Published: Mar 05, 2018

Clout (CLOUT)

Website

Status

ICO

CLOUT is a blockchain database that promotes the cryptocurrency community’s growth and commitment to providing users with quality information in this massively growing space. The platform combines a social media concept with roots in users generating their own content to share with the added functionality of monetizing the online content market, specifically related to cryptocurrency.

Whitepaper

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Interest lvl

Updated: May 04, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

CLOUT

Token standard

ERC-223

What is Clout

CLOUTs 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 intrinsically by the users themselves through a reward system. Provides a platform for content sharers and creators alike, and constantly monetarily incentivizes members to make quality contributions through its daughter token, CLC. A reinvestment tool for similar block-chain projects; the value of promising advancements in the blockchain technology space will be recognized and promoted to members of the community.

Clout 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

- Generate CLOUT on site
- Create Media Update
- ICO Viewer Update
- Web Scraping Bots Update

Feb 28th, 2018 - Alpha Release 4

- Submit Outside Media
- CLC Submit
- CLC Vote
- WSB V.2

Feb 28th, 2018 - Private Beta Release

- Submit Social Content
- CLC Submit
- CLC Vote

Mar 31st, 2018 - Public Beta Release

- Test All Features
- UX/UI Testing
- Unit Testing
- Customer Feedback

May 15th, 2018 - Commercial Release V1.0

- Approved Beta
- Member Interaction
- Voting on features

Oct 31, 2018 - Commercial Release V2.0

- Prediction Market
- Multi Language Translation
- Reputation Scoring Engine
- Social Media Voting

Mar 15th, 2019 - Commercial Release V3.0

- CLC Exchange
- CLC Blockchain Integration
- Enhanced Voting

Token Sale Dates

ICO

Start date: Nov 16, 2017

End date: Dec 16, 2017

Funding Details

Funds Raised (as of now) 2,651,403 USD

Token distribution

2-5 million tokens - distributed to project early adopters during pre-ICO sale 10 million tokens (10%) - will be distributed to project supporters during the token sale. 30 million tokens (30%) - will be used to motivate developers and pay bounties used to develop the CLOUT Platform. 25 million tokens (25%) - will be allocated to the CLOUT Fund and will be used to invest in other blockchain projects over time, including ICOs and/or cryptocurrencies. 22.5 million tokens (22.5%) - will be used to motivate the CLOUT developers and executives overtime. 5 million tokens (5%) - will be retained by the founders. 5 million tokens (5%) - to be released every 1 year over the next 5 years, based on certain milestones in the CLOUT roadmap being achieved.