Social Tokens

BitClout’s Insiders-Only Pre-Launch Overshadows Social Media Revamp

BitClout, a blockchain-based social networking platform branding itself on the ability to speculate on celebrities’ social media presence with real money, officially launches today.  But while BitClout’s novel premise has drummed up support amongst big-name investment firms, its password-locked pre-launch allowing insiders to access the platform and buy its token prior to the public release, …

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Social Tokens Get Rolled On

Social money issuer Roll was hacked for nearly $5.7M of creator tokens held in hot wallets on the platform over the weekend. Using Roll’s private keys, the hacker made off with tokens from 400+ creators on the platform. They immediately sold into Uniswap pools created around the vulnerable social tokens and transferred the ETH via …

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Social Token Projects Enlist Celebrities in Push for Adoption

Social tokens are becoming a breeding ground for adoption, with major names in music and sports all trying their hands at the web3-native fan engagement mechanism. Just this past week, social token platform Roll announced a partnership with Akon for the Grammy-nominated music producer to introduce personal tokens to his Akoin community, including in the …

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