Website

Clout (CLOUT)

ICO

Last updated: May 04, 2018

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.

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Overview

Project industry	Media
Whitepaper	Open

Technical details

ERC-223 Token

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.

Details

Public sales: Nov 16, 2017 - Dec 16, 2017
Raised: 2,651,403 USD

Token info

Ticker: CLOUT
Token standard: ERC-223
Accepted currencies: BTC, ETH, USD, ETH
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.