Brian Clark delivers a good intro to creator coins 👈
Creator coins are a custom-branded form of digital currency. Effectively, this means you can create your own cryptocurrency and develop a virtual economy around your digital business.
One interesting example is The Tilt newsletter, which pays you $5 USD worth of their $TILT coin when you subscribe, and another $5 worth for every subscriber you refer to them. The more $TILT you hold, the more perks you get access to, such as merch discounts, access to a private Discord group, etc.
Many creator coins operate a bit like Patreon, but instead of patrons paying monthly, they buy and hold your coin and thereby become more invested in your success – because the bigger you become, the more your coin is worth.
BitClout did a lot to put creator coins on the map earlier this year, but that platform is looking increasingly shady 😈…
Rally.io seems like a much better alternative for anyone looking to launch their own coin. Here’s an excellent in-depth analysis of the pros and cons of that platform, and creator coins in general.