Tip Coin viral screen X "creator's share" to be blamed

Author: Climber, Golden Finance

I wanted to go to X to learn some new knowledge, but how did I know $tip@tipcoineth’s “psoriasis” is everywhere, it seems that I am embarrassed to interact with people without attaching this label.

In the past few days, a social protocol, Tip Coin, has become popular and has become another popular object after friend.tech. In just three days since its launch on September 1, the number of participants has exceeded 100,000, including many celebrities KOL. And the product’s “fool-like” use logic has lowered the entry threshold to an infinitely low level, just type $tip@tipcoineth at the end of daily social interaction.

Many people wonder why KOLs who usually charge a lot of promotion fees are willing to give CX Tip Coin for free this time. Is it just to earn points for new projects and get future token airdrops? In fact, the temptation of real money under the “creator share” model launched by Musk on Twitter has created a situation where the real traffic is king and the bottom line is below the bottom line.

**What is Tip Coin? How to play? **

Tip Coin is an interactive social project that deeply binds social media platform X (formerly Twitter) and rewards points according to the amount of traffic. Users only need to add $tip@tipcoineth in daily social activities such as posting, replying, forwarding, etc. is classified as valid data.

However, judging from the current project announcement information, its correlation with Web3 is not very high. The talk of issuing coins in the future is only a promise from the project side, so whether it can truly develop into a blockchain project is still unknown.

Especially after the user enters the Tip Coin official website, there is no need to connect to the encrypted wallet, and they can enter the application activity process by clicking on the link to their personal X account. Compared with friend.tech, this greatly avoids the user’s cost and energy expenditure.

It is precisely because of this simple use mechanism that the words $tip@tipcoineth spread rapidly, and both KOLs and ordinary users were infected.

According to the official website, Tip Coin currently uses 7 days as a settlement cycle, and the token rewards are obtained based on the proportion of personal data in the overall share. The first reward is expected to be issued on September 8.

If users want to earn as many points as possible to obtain future token rewards, it is essential to understand the reward rules of Tip Coin. Tip Coin will add points according to different post types:

Original Tweet (original post): 25

Tipped Reply (message reply): 1 X points bonus, the upper limit is 50 per day, and the maximum score can be 25,000 points.

Replied kickbacks: Each post is worth 1/10 points. Officials say that if you reply to a Tip Coin post under a post with Tip rules, you will get an additional 10% reward.

However, Tip Coin’s official website hints that there may be additional bonuses when users are open to claim points.

Generally speaking, the gameplay of this project is relatively simple, but the calculation rules are more troublesome. Generally, the score weight of the original post is the highest, followed by the replies, and the lowest for the continuation replies.

Some community members have summarized 3 strategies to quickly obtain high scores:

Multi-account engagement: Interact by creating multiple accounts, but be careful not to be perceived as fake accounts or bots.

Keep up with celebrities and current events: Comment on celebrities or current news as soon as possible to get higher views.

Special technique: Mention Metamask, Private key or yellow tweet tags in the article to trick the phishing robot into leaving a message.

It is important to note that Tip Coin has not yet announced a roadmap, and the token economic model of the native token $tip cannot be found. Although Tip Coin currently has huge traffic, its profit model is still unknown. Perhaps as Tip Coin said, this is a social experiment.

The biggest driving force: Creator sharing model

On July 14 this year, Twitter’s creator advertising revenue sharing program was officially launched, and a large number of eligible Blue subscribers received their first share of revenue.

Musk’s money-spending behavior has made many KOLs very profitable and they are flocking to it. From the information posted by the beneficiaries, it can be seen that the share rewards range from tens of dollars to thousands of dollars. According to public information, the account with the highest income currently is @InternetH0F with 1.9 million fans, and he has received as much as $107,247.

“This is part of our effort to help people make a living directly on Twitter.” Musk said, “The compensation started accruing in February when I first committed to do this.”

Although the income sharing is attractive, the conditions for earning it are quite demanding. After binding a Stripe account, users also need to: subscribe to Twitter Blue or Verified Organizations; have at least 5 million views of the user’s posts each month in the past 3 months; pass the manual review of creator monetization standards.

However, starting from August 11, after changing its name to X, Twitter announced that it will reduce the eligibility threshold for advertising revenue sharing from 15 million impressions in the past 3 months to 5 million, and will also become the minimum payment threshold for Blue V from $50 reduced to $10.

The above benefits are tantamount to allowing more users to join the X advertising revenue sharing army, but the hard target of 5 million pageviews is still a hurdle. And for well-known KOLs, maintaining their own image means that they cannot gain traffic through junk, negative, pornographic recommendations, etc. Then creating hot spots and creating popularity becomes a good choice.

As for the social project Tip Coin itself, the future expectations of its coin issuance and the benefits it brings cannot satisfy the appetite of well-known KOLs. On the contrary, it can be used to its advantage and bring heat flow.

Therefore, even though someone shouted that those who roll Tip Coin are poor people, many KOLs are still unmoved.

In addition, it is difficult for ordinary users to access the project and understand its value in the early stages. Generally, a “herding effect” will be formed when these KOLs release relevant information, driving batches of imitators to follow suit.

In recent days, the overwhelming words $tip@tipcoineth have seriously polluted the ecological environment of the X network, so much so that some people have publicly announced that these keywords will be blocked.

It can be seen that while the creator sharing model successfully encourages and inspires users to create high-quality content, it also lowers the lower limit for some creators. Blindly spreading $tip@tipcoineth can only be said to expose the eagerness of some KOLs to pursue profits.