What is CLOUT?
If you are interested in crypto-currency and you are trying to search for a platform to invest in, clout is defiantly the best option. Just like every other investment, we don’t encourage blind investment. Before investing your money it is very important to conduct a research about how safe the investment is. Clout basically means influence or power, but in cryptocurrency, it has a completely different meaning.
The concept of clout is very simple, we know that every year the original content created by the users earn billions of dollar revenue but the problem is that the value created never reaches the original user instead just like any other business monopoly the big sharks with big names and large social media outlets get all the credit. Similarly, the user does not receive anything as a motivation. There is nothing provided as a benefit to the high-quality content creator and no penalty for the low-quality content creator. This, as a result, develop an environment of fake and misleading news and a fake misleading information can end up becoming viral. This is exactly where clout comes, it aims to solve all these problems. It has the block-chain technology and they are creating a social media platform where they are providing incentives to the original content creator. They are dividing the wealth among the people who are the real heroes. They are using the earned money and spreading the wealth that they generated from the digital content and they are advertising this philosophy of devolution of the crypto-currency.
How does CLOUT work?
Now the question that everyone is interested in asking is how does it really works? The process is very simple, there are two native tokens. The original clout token called native token (ERC223) and daughter token CLC. For every interaction made by the member, they earn CLC via clout network that is proportional to the interaction type. The member can earn the CLC via interaction as well as via creating the original content and also by sharing the post that is created by the other member. CLC is also earned via upvoting which means that leaving a quality comment or promoting the already created post. One thing that makes clout different from every other platform is that both the content creator and the person who shares and promotes the content both get the reward for the contribution. Every member of the clout family gets the incentive for checking the quality of the post and authenticity of the information.
CLOUT Tokens
If you are already thinking about the investment the question is how investment works? There are 100 million clout tokens and they are already been generated. The team has formulated the distribution method, according to this method 1/10th of the tokens are to be sold during the ICO whereas, they plan to extend the scheduling of the periodic release of the clout token gradually over time. They are planning on releasing 5 million tokens gradually over the period of five years, after the ICO.
How to Invest in Clout?
Before investing it is very important to know the basics of clout platform. In short clout, is a social media platform where blockchain technology is used, the idea is to provide benefit to the content creators for the content they create. They are not incentive at every kind of content, they are only provided with incentives on posting high-quality content. The user via clout will be able to create the account, edit the profile, search content as well as communicate with the built-in wallet in the clout. On signing in the individual can easily start creating the content and share the post. In clout platform, the features will have the intuitive user interface with the usually used characteristics of social media. In clout there is artificial intelligence, and by using this artificial intelligence there is an automatic formation of user views that make sure each user is welcomed with relevant content. So if you have interest in games and you have been searching for games, on every login you will be welcomed with the content related to your interest.
Just like any other social media platform, the user will register or login the account. The best thing is you can also log in via your Facebook account, twitter account or even google account. Once you create the account, you are free to edit your profile according to your needs. You can add your profile picture, biodata, contacts and more information according to your need. There will be a built-in wallet for the user and it will have both native tokens ERC223 as well as daughter token, CLC. The main part of the eco-system of CLOUT includes a system where daughter tokens act incentives for the content makers and the sharers. After login, the user will be able to earn the CLC in yearly batches.
What is CLC?
The CLC token is basically the fuel that keeps the clout running, it is used as a wage for the content creators. The users can easily create, share, like and rate the content according to their liking and they will end up earning CLC. On posting the content it will be checked via the likes and rating for its authenticity so, like other platforms you can’t just post whatever you want. A percentage of CLC is paid to the creator for the post. Clout also has a feature of prediction market where the users are able to earn specific coins on the base of market movements every week. As a result of this process the lock-in wager, earn coins for most movements and ultimately, daughter token will be used as a wage and winning currency for the prediction market.
How to participate in CLOUT ICO?
CLOUT will start its token sale soon almost after 17 days and the very first phase will open to the public on 17th of November 2017, A presale or Pre-ICo is also available for early birds. After the completion of ICO CLOUT will be listed on various exchanges for sale.
So must join this great project as CLOUT will be the Best opportunity for all specially for investors.
Your Security is CLOUT top Priority:
CLOUT and the daughter token CLC are related and based on the latest cryptographic technology, and Clout will utilize the Ethereum network.Very strict adherence and secure ERC223 standard.
ERC2233 tokens are backwards compatible with all ERC20 functions and contracts and ERC223 token also able to resist Quantum attacks, As everybody knows Cryptocurrency and blockchain technology evolve into a most developed and advance adopted space,The ERC223 token standard will also become the new norm for Ethereum platform.
Conclusion
Like most social media platforms where every time you post something you only get likes and comments and earn nothing. Instead the earning goes to the stakeholders, clout is a platform where you will get authentic information and you will get paid for your content instead of other people benefiting from something that you have created.
Crypto currency has grown into $100 billion dollar market and still going up and block chain investors needs multiple platforms and multiple subcategories, The crypto community deserves a platform that is exclusively dedicated to it and only it CLOUT media decentralized.Hope CLOUT will be the best opportunity in near future for crypto community.
CLOUT main website: https://clout.io/
Clout Whitepaper link: https://clout.io/docs/whitepaper.pdf
Bitcointalk forum Announcement thread: https://bitcointalk.org/index.php?topic=2205020
Join the telegram channel group for latest news and help: https://t.me/cloutnetwork
Join the Instagram for latest updates: https://www.instagram.com/cloutnetwork/?hl=en
Join the slack for latest news and updates: https://cloutnetwork.slack.com/join/shared_invite/MjI4ODQyOTIxOTU2LTE1MDMwODk1NTAtMmNmOTRlNzI2Nw
My Bitcointalk forum profile link for any help Pm me:
https://bitcointalk.org/index.php?action=profile;u=1039087