anyone seen this? a little light on this would be great! seem a bit odd
B. 20 million tokens will be used to cross-invest in other block-chain projects, owned by
CLOUT execs and only used for CLOUT projects.
so 20mill tokens will be used to invest in the other projects of clout execs?
C. 10 million tokens will be retained in order to reinvest into the ICOs promoted on the
CLOUT network.
so clout will pump ICO's listed on their platform?
D. 10 million tokens will be held on standby which are ready to be released into the market
immediately to protect the users and the network from hacks and phishing attempts.
B. 20 million tokens will be used to cross-invest in other block-chain projects, owned by
CLOUT execs and only used for CLOUT projects.
so 20mill tokens will be used to invest in the other projects of clout execs?
C. 10 million tokens will be retained in order to reinvest into the ICOs promoted on the
CLOUT network.
so clout will pump ICO's listed on their platform?
D. 10 million tokens will be held on standby which are ready to be released into the market
immediately to protect the users and the network from hacks and phishing attempts.
Yes, CLOUT will essentially help build the floor as the price continues upwards to help prevent crashes/P&D.
Thank you,
CLOUT Team
build what floor? you didn't answer any of my questions. just stuck me as a little od that you would use $200mill (going from the price at last day of ico) from the company money to fund other projects owned by the clout execs.
20 million Clout tokens (20%) will be used to invest in other block-chain projects over time including ICOs and/or cryptocurrencies. These investments decisions will be made based on the highest rated opportunities by the upvoting of the CLOUT platform members. These tokens will be used to directly invest in the success of these projects, and CLOUT will hold these cryptocurrencies and assets in a secure but also transparent fund (Cold Storage). The CLOUT team will take profits from these positions over time as the project succeed and spend these profits to continuously repurchase CLOUT tokens from the open markets to maintain the 20% CLOUT token holding for the investment fund. As this fund grows to accomplish specific milestones, a portion of these profits may be rewarded to CLOUT token holders in Ether to bring increased value to CLOUT token holders and/or used for other promotional efforts for the CLOUT Platform.
Also, Exec.'s receive their tokens over the course of 20 months after the ICO at a rate of 5% per month. 100m CLOUT and 100b CLC, those are what we have forever, no more are ever being made. It will take CLC 60+ years to max out in the supply.
We appreciate the feedback! Hopefully this answers your questions.
Thank you,
- CLOUT Team