Exchange Rate
One thing that I really like about Persona Paper is being able to see the current exchange rate. I was wondering if anyone knew when the exchange rate was going to go up? I understand that the site is fairly new and there are not that many members. I am in know hurry or anything for the exchange rate to go up. I just wanted to know if there is an idea or estimation on when the exchange rate will go up. I have been curious about this since I joined the site. I thought maybe the creators of the site might have said they had a time frame they were hitting for or something. And maybe they just posted about it before I joined.
Comments
elitecodex wrote on July 23, 2014, 1:30 PM
Regretfully it is a direct relation to how much money we have available to pay out versus how many coins we have given out. Just to give you an idea, thus far at the current exchange rate we have given out over 10 times the amount of ad revenue we have pulled in... so we are still in the red. Anything to date that needs to be paid out needs to come out of our pockets.
We have lately had some promising aspects come to fruition with a handful of small ad networks lately, but it is still to be seen as to how much that will bring in. Long story short, we have no idea how long it will take.