Original Author: KarenZ, Foresight News
Clout, a once-popular application in the SocialFi field, is now restarting with a new brand called Believe.
As an early platform attempting to monetize social influence assets, Clout's core logic was to enable users to profit from their influence. However, due to excessive reliance on individual influencers' impact and overly speculative market dynamics, Clout's further development was severely constrained.
In light of this, Clout founder Ben Pasternak announced the upgrade of Clout to Believe, releasing the MVP version on April 27. In this upgrade, Believe completely abandoned the simple "social relationship asset" model, focusing instead on "empowering projects or technologies with actual application scenarios, helping tokens quickly launch and achieve cold start". This transformation interprets its vision from "Believe in Someone" to "Believe in Something".
Believe's upgrade has also garnered widespread industry attention. Solana Official, Solana co-founder toly, and Jupiter co-founder meow have all retweeted and mentioned Believe. Since its launch on April 27, Believe has demonstrated strong market potential. According to founder Ben Pasternak, in just two days, the platform's trading volume soared to $140 million, while creating $2.5 million in fee income for creators.
So, what exactly is Believe? How are platform fees allocated? What challenges will it face in its development? Which tokens are worth noting?
Believe: A "Coin Minting Factory" for Creative Projects
Believe can be viewed as a Kickstarter for creative ideas, initial projects, simplifying token issuance processes, lowering project entry barriers, and tokenizing creativity by leveraging social media's propagation advantages. The specific token issuance method involves deploying a token by tagging @launchacoin and adding the token name in a tweet.
Alliance DAO founding partner Imran Khan stated that founders or scouts can automatically create tokens related to an idea by adding the @launchacoin tag in a post. The market will then determine the token's fair value based on the scale and importance of the problem it solves. For founders, this is a way to measure the market's genuine demand for their idea or project. If sufficient fees are generated, founders can extract earnings and immediately start building. For scouts, their goal is to mine quality ideas and potential founders on Twitter and tag relevant tweets. If the founder ultimately realizes the idea, scouts can permanently receive a portion of the fees.
Regarding fees, Ben Pasternak explained that Believe platform collects 2% of transaction amounts as transaction fees, where token creators receive 1%, Scouts receive 0.1%, and the remaining 0.9% is retained by Believe official. This allocation mechanism ensures stakeholders' interests while providing funding support for platform operations.
How does Believe help achieve token deployment?
Launch Coin uses Meteora DBC (Dynamic Bonding Curve) to quickly launch tokens at the lowest fees, configured to pay creators. Meteora DBC is an SDK containing all Meteora functionalities and performance, with full customizability, allowing integrators to directly launch tokens with customizable virtual curves on their Launchpad or platform, supporting user token creation and dynamic bonding curve pool establishment.
Which Tokens Are Worth Watching?
The author has compiled some tokens mentioned on Believe's official and Ben Pasternak's Twitter:
LaunchCoin: LaunchCoin renamed by PASTERNAK. PASTERNAK is the eponymous token of founder Ben Pasternak, the first token to complete pre-sale on Clout, reaching a market cap of $80 million on its launch day on January 24, 2025, which subsequently dropped to hundreds of thousands, but recently increased 12-fold, currently with a market cap of $14.6 million and 8,997 holders. Launch Coin is also considered by some users as the official platform token for Believe.
SuperFriend: Deployed by Helena Zhang tagging @launchacoin (Helena Zhang previously founded the AI workflow automation platform Pocketflow in August 2024). SuperFriend can help visualize, understand, and chat with developers' code repositories. SuperFriend is not yet deployed but currently accepts access list applications. SuperFriend token currently has a market cap of $2.5 million with 3,179 holders.
Dupe: Dupe.com is a search tool for furniture product alternatives, with 1 million monthly active users and 367,000 Instagram followers. Users add "dupe.com/" before the furniture product URL to list alternative furniture. Dupe.com CEO @ghoshal unexpectedly launched a MEME coin named "DUPE" on Solana, after which Dupe.com's official Twitter added the "$DUPE" identifier. @ghoshal hypothesized adding DUPE purchase functionality in the app and website, also allowing SOL for product purchases. Dupe token currently has a market cap of $3.92 million with 3,548 holders.
Peek: Peek is an AI personal finance app launched by Sherry Jiang (@sherryyanjiang), ranking fourth on Product Hunt last week. Sherry Jiang previously worked at Google and Amazon. However, the Peek token was not created by founder Sherry Jiang but promoted by a third party @casatay.
CryptoGym: CryptoGym is a MEME trading simulator currently available on the App Store. CryptoGym is about to introduce a token incentive mechanism in the app. The CryptoGym token was created by platform founder Michael Beer and retweeted by Ben Pasternak. CryptoGym token currently has a market cap of $145,000 with 639 holders.
Instaclose: Instaclose is an AI-powered sales expansion tool that automatically makes demonstration appointment calls to potential customers immediately after registration using voice technology. Instaclose creator Samuel Spitz stated that he and Ben Pasternak are network friends, and creating the token was to support Ben Pasternak's work. Samuel Spitz cautioned that he "made no commitments to the project, but it has occupied most of his past two months. Most tokens might go to zero within a week."
MaigaXBT: MaigaXBT is a cryptocurrency trading and Alpha signal AI agent that won first prize in the DeFAI track at the Seedify AI Agent Hackathon. The MaigaXBT token was promoted by Maiga creator VictorLee.eth, currently with a market cap of $136,000.
Summary
Believe provides a "one-click Kickstarter" for creative and startup projects through extremely low launch costs and Twitter's propagation advantages. For investors, Believe might be an opportunity-filled experimental field, but rationally selecting quality projects and grasping market rhythm are crucial.
In the future, whether Believe can balance "empowering genuine value projects" and "suppressing speculative bubbles" will determine its ability to truly achieve the leap to "Believe in Something".
