CLOUT - Blockchain Platform that Promotes Cryptocurrency Communities Growth

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.

Today, online media and mobile content are the leaders of the publishing industry. Offline content generated in a centralized manner (i.e. print) does not see a high rate of social publishing nor does it create a significant revenue stream for the creator or the sharer of said content. Blockchain technology works as a digital, distributed ledger in which transactions, balances, wallet addresses, and more are chronologically recorded. Information stored on the blockchain is both public and immutable.

Cryptocurrency has grown into a $100 billion-dollar market that will continue to grow exponentially as it continues to spark the public interest. However, blockchain technology enthusiasts and investors alike are forced to navigate multiple platforms, multiple subcategories. With what seems like a never-ending sea of inaccurate or biased posts when looking for new information. The crypto-community deserves a platform that is exclusively dedicated to it and only it: CLOUT - Media Decentralized.

CLOUT Vision

Our vision for utilizing the blockchain as an incentive system for CLOUT is essential to cryptocurrency mass adoption. In terms of storage, the CLOUT Platform is going to use decentralized distributed storage networks such as IPFS. CLOUT developers will incorporate a distributed application execution and are monitoring many major distributed computation platforms. CLOUT plans on hosting major components of the system on such platforms once closer to the production phase of development. 

CLOUT Mission

CLOUT aims to become the standard in quality for everything crypto-news, media, and investment. It is an online based integrated software that gives cryptocurrency investors a home. CLOUT aims to creating a new social-media platform where curation is incentivized and where advertising revenue is shared with the content creators, thus spreading the wealth that is generated through digital content and further advancing the overall ethos of decentralization and cryptocurrencies.

CLOUT Platform

The CLOUT Platform leverages blockchain technology to provide a multi-language platform where content creators and curators are incentivized 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.

Users will be able to register or login with their account or through their Facebook, twitter or google accounts. Once the account has been created, the user is free to edit his profile, including the profile picture, description, contacts, and more. The user dashboard will also feature a built-in wallet for the ERC223 CLOUT and CLC tokens.

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.

A vital part of the CLOUT ecosystem, the CLC tokens act as the incentive layer for content creators and sharers. By holding the CLOUT token, users will be able to receive CLC in yearly batches. The CLC token acts as the fuel for the platform and is required to create, rate, like or share content within CLOUT. If a member's post or comment is rated accurate or liked by the community, a percentage of the CLC gathered will be paid back to the original poster.

CLOUT’s network provides the following functions for users:

• A “home base” for cryptocurrency news and media. It consolidates all information 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 blockchain technology. 

CLOUT Token Sale

The CLOUT Platform has two native tokens:

• CLOUT token (symbol CLOUT)
• CLOUT Currency (abbreviation CLC)

CLOUT and CLC act as a utility token(s). Like the Proof of Stake mining concept, CLC is generated by holding CLOUT. This ensures that those who receive the CLC token have a vested interest in the CLOUT platform, which directly incentivizes them to act in its best interest.

CLOUT purchased during the ICO will receive the corresponding CLC at no cost. Any CLOUT purchased after the ICO closes will need to wait for it to generate additional CLC or purchase it on its own. The CLC token will be distributed proportionally in accordance with the CLOUT tokens held. With the increasing rate of new block generation, the total limit of CLC will be achieved in 2062. CLOUT holders can initiate a transaction at any time to claim their CLC tokens to their wallet addresses. Users will have access to their CLOUT and CLC following their purchase in the ICO.

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

Referral Program

CLOUT token holders will receive a certain amount of CLC tokens based on how many new members they refer to the CLOUT Network. CLC will be rewarded to users who refer new subscribers to the CLOUT network based on a tiered system. The earlier the referral on the CLOUT roadmap, the bigger the CLC reward. Referrals are rewarded as so:

• Referrals made post-ICO - December will receive 1 CLC.
• Referrals made Q1-2018- Q2-2018 will receive 0.75 CLC.
• Referrals made post-Q2-2018 will receive 0.5 CLC

The CLOUT project will use of proceeds from the sale to fund the operations and development of the CLOUT platform. The following funding breakdown was devised assuming the $50M USD cap is raised :

• 40% Marketing (Growing CLOUT brand)
• 30% Research and Development (R&D)
• 15% Bilateral Business Relationships
• 10% Misc.
• 5% Legal

CLOUT Team

Team CLOUT is the personification of the level of quality the platform will bring to its users. With members representing 13 different countries worldwide, CLOUT has one of the most talented and diverse teams in the world. Each member is highly accomplished in its field and has extensive experience and knowledge with blockchain technology and high-growth startups.

CLICK LINK BELOW FOR MORE

CLOUT Site : https://clout.io/

CLOUT Whitepaper : https://www.dropbox.com/s/1a4asxipoo89qyr/WP_new.pdf

CLOUT Telegram : https://t.me/cloutnetwork

Profile bitcoin : https://bitcointalk.org/index.php?action=profile;u=1343532

ETH Addr :  0x0243E433ee123cDB927e22e99FA31D0d34195A38