The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 1 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Opinion
Token markets for undisclosed private companies create high fraud risk
“Like all of a sudden you're a stock market for private companies who don't disclose any data. And I think like the potential for fraud and the potential for hurting investors more than helping them in the longterm is pretty high there.”
Max Metcalfe Apr 9, 2021 ▶ 11:27 The First SaaS on BitClout will Replace Substack, Patreon
Prediction Not checkable as stated
SEC will not allow unregulated private company token trading in US
“Like, the SEC isn't going to allow that to happen, at least in America.”
Max Metcalfe Apr 9, 2021 ▶ 13:16 The First SaaS on BitClout will Replace Substack, Patreon
Opinion
Consumers prefer holding equity over paying monthly SaaS subscriptions
“We want to build a platform that enables people to have the option of paying 10 dollars a month for Spotify or owning two shares of their stock. And if you could have that choice, I feel like most people would choose to own two shares of their stock, given tha…”
Max Metcalfe Apr 9, 2021 ▶ 18:11 The First SaaS on BitClout will Replace Substack, Patreon
Insight
Selling creator coins to fund founder salaries depresses token value
“Selling coins decreases the price and kind of hurts the value of the coin itself. So the reason to raise outside funding is to give us a path where we can build this full time without like Hurting the value of the coin in the short term so we can like build fo…”
Max Metcalfe Apr 9, 2021 ▶ 3:55 The First SaaS on BitClout will Replace Substack, Patreon
Assertion Supported
SubClout coin grants platform access, not equity ownership
“When you buy the coin, you're not buying stock in the company, right? Those are two separate things. It's like a way to get rewards. So the reason to buy sub cloud coin is not because you get X percent of the company. It's because you get to use the platform, …”
Max Metcalfe Apr 9, 2021 ▶ 5:04 The First SaaS on BitClout will Replace Substack, Patreon
Prediction Open · timeframe Apr 2024
BitClout will likely eventually offer a native gated newsletter
“So, like, the possibility that BitClout will eventually offer a premium newsletter where you can do a long form post to your top X holders of the coin, the possibility that actually is pretty high, I think. Very high.”
Max Metcalfe Apr 9, 2021 ▶ 9:43 The First SaaS on BitClout will Replace Substack, Patreon
Prediction Held up
BitClout will not offer fiat payment options alongside creator coins
“The possibility that they will also say you can access this if you pay 10 dollars a month or if you own the coin is very low. Because they want to bring people into the community. They don't want to give people that option of using fiat currency.”
Max Metcalfe Apr 9, 2021 ▶ 9:57 The First SaaS on BitClout will Replace Substack, Patreon
Disclosure
SubClout charges creator coins instead of fiat currency for access
“No, we don't charge fiat for our tool. No, we charge creator coin for our tool.”
Max Metcalfe Apr 9, 2021 ▶ 14:31 The First SaaS on BitClout will Replace Substack, Patreon
Assertion Not checkable as stated
SubClout waitlist reaches 160 creators after first native newsletter send
“We sent our first newsletter yesterday that was written and sent and packaged everything on natively on the platform. So it was really fun for us. And then we're onboarding people. We have like a 160 on our waitlist right now. Onboarding starting tomorrow.”
Max Metcalfe Apr 9, 2021 ▶ 14:57 The First SaaS on BitClout will Replace Substack, Patreon
Disclosure
SubClout seeks to raise up to $500K for team expansion
“Yeah, we're looking to raise, like, two 50 to 500,000. Look, to, we'd use the money to pay salary, build out a team.”
Max Metcalfe Apr 9, 2021 ▶ 15:53 The First SaaS on BitClout will Replace Substack, Patreon
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