BitClout Could Be the Future of Social Media — Here’s How Creators Can Benefit
The platform transforms the creator-supporter relationship.
I’ve gone down down the BitClout rabbit hole for the past few days. Some say it’s the future of social media and more; some say it’s a scam. It’s exciting to watch and the growth is insane.
The platform is worth over $1 billion only a few months in.
As I did my research, I came across the story of Blockchain entrepreneur Mario Nawfal and his project, BitcloutHoldings. It took off and raised $1 million 10 minutes after launch; then another $4 million the next day. The project shot up to rank seven on the site.
Nawfal shared his key lessons from the experiment in a video series, and there’s a ton of potential for creators on the platform.
Quick Recap: What the Heck Is BitClout?
Simply put, BitClout is a social token marketplace where you can buy shares in somebody’s influence (be it an influencer, creator, brand or project).
Each profile has a coin. Like stocks, demand and the number of circulating coins define their value. When you purchase a “creator coin”, you invest in someone’s reputation.
