Want to know just how threatened social media platforms are by ecosystems like Bitclout?


➡️ TikTok plans to pay creators $1B in the US over the next three years, and more than double that investment globally.

➡️ Spotify launched a fund in June to pay creators for building content and community on its new Clubhouse competitor, Greenroom.

➡️ Snapchat is paying creators at least $1M per day. The company claims it has created several millionaires as a result.

➡️ YouTube created a $100M YouTube Shorts fund that will be doled out through 2022.

➡️ Pinterest launched a $500K fund where creator-participants can earn $25K and access hands-on training to help them succeed on Pinterest.

➡️ Clubhouse launched the Creator Grant Program and unveiled features that allow for tipping, tickets, and subscriptions.

If this doesn't signal why you should invest your time in Bitclout, not sure what will 🤷‍♀️


Source: Indie Hackers Newsletter.



Very informative post. Bitclout is the Golden Goose which lays Golden Egg

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Does this signal that they're threatened by a competitive technology, like Bitclout, or that they recognize the importance of attracting and retaining micro influencers/creators in driving engagement on their platforms? 

VP Communications at Grayscale. NYC. Sharing (what I think are) interesting observations, musings & learnings- and some shit posts. :)

Twitter/IG: @Jenn_Rosenthal

- Former Founder of Tokenomx 
- Currently, Head of Operations @toclout.
- Productivity Nerd
- Serial Startup Entrepreneur



