Paragraph launches writer coins, 5% of tokens will be rewarded to past supporters

Foresight News reports that the Web3 content publishing platform Paragraph has launched writer coins to help writers and creators shift from paid subscriptions to tokenized support. The platform will pre-allocate approximately 5% of tokens as rewards to past supporters (such as Paragraph/Mirror readers, Zora/Base author token holders, subscribers, and Farcaster/Base followers), weighted by contribution. Writer coins are by default paired with WETH and can be linked with Zora or Base author tokens to achieve synchronized growth. When readers browse publications and read articles, the system will prompt them to purchase writer coins, and new subscribers can become supporters instantly with just one extra click.