
Clout transforms into Believe, a creative "coin minting factory" and also a "ruthless token issuing machine"
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Clout transforms into Believe, a creative "coin minting factory" and also a "ruthless token issuing machine"
With $140 million in trading volume achieved in just two days, from "Believe in Someone" to "Believe in Something," what kind of platform is Believe?
By KarenZ, Foresight News
Clout, once a rising star in the SocialFi space, has relaunched under a new brand: Believe.
As an early platform attempting to tokenize social influence, Clout’s core idea was enabling users to monetize their influence. However, its development was severely constrained by overreliance on individual issuers’ popularity and excessive market speculation.
To address these issues, Clout founder Ben Pasternak announced an upgrade from Clout to Believe, launching its MVP version on April 27. This overhaul completely abandons the simple “tokenization of social relationships” model, shifting focus toward “empowering projects or technologies with real-world applications, facilitating rapid token issuance and cold starts.” This transformation reflects its evolving vision—from “Believe in Someone” to “Believe in Something.”
The upgrade has drawn significant industry attention. Solana’s official account, Solana co-founder Toly, and Jupiter co-founder Meow have all shared posts mentioning Believe. Since its launch on April 27, Believe has demonstrated strong market momentum. According to founder Ben Pasternak, within just two days, the platform achieved a trading volume of $140 million and generated $2.5 million in fee revenue for creators.
So, what exactly is Believe? How are fees distributed? What challenges might it face moving forward? And which tokens are worth watching?
Believe: A "Minting Factory" for Ideas
Believe can be seen as a Kickstarter for creative ideas, concepts, or early-stage projects—streamlining token issuance, lowering entry barriers, and leveraging social media virality to tokenize innovation. The process is simple: mention @launchacoin in a tweet along with a token name, and it will be automatically deployed as a token.
Imran Khan, Founding Partner at Alliance DAO, explained that founders or scouts can add the @launchacoin tag in a post to instantly create a token linked to that idea. The market then determines the token’s fair value based on the significance and scale of the problem being solved. For founders, this serves as a way to gauge genuine market demand for their concept. If sufficient fees are generated, they can withdraw earnings and immediately begin building. For scouts, their role involves identifying promising ideas and talented founders on Twitter and tagging their posts. If the founder successfully executes the idea, the scout earns a permanent share of the fees.
Regarding fees, Ben Pasternak clarified that Believe charges a total of 2% of transaction volume. Of this, 1% goes to the token creator, 0.1% to the scout, and the remaining 0.9% is retained by Believe. This distribution balances incentives among stakeholders while supporting platform operations.
But how does Believe actually enable token launches?
Launch Coin leverages Meteora DBC (Dynamic Bonding Curve) to launch tokens quickly and cost-effectively, configured to pay fees directly to creators. Meteora DBC is an SDK encompassing all of Meteora’s features and performance capabilities, offering full customizability. It allows integrators to launch tokens with customizable virtual curves directly on their launchpad or platform, enabling users to create new tokens and establish dynamic bonding curve pools—anyone can purchase tokens based on these curves.
Which Tokens Are Worth Watching?
Below is a list of select tokens mentioned on Believe’s official channels and Ben Pasternak’s Twitter:
LaunchCoin: Renamed from PASTERNAK. PASTERNAK was Ben Pasternak’s namesake token—the first presale token on Clout. On its launch day, January 24, 2025, its market cap briefly reached $80 million before dropping to as low as tens of thousands of dollars. Recently, it surged 12x over two days, now sitting at a $14.6 million market cap with 8,997 holders. Some users view LaunchCoin as the de facto platform token for Believe.
SuperFriend: Deployed by Helena Zhang via @launchacoin (Helena Zhang previously founded Pocketflow, an AI workflow automation platform, in August 2024). SuperFriend enables users to visualize, understand, and chat with developers’ codebases. The product is not yet live but open for waitlist sign-ups. The SuperFriend token currently has a $2.5 million market cap and 3,179 holders.
Dupe: Dupe.com is a search tool specializing in affordable furniture alternatives, boasting 1 million monthly active users and 367,000 Instagram followers. Users simply prepend “dupe.com/” to a desired furniture product link, and the site returns a list of cheaper alternatives. Dupe.com CEO @ghoshal revealed that a meme coin named “DUPE” was unexpectedly launched on Solana for the brand. The company’s official Twitter bio now includes the "$DUPE" tag. In a hypothetical scenario, @ghoshal suggested integrating DUPE as a payment method within the app and website, alongside SOL. The DUPE token currently has a $3.92 million market cap and 3,548 holders.
Peek: An AI-powered personal finance app launched by Sherry Jiang (@sherryyanjiang), ranked fourth in trending products on Product Hunt last week. Sherry formerly worked at Google and Amazon. Notably, the Peek token was not created by Sherry herself, but initiated by third-party user @casatay.
CryptoGym: A meme trading simulator already available on the App Store. CryptoGym plans to introduce token-based incentives within the app. The token was self-launched by founder Michael Beer and shared by Ben Pasternak. It currently has a $145,000 market cap and 639 holders.
Instaclose: An AI-driven sales outreach automation tool that uses voice technology to make calls and schedule demos immediately after lead registration. Creator Samuel Spitz noted he is an online friend of Ben Pasternak and launched the token to support his work. He cautioned, “I’m not making any promises about this project—it’s consumed most of my time over the past two months. Most tokens may go to zero within a week.”
MaigaXBT: An AI agent for crypto trading and alpha signals, winner of the DeFAI track at Seedify’s AI Agent Hackathon. The MaigaXBT token was deployed by VictorLee.eth, creator of Maiga, and currently holds a $136,000 market cap.
Summary
With minimal setup costs and the power of Twitter virality, Believe offers a one-click Kickstarter-like experience for ideas and startups. For investors, it presents a fertile ground for experimentation—but prudent project selection and timing remain critical.
Looking ahead, Believe’s long-term success hinges on its ability to balance empowering genuinely valuable projects with curbing speculative bubbles—ultimately determining whether it can truly fulfill its vision of “Believe in Something.”
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