Web3 content platform Paragraph has launched writer coins, aiming to shift creators from traditional paid subscriptions to a tokenized support model. Approximately 5% of these tokens will be pre-allocated to past supporters, including Paragraph and Mirror readers, Zora and Base author token holders, subscribers, and Farcaster and Base followers, with allocations weighted by their contributions.
The writer coins are initially bound to WETH and can be linked to Zora or Base author tokens for synchronized growth. Readers will be encouraged to purchase these coins while browsing publications or reading articles, with new subscribers able to become supporters with just one additional click.
Paragraph Introduces Writer Coins, Allocates 5% to Early Supporters
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