According to the Australian Financial Review, Checkonchain, a leading Australian crypto research and newsletter platform, has about 30 thousand subscribers, of which around 3 thousand are paid subscribers, with annual recurring revenue (ARR) reaching about $1.4 million, making it one of the highest-revenue Substack publications in Australia. Checkonchain was founded in 2024 by James Check and others. It mainly provides market insights to investors by analyzing Bitcoin on-chain data. Substack says that the total number of paid subscribers in the Australia and New Zealand region has now reached about 100 thousand.

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UnderTheGlassDome
· 8h ago
In the ANZ region, there are 100,000 paid users, 3,000 encrypted pieces of content, and the penetration rate is still very low.
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Cream-ColoredCross-ChainBridge
· 11h ago
Founded only in 2024? The growth curve is a bit too aggressive—fully catching the bull market upside.
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RedGlass
· 11h ago
$1.4 million ARR on Substack is a top-tier player in Australia and New Zealand, but seen globally there’s still room to grow.
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GateUser-d2b4d9c6
· 11h ago
3,000 paid / 30k subscriptions, with a 10% conversion rate—these figures are healthy in the newsletter.
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SpiralCandlestickCollecting
· 11h ago
James Check sounds too perfectly aligned with the brand—it’s like they were born to do this.
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UnderTheWisteriaBridge
· 11h ago
On-chain data is definitely a crowded space, but getting to ARR in the millions of dollars shows that there are genuinely people paying for it.
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