CLOUT Media Decentralised to providing users with quality information in this massively growing space

CLOUT Media Decentralised to providing users with quality information in this massively growing space

Hello everyone, I will introduce the  CLOUT Media Decentralised company project, to providing users with quality information in this massively growing space. Hopefully this article useful for you.


What is CLOUT?
The CLOUT network hosts a variety of news and articles about the blockchain in addition to articles covering crypto investments, as well as a detailed & current analysis of all upcoming ICOs. For the first time, influential members of the community will be acknowledged in CLOUTs section on the Who's Who crypto.

CLOUT is a blockchain-based platfoim 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 in centivized 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.

More About CLOUT visit official CLOUT : WEBSITE , WHITEPAPER

About 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 will generate on a staggered release schedule. For 1 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 will continue systematically until 1 billion total CLC are generated. CLC becomes more scarce and more valuable over each passing year.

CLOUT SECURITY 
  1.  ERC-223 Token - The CLOUT ecosystem Is based on an open source cryptographic ERC-233  token named CLOUT (CLOUT Token). CLOUT is fractionally divisible, transferable and fungible.
  2. HomomorphIc Encryption - Homomorphic encryption is a form of encryptIon that allows computations to be carried out on cipher text, thus generating an encrypted result which, when decrypted. matches the results of operations performed the plaintext. this is a desirable feature in modern communication system architectures. 

CLOUT Business Model


Buy tokens and make your fortune with us!


CLOUT TOKEN DISTRIBUTION METHOD

CLOUT’s 100 million tokens are allocated to three categories:

 1. 1st Allocation- 10 million tokens (crowdfunding)

3 million tokens (3%) will be distributed during the Pre-ICO at $1/ CLOUT
4 million tokens (4%) will be distributed during Phase 1 ICO at $2.50/ CLOUT
2 million tokens (2%) will be distributed during Phase 2 ICO at $5/ CLOUT
1 million tokens (1%) will be distributed during Phase 3 ICO at $10/ CLOUT

2. 2nd Allocation- 70 million tokens

10 million tokens (10%) will be used to motivate the CLOUT developers and executives over time.
10 million tokens (10%) will be vaulted in cold storage
50 million tokens (50%) will be distributed to the CLOUT network.
  • 10 million tokens will be used to motivate developers and pay bounties used to develop the CLOUT network.
  • 20 million tokens will be used to cross-invest in other block-chain projects, owned by CLOUT execs and only used for CLOUT projects.
  • 10 million tokens will be retained in order to reinvest into the ICOs promoted on the CLOUT network.
  • 10 million tokens will be held on “standby” which are ready to be released into the market immediately to protect the users and the network from hacks and phishing attempts. 

3. Third Allocation- 20 million tokens

10 million tokens (10%) locked in cold storage only to be released via smart contract
2 million tokens (10%) to be released every 1 year over the next 5 years, based on certain
milestones in the CLOUT roadmap being achieved.


FUNDING BREAKDOWN

The CLOUT projects expected the use of proceeds from the crowd sale, assuming $33M USD is
raised.
• 40% Growing CLOUT brand
• 30% Research and Development
• 15% Employee Salaries
• 10% Misc.
• 5% Legal

Marketing: Our marketing efforts include enhancing cooperation with potential new members and
operators to allow as many to join the platform as possible. Additionally, we plan to focus our efforts
on marketing CLOUT to broad audiences with traditional social media platforms.

R&D: The CLOUT network will be on the cutting edge of today’s technological advancements.
Funding to develop the platform as well as the CLOUT token and CLC daughter token and all of their
many vast functionalities.

Employees: Developing the CLOUT platform involves considerable time and energy. This component includes all of the members of the CLOUT team salaries including the developers of the tokens, platform and open source app. 

Miscellaneous: For unexpected financial situations, or if any other category’s total cost was underestimated.

Legal: To retain legal counsel for the CLOUT network.


How to invest in CLOUT?

CLOUT is having its ICO soon! The first Phase starts on October 27th, but there’s a Pre-ICO for the early birds and accredited investors. Check out the ICO section for all of the details!
 
After the ICO, CLOUT coins will be listed for sale on exchanges and CLC tokens will be listed in the near future
 
Connect with the CLOUT team on Slack, Twitter, Facebook, Youtube, Telegram, and a host of other social media platforms for the latest news leading up to the ICO!

TEAM MEMBERS

Sean Kirtz - FOUNDER
Dean James- CO-FOUNDER/COO
Simon Josef  - CO-FOUNDER/DESIGN LEAD

ADVISORS

Ryan Fugger (Concept Originator Ripple) - CHIEF ADVISOR

More information on the CLOUT Media Decentralised company project please visit the link here:


by: andigentho
Eth address : 0x158CAd0e2dc87435a5BbE5eC2F0bd7aA6d352B1B