🚨 NEW MARKET: Nikita Bier (@nikitabier) is now live.

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?

The $LAUNCHCOIN → $BELIEVE upgrade period ends in less than a week, on October 29. Over 50% of holders have already upgraded. Anyone still holding $LAUNCHCOIN as of October 29 will be able to claim $BELIEVE on our website during the final claim period. Based on community feedback, we are extending the final claim period from two weeks to four weeks, closing on November 26.

Join us today at 2 PM EST for a Builder’s Space with updates from founders across the Believe ecosystem, including @addicteddotfun, @HedgemonyFund, @RECCFinance, and @fittedcloset.

We’re giving out $10,000 grants to technical founders working on ambitious projects. Believe’s grant program has helped ambitious builders take their ideas from 0 to 1, and we’re excited to announce its return. Previous recipients include: @orgo — computers for agents @addicteddotfun — social finance game that has already done $3m in revenue @hedgemonyfund — an AI trading bot that profited $300K in a single day We can’t wait to see what the next cohort will create. If you’re building something ambitious and need capital and hands-on guidance, apply below.

Upgrading from $LAUNCHCOIN to $BELIEVE takes less than a minute via the Phantom app.