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CLOUT: Not Your Average ICO

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The rise of cryptocurrency over the past five years has brought with it a degree of mainstream awareness and, concurrent to an increased awareness, a strong demand for news and information related to the space.

A number of media outlets have positioned themselves as authorities in the sector, outlets like Coindesk, and many of the big-name players in financial sector – Forbes, Bloomberg, etc. – are dedicating substantial resources towards bitcoin and cryptocurrency coverage.

Right now, however, the media and information landscape in cryptocurrency is incredibly fragmented. For every quality article or valid opinion, there are 10 more of little or no worth and this has made it difficult to reliably and consistently find valuable information related to space.

One company is trying to remedy this problem – Clout.

Clout is about to conduct an initial coin offering (ICO) targeting the funding of a platform that has the potential to change the way individuals create, consume and distribute content and information in the cryptocurrency space.

In an attempt to figure out how it intends to do this, we took a look at the company’s white paper (available here).

Here’s what we found out.

Clout bills itself as the following:

“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.”

That’s pretty vague, but subsequent to this initial description the white paper goes on to outline the platform’s concept – it’s essentially a content distribution and creation database with a social element. Think Facebook crossed with Steemit and then limit content type to bitcoin, blockchain and other cryptocurrency related areas and you’ll be somewhere close to what Clout is all about.

But these sorts of content sharing, social platforms already exist – what makes Clout any different from the existing options?

In a word, incentivization.

The Clout team has been able to create a model that harnesses the power of Ethereum based smart contracts to allow users and content creators to reward other users who produce and share quality content. The higher-quality a piece of content or information is, the higher the number of Clout users that reward said piece of content and the higher the likelihood of the content appearing in the newsfeeds of users.

The model works as follows.

Individuals who take part in the Clout ICO will be issued with a certain number of Clout tokens, with said number reflective of the degree of participation (i.e., how much they invest) in the ICO. These Clout tokens are representative of their investment but – and here is the interesting thing – a second token, called CLC, will be the unit of currency that users issue to reward creators and sharers for quality content.

Post ICO, participants will receive one CLC for every Clout they hold. So, if you buy 1000 Clout tokens, you will get 1000 CLC tokens. After that, CLC are generated at predefined periods and, again, issued at a rate of one CLC per Clout through auto genesis mining and smart contract distribution.

Every batch takes an additional year to be generated and each batch totals 100 million CLC.

For example, the first batch will be generated one year after the close of the ICO, the second batch will generate 2 years later, the third batch after the 3rd year, etc.

What this means is that not only are investors rewarded for holding Clout post-ICO, in the sense that the Clout that they hold automatically generates an income in CLC, but, over time, the CLC supply will approach a predefined limit and, in turn, should appreciate in value in line with standard supply and demand laws.

So we’ve got a platform designed to incentivize users to share and create quality content and we’ve got a token system in place that rewards holders both for participation and for accumulation – how is Clout going to make money out of this?

Primarily, and initially, advertising.

In the content creation space, advertising is king and the team behind Clout recognize this. The company is going to partner with other blockchain projects and, through said partnerships, promote various blockchain based entities.

But again, however, this promotion model is anything but standard.

The ability to allow users to determine the quality of an offering or of a service with CLC as their voice allows Clout to ensure that it’s only working with top entities. Against a backdrop of the ICO space right now, which is plagued with unreliable operators, this is going to be a major differentiator for Clout going forward.

Additionally, Clout holders are eligible to receive a maximum 2% of advertising revenue generated, aligning the interests of users with those of the team behind the development and operation of the platform itself.

To sum up, then, this is a platform that could really fill a gap in the cryptocurrency and blockchain space right now and therein lies its value to a potential investor in the upcoming ICO.

Tokens will be available here from October 27 as part of the official ICO, but anybody looking to jump in early can pick up some pre-sale tokens at a token price of $1 here.

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Bitcoin

Wisebitcoin Launches Professional-Grade Crypto Exchange

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Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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ISW Holdings Continues to Transition Cash Assets into Bitcoin with $20K Purchase Ahead of Mining Launch

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ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that it is in the process of converting $20,000 of the Company’s cash holdings into Bitcoin. The Company also announces that it will be regularly conducting similar transactions on a quarterly basis to convert a percentage of cash flows into Bitcoin.

Management expects this transaction to be completed this week. The Company began transitioning cash resources into Bitcoin with an initial transaction in March 2019 at approximately $4,000/Bitcoin.

“We believe in the future of Bitcoin and digital payment systems, and cash represents an unproductive asset given the degree of monetary expansion, stimulus, and debt dragging down traditional currency systems,” commented Alonzo Pierce, President, and Chairman of ISW Holdings. “We are also on schedule to launch mining operations through our Pod5 solution at the Bit5ive renewable energy project by the end of January.” 

The Company formed a joint venture partnership with Bit5ive, LLC, (“Bit5ive”) in May to build and deliver an elegant, powerful, and efficient data center pod design. The Proceso Pod5ive Datacenter is the result. Designed in partnership with Bit5ive, and geared primarily for the cryptocurrency mining industry, the Proceso Pod5ive Datacenter offers next-generation dynamic self-management functionality, plug-and-play operation, virtually non-existent maintenance needs, and an industry best-in-class 1.06 Power Usage Effectiveness score.

The Company’s first mining pod is set to…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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