Explanation on Matters clapping function and LikeCoin creation fund allocation

Recently, Matters has received many inquiries from users stating that the LikeCoin available for articles that receive applause on the Matters site seems to have decreased significantly. After the Matters team has clarified the current situation, they will explain it one by one below:

1. LikeCoin team’s explanation: Creation funds have been suspended in early June. Currently, if a user is not an appreciative citizen and claps on the Matters site, he or she will not receive the LikeCoin airdrop, so the total amount of LikeCoin the author receives may become less; if the user is an appreciative citizen, the distribution mechanism remains unchanged. (The LikeCoin team also explained this matter on the LikeCoin Discord on July 14, please refer to it).

2. Since mid-June, we have received reports from users that they have encountered problems when transferring LikeCoin to their favorite authors (using the LikeCoin support function), such as getting stuck in the last step, being unable to send support, and showing "In Progress" after support. etc. We are communicating intensively with the LikeCoin team to try to confirm and fix the problem.

Matters also supports USDT and fiat currency tipping in any currency. During the feature repair period, you can also use USDT or fiat currency to support your favorite authors.

If the author gets your USDT support, he can get an additional matching donation from the advertising on the Matters Billboard chain. Currently, the matching donation has reached the eighth round. In each round, hundreds of users will get the matching donation. The highest single person can get 15 It ranges from ~20 USDT, which is a nice extra income for the author.

If you have not yet opened a cryptocurrency wallet, you can refer to the instructional guide on the site . There are instructional videos to guide you through the steps of opening a wallet, purchasing USDT, etc.

If you have any questions, please feel free to write to hi@matters.town