Clout platform is a peer-to-peer content sharing network built on the Binance Smart Chain. A peer-to-peer service allows two individuals to interact directly without intermediation by a third party. The platform allows new developers to create fully decentralized applications (DApps). 

Moreover, Clout aims to be a community-driven platform by employing a 100 percent smart governance model to build content democratization tools. The platform seeks to help game developers and content creators to create the type of content the community wants to see. Clout initially focuses on more interactive applications like games, social media, gambling sites, etc. These are incredibly engaging and are easier to democratize. 

As per its whitepaper, the platform seeks achieve its goal in three stages:

CLOUT is the native token of the platform built on the Binance Smart Chain. The company employs an 8 percent tax on every transaction. Three percent is redistributed among CLOUT token holders as a reward for holding the tokens. Three percent of the tax adds liquidity to the platform, and the remaining 2 percent goes to coin burning and marketing operations. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.  

The team at Clout comprises experienced entrepreneurs, developers, and marketers. The maximum supply of CLOUT tokens is one billion tokens. The smart contracts of Clout were audited by Tech Rate audit company in May 2021. Smart contracts are just like regular contracts, however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

We update our CLOUT to ARS currency in real-time. Get the live price of CLOUT on Coinbase.