Creator-coins on decentralized platforms like Bitcloud let fans buy a creator's token early, earning returns as the creator grows while giving creators upfront cash. Creators can sweeten the deal with exclusive perks for token holders, turning followers into shareholders instead of just fans.
Uh, and so, you know, someone like Sam, basically, I, I know Sam. I say this guy, and I see his videos. I'm like, oh, these, these are great videos. He's only getting, you know, a couple thousand views, let's say right now. But it, I, it basically what, what this world would let me do is as an early believer, I can bet on Sam. I could say, I like this guy's content. I think this guy's gonna blow up. And I can kind of vote for his success. I can give him some, so I can buy his coin, which gives him money to like make better content. It gives him a little boost. Of morale to keep going. But it also lets me go on the ride with him because I think we've all been there before. We discover a band early or a brand early or an influencer early, and then sure, you're, you're, you believe in them and you're so, you're so right. They actually do take off. They never knew you. They never had a real relationship with you. And you didn't benefit from the fact that, you know, Kim Karda— if you knew Kim Kardashian back when she was just Paris Hilton's closet organizer, and you thought she was great, you missed out on the ride. And, and so this lets your true fans go on the ride with you and it turns your your fans into sort of shareholders with you. And so, oh bro, I study this stuff. You know, Kim Kardashian, where did this come from? I have to know. I must know. And, and sure enough, there, there's a story. And so, you know, Sam, let's say I would bet on Sam. Sam would get that cash flow. Sam could use that to make a cooler video. And when Sam makes that video and he gets more followers, they have to buy in at a higher price point than I did because now Sam's more established. So my stock is going up. I'm, earning instead of just following, right? I own instead of just following, which is the way the world works today with Twitter and Instagram. You just follow, you don't earn. And then this, the, you know, furthermore, Sam could say, hey, you know what? How do I make my coin really valuable to hold? What if I kind of OnlyFans it and I said, I'm gonna do some exclusive stuff with only my coin holders who hold over 100 of my coin. So it's up to him to decide if he wants to make his coin more juicy, more, more enticing to hold. Which again will make my stock go up. If I know Sam's the kind of guy, he connects with his fans, he's going to put in the effort, that's going to make these coins more valuable. And so it takes this idea that's been around for a long time, the 1,000 true fans, the thing that any artist knows that they need, those real believers, and it turns them into people who actually benefit from your rise. And so that's what I think— that's the good thing that I think will come of this, aside from, you know, destroying Facebook and all that good stuff. I think the good thing that will come of this, it'll make being a tastemaker and a curator, like a job pretty much. You can actually get paid for having good taste, for following, for believing in somebody early on, which is the way that things should be, I think.
Yeah. Sean, how are you better at explaining this than me? Also, I, I, I'm kind of, uh, I'm not offended, but, uh, that's awesome.
Well, dude, when I first shouted out Bitcloud, I got a lot of shit. I was like, okay, I gotta come up with a reason that I like this besides I think this is gonna make a lot of money for me. So I started thinking about what is the appeal here? And I had to kind of defend myself. And in doing so, I had to come up with a case of why does this show matter at all besides just being a gamble?
Yeah, that's true. I did. I remember it. But yeah, Sean, just to add, which is really interesting, like you said, there's actually never been a way to actually invest in someone when they're small and make money on their rise like in like this easily, this efficiently. And what's really interesting is there's actually yet another interesting kind of like layer on it, which is once you invest in someone, your bias is to be supportive. Your bias is actually to be, hey, I want this guy to succeed. I want this person to be something. And you can align in a way that you can't really on like, you know, without that mechanism, like being able to buy into someone, you know, creates kind of an incentive that doesn't exist. And what's crazy is that even Bitclout, you know, Bitclout, Diamond, all these apps, they're actually very positive discourse. A lot of it, even though there's not really any kind of— there's less moderation than traditional social media. And the reason, I think, is basically you're investing in people. You're going long. And when you give people the ability to move money around, people naturally go long. And when they go long, they actually get aligned and want to support you. And so weirdly enough, I love when people say money is the root of all evil, money is bad. And I think that's part of why people reacted weirdly to Bitcloud, because like, oh, money, prices, whatever. But like, if you just look past that for 2 seconds, you'll see that it's actually being used as an alignment tool that's making a lot of positive things happen that haven't happened before.
