Social Currency Trading

BitClout is a blockchain-based social network that allows users to speculate on people's reputation and influence through tradeable personal cryptocurrencies ("creator coins").

Core Concept

• Social network where every profile has its own cryptocurrency token
• Users can buy/sell these personal tokens, betting on someone's future reputation/influence
• Built on blockchain with no company behind it - "just coins and code"

How It Works

• Pre-loaded profiles for top 15,000 Twitter influencers
• Users can claim their profile by tweeting their public key
• Default 10% "founder reward" given to profile owners from purchases of their coins
• Profile owners can adjust their reward percentage (some set to 0% to encourage buying)

Value Proposition

• Token prices tied to person's reputation
• Prices rise/fall based on:
  • Public achievements (example: "Elon landing on Mars")
  • Public failures (example: "making controversial statements")
• Future utility for token holders:
  • Access to exclusive AMAs/Q&As for large token holders
  • Stakeholder meetings with the person

Growth Strategy

• Password-gated access creates exclusivity/hype
• Incentivizes influential people to join through valuable founder rewards
• Viral growth through required tweet verification to claim profiles

Current Status

• Site experiencing heavy traffic/downtime
• Early adopters seeing significant returns (example: $2,000 investment turning into $6,000 overnight)
• Backed by reputable tech founders and tier 1 VCs