Tiered Stakeholder Rewards
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BitCloud is a blockchain-based social network that allows people to speculate on individuals through creator coins, with various mechanisms for monetization and engagement.
Core Creator Coin Mechanics
- Every profile gets its own coin that can be bought and sold
- Top 15,000 Twitter influencers pre-loaded into platform
- Users claim profile by tweeting public key
- Founders receive rewards for claiming their account
- Coin value tied to person's reputation and popularity
Stakeholder Access Tiers
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Private Meetings/AMAs
- Exclusive access to creator for coin holders above threshold
- Q&A sessions limited to those with minimum coin holdings
- Direct interaction with creator based on coin ownership level
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Priority Messaging System
- Paid messaging requiring specific coin amount (e.g. 5 coins)
- Guaranteed response from creator for paid messages
- Inbox prioritization based on coin holding amount
- Filters spam by requiring "skin in the game"
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Content Monetization
- Sponsored post system based on coin payments
- Exclusive content access for monthly coin holders
- "Money likes" system where liking requires micro-payments in creator coins
- Creator earns from viral content through like-based coin purchases
Economic Incentives
- Creators get 10% of coins from each purchase (default)
- Option to reduce creator take rate to encourage investment
- Coin holders benefit from creator's growing popularity
- Creates aligned incentives between creators and supporters
Growth Mechanism
- Pre-loaded profiles create immediate liquidity
- Founder rewards incentivize platform adoption
- Viral mechanics through required tweets for claiming
- Network effects from speculative trading and access benefits
15:43 - 17:56
Full video: 28:52SP
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.