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What is BitClout?

BitClout is a new type of social network that mixes speculation and social media, and it’s built from the ground up as its own custom blockchain. Its architecture is similar to Bitcoin, only it can support complex social network data like posts, profiles, follows, speculation features, and much more at significantly higher throughput and scale. Like Bitcoin, BitClout is a fully open-source project and there is no company behind it– it’s just coins and code.

Buying BitClout

The BitClout blockchain has its own native cryptocurrency, called BitClout, that you can use to do all kinds of things on the platform, including buy a new type of asset called “creator coins,” discussed below.

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BitClout: The Vision

The Vision

The Inspiration for BitClout. Today, we think there are several problems with social media:
    • There has been relatively little innovation with regard to how creators monetize. Most creators earn much less than they should on existing platforms, if they earn anything at all.

    • A handful of companies effectively control public discourse. Their decisions on what we see and don’t see are driven predominantly by what maximizes ad revenue, rather than something more aligned with public good.

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What is BitClout: the celebrities cryptocurrency

After the artwork and sneakers, it was only a matter of time before the cryptocurrency world moved on to humans. Officially presented as a social network with the ability to invest in people and posts through real money, BitClout allows its users to purchase an asset renamed Creator Coins, a digital currency linked to a list of celebrities ranging from Elon Musk to Kanye West, up to creators and youtubers like Logan Paul and Jake Paul.

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A new Social Network is born: it’s BitClout

Welcome BitClout! A new social network that proposes itself as the platform to speculate on creators, or other human beings, who become real stocks on which to invest. Transactions, of course, made possible through a cryptocurrency, the BitClout, which can be conveniently purchased in Bitcoin. Premise: lately there has been more and more talk of Cryptocurrencies (the most famous the BitCoin) and NFT: Non-fungible token. But how do they work?

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