

There’s a web portal called read.cash that allows people to fund content creators with bitcoin cash (BCH) payments. News.Bitcoin.com reported on the project months ago, as the project has gathered a great number of users. On January 29, 2020, close to $6k in bitcoin cash tips were paid to read.cash authors in 24 hours.

Two months ago, the author who runs the web portal, Read.Cash, announced the launch of a fund that aims to bolster the blogging site’s incentives.

“Let me tell you about one little experiment that we’re working on. A lot of new authors on read.cash complain that it’s pretty hard to get a paid upvote. And that’s true. We want to try to change that situation,” he wrote. The read.cash owner further stated:

To support our users we created what we call “the read.cash fund” — It’s not a fund in the traditional sense, but rather a collective initiative where each participant agrees to pay read.cash authors some amount daily. The fund exists only in the browsers of donors (we are not holding donors money, their browsers do). Since they always control their money, they can cancel their pledge at any time. Which also means that the payments are done only when donors come online.

The fund initially had raised $3,658 in BCH, and on June 25, 2020, the read.cash owner announced that the fund surpassed $100k thanks to one donor. “Our most generous donor Marc DeMesel has decided to increase his pledge to the read.cash fund to a total of $97,000 thereby getting our fund to $100,000,” the read.cash admin stated.

The donation from DeMesel gives the read.cash fund a total of $100,658 to-date, according to the post’s author. Since the launch of read.cash, the blogging platform has changed it’s look and has added a number of new features as well.

Signing up for read.cash is fairly intuitive and takes only a few minutes to get started. All a person has to do is register, accept the welcome message, and obtain the 12-word seed phrase for the read.cash native bitcoin cash wallet.

One read.cash author was extremely pleased with DeMesel’s donation and the rest of the Bitcoin Cash community members who donated to the fund.

“I consider these funds as a small bonus for my crypto blogging efforts. Which might grow as the quality and the readership of my content grows. As it becomes more readable and useful,” the author Cryptotexty wrote.

“Read.cash [is] and interesting system when the fund distributes points every day, so not only you can get direct monetary upvotes to your articles, but also some funds for reading,…



Read more:Bitcoin Cash-Fueled Blogging Website Read.cash Raises Over $100K for Collective

Tags: 100KBitcoinbitcoin news todayBloggingCashFueledCollectiveRaisesReadcashwebsite

Related Posts

Man Jailed For Defrauding Crypto Investors

Man Jailed For Defrauding Crypto Investors

by Bitcoin Market
January 28, 2021
0

Share Tweet Share Share Share EmailJerry Ji Guo was sentenced to six months in jail for defrauding investors of...

BTC Wine sees demand spike following Bitcoin bull run – Drinks International – The

BTC Wine sees demand spike following Bitcoin bull run – Drinks International – The

by Bitcoin Market
January 27, 2021
0

Lasserre & Papillon, a negociant based in Bordeaux, set up BTC Wine when Bitcoin enjoyed a remarkable bull run...

Bitcoin On Bullish Momentum: 0.2% Up In The Last 6 Hours

Bitcoin Cash USD On Bearish Momentum: 4.55% Down In The Last 6 Hours

by Bitcoin Market
January 27, 2021
0

Bitcoin Cash USD is currently on bearish momentum. At 01:04 EST on Wednesday, 27 January, Bitcoin Cash USD is...

American Cancer Society launches first-ever Crypto Cancer Fund

American Cancer Society launches first-ever Crypto Cancer Fund

by Bitcoin Market
January 26, 2021
0

In collaboration with crypto donations company The Giving Block, the American Cancer Society has set up the Cancer Crypto...

Bitcoin Drops, Drags Ethereum and Altcoins Lower

Bitcoin Drops, Drags Ethereum and Altcoins Lower

by Bitcoin Market
January 26, 2021
0

Bitcoin price gained momentum above the USD 33,500 resistance, but it failed to stay above USD 34,500. BTC started...

Load More

Trend Now

  • Trending
  • Comments
  • Latest
Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to ‘Front Run Wave of

Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to ‘Front Run Wave of

December 11, 2020
Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation

Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation

December 21, 2020
Argo Blockchain boosts mining margins in July

Argo Blockchain boosts mining margins in July

August 5, 2020
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

May 19, 2020
Three Gorges Dam Collapse Mining Threat, China Banks Ban Buying Gold: The Bitcoi…

Three Gorges Dam Collapse Mining Threat, China Banks Ban Buying Gold: The Bitcoi…

December 4, 2020
The Most Secure Cryptocurrency Wallets for Different Users

The Most Secure Cryptocurrency Wallets for Different Users

November 1, 2020
Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

0
Bitcoin daily chart alert – Bullish chart pattern develops – May 19

Bitcoin daily chart alert – Bullish chart pattern develops – May 19

0
Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

Calvin Ayre Invests in True Reviews: A New Take on Consumer Review Sites Built on the

0
J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

J.K. Rowling Twitter Storm shows the Crypto Ecosystem Needs to Mature – CityAM

0
Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

Crypto.com’s MCO Visa Cards Are Now Shipping In Europe – Fintech Singapore

0
Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

Elon Musk tried to explain Bitcoin to JK Rowling on Twitter and this happened

0
Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

January 28, 2021
Mooncard, Flying Blue Team For Travel Benefits

Mooncard, Flying Blue Team For Travel Benefits

January 28, 2021
S&P Global: Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin

S&P Global: Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin

January 28, 2021
Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

January 28, 2021
Bitcoin price dips below $30K but here’s why pro traders are still bullish

Bitcoin price dips below $30K but here’s why pro traders are still bullish

January 28, 2021
GCGC Launches Global Crypto Mining Initiative

GCGC Launches Global Crypto Mining Initiative

January 28, 2021
  • Contact Us
  • Terms of Use
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA

© 2020 MarketForBitcoin.com

No Result
View All Result
  • Home
  • Bitcoin
  • Market
  • Cash
  • Price
  • Beginners
  • Gold
  • Private
  • Cryptos
  • Investors
  • Technical
  • Crash
  • Spam
  • Stock
  • Blockchain
  • Videos

© 2020 MarketForBitcoin.com


    Warning: Invalid argument supplied for foreach() in /home/marketforbitcoin/public_html/wp-content/plugins/cryptocurrency-pricing-list/inc/ccpw_frontend_ticker.php on line 162