- Have collected your posts on Paragraph or Mirror
- Are currently subscribed to your newsletter
- Follow you on Farcaster
- Hold any of your post coins on Paragraph
- Hold your Zora creator coin (when you pair your writer coin with a Zora creator coin)
Launch your writer coin & make it a moment
Launching your writer coin is a great opportunity to invite your readers 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 friends, on social, other writers, and so on. 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.
Writer coin set-up
To launch your writer coin:- Go to Publication Settings → Monetization.
- You’ll need to have a wallet connected to your account to launch a writer coin.
- Click the “Launch writer coin” button.
- Choose your ticker symbol (the unique identifier for your coin).
- 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.
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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.
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.
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.
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.
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. Writer coin page Every writer has a dedicated writer coin page (e.g.,https://paragraph.com/@username/coin or yourdomain.com/coin). Writers can direct readers here as a focused place to buy their writer coin. The page also shows the top supporters and reward recipients, as well as other important details (e.g., contract address, exchange links).
Readers can also check if they have unclaimed rewards by entering their wallet address. If they’re eligible, they’ll be taken directly into the claim flow.
We’ll continue expanding this page, but it already gives writers a simple, direct home for everything related to their writer coin.
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.