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Writer coins let readers back the writers they love. They build on post coins, letting readers back a writer across everything they publish, creating a lasting connection between writers and their readers. Every publication on Paragraph can launch a writer coin. When you launch your writer coin, you can reward the readers who’ve supported you in the past, including a select group that:
  • Have collected your posts on Paragraph or Mirror
  • Are currently subscribed to your newsletter
  • Hold your Zora creator coin (when you pair your writer coin with a Zora creator coin)
After you launch your writer coin, all your future post coins will be linked to your writer coin. When one of your posts grow in popularity, it benefits your writer coin as well. Back Writer Pn

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Launch your writer coin & make it a moment

Launching your writer coin is a great opportunity to invite your subscribers, followers, and audience to back your work. There’s a good chance most activity will happen around when you launch your writer coin, so it’s important to share your launch with the world. Some things you could consider as part of that announcement:
  • Tell the story behind why you write and what you care about.
  • Share how you plan to thank or recognize early backers.
  • Highlight any benefits, perks, or special access you plan to offer your backers.
  • Describe what their support will help you create.

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Writer coin set-up

To launch your writer coin:
  • Go to Publication Settings → Monetization.
  • Make sure your payout wallet address is set correctly; this is where your earnings from your writer coin will go.
  • Click the “Launch writer coin” button.
Launch Writer Coin Pn
  • Choose your ticker symbol (the unique identifier for your coin).
Ticker Pn
  • Coin pairing (optional). If you have a Zora creator coin, you can choose to pair it with your writer coin by adding the token contract address. You’ll see a confirmation once it’s paired.
Coin Pairing Pn
  • Send writer coin rewards to your earliest supporters to show your appreciation and encourage sharing & discussion of your writer coin during the launch period. More details here.
  • After you make it through the launch flow, your writer coin will be live.
Writer Coin Live Pn

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How to earn with writer coins

The value of your writer coin increases When you launch your writer coin, you receive 50% of the total supply: you’re allocated 500 million coins out of 1 billion total coins. Your allocation vests each month over three years, meaning you receive 1/36th of your total allocation each month. Vesting begins immediately, with your first monthly tranche available at launch. Coin Vesting Pn As your readership and community grow, and demand for your coin increases, you’ll have the opportunity to sell your vested coins and realize a gain.
Liquidity matters.
To sell your writer coin, there must be demand for your writer coin and an active market of buyers. Without demand & buyers, you won’t be able to convert your coins into proceeds, which is why it’s important to build awareness and interest in your writer coin.
You earn a share of every transaction You also earn 2% of every transaction involving your writer coin. For example, if someone buys or sells $100 worth of your writer coin, you receive $2. These funds are available immediately in your Paragraph wallet. Your post coins are linked to your writer coin Finally, after you launch your writer coin, all your future post coins become linked to it. Each post coin shares a liquidity pool with your writer coin. When one of your posts gains momentum or trading volume, that increases the value of your writer coin.

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How do readers buy my writer coin?

We’ve designed the experience so that buying your writer coin feels natural for readers. We surface the option in the right places, at the right moments, when readers are most likely to support your work. Below are a few primary ways readers can find and purchase your writer coin. Right after subscribing After someone subscribes to your publication, they’ll immediately see an option to support you further by purchasing your writer coin. This appears in the same modal flow as the subscription confirmation, making it an easy, natural next step for new readers who want to back your work. Publication homepage & post pages Once someone is subscribed, the main call-to-action button in the top navigation bar (which normally says Subscribe) changes to Back writer. This button appears on the publication homepage and the post page, and tends to generate the most clicks out of all the buttons. On your publication homepage, readers will also see a primary Back writer button on the right siderail, beneath your publication info. Clicking any Back writer button launches the writer coin purchase flow, allowing subscribers to buy your coin directly without leaving your publication. Back Writer Pub Homeage Pn Explore page The Explore page includes a dedicated tab highlighting top writers based on the volume of support. Readers can browse this list, discover new writers, and purchase writer coins directly from those profiles. Top Writers Pn These are the main ways readers and subscribers currently discover and buy writer coins. Over time, we’ll continue adding new discovery and purchase entry points to help readers find and support the writers they love.
We want writer coins to be an easy way for readers to back a writer across all their work, signal they were early, and participate in the writer’s growth over time. We believe writer coins have the opportunity to be the primary way readers support writers and expand the economy for great writing & creative work, well beyond paid subscriptions and sponsorships. We’re still early in building writer coins & we’d love your feedback to help us shape what comes next. If you have questions, ideas, or issues, drop us a note at support@paragraph.com.