Welcome to the second edition of my Coil income reports, which I publish monthly.
Having Coil integrated into this WordPress website enables me to receive tiny micropayments streamed to me in real time as visitors are reading my articles — provided they have an active Coil subscription.
While it is also possible to receive those payments in US dollars, I am receiving mine in XRP, which is a cryptocurrency used for different use cases.
Let’s take a look.
This Month’s XRP Balance
My XRP balance for February 2020 that I received through Coil
Last month I received a total of 5.248389 XRP, which corresponds to an increase of +67 % compared to the previous month. With the exchange rate of XRP/EUR on the last day of the month that was worth roughly 1,11 €. That corresponds to an increase of +66 % compared to the previous month.
Especially as the price of XRP stayed roughly the same compared to last month, I am happy to see this increase.
This Month’s Traffic Analytics
Chart of my blog traffic analytics for February 2020
Let’s measure it against my blog traffic analytics from last month.
As you can see above, I had 457 unique visitors on my blog in the past month. Divided by the amount I earned through Coil makes 0,002 € that I earned per visitor.
As mentioned in the first report, the actual amount from other readers might still be a lot lower, as payouts are also generated by me visiting or editing on my own website.
You can check out all my monthly Coil income reports, which I create to track the development and perceived adoption of Coil.
If you have any questions, feel free to drop them in the comments below this article.
If you are curious to find out how to integrate Coil into your own WordPress website or blog, check out my step-by-step guide on how to do it.