BitClout Discussion

Creator coins are a new type of asset class that is tied to the reputation of an individual, rather than to a company or commodity. They are truly the first tool we have as a society to trade "social clout" as an asset. If people understand this, then the value of someone's coin should be correlated to that person's standing in society.

Admittedly, I thought a bunch of the ICOs in 2017 were a joke, I don't believe that many of the NFTs today will hold value, I don't find the asset price increases of meme images intellectually interesting, I think a lot of these “communities” are overrated, and despite being a beneficiary financially of this movement, I am a bit mindblown/bothered ... See more

I wonder if there are two angles to use crypto in “financing” for creators and communities. One is the traditional financing angle: people need money to create things. The second is that it’s actually all about distribution. Creators or communities often don’t need the money. For example, how much does it cost for Charli D’Amelio, the most popular ... See more