Introducing Writer Coins
AI summary of the linked articleParagraph is introducing writer coins, a way for readers to back a writer's work, signal that they were early supporters, and share in the writer's growth over time. Writers can launch a coin and send rewards of about 5% of the total supply to past supporters, including Paragraph and Mirror collectors, post coin buyers, current subscribers, and Farcaster and Base app followers. By default, coins are paired with Wrapped ETH, though writers can pair them with their Zora or Base app creator coin, which grows in lock-step with the writer coin. The company says it plans to add recurring purchases and reward mechanisms for actions such as shares and comments. |
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7 comments Actually since yesterday have been receiving rewards from writers for my ‘support’ whatever that means. Finally getting paid for all the reading I do :) Could get profitable to curate Kiwi News lol.  How are you receiving rewards? Sorry I'm a bit out of the loop on this. Also: I thought they had launched this already? Or did they launch article coins and now they're launching writer coins?  rvolz.ethSubmitter They had rewards per article previously, but not as coins, IIRC. Now, you'll get an allocation by the writer or simply "participate in the growth of the coin", it seems. Is it the nearing Christmas time or the method that reminds me of $KIWIMAS? Wow, the site is still there: https://kiwimas.com/. How does one get the writer coin by default? I saw some „long time reader“ get the AVC coin. But is that based on who subscribed? Guess I‘m rugged again, not subscribed to many Paragraphs 😬 found this readers who were early supporters, either by collecting (liking/saving) their posts or by being subscribers. and / or If a writer "pairs" their new Paragraph writer coin with an existing coin they hold on another platform (like Zora), holders of that original coin can also be rewarded when the new writer coin is launched |