“Creator coins are a custom-branded form of digital currency. Effectively, this means you can create your own cryptocurrency and develop a virtual economy around your digital business.”
“Here are three main ways creator coins are used by those who make them:
- Spend: Your audience members buy and transfer coins to you directly in the form of a tip or donation. Or your community uses your coins to purchase a product, service, or event ticket.
- Hold: Like other forms of cryptocurrency, people can hold your coins as a digital asset that has the intrinsic benefit of gaining them access to products, services, events, coaching, and consulting according to criteria you establish.
- Earn: Your audience members and fans can earn your coins in exchange for referrals and repeat purchases. You can also do coin giveaways to those who hold a certain amount of coin, or for any other reason you think is appropriate.”