RE: My experience with BitClout after 24 hours

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I have bitclout account and when I was registering, there were some bots and possibly actual people invested in my profile. Then a few days later, they sold the coin. There was someone who told me that I have to introduce myself and stuff. They also told me to lower the % of my profile, I couldn't recall that part but this user told me that if I want people investing in my profile, I have to lower that %. After two days, I got disinterested and then never really check it again. But I saw ryan hoover was on it too which was interesting to see.



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The % is called Founder Rewards. Basically when someone buys your coin, you receive the % you set for the founders rewards.

For example, let's say you have it set to 10%, and someone buys $100 worth of your creator coin, you will receive $10 worth of $Clout. The default is 100% which means they will get nothing, this is to prevent someone from buying your coin until you are ready. The first 10 coins are super cheap, but every coin created increases the price of the coin rapidly, you want those first ones as they are almost free in comparison.

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Ah I see, I was looking at my profile again just after leaving that comment. I got 41 followers so far and I might check it out again. Now that makes me consider to buy my own coin and set it to 10% instead of 5%.

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5% will yield you more people buying your token but you receive half as much as setting it to 10% (the norm). If you want to try to make more, you can set it higher (more people will avoid you) or lower (more people will buy but you make less from it).

You want 0-10% if you want to grow.

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