Clout - Media Decentralized with Blockchain-Based Platform

About Clout

CLOUT is a blockchain-based platform for the cryptocurrency community. A place where all sorts of information about the space can be accessed and shared. CLOUT leverages blockchain technology as an incentive layer for both users and readers, rewarding them for acting in the platform’s best interests.

CLOUT provides users with an intuitive interface based on the familiar social media concept. Users can monetize their crypto-related content, ensuring that the wealth they generate is not diverted to any other individual. On the other hand, readers are financially incentivized to monitor the platform and to curate content, promoting high-quality material and demoting poorly written, inaccurate or plagiarized content.

By building CLOUT, we hope to create a hub for cryptocurrency and blockchain enthusiasts, investors, and workers. A place where they can read and learn freely without fear of being misled. Although CLOUT is focusing on the cryptosphere, the open source nature of the project can be leveraged for other communities and ecosystems that may want to benefit from the technology.

How does CLOUT work ?

Clout network is built with two native tokens, the CLOUT token (ERC223) and it's daughter token CLC. Furthermore, members will be subsequently rewarded with CLC for their interactions with the CLOUT Network proportional to the type of interaction.

Users can earn their CLC by creating content themselves, or sharing a quality post created by any other member. CLC is also earned by upvotingquality 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.

Platform

The CLOUT Platform leverages blockchain technology to provide a multi-language platform where content creators and curators are incen-tivized to post and share high quality content globally. Through the CLOUT Platform, users will be able to create an account, edit their profile, search and find content, interact with the built-in CLOUT wallet and start posting and sharing posts.

The CLOUT Platform will feature a familiar and intuitive user interface with the common characteristics of a social media platform. CLOUT will implement Artificial Intelligence to automatically compose user views ensuring that each user is always greeted with the most relevant con-tent, according to prior activity.

CLOUT’s network provides the following functions for users :

• A “home base” for cryptocurrency news and media. It consolidates all infor-mation from various platforms and maintains the integrity of the content through a reward system.

• A platform for content sharers and creators alike with constant incentivizes to make quality contributions through its daughter token, CLC.

• Resources for ICO due diligence and promotion of promising advancements in the blockchain and cryptocurrency technology.

• A “Who’s Who” section in the world of cryptocurrencies and block-chain technology.

CLOUT Tokens

There are a total of 100 Million CLOUT tokens, which have already been generated. 1/10th of the total CLOUT tokens will be sold during the ICO. CLOUT plans for longevity by scheduling the periodic release of CLOUT tokens over time. 1 Million CLOUT tokens will be released every year for the next 5 years following the ICO.

CLC

CLC is generated by holding CLOUT tokens in your wallet. All CLOUT tokens purchased during the ICO will receive FREE accompanying CLC on a 1:1 ratio. Following the initial disbursement to ICO participants, CLC generation rate will decrease on a staggered schedule. For the first year following the ICO, 1 CLOUT token will generate 1 CLC per year. The following year, 1 CLOUT token will generate 1 CLC every 2 years. This process will systematically continue until 1 billion total CLC have been generated. In this way, CLC grows in scarcity and value with each following year, rewarding early participants.

In addition to this, users receive CLC when you refer a new user to the CLOUT network through our referral program.

Token Sale

To fund the development and marketing of the CLOUT platform and to ensure a fair and transparent distribution method, CLOUT is hosting a token sale. The CLOUT token sale will be divided in two stages, the pre-ICO and the main ICO.

Pre-ICO

•2.5 million tokens (2.5%) will be distributed during the Pre-ICO at $1/ CLOUT

The Pre-ICO started on the 27th of September and will end on the 17th of November or when 2.5 million CLOUT tokens are sold. During the Pre-ICO, fiat currencies, BTC and ETH are accepted. There is a 1 BTC / 10 ETH minimum participation requirement.

ICO

•5 million tokens (5%) will be distributed during Phase 1 ICO at $2.50/ CLOUT

•3 million tokens (3%) will be distributed during Phase 2 ICO at $5/ CLOUT

•2 million tokens (2%) will be distributed during Phase 3 ICO at $10/ CLOUT

The ICO will start on the 17th of November, following the Pre-ICO. The ICO will last for 30 days (December 17, 2017) or until the 10 million tokens are sold. During the ICO, BTC and ETH will be accepted. There is a 0.5 ETH minimum participation amount.

Pre Sale and ICO will have a registration process where identity documentation is collected, verified and married to the wallet address, phone number and email provided. 2FA will be required to authenticate phone numbers. Identity documents must verify residential address and email must be confirmed. *Individuals from areas of “high-risk” or participation amounts greater than $13,160USD need to provide additional data (source of wealth, funds etc).

Hard Cap: $50 million Individual Cap: $1 million

Roadmap

Nov 15th, 2017 - Alpha Release 1

Member Sign on

Create Media Page

ICO Viewer Page

Dec 30th, 2017 - Alpha Release 2

CLC Upvote

CLC Tracker

Web Scraping Bots (WSB) V.1

AI Automation

Jan 30th, 2018 - Alpha Release 3