Tipcoin: The Future of Social Interaction [TIP Coin on X]

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(Edited)



So X has a tipping coin, and it's literally called TIP Coin.

And NO, it was not launched by Elon but by someone called Swapo on X (formerly Twitter). He has no bio or whatsoever on his profile. Apparently, he is Tipcoin's founder and lead developer, at least that's what it was mentioned in their Medium publication.

Accordingly, the project was launched on the 1st of this month as a social experiment, and 2 weeks later, there are over 100k users on their platform and more than 157k followers on tipcoin's X account. The future of social interaction, they say.

Tipcoin (The platform)

Tipcoin is built as a SocialFi that is scalable and reliable. It "operates as a decentralized social platform, rewarding users on Twitter (formerly known as X) for their engagement and tweets."¹

❇️TIP Coin (The Token)

Tip coin or $TIP is an ERC-20 utility token that powers the Tipcoin platform. It is a "coin to reward creators and community."².

  • Ticker: TIP
  • Network: ERC-20
  • Total Supply: 100,000,000,000 (Unconfirmed. There is no mention of this in the announcement of the tokenomics).

❇️Token Distribution

There was no pre-sale and the tokens are earned for free by users. The distribution of TIP obtained from Medium.


  • Team: 5% (Locked)
  • Community: 35% (Platform users)
  • Liquidity PRovision: 15% (On Epoch 1)
  • Airdrop: 40% (15% for Epoch 1, 20% for Epoch 2 and 5% for Epoch 3)

How to Earn $TIP

Epoch 2 is almost concluding. The third Epoch starts on the 16th of September and runs until the 21st of September.

➡️ To join, visit the site (https://thetipcoin.io/) and connect your X account. Be careful with the URL. There's another site identical to this one.


➡️ Approve the request (if you agree of course) tipcoin to access and connect to your X account.



➡️Activate your account by following the instructions provided.

To start earning rewards (points), go to X and reply, quote tweet or create tweets and simply mention $tip or #tip @tipcoineth and you will be awarded points.

"The level of engagement on the tweets, including likes, views, comments, and more, determines the number of points accumulated."³

There's a multiplier depending on the type of tip users make.

  • Original Tweet: 30x point multiplier
  • Tipped Quote: 10x point multiplier
  • Tipped Reply: 1x point multiplier-
  • Replied kickbacks: 1/10 points per tip

Here's the process indicated on the site.



Read more details here. There's a calculator there where users can check the expected points they earn. Epoch 1 concluded and Epoch 2 is in its last hours.

Users can track their own stats (progress or activities) on the tipcoin platform. There's a leaderboard there too.



Apparently, bots are flagged internally so at the end of each Epoch, there will be a final checking and readjusting of points. Users will need to connect their wallets within the specified time so they will be able to claim their TIP coins when the "CLAIM" button is enabled.

For further details, check out the site and the official X accounts of tipcoin:

Personal Thoughts

Tipcoin is a very new project and while it is pretty easy and simple to earn points by using X and mentioning $tip or #tip and @tipcoinetch, I recommend using it at your own discretion.

There is a teaser on its X account where it mentioned the token launch is today, 15th of September but there are no further details yet. It will be interesting how this project pans out.

For infortainment only. Sources: Tipcoin / CMC / Medium / X

Lead photo created on Canva. Logo from Tipcoin. Screenshots linked directly to their sources. No copyright infringement intended. 15092023/10:05ph

Posted Using LeoFinance Alpha



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24 comments
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Interesting. I only use X to promote Hive stuff but might as well sign up for that

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Hope it's something that we can monetize too, lol! Good luck

!CTP

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You keep informing us and that's so selfless of you. I am also on X but not so active there. Hehe

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Reminds me a bit of Reddcoin. These things tend to get crazy abused by bots and spammers but maybe this one will be different.

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Yes. It is sure there are tons of bots there so it will be interesting what they are doing about them.

!PIZZA

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Am I the only one who didn't know that Twitter has a tipping coin until I read your post? I think I am almost inactive on Twitter which is a possible reason.
I am going to earn some Tip then.
Thank you for sharing.
!PIZZA

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I didn't know too, until the other day. Tried it yesterday to see how it works and then shared it today. Good luck to you :)

!PIZZA

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Kinda annoys me. Isn't that what parts of Hive do?

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Hive is (and does) a lot better :) Although tipcoin got the attention in so short a time, I'm not sure if it will last long.

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This sounds interesting! I will see how to get my account linked, thank you so much for sharing this info.

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Good luck :) Hope it's something good xD

!LADY

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Your LOH token balance is not sufficient to send tips. Please hold a minimum of 25 LOH tokens to send tips.

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It's a good thing as we all know it's a great investor when its coin comes it's price can go up a lot so people should buy it once myself. I will try that.

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