Coil Income Report: March 2020

by | 3 April 2020 | Business, Content Creation | 5 comments

3 min read

Welcome to the third 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.

This Month’s XRP Balance

My XRP balance for March 2020 that I received through Coil

Last month I received a total of 3.88906 XRP, which corresponds to a decrease of -26 % compared to the previous month. With the exchange rate of XRP/EUR on the last day of the month that was worth roughly 0,63 €. That corresponds to a decrease of -43 % compared to the previous month.

I wasn’t as active with publishing and promoting my posts compared to February. Might be part of the explanation for this drop.

This Month’s Traffic Analytics

Chart of my blog traffic analytics for March 2020

Let’s measure it against my blog traffic analytics from last month.

As you can see above, I had 523 unique visitors on my blog in the past month. Divided by the amount I earned through Coil makes 0,001 € that I earned per visitor.

One more thing happened this month, which caught me by surprise — I received my first boosting payment from the Coil boost program.

On March 20, I received an extra 438.752828 XRP, which was worth $ 72.49 at that moment. I am beyond humbled, very grateful, and really excited to continue working with this new technology and sharing my experiences along the way.

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.

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PatriciaC

Even if the value per visit is not huge well done Benny, still awesome to be a pioneer!

mirrae

Looks like to up vote the post we have to go back to the Coil application. I wonder if there is a way to implement in WordPress?