Creator Coin Investment
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BitCloud is a social platform that combines social media with financial markets, creating a stock market for people's reputation through creator coins. Users can invest in people by buying their tokens, with prices rising and falling based on purchase activity.
Key Points:
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Core Platform Mechanics:
- Combines elements of Robinhood and Twitter
- Users can buy "creator coins" tied to specific people
- Coin prices increase when people buy, decrease when they sell
- Platform accessible at bitcloud.com
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Growth Strategy:
- Scraped Twitter profiles without permission to populate platform
- Secured $100M in investor funding
- Pre-loaded influential Twitter accounts with money
- Example: $55,000 in Shaan's account
- Users must tweet about BitCloud to claim funds
- Creates viral growth through influencer marketing
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Investment Potential:
- Early adopters seeing significant value appreciation
- Market caps reaching $170,000-$200,000 for some creators
- Real money transactions occurring
- Example: $10,000 cash out through Coinbase
- Some users investing $100,000+ into the platform
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Risk Assessment:
- Speaker estimates 2% chance of long-term success
- If successful, potential for 10x+ returns
- Currently in early adoption phase with crypto enthusiasts
30:23 - 31:55
Full video: 01:18:04SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.