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The creator economy is about to CHANGE...
Have you heard about this new BitClout thing?
Here's EVERYTHING you should know about it
Time for a thread
Have you heard about this new BitClout thing?
Here's EVERYTHING you should know about it
Time for a thread
Imagine if you could've invested in @mkbhd or @MrBeast 10 years ago.
Not something they built but literally THEM.
Them, as a brand.
Not something they built but literally THEM.
Them, as a brand.
Well now, you can.
Invest in people and their "creator coin" before they become HUGEEE...
Woahhh
Invest in people and their "creator coin" before they become HUGEEE...
Woahhh
1/ Q. What is Bitclout?
It is the stock market for people.
Every user has their own coin and a price.
It's a social currency platform.
It is the stock market for people.
Every user has their own coin and a price.
It's a social currency platform.
You believe that someone will grow to become more reputable and popular in 5 years' time?
Invest in them by holding some of their creator coins.
Invest in them by holding some of their creator coins.
Investing in creators using BitClout is a way to bet on people.
Belief = Holding their creator coin.
Belief = Holding their creator coin.
For example,
Here are some people that are showing their belief in me by investing USD in my creator coin ($aaditsh)
Here are some people that are showing their belief in me by investing USD in my creator coin ($aaditsh)
2/ Q. How does the value go up up up?
more people buy = value appreciates
more people sell = value goes down
Easy enough...
more people buy = value appreciates
more people sell = value goes down
Easy enough...
3/ How it started
The top 15,000 Twitter influencers automatically have a profile and coin on BitClout.
Their coins are available to be traded on the social network.
The top 15,000 Twitter influencers automatically have a profile and coin on BitClout.
Their coins are available to be traded on the social network.
These Twitter influencers can login and "verify" themselves on BitClout to start betting on other people...
Or even hold their own coins.
(And get rewards when other people buy their coin)
Or even hold their own coins.
(And get rewards when other people buy their coin)
4/ @chamath and @rrhoover have already verified themselves on BitClout.
Meaning this BitClout thing is definitely not complete BS...
Meaning this BitClout thing is definitely not complete BS...
5/ You can go make your own BitClout to get started if you wish.
Then tweet it like this: https://twitter.com/aaditsh/status/1375163646737780738?s=20
Then tweet it like this: https://twitter.com/aaditsh/status/1375163646737780738?s=20
The value of my $aaditsh has already gone up from $13 to about $200 in 3 days
WWHATTT
WWHATTT
6/ Shaan Puri makes $50k
As soon as @shaanVP verified himself on BitClout,
He received his founder reward by tweeting it out. https://twitter.com/ShaanVP/status/1374948998671343617?s=20
As soon as @shaanVP verified himself on BitClout,
He received his founder reward by tweeting it out. https://twitter.com/ShaanVP/status/1374948998671343617?s=20
This is because his coin was being traded even BEFORE he joined the social network.
People were buying his creator coin as they believed that when he joins, it will appreciate in value.
Genius.
People were buying his creator coin as they believed that when he joins, it will appreciate in value.
Genius.
But the $50k he received as a reward is NOT withdraw-able yet.
Why? Read on...
Why? Read on...
7/ Q. But.. But... How do I make money?
→ You can transfer money INTO BitClout
→ You can buy and sell coins ON BitClout
BUT you CANNOT withdraw your BitClout holdings to cash (liquidate) yet.
I get you. This seems like a scam then, right?
→ You can transfer money INTO BitClout
→ You can buy and sell coins ON BitClout
BUT you CANNOT withdraw your BitClout holdings to cash (liquidate) yet.
I get you. This seems like a scam then, right?
8/ Q. Why can't you withdraw? What's the point then?
As BitClout is still in its early stages, if people came in and cashed out their holdings and left,
The network would crash very easily.
As BitClout is still in its early stages, if people came in and cashed out their holdings and left,
The network would crash very easily.
People must hold their money in creator coins until it becomes big enough to allow transactions to liquidate into cash.
9/ Q. Who built BitClout? What if it's a scam?
The people behind BitClout have not yet publicly "revealed" themselves.
The people behind BitClout have not yet publicly "revealed" themselves.
However, @shaanVP 's friends say that they know the founders well and that the founders of BitClout are reputable in the tech scene.
10/ Q. How legit is this though?
It is backed by top-tier VCs.
Note: it does not mean that everything is 100% right with BitClout though.
It is backed by top-tier VCs.
Note: it does not mean that everything is 100% right with BitClout though.
You can put money onto the platform.
But cannot take it out, yet?
It might end up being something totally ridiculous.
But cannot take it out, yet?
It might end up being something totally ridiculous.
... All we know right now is that it is backed by legit people.
It's not made by some random dude playing around on the internet.
It's not made by some random dude playing around on the internet.
However...
The actual founders have not revealed themselves
So, there's still a chance that all these "smart" individuals involved are wrong.
The actual founders have not revealed themselves
So, there's still a chance that all these "smart" individuals involved are wrong.
11/ Q. So, should I hop on BitClout?
IMO, I think you should get on BitClout.
There are two ways creator coins (in general) will go up in value for a particular creator:
1. BitClout gains more clout
2. Creator gains more clout (more reputable and popular)
IMO, I think you should get on BitClout.
There are two ways creator coins (in general) will go up in value for a particular creator:
1. BitClout gains more clout
2. Creator gains more clout (more reputable and popular)
As more people are introduced to BitClout,
it will gain popularity.
it will gain popularity.
Start by creating a profile and making small investments in people you admire and trust.
Investing Bitcoin into the platform is a choice you have to make.
@RyanBegelman said that some of his friends have invested over 25% of their savings into BitClout
Take what you will with that...
@RyanBegelman said that some of his friends have invested over 25% of their savings into BitClout
Take what you will with that...
If you want to learn more about BitClout,
Do check out this amazing podcast episode by @myfirstmilpod ( @shaanVP and @thesamparr with @RyanBegelman) https://open.spotify.com/episode/1tJuwTNScwyvS2qNINZjKr?si=I-lRIdDlRCekdodg6n6-zw
Do check out this amazing podcast episode by @myfirstmilpod ( @shaanVP and @thesamparr with @RyanBegelman) https://open.spotify.com/episode/1tJuwTNScwyvS2qNINZjKr?si=I-lRIdDlRCekdodg6n6-zw
If you found this thread valuable:
1) Retweet the first tweet so that more people can learn about BitClout
2) Follow me @aaditsh for more value-packed threads https://twitter.com/aaditsh/status/1375836257805275143
1) Retweet the first tweet so that more people can learn about BitClout
2) Follow me @aaditsh for more value-packed threads https://twitter.com/aaditsh/status/1375836257805275143
DM me if anyone can’t get into BitClout.
I’ll send you the password :)
I’ll send you the password :)
What's your BitClout?
Drop it down below
Mine is: https://bitclout.com/u/aaditsh?public_key=BC1YLiPnVHqF4RAm1LEAMycjuRbdvkKadP9Ny3EWvewREra9DkpTtWn
Drop it down below
Mine is: https://bitclout.com/u/aaditsh?public_key=BC1YLiPnVHqF4RAm1LEAMycjuRbdvkKadP9Ny3EWvewREra9DkpTtWn
DAMNNN
