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.
What is CLOUT?
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.
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.
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.
How to Participate in CLOUT ICO?
CLOUT is having it is Token Sale soon. The first phase open to the public beings on the 17th of November, 2017. A Pre-ICO is to be had for the early birds and accepted individuals. After the ICO, CLOUT tokens may be listed for sale on diverse exchanges.