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Dealing With Scams & Launching The Fund | My BitClout Journey.

After WithdrawBitClout reached the top 10 spots, I had to deal with scams that pretended to be projects of mine. One scam in particular raised $40k worth of investments from my followers and investors, so I had to pay every single dollar back.

To make things worse, my coin was also on the receiving end of a dump by one of its biggest investors. Following this series of events and complications, I had to rebrand WithdrawBitClout into BitCloutHoldings.

Then it hit me...

What if I could start a BitClout fund?

It was a great idea, but to ensure no more dumps occur, the fund was designed with a unique mechanism. People would put money in the fund, but it will NOT be used for investment purposes. Instead, the money is used to protect the fund from any potential dump. Also, the coin holders get paid in dividends.

This exciting new project saw us join forces with NFT Tech, a publicly-listed crypto investment vehicle, which will be leading the whole thing.

https://www.youtube.com/watch?v=mQcrCBUj6dk

Don't forget to check my Bitclout profile linked in the comments.

on May 26, 2021
Trending on Indie Hackers
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