This post is going to be a little different as I won’t discuss any ICOs or guides today. Instead, I would like to talk about myself, what’s been happening over the last few months, and where I see cryptoin.com.au heading. This is something I’d like to do on a regular basis to get feedback from the community.
Readers have reached out to ask if the website is still running as it hasn’t been updated in a while. Although we haven’t published anything to the site, I can assure you all that a lot has happened behind the scenes. I am now in a position where I can talk about what has been happening over the last few months.
First and foremost, the reason for the pause in content… I personally received physical and legal threats from one of the ICOs I reviewed. While this was ongoing, I faced the possibility of having the site shut down or seized. As a completely un-monetised website (more on this below), I faced a tough decision. Dig into my personal savings and fight, or abandon the website. I chose to dig in and fight the claims. It was an extremely costly experience but at least I have a new ’Terms of Use’ page to show for it.
Secondly, despite my hiatus from this website, I’ve been busier than ever in Cryptoland. A quick recap of my last 6 months:
All of these opportunities and successes were only possible after making the decision to begin publishing my personal thought reviews for you to read. You motivate me to keep doing it and ensure I keep the quality quite high and unbiased.
On top of all this, we recently packed up our house and moved to a beach near Brisbane, Australia. Now that we are settled in, I have to admit that this is a beautiful area of the world to call home.
The topic that no one wants to talk about, especially in crypto. Running websites and dedicating time to provide these reviews takes a significant amount of resources. Most people in this space (including YouTubers and Twitterers) are receiving compensation in one form or another. As with everything, when the user doesn’t pay for a product, the user usually is the product. There have been a number of pump and dump scandals and many investigations into the practices of a few of the larger social influencers.
I have witnessed this behaviour through my work with ICO teams. It can turn quite predatory. Influencers often offer positive reviews for a cost, but I have seen some revert to demanding payment to prevent a negative review. These are simply not acceptable options for me.
Recent events have shown me the importance of generating some income to cover unexpected events. Generating revenue would also allow me to spend more time producing content, or hiring third parties to provide research or draft articles. Some thoughts that I have had on monetising the website are:
These are just some ideas I have been throwing around. I feel no urgency to enable these options just now, but I would be shortsighted to not begin considering my options. The longevity and sustainability of the website is paramount.
That’s it. I apologise for the lack of reviews recently and I’m looking forward to being back and producing more content for the community. Plus, I’m pretty excited to be able to say ‘if you have any suggestions or comments, please signup and use the comment box below!’ :).
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