CLOUT-media decentralized

CLOUT is a revolutionary new platform for the cryptocurrency world where you can find a wealth of content. On the CLOUT Network you can find everything from news and media about blockchain related projects, to articles on crypto investments and information on upcoming ICO’s. The platform also has suggestions and resources for newcomers to the blockchain and a who’s who of the entire industry, allowing users to follow reputable and knowledgeable experts. CLOUT’s platform is built by the people of cryptocurrency community, made by the people of the cryptocurrency community. 

CLOUT is a one stop shop for all cryptocurrency and blockchain related media. CLOUT is built upon the Ethereum network and has two native tokens. The first token is called CLOUT, the second token is called CLC. CLC is what powers the network, everything runs on CLC, it’s inexpensive and keeps the network free from clutter. Members can use CLC to post content, upvote and comment on other members post CLOUT by nature is spam and noise free ensuring only the highest quality and relevant articles appear using a crowd voting system. Utilizing CLOUT and CLC, the platform will help ALL cryptocurrency investors. The platform is designed for people that are brand new to the crypto world - to most seasoned names in the crypto space. 

The more members to join and actively use the CLOUT platform, the more accurate and quality the information will be. This is achieved through members themselves by filtering content. With existing platforms currently available, the more participants the more spam and useless posts to sift through. The way CLOUT is designed, through what we have dubbed “Crowd Wisdom”, this will make it easier to get exactly what members are searching for and will fuel the constant filtration of content. CLOUT will grow in numbers and mature in accuracy as the mass adoption of cryptocurriences continues. Until now, the crypto community has been extremely segmented. Communities are separated with hundreds of Slack and Facebook groups, making it incredibly difficult to manage. CLOUT will streamline this process and embrace the crypto community to come together for the betterment of the community itself. CLOUT’s members can rest assured that the highest quality information is available to all participants. To create this revolutionary platform CLOUT has established a team represented in over a dozen countries worldwide. The CLOUT token is what creates all of the CLC. CLOUT token creates CLC on a staggered release until 100 Billion total CLC is created. Reaching the 100 billion CLC limit will take almost 50 years, therefore CLC become more rare as time passes. How does CLOUT work? CLOUT is built on the Ethereum network with two native tokens, the CLOUT token (CLOUT) and the other being its daughter token CLC. CLC is what powers the network. Members can use CLC. Furthermore, members will be subsequently rewarded with CLC for their interactions with the CLOUT Network in different ways. 

A total of 100 million CLOUT tokens have already been created. One tenth of the total CLOUD Tokens are being sold during the ICO. Clout will periodically release CLOUT tokens every year for the next 5 years. This is designed to enhance the longevity of the project while also ensuring that current token holders can hold onto a profitable asset as time passes.

CLC is not released during an ICO. CLC is generated when you hold CLOUT tokens in your wallet. All CLOUD tokens purchased during the ICO will receive accompanying CLC on a ratio of 1:1. After the initial disbursement to ICO participants, CLC will generate on a staggered release schedule. For the first year after the CLOUT ICO, for example, 1 CLOUT token will generate 1 CLC per year. The next year, 1 CLOUT token will generate 1 CLC every two years. This process will continue until 1 billion total CLC are generated.

CLOUT tokens are designed to create three additional revenue streams for token holders, including the ability to:

• Generate CLC systematically, using the process we mentioned above
• Earn a proportional share of 2% of total advertising revenue generated by the CLOUT platform
• Receive referral CLC when you refer a new user to Clout through the referral program

CLOUT, like any digital token, will also be available to trade on an exchange.

Both CLOUT tokens and CLCs are based on the ERC223 standard (ERC223 is backwards compatible with ERC20 functions and contracts).

For more information please visit:

Webpage – https://www.clout.io
Whitepaper – http://www.clout.io/assets/v.4-clout-whitepaper-1.pdf
ANN thread- https://bitcointalk.org/index.php?topic=2186841.0
Facebook – https://www.facebook.com/clouttoken/
Twitter – https://twitter.com/clout_media
Instagram – https://www.instagram.com/cloutnetwork/?hl=en
Telegram – https://t.me/cloutnetwork

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