I got curious about what it would actually take to reach that fabled $25 cash out level and I happened upon something extremely concerning. That being the value of Ink changes drastically between purchasing and giving.
Just going off the absolute base level of 1600 Ink for $2, that's 800 Ink for $1. Meaning 1 Ink is worth $0.0125 at purchase (that's 1 1/4 cents).
But then I saw someone say they got their first 25 Ink and it was only $0.02. That's a value of just $0.008 per Ink.
Based on that, if someone bought $100 worth of Ink, that would be 80K ink. And they generously gave it to one single creator. To that creator, at the values given it would just be only $64.
For those playing along, that's a drop of 36%.
I totally get that Tapas needs to take their cut, but that comes when the creator cashes out so that isn't even part of the equation yet. So can someone shed a bit of light on what's happening here?