The Painite

  • Start Here
  • Success Stories
  • About Me
  • Contact Me
You are here: Home / Make Money Online / How To Make Money With BitClout?

How To Make Money With BitClout?

April 3, 2021 By Harsh Nagar 2 Comments

Hey everyone, It seems like everybody on the Internet is talking about BitClout this month. All the influencers are promoting it. I saw Mr. Beast (Youtuber) And Chamath Palihapitiya (Venture Capitalist) tweeting about it. All the industry insider were talking about it too. Every creator was settings there accounts up there.

Make Money With BitClout

I’ll be honest with you, I had no idea about what it was until about 3 days ago and chances are you don’t know what it is either but Don’t worry I did my research and I am going to break it all down for you. 

So, Let’s get started….

Table of Contents

  • First Of All, What Is BitClout?
  • How Does BitClout Works?
  • How To Make Money With BitClout?
  • Conclusion
  • FAQs

First Of All, What Is BitClout?

It’s a half social media platform and half crypto currency exchange platform. In other word, BitClout = Twitter + Robinhood 

It’s basically a social network where you can bet on creators with real money and There are lot of other features as well. Such as…

  1. It is based on Blockchain.
  2. It’s an open source platform. It means there is no person or a company behind it.
  3. All Private messages are end to end encrypted.

How Does BitClout Works?

Just think every famous person on this planet Elon Musk, Kim Kardashian, Katy Perry and MKBHD. Everyone is on there and all they have a “Creator Coin” and the Value of the coin is determined by market demand like any other currency.

Top 10 Creator Coins - BitClout

IMO, Value of the coins are really crazy right now. So, if you look at the chart of Top 10 creators on BitClout this week then Elon musk coin is $91,000 and Mr. Beast coin is $39,000 and Logan Paul coin is $28,000.

How To Make Money With BitClout?

There are 3 popular ways to make money with BitClout.

  1. You can set a certain percentage of your “Creator Coin” that stays with you. For every coin you create, You can set 10% will go to you and that’s the default. You can set it at 0 to 100% but if you set it a 100% (Not Recommended) then there’s going to be no coins to trade so that’s probably not a good thing to make money with BitClout. 
  2. The much better way to make money is simply to bet on yourself after you set up your profile. Your coins are going to be worth the least amount ($0 Basically )because no one bought or traded with them yet so you buy a bunch of your own coins and hopefully you increase the popularity of your profile which I know most of you can do pretty easily if you are a good content Creator/influencer. After that, sell your coins and make a lot of money. 
  3. Trade other famous people coins just like stock market. A week ago, Elon Musk’s coin price was $65,000 and a month ago it was $45,000 only so If you’ve invested in Elon Musk Coin 1 month ago then you would have doubled your money already. because it is $91,000+ right now.

Now, Go check out BitClout and set up your profile so all of you can create your own coin and make a bunch of money.

Conclusion

In the end, BitClout is the latest buzz right now and I can see more people will adopt it soon. It allows you bet on people reputation and It is World’s first Crypto Social Network that can allow anyone to trade “Social Clout” as an asset. So if you think any coin is going to become more popular in future then you can trade that coin and make money if you buy it early than other people.

BitClout’s lead creator told the media that several major investors including Andreessen Horowitz (A Private American Venture Capital Firm) and Coinbase Ventures are involved in this project, a big sign of legitimacy for the platform as it is trying to disrupt both the blockchain space and social networking websites.

Follow Me On BitClout Today – Harsh Nagar

FAQs

What Is BitClout? (In Simple Terms)

BitClout is an open source social networking platform that is built on blockchain technology. It allows you to invest in the People with their creators coins. In Short, It is twitter but you can buy and sell shares of people who you think are going to be popular in the future.

How To Get Started With BitCloud?

Until April 1, 2021, BitClout was closed to public. They were having issues with massive traffic and servers and you needed a password to get in to the website. Now, They’ve removed the password and anyone can sign up with BitClout. Just go to BitClout.com and Setup your account with your Phone number and E-Mail. Make sure to save the initial passphrase because if you ever lose it then you’ll lose everything on that account. It’s not recoverable at all.

Can You Trade With BitClout?

Yes, It’s a trading platform, where you trade in people. It uses its own cryptocurrency called BitClout as the main foundational currency. You have to convert your Bitcoin to BitClout to start trading.

Why I Should trade in BitClout instead of stock market?

Let’s say you like Tesla and know it is going to up in future but you don’t live in United States and lives in a 3rd world country like Nepal then you have to setup your trading account and then apply for Tesla share with your broker and many more complicated things. On the other hand, It will take fewer than 5 minutes to set your own account and buy Elon Must Coin on BitClout.

Why People Are Comparing BitClout To Twitter?

Once you setup your profile you’ll feel like that you are using Twitter but futuristic. You can follow people, like their posts and retweet also. But the best thing which makes it different than Twitter is Trading. Anyone can sign up here and trade with anyone in the world.

If you still have questions then post it in the comments section below.

Like This Post? Share It With Your Friends! And For More Tips On How To Make Passive Income Online, Make Sure You Check Out The Following Posts…

– Last Updated – April 4, 2021

Related Posts:
  • ClickFunnels Review – Does It Really Work?
    ClickFunnels Review – Does It Really Work?
  • How To Make Money And Publish An Ebook On Amazon?
    How To Make Money And Publish An Ebook On Amazon?
  • How To Sell Video Courses Online?
    How To Sell Video Courses Online?
  • How To Start A Food Blog And Make Money Online?
    How To Start A Food Blog And Make Money Online?
  • How To Start A Membership Site With WordPress?
    How To Start A Membership Site With WordPress?
  • What Is NFT And How Does It Work?
    What Is NFT And How Does It Work?

Filed Under: Make Money Online Tagged With: BitClout, BITCOIN, Cryptocurrencies, Make Money With BitClout

Comments

  1. Jason says

    April 3, 2021 at 10:35 PM

    I thing Bitclout is going to be really famous and famous like coinbase. Coinbase now have $50 Billion+ valuation and if you get early in this crypto social network then you are surely going to make a lot of money.

    Reply
    • Harsh Nagar says

      April 3, 2021 at 10:35 PM

      I Agree, Let’s wait and watch…!!!

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ABOUT ME

Harsh-Nagar About me

Hi, My Name Is Harsh Nagar And I Teach People How To Make Money Online With Affiliate Marketing. You Can Read More About Me & Success Stories of My Students Here. 

Follow Me

  • Facebook
  • Instagram
  • Pinterest
  • Twitter
  • YouTube

Recent Posts

  • Indian Rupee To Replace US Dollar? Let’s Find Out The Truth!
  • Is Urban Company Safe To Use In India?
  • Adani Group Vs Hindenburg Research – Everything You Need To Know!
  • What Is NFT And How Does It Work?
  • How To Create And Make Money With Job Board Website?
  • How To Make Money On Youtube Without Showing Your Face?
  • How To Start A Food Blog And Make Money Online?
  • What Is Dukaan App? Create Your Online Store For FREE In 30 Seconds?
  • ClickFunnels Review – Does It Really Work?
  • How To Find CPA Niches And Make $100 Per Day?

Categories

  • Blogging
  • Digital Marketing
  • Make Money Online
  • Misc
  • SEO

COPYRIGHT © 2023 · The Painite · About · Contact Us