A few months ago reported on the web portal, a blogging website fueled by bitcoin cash that rewards users in crypto for producing content. Just recently, 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, revealed that the fund has raised over $100,000 so far.

There’s a web portal called that allows people to fund content creators with bitcoin cash (BCH) payments. 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 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 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 owner further stated:

To support our users we created what we call “the fund” — It’s not a fund in the traditional sense, but rather a collective initiative where each participant agrees to pay 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 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 fund to a total of $97,000 thereby getting our fund to $100,000,” the admin stated.

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

Signing up for 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 native bitcoin cash wallet.

One 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.

“ [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, commenting, etc., which are distributed on daily basis,” the author concluded.

What do you think about the fund? Let us know what you think in the comments section below.

The post Bitcoin Cash-Fueled Blogging Website Raises Over $100K for Collective Initiative appeared first on Bitcoin News.

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