We are pleased to announce our next AMA on September 24th 2021 at 11:00 AM UTC Time: Satoshi Club x Clout.art
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Clout.art Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Clout.art Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Clout.art
For more details:
Clout.art Website – clout.art
Clout.art Telegram – @cloutdotart
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Clout means influence and power so how and what strategic ways do the developers of the clout.art plan on gaining and becoming what it name implies for a successful and perfect project work?
Talking about Staking it is found that The value creation for content creators and SWAY stakers in your project is interdependent since staking drives value and value drives staking. What makes the Staking your poject ecosystem more attractive to investors & coin users of the Staking ecosystem like me?
With the assumption that staking is positively correlated to the economic health of content creation. How do plan on maintaining and sustaining the health of all possible content to be utilized by clout art, to ensure you come out with the best output given no room to any error funtionalities?
In the first step Clout.art is concentrated on Instagram content offering users to make their photos unique by NFT. Is your system able to create NFTs out of videos too? Please explain why each post trasformed into NFT must be deleted from the sourse? Thank you
I read that cloud.art can possibly turn my most valuable content such as most successful Instagram post into NFTs.
How does Clout.art turns people’s most valuable content, such as most successful Instagram posts, into unique NFTs?
How will my content become part of a valuable collection of assets and a source of income?
What do I need to do as a cloud.art user to achieve this amazing opportunity?
From your medium, I have read about how much you appreciate LucidBlue VC, which based in China, because they has been active in ecosystem and venture building in the crypto space since 2017. They were also instrumental in developing the Polkadot ecosystem in China, investing in and incubating around 15 Polkadot projects.
Since 2020, they have been actively researching and venture-building in DeFi and NFTs and have taken the lead in building the Polygon ecosystem in China.
So my question is,how have this development affected cloud.art positively,that make cloud.art conclude that LucidBlue VC is a perfect fit for Cloud.art?
Is there any other interesting benefits you have gotten from LucidBlue VC that have help grow Cloud.art?
I noticed that cloud.art are elated to offer the first $SWAY allocations to the Launchpool members and the $LPOOL holders.
Please what are the requirements for each member to get this offers? As a $LPOOL holder, how much $LPOOL do I need to stake before you offer me $SWAY?
Is it for any $POOL holder?
To eliminate bias and promote fairness and transparency among all of your users, May I know, what will determine the price and value of an social media post NFT in your platform? Do you have some sort of price discovery mechanism to generate the true value of a certain content? What are the factors that influences the quality, rarity and uniqueness of a content? How do you measure them?
Can you tell us your policies to what will happen if a user’s social media account got deleted/reported/banned from the social platform itself? Will the minted NFT degrade/decrease its value and price? Will the NFT be burned also together with the deleted social media account? How does Clout Art deal with these scenarios?
Would you care to explain Clout Art’s “Lazy Minting” service? It says that it allows users to create NFTs in your platform without paying any amount of gas fees upfront. What the main difference between an NFT which was minted in an ordinary/traditional way when compared to an NFT which was minted through your “Lazy Minting”? Also, does it still require my post/content to be deleted upon minting through this way?
Clout.art turns your most valuable content, such as your most successful Instagram posts, into unique NFTs. Your content becomes part of a valuable collection of assets and a source of income. This is exactly what I read on your website. While this is a great idea, I wonder how possible and feasible it will be to do this. Can you please explain how this is going to be possible? Since you said “Your most successful Instagram post”, what exactly does it mean for an instagram post to be successful? Does this entails that contents are given preference on the Clout.art platform?
Generally, seed and private sale tokens are distributed to recipients’ wallets after the events. Contrastingly, $SWAY will be deposited into your staking platform, XPORTAL for automatic staking. You have indicated that “their owners” will redeem and transfer them to respective wallets. However, it is not clear to me who are these owners. Who have the responsibility of sending tokens to the respective wallets? How do you assure that there won’t be any third party interventions to your XPORTAL? Further, what is the reason for choosing this model instead of distributing tokens directly to the recipients? What are the advantages from your side and from the recipients’ side?
It caught my attention that you are planning to integrate with TikTok in the next quarter. Partnerships can determine the direction of a project. Can you please let me know what are the mutual benefits of this collaboration between CloutArt and TikTok? How does TikTok impact on the future developments of your project? Further, your roadmap ends from the first quarter of 2022. You have planned to begin accepting voting proposals from token holders within that quarter. It indicates that you have more future goals. What is your ultimate target? Please explain about your future plans to achieve that target because they are not included in the roadmap.
I noticed that your private sale is ongoing. Although private sale waitlist is currently open, I need more information on the sale before applying. Is there a minimum and maximum amount that we can invest? Is it a must to join the waitlist if we want to participate in the sale? Does everyone who register to the waitlist get an opportunity to purchase tokens from the private sale? If no, how can I increase my chances of winning a slot? Further, do you have a KYC policy? If yes, please explain the procedure. Please let me know the deadline to join your waitlist. If I miss this sale, what would be the next option to purchase $SWAY?
I have read that celebrities can make millions off of their Instagram posts. But they are the ones with hundreds of millions of followers, and average users like myself cannot enjoy any of the benefits. Will Clout.art work similarly? With the most click-attracting posts taking most of the rewards? Or are there ways in which the platform helps their community members gain an audience? What are the minimum engagement numbers needed to convert our posts into NFTs?
According to your roadmap, in July, you launched the first version of your platform to investors and early adopters. Would you tell us what were some of the benefits you gave the early investor in particular? How many people participated? Are there any special airdrops coming soon? What would be the requirements?
I’m asking to understand. There are already many projects that allow content creators to make money through NFTs (arts, sports, etc.). Clout.art wants to enable users to monetize their social media posts by presenting their NFT content. What is your difference? What is the layer above social media platforms in crypto?
I read that Clout art allows users to convert their most successful posts into NFTs! The concept of success is subjective to each person, right? When you say “most successful posts” do you mean posts with a lot of likes and comments? Is Clout Art focused only on influencers? Or even if a post has few likes and comments, can it also be converted into an NFT? Is it the user who decides the definition of “successful” or the Clout Art team?
Clout is working on market verticals such as mainstream and extreme sports, influencers’ moments, and popular culture, and you seek only a limited number of these one that you can manage.My question is, how many of these market verticals do you currently have on you platform?Does that also mean that you will allow anyone to absolutely own and monetize any content they put up online that falls within these verticals?
Each NFT listed your platform are graded by a system called the Clout.art score. It is governed by an algorithm that determines a post’s value based on metrics such as age, likes, comments, and others.My question is,What is the age range of a post that will determine its value?How many likes and comments should an NFT have that will also determine its value?You also mention that once an NFT is minted,all pertaining data stored with the post will be forever locked on-chain,can you tell us your reason for that extensive lock?
To mint a token, users will have to use the NFT minting tool,Is this minting tool the same as the one that will notify content owners of a new bid and update done under their contented posted in Instagram?And to use this NFT minting tools,users will need to have certain amount of $SWAY tokens from their wallet,what then is the amount of $SWAY token users need to purchase before minting an NFT?Can you tell us how minting is done on your platform since only post from Instagram are minted?
What makes an NFT such a technologically and financially valuable element, do you consider that NFTs will be the form of visual and auditory artistic expression of the future? What is the relationship between Clout.Art and Tik tok and Instagram, will Clout.Art work as a social network or does it use them as a production tool?
The implementation of the blockchain will be optional in Clout.Art through the Release of a version 2.0? Tell us a little about the relationship of the SWAY and Clout.Art protocol and how the adoption of mining works through them, how is the basic process to create an NFT from Tik Tok, Twitter and instagram and how the transfer is executed of value from the old world to the new?
What value or meaning does “influence and art” have for Clout.Art, what is the importance of the minting and tokenization of the NFTs, do you consider that the blockchain is really necessary for the development and evolution of the NFT market, for many it is a mystery the nature of NFTs, is it among Clout’s plans, does Art function as a bridge between new crypto and non-crypto entrants and cryptography?
They say that Clout.art turns your most valuable content, such as your most successful instagram posts, into unique NFTs. Your content becomes part of a collection of valuable assets and income streams. It can be seen that NFT is undeniably a big deal in the blockchain space right now. More and more NFTs are being created across platforms like music, art, games, and collectibles. So how is the Clout.art platform different from other NFT platforms? What is your biggest advantage for attracting investors? Some NFTs are rich in artistic value, however, how can you ensure that the NFT displayed in your platform can reach the needs and “needs” of your customers? So, can you elaborate on how you can evaluate NFTs and connect artists with clients?
Clout.Art is not, nor does it intend to be, a social network. Most of NFT’s social projects are trying to become the next social network that will kill Facebook and Instagram and everyone. What is the key differentiator of Clout.art from other projects? Do you think creators would abandon their platforms and communities that they have built for 10 years because of NFTs? How Clout.Art is developing to coexist with traditional social networks?
For IG, even if you put an image there, you still have full ownership over it. Instagram too, but you’re free to do whatever you want with it – the moment an NFT is minted through a decentralized system, it’s stored in your wallet. So if you initially owned that content on IG, for example, it means that you have the right of ownership. For what Clout.Art will allow to convert any type of content to NFT? How do you classify the content to be converted to NFT on the platform? Ownership is 100% of the creator?
for creators / influencers, even more so for micro influencers, they have a real problem of making money with these platforms; The payoff is often sacrificing your creativity to get well-paying brands involved. How through the dd Clout.Art platform influencers manage to monetize their content in a good way? Do you estimate the profit percentages to be higher than that of classic platforms? Will the requirements to access the earnings be easy to meet?
The initial issuance of SWAY is 100 million with a further 100 million to be distributed as incentives for platform adoption. This means that there will be continuous issuance of new tokens, up until the 200 million cap. Since content creators join the platform and create pools while users stake $SWAY into the pools, who gets the platform adoption token/incentive among the two adopters? If the two platform adopters gets the token/incentive, how is the token allocated/split to them? Is there anything a content creator or SWAY token staker do to increase his allocation if the incentive?
Clout.art through the SWAY social protocol are establishing a ‘Shareconomy’ model where the fans also get rewarded when supporting their creator. Can you explain the ‘Shareconomy’ model through the SWAY social protocol and how it works in your ecosystem? In what ways can fans support their creators? What are the rewards fans get for their support to creators?
You mentioned that Clout art starts with turning the most successful Instagram posts into NFTs and continues with content on TikTok and Twitter. There are other social networks that are also widely used and famous globally, such as Facebook. Have you thought about adding Facebook to your list soon? Among all the social networks that currently exist, why did you decide to start with instagram posts first?
Clout.art turns successful Instagram posts into unique NFTs. I became interested in the technical side of this process. What does he look like? What actions are required from the content author? And does the content have to meet any requirements or the author can monetize any of his publications? And what should be his next steps, how can an author sell his content converted to NFT?
Clout.art helps to monetize content only on Instagram or some other social networks?
Clout.art encourages users to turn their most prized posts on NFTs, but is it necessary to be an influencer with thousands of followers to be able to monetize our content? What requirements do you ask to start the monetization process?
I see that in the steps to connect the posts with the Clout.art service it is necessary to delete the original post on the source channel, so it would be impossible to continue gaining likes and comments in the original source… can you tell us what benefits this brings? Why don’t you allow your users to keep their original posts?
For your minting process, a user is to provide a URL address of their post and such post must be at least 48 hours old. Also, only creators with at least 150 followers and whose posts achieve a certain minimum clout.art score can be minted. I would like you to elaborate on the points raised. Why does minting of that special user post only allow a limited timeframe of 48 hours and 150 minimum followers, and what criteria does your scoring system follow? Finally, may I know why a user must delete the selected post from their social media account before the minting process commences, isn’t there a better way to achieve this?
Clout.art is a project that allows users to convert their most valuable material into NFTs. What gives that NFT monetary value once it’s been generated, and does it have a starting price?
Why must users delete their original Instagram post before creating a Clout art NFT from it?
Clout.art will allocate 10% of it’s total token supply (about 20 million tokens) to it’s special airdrop event for creators who sign up to it’s platform, performing one minting and burning activity. Can you let us in on the distribution formula for this, how much tokens will each eligible creator get, and how often will this tokens be airdropped? It is also stated that special xSWAY tokens are used as the specified airdrop tokens and this tokens can be redeemed later for $SWAY tokens. Therfore why issue xSWAY tokens for this, does it have an economic value within the Clout.art ecosystem, and what functions does it give the creators?
Hello Clout art team. I saw on your website that you have the link to register in the private sale waitlist. Does this registration guarantee the opportunity to participate in the private sale of the Clout art token? What benefits will users who are registered on this list receive? Will you randomly award some tickets for the private sale to the registered users on this list? Thank you!
Clout.art turns most valuable content, such as must successful Instagram posts, into unique NFTs. Such content becomes part of valuable collection of assets and a source of income. Could you please tell us how exactly this could bring some earnings to the content Creator on the Clout.art ecosystem? Where can Clout.art App be downloaded from and what versions are there?
Clout.art aims to create an economy that puts creators first, so If we wonder what it is that creators crave the most, we come to the conclusion that it is long-term profitability and above all the assurance that their creations will not be plagiarized and demonetized. Can you tell us how your project protects copyright and prevents plagiarism?
On your website you have a direct link to discover the benefits of the Sway Social Protocol, I could read that Clout.art is the first utility of SWAY and is due to launch the token and protocol by end of Q3 2021, could you summarize what this social protocol is and what are the benefits of including it on your platform? Also, when do you foresee that it will be integrated into Clout.art and what utilities will it have in your ecosystem?
I heard that Alphabit platform intends to fund a $1.4 million investment for Cloud Art platform. How will the investment of Alphabit be a vast factor in pre-IDO platform’s launchpool to maintain the liquidity without a shortage? Can you tell us about the bond between the Alphabit platform & Cloud Art Platform? How will the Alphabit play a prominent role in the long term of Cloud Art ecosystem & $SWAY token? Conversely, What kind of gratitudes will you offer to the Alphabit platform for their investment?
The social media is generally unregulated. Some of the most popular posts you find on social media might be one that is controversial. It couldn’t be a racist post or a topic about sensitive issues in a country or posts violating LGBTQ rights.
Will this kinds of post also be accepted for minting into NFTs or do you have policies to checkmate this kind of posts?
Also, some popular posts may be the work of another person. Such person might not be popular on social media but the person posting might have large followership on social media. How do you want to determine the originality of a popular post?
In case you were not able to determine if the person minting the post was the original owner and the post was minted, will you give the original owner a compensation if he protests and you eventually find out the truth?
Are there sanctions in such cases?
Some posts especially videos on social media already have ads embedded in them because the owners of such accounts had accepted for their accounts to be monitized.
Most of this post usually have large amount amount of engagement on social media. Will there not be a legal tussle between Clout and the social media companies if such posts are minted?
Do you have any agreement in place with social media companies since they are the ones providing the platform to make posts viral
Clout.art begins by converting the most popular Instagram posts into NFTs, then moves on to TikTok and Twitter material. Any piece of material will eventually be able to power a new social network powered by an economy that prioritizes creators. Could you please tell us how you intend to handle this? What technologies or tools would you employ to convert Instagram posts into NFTs? Are these NFTs going to be useful? What are the benefits of converting an Instagram or other social media post to NFT? Will this be a Memorabilia item that can only be purchased for personal collections?
Creators on the Clout.art platform will need $SWAY to mint tokens based on the amount of clout that a post has. Is there a standard clout(post engagement) – $SWAY pair or the value of $SWAY is calculated at the point of minting
According to Clout.art website that for an NFT to be unique, then the original post must be deleted. We cannot own the post alone as an NFT, if it is still on the original social media platform on which it was created. So,if the original post will be deleted does my social media accounts will not be affected while the post is being deleted?Why do I have to delete my original post in other social media platforms if that NFT will be used in Clout.Art only? Is there any traces that it can be found out that it is possibly copied to other social media platforms?If accidentally the original post is not deleted and the post was being copied by other people and the post been already posted in your platform as NFT,do you intend to examine and investigate who posted it first originally?Do you consider some defend with the real owner of the NFT?Thank you
With Clout.art,we can monetize our Instagram posts in which we can burn the post,turn the post into an NFT and sell the post.
As an Instagram user, literally, how can a simple post in instagram will become an NFT? Can you explain the process? As it mentioned that it can be monetized in which we can sell that post,so how would be the privacy of the post especially to the owner is being protected? I know that every post of an Instagram users is preciously shot,so how can we know if that post will be used in good or bad intentions from the buyer of the NFT post?Do you held any responsibility if that NFT post was being used in not good intention? Does the post will only be sold through Clout.art or you also have some affiliate to help you sell the NFT post from instagram? Thank you
As I understood, Cloud Art serves to Create NFTs by Copying Instagram posts, Twitter posts & Tiktok posts. In here, How will Cloud Art platform Create NFTs by other’s contents without a permission from the owners? Can you please explain me How about the implementation of your ownership history & Royalty program within Cloud Art platform? Will this be a problem to the Cloud Art Platform in future?
Putting valuable content on social media becomes NFT art. That content might be my friend’s story, but I’m the one who posted it on my IG and made it my story. But the key thing about NFT is uniqueness. So how does Clout determine the copyright or exclusivity of that content?
You hope to launch a Cloud Art Mobile app version for your community in fourth Quarter of 2021. And also along with this, Cloud Art will integrate the Twitter & Tiktok contents to the ecosystem. So In which manner will the Mobile App be helpful to enhance the development of NFTs creation throughout the Social media such as Instagram, Twitter & Tiktok ? What are the inherent tools that you will add to the Mobile App version in future? Will you able to penetrate the Social media by the Mobile app version after the fourth quarter of 2021?
The NFT gaming market has been growing rapidly lately with NFT genres such as characters, items, etc. Clout’s idea of bringing valuable content into NFT art is pretty cool, but it takes a while to develop and gain a foothold and market share in today’s exploding NFT market. Does Clout have any plans for this exploding gaming market?
You can access the Alpha version on your website. But after following the link, a black screen just opened for me, on which there was no information. Is this some kind of error or applications are no longer accepted? Does everyone get access or do they need to meet some specific requirements? Will users who have access to the Alpha version have any privileges in the future?
Usually people just buy tokens whenever it’s in the IDO season and then they just walk away after the season. How can CLOUT ART Keep all users engaged with the project?
We all know that Staking, Farming and NFTs have proven to be very good ways of attracting users and improving Adoption. What are your thoughts and plans on these features?
Could you tell us about the background and experience of CLOUT ART’ DEVELOPMENT TEAM? How will they carry out your project during this current pandemic?
How does Clout.art intend to position itself in the NFT world?