MEDIA DECENTRALIZED - CLOUT
CLOUT aims to take care of all the concerns by creating a brand new social media platform. It makes sure that in the newly built platform, curation is strictly incentivized. Apart from that, it also ensures that the revenue is equally shared amongst the creators of the contents. The wealth that is distributed to the creators is the result of monetization.
CLOUT is a blockchain based platform that promotes the cryptocurrency communities growth and is devoted to offering customers with quality statistics in this hugely developing area, The platform combines a social media interface making use of user-generated content, with the additional functionality of monetized rewards for network interplay.
The CLOUT network hosts an expansion of news and articles approximately the blockchain further to articles overlaying crypto investments, in addition to an in-depth & modern-day analysis of all upcoming ICOs. For the first time, influential individuals of the community could be acknowledged in CLOUTs segment on the Who's Whoof crypto.
How does CLOUT work?
Clout network is built with local tokens, the CLOUT token (ERC223) and it is daughter token CLC. Furthermore, participants might be eventually rewarded with CLC for his or her interactions with the CLOUT Network proportional to the type of interaction.
Users can earn their CLC by creating content themselves, or share a quality post created by any other member. CLC is also earned by upvoting quality posts as well as by leaving quality comments on existing posts.
CLC is what differentiates CLOUT from other platforms. It is only at CLOUT where both the content creator and the content sharer are rewarded for their positive contributions. Each & every member of the CLOUT is incentivized to monitor the space for quality.
CLOUT Tokens
There are a complete of 100 Million CLOUT tokens, that have already been generated. 1/tenth of the total CLOUT tokens could be offered all through the ICO. CLOUT plans for sturdiness via scheduling the periodic release of CLOUT tokens through the years. 1 Million CLOUT tokens might be released every 12 months for the subsequent 5 years following the ICO.
The Token Sale
The token sale is brought up for two major things and they are: First, to fund the Clout platform and second, to make sure that there is a transparent and fair method of distribution of tokens. This is how Clout takes care of everyone.
In the pre-ICO sale, the total tokens to be used up are 2.5 Million and they will be equally given in the Pre-ICO at the running rate of $1 for every Clout token. The pre-ICO dates are over and the BTC and ETH currencies were welcomed during the Pre-ICO period.
The ICO will, however, begin after the Pre-ICO sale is over. The ICO will last for a good 30 days. The total number of tokens to be utilized in the sale will be 10 million. The minimum amount for one to be a part of ICO is 0.05 ETH. BTC and ETH will be the accepted currencies for the ICO.
The hard cap is $50 million and the individual cap is $1 million.
After the $50 million cap is raised, here is how the fund will be utilized in the Clout Platform.
• 40% - Marketing
• 30% - Research and Development
• 15% - Business Relationships
• 10% - Misc
• 5% - Legal
CLC
CLC is generated by conserving CLOUT tokens in your wallet. All CLOUT tokens purchased in the course of the ICO will get hold of FREE accompanying CLC on a 1:1 ratio. Following the initial disbursement to ICO participants, CLC generation fee will lower on a staggered timetable. For the first year following the ICO, 1 CLOUT token will generate 1 CLC in line with the year. The following year, 1 CLOUT token will generate 1 CLC every 2 years. This manner will systematically continue till 1 billion overall CLC had been generated. In this way, CLC grows in shortage and price with each following 12 months, rewarding early members.
In addition to this, users get hold of CLC whilst you refer a new user to the CLOUT network via our referral program.
Your Security is our Top Priority
CLOUT tokens & CLCs are based on the today's developments in the cryptographic generation and make use of the modern day upgrades in token protocols within the Ethereum community. Strict adherence to the extra sturdy and secure ERC223 well-known - an improvement on the same old ERC20 protocol - makes CLOUT & CLC early adopters of the drawing close enterprise general, in addition to of the most secure & function rich tokens available on the market.
ERC2233 tokens are backward well matched with all ERC20 functions and contracts, however, have introduced capability, inclusive of the potential to greater efficiently manage token transfers, deal with more varieties of incoming contracts, and innate safety in opposition to sending tokens to a wrong or beside the point deal with. ERC223s tokens are also capable of resisting quantum attacks, in contrast to their ERC20 predecessors. As cryptocurrency and blockchain generation evolve into a greater advanced and widely followed space, the ERC223 token fashionable will become the brand new norm for Ethereum community tokens.
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FOR MORE INFORMATION PLEASE VISIT:
Website: http://clout.io/
Whitepaper: https://www.dropbox.com/s/1a4asxipoo89qyr/WP_new. pdf
Facebook: https://www.facebook.com/clouttoken/
Telegram: https://t.me/joinchat/EgBSqkFCSfqrHVLWnaBszA
Twitter: https://twitter.com/clout_media
AUTHOR: Brainerdpaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
ETH Address: 0x1461b1E13ac15B849B8fa54DcFa93B3961992642