Ben Pasternak

[Ben Pasternak @pasternak]

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!

[Believe @believeapp]

Introducing Chat 💬

Build and join communities directly inside the Believe app.

+ Chats are open for everyone to read
+ Only the top 100 holders can send messages
+ Creators can kick participants

Live now on the App Store!

[Ben Pasternak @pasternak]

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!

[Ben Pasternak @pasternak]

@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.

[Ben Pasternak @pasternak]

@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.

[Ben Pasternak @pasternak]

$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.

[Believe @believeapp]

$LAUNCHCOIN → $BELIEVE

The upgrade is now live and will remain open until Wednesday, October 29.

Complete details on how the flywheel works will be shared at the end of the upgrade period.

[Ben Pasternak @pasternak]

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

[Ben Pasternak @pasternak]

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!

[Kohei @weretuna]

we launched @addicteddotfun and flipped pumpfun’s revenue in the past 24h.

it generated $3M+ in revenue since launch (just 48h ago)

but until a couple month ago, i couldn't even pay my rent and was staying at my parents’ house.

this is our story:

we’ve been building all kinds of consumer crypto apps for the past 4 years.

web3 gaming tools, defi, DAO tools, prediction markets etc

but none of them took off.

i ran out of money and couldn’t find more friends who’d let me crash at their place

so ... i had to move back to my parents house.

around that time, we got this strong conviction that financialized entertainment will be the biggest opportunity in consumer crypto.

but when you cant even pay rent, how can you possibly cover dev costs, audits, initial pool, etc?

we had 2 choices:

receive vc money or launch on @believeapp

we took believe. we weren't 100% sure at that time but we really needed money to keep building and cover audits + all the game assets. and we didn’t want vc money.

so we launched @pndmdotorg on believe.

its 2% creator fee gave us $100K which was exactly the amount we needed to finish building @addicteddotfun

and 2 days ago, addicted finally went live.

in 48h, it generated more than $3M rev.

it flipped pumpfun's 24h rev and on track to flipping hyperliquid in 24hr fees.

its painfully obvious:

ICM and financialized entertainment are the future of crypto.

but jobs not done.

our goal is to make @pndmdotorg the biggest web3 game studio and become the next Nintendo.

we'll prove that ICM is 100x better than vc startups, and web3 games are not dead, actually the opposite.

lets lock in.

[Ben Pasternak @pasternak]

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.

[Ben Pasternak @pasternak]

Migration complete.

[Ben Pasternak @pasternak]

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.

[Ben Pasternak @pasternak]

Full $PASTERNAK mode is on.

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

[Ben Pasternak @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.

[Ben Pasternak @pasternak]

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.

[Ben Pasternak @pasternak]

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

[Ben Pasternak @pasternak]

@_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.

[Ben Pasternak @pasternak]

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

[Ben Pasternak @pasternak]

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?

[Ben Pasternak @pasternak]

I’m hearing your feedback and I want to focus more on supporting our community.

I’m going to be picking a few projects to start with and will be using my own personal funds to support them.

One of my main focus from now on will be to spotlight our best creators and help them succeed.

[Ben Pasternak @pasternak]

Believe will penalize rotators at the platform level.

Rotators ruin the ecosystem. Everything great in the world starts with belief and ends without it.

[Frank @frankdegods]

if the sellers aren’t punished then the ceiling will never be broken

paperhanding 8 figs in fucking PNUT drove more people to hold dogshit than every murad “believe in something” tweet