Believe in Something: rebranding Clout to Believe
The Believe platform initially emerged as Clout, a Web3 SocialFi project on the Solana network, allowing influencers and content creators to create their own tokens that their followers could invest in. Clout gained fame after the platform's founder, Ben Pasternak, released his own token called PASTERNAK. This token demonstrated rapid growth, reaching a market capitalization of over 80 million dollars within a day. Interest in the platform then waned.
On April 28, 2025, Clout returned, announcing the launch of Believe and LAUNCHCOIN in a post on platform X. This post quickly went viral in the crypto community, garnering over 590 thousand views.
Listings were conducted on many exchanges, including those oriented towards Europe.
After a sharp rise of 22%, the creators took profits, which explains the prolonged decline.
Tokens created on the Believe platform transition from wrappers to the Meteora protocol after reaching a market capitalization of 100 thousand dollars. Without pre-sales and listings. These tokens that have moved to a new level utilize a dynamic liquidity fee structure provided by Meteora. Fees generated from trading these tokens are distributed in a 50/50 ratio between the Believe platform and the creator of the respective token. To receive their share, creators just need to link their account on X to the Believe app; payments are made daily.