Ben Pasternak

The idea for Believe v2 is simple: track live sentiment of every human. Sentiment markets sit between memecoins and prediction markets. They are perpetual, two-sided markets with Believe and Doubt. Participants trade on conviction about whether a person’s popularity will rise or fall. The market never resolves or settles, and the values of Believe and Doubt always sum to $1. Initially, we will deploy markets manually, focusing on individuals with the highest expected participant interest. Over time, we expect to let users create markets for any X account, enabling Believe to surface sentiment data for nearly anyone. We may also introduce fee sharing, allowing creators to earn by promoting their own market. The first market on Believe v2 features our founder, Ben Pasternak (@pasternak). Whether you love him or hate him, you can now trade for him or against him. Who should we deploy a market for next?

Chat is my favorite feature we’ve shipped since Believe launched. Most creators and their communities don’t really know what coins are / what they’re for. To bridge that gap, we need a “one size fits all” model that makes the concept easy to understand. Believe Chat feels like the closest anyone has come to that, and this is only a v1. I’ll be active in the Believe and Pasternak chats on the app. Come talk to me there!

When I launched the original Pasternak coin on Clout (which later was rebranded to Launch Coin) back in January, I had never even purchased a Solana coin before. My belief at the time was that creators should only profit from trading fees rather than selling their own coin. As a result, no one on the team, including me, received supply in Pasternak / Launch Coin at launch. Believe has grown into a serious platform. We’ve done over $6B in volume. At its core, contributors must have incentives that are aligned with holders. Unlike many other companies, there was no massive insider allocation weighing down supply while the protocol searched for product-market fit. We took the opposite approach: we built first, proved traction, and now the ecosystem needs a stronger foundation. A few points to clarify: 1) The new supply is 1.33B, so 333M more tokens than with $LAUNCHCOIN, the 25% figure represents the total new supply allocated across current and future contributors, investors, and the Believe Foundation. This should have been communicated more clearly in our initial post. 2) All lockup timers start today at the earliest, regardless of existing contributions to Believe. 3) The Foundation allocation is unlocked but will be exclusively used to support $BELIEVE. The Foundation will not sell any of this 3%. Its operating runway will be exclusively funded via Believe protocol fees, and any additional $BELIEVE needed for its operations will be acquired on the open market. Both of these are much more aligned models than most other foundations. 4) There is four weeks upgrade to $BELIEVE. It will be extended if necessary. There is no ill intent in expediting the migration, we just want to launch the flywheel ASAP. Our belief is that much of the supply of the old coin is allocated to dead wallets given the complex history of the old coin. A significant portion of existing revenue will be used to buy $BELIEVE onchain. The flywheel will begin at the end of the upgrade period (October 29), which will drive even more revenue into buybacks. I have never been more excited about Believe. Solving this problem was a huge time drain and what some would call “tech debt.” Now that it is behind us, we can focus on what really matters: new features, new launches, new mechanics, and more content / comms. I want to thank everyone who is believing in Believe!

@CryptoDona7 The Believe team and holders have never had more aligned incentives than in this moment. Path to get there is not ideal but that is the nature of buying into a project whose founder entered crypto less than a year ago. Onwards and upwards. We have A LOT of ammo in our war chest.

Serious investors willingly invested their money with a year lock up period meaning they bet on the price to go up significantly higher

@XasusDefi No. Investor lockup timers start from the date of their investment. The earliest investor unlock will occur a year from today. The earliest contributor unlocks start a year from today.

@pasternak When did investors and contributors vesting begin? Since Cloutdotme launched about 10 months ago, does that mean their lockup ends in 2 months?

$BELIEVE was created from the ground up to support and advance our ecosystem. The next few weeks are stacked with big moves. Very excited. LFG! I’ll be on X throughout the day answering your questions about $BELIEVE and the Believe ecosystem.

@sol_worst @ReadingRambro5 Flywheel will go live at the end of the upgrade period.

@pasternak @ReadingRambro5 Post the flywheel image or make if your header or pfp and my life is yours

Inspiring story shared by a Believe founder. Broke and living with his parents, faced with the choice of raising venture capital or launching on Believe. He chose Believe, and his latest project has generated $3M in revenue over the past 48 hours. Congrats!

I recommend only supporting Believe projects that you genuinely believe in, meaning ones you could see yourself holding for at least a few months. Rather than rushing to buy in early, take the time to research the founder, who they are, what they have built before, and why they are building this project now. Thank you for your attention to this matter.

Migration complete.

Full $PASTERNAK mode is on. Migration pool is now closed. Vast majority of $RIPVC supply will be liquidated on October 1, 2025.

Creators should have the freedom to build where they believe their project will thrive. To support that, we’re introducing a migration tool that makes it simple for non-Believe projects to move into the Believe ecosystem. To test it, I’ll be migrating a coin I launched previously, $RIPVC, into $PASTERNAK. If you hold $RIPVC, you can use the link below to convert your holdings into $PASTERNAK.

The Believe ecosystem has quietly processed close to $6B in trading volume, only a few months since launching. I’ve watched hundreds of young creators begin with nothing, build a community of believers, and raise hundreds of thousands, sometimes millions, to pursue their vision. One builder was living with his parents only months ago. Today, he lives in SF and has funding from a highly respected early-stage venture fund. Believe changes lives. Believe found him first. It's obvious the Believe ecosystem will continue to grow and evolve in a really beautiful way. On our side, the past few months we've been heads-down building, and we’re looking forward to sharing some of the things we’ve been working on soon.

If you haven't used our iOS app in a while, I recommend giving it a spin. One experiment in this release is unique tickers. Right now, duplicate or look-alike tickers can create confusion and open the door to scams. By making each ticker one of a kind, we aim to build a safer ecosystem for those new to crypto.

All funds collected from selling $RIPVC on October 1 will be sent to the $PASTERNAK LP.

@_jsmth If you haven't used our iOS app in a minute — it's definitely worth revisiting at this point. Lots of alpha going to be there imminently. Those that did not install Clout when I told them to do so now live with much regret.

Another great update this week. - Dark mode support (toggle in ur account) - New launch flow - General fixes and improvements What do you believe in? I launched my first belief. Dogs are better than cats. I have both cats and dogs, love them equally, dogs are more fun imo. There is no point to this Belief, there is no outcome or action from it. Do not expect me to do anything with this token, I will not 😂

Going to be ditching this wallet and will setup a new public one. Will share in the near future.

I've loaded a wallet with some SOL to support projects in the Believe ecosystem! Here is the wallet address for full transparency: DjAfkjAV7qD6U2qjjU5RdcuzXwdk1gF3CtiWwGZc8pxJ What coin should I buy first?