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Description

Description


The Clout Network is a decentralized social media platform where users are rewarded for writing, sharing and upvoting the highest-quality posts. The platform is cryptocurrency and blockchain-specific, giving cryptocurrency enthusiasts and investors an information hub with incentivized curation. The CLOUT token is an ERC223 token that allows the user to receive period airdrops of the CLC token, a utility token used to pay the platform fees and to reward writers and curators.

Full Name Clout (CLOUT)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website http://clout.io/
Twitter @clout_media
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


The Clout Network is a decentralized social media platform where users are rewarded for writing, sharing and upvoting the highest-quality posts. The platform is cryptocurrency and blockchain-specific, giving cryptocurrency enthusiasts and investors an information hub with incentivized curation. The CLOUT token is an ERC223 token that allows the user to receive period airdrops of the CLC token, a utility token used to pay the platform fees and to reward writers and curators.

Team:

  • Sean Kirtz: Founder and President 
  • Frank Lucido: Co-founder and vice president 
  • Dean James: Co-founder and COO 
  • Simon Josef: Co-founder and Design Lead

The Clout Network ICO will start on the 27th of October and will last for one month until the 27th of November or until the cap is reached. The total ICO allocation represents 7% of the total token supply and will be available for ETH and BTC. The ICO funding cap is $33M. 

Token Reserve Split (XX%):

  • 3% Pre-sale
  • 30% developers and bounties
  • 20% CLOUT Fund 
  • 25% developers and executives overtime
  • 10% will be retained by the founders
  • 5% to be released every 1 year over the next 5 years

The Clout ICO features a bounty campaign.

ICO Status Ongoing
Token Supply 100000000
Start Date 2017-11-17
End Date 2017-12-17
Fund Raised (BTC) 2,528,087 CLOUT sold.
Fund Raised (USD) N/A
Start Price (USD) N/A
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/@CLOUT.IO
White Paper http://clout.io/assets/v.6-clout-final-wp-oct.6.pdf
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