INSIDE BITCLOUT TWITTER 170M ROBERTSDECRYPT
Inside Bitclout Twitter 170m Robertsdecrypt – The idea behind BitClout is simple – tokenize users on Twitter or Discord without their consent, then sell the data to advertisers. A notorious service which allows this has recently been revealed as being worth $170M in bitcoin that was raised from companies including a16z and other entities (Jeff John Roberts/Decrypt).
INSIDE BITCLOUT TWITTER 170M ROBERTSDECRYPT
With over 2 million followers on social media, it’s no surprise that many people have discovered they can earn money from another account. The creator of CryptoTwitter said he was aware there were BitClout accounts but didn’t know how popular they really were until recently when someone told him about all these new findings!
“The core insight behind Bitclou tokens is what I call ‘speculation-content hybrids’ which combine both creators and users,” says CEO Jack Woodson with CoinDesk.” You’re able to provide innovative ways for content makers while also giving regular members opportunities like investing in coins or purchasing membership packages.”
BitCloud is an organization that’s been developing blockchain technology to manage social media. They were created by unidentified developers and their token, BTCLT holds value because many people in the crypto business have invested there as well as prominent investors such like Mark Zuckerberg who doesn’t want his photos copied over onto another website without permission; but if you’re not worried about this kind of thing then go ahead!
BitClout is a cryptocurrency exchange that lets its users trade bitcoins for litecoins and vice versa. However, like other exchanges it does not allow you to withdraw funds from the platform with your wallet address attached because Bitclouts’s business model heavily relies on collected fees whenever someone trades outside of their app or website interface – which means they’re never really in control over what happens once transactions are finalised between two parties trading digital currencies online!
founder and CEO of diamond hands, Daniel Elizarov said “to me its just a matter of time before everyone sees where history has lead us” referring to bitcoin lite coin (BTCL) which is currently trading at $3k USD per token. He continued by saying that they are open for listing exchanges as well connections with different blockchains but did not state when these things would happen or if there was even an expectation
The project’s leader, a person called “Diamondhands” reached out to CoinDesk claiming that he needed the help of major investors in order for his initiative not just appear authentic but also have any hope at success. He claimed this was because BitClout had tried winning over some crypto-currency enthusiasts by making promises they might find convincing; however it looks like these tactics were ineffective given how many famous names are on file associated with them–including Sequoia Capital (one among America’s most recognized venture capital firms), Andreessen Horowitz LLC., SocialCapital Network Incorporated.
BitClout is a project that was built on blockchain technology like Bitcoin. The company’s token (BTCLT) can be used to store gas, which represents social media posts in this case and may eventually go towards overseeing their own governance system for how things are run within it once complete with open source code coming soon from Diamondhands so all users will have access without permission according discussions held thus far.
Social media
BitClout’s platform emphasizes the value of creators over content, which is a major technological innovation. The system prioritizes short-term use and promotes creativity by allowing posts to be repurposed across different social media channels or websites with little copyright infringement; however some people see this as an unsavory aspect because it encourages users not only create but also sell their original work in order make money on speculation about who will buy what they’re creating tomorrow – sorta like stock trading without actually buying anything!
Lumi is a researcher and has been analyzing BitClout’s conversation engine since last week. He revealed to CoinDesk how people can be enticed into deactivating their accounts, simply by creating an uninterested job for them with high reputation- it doesn’t take much more effort than that! The criticism though? Luming says this idea seems similar as sentiment or the spirit of 2017’s first cryptocurrency offering which saw users send funds just so they would receive tokens back then – not his cup ot tea again unfortunately.
The former CoinDesk employee currently has more than a dozen BitClout accounts, each containing its own currency. The profile revealed that this reporter is valued at around $400 per token due to their market cap being 32 coins and then saved for @BradyDale (a Twitter handle).
The white paper clarifies that buying creates coins, placing money in the profile and raising prices when selling damages these crypto tokens. It is possible market caps for BitClouts may not be overstated at most – prestwich explains they’re created to provide people with quick paper based gains so we can make more investments while still being able enjoy an entertaining ride.
Nic Carter, Castle Island Ventures told CoinDesk that he hasn’t activated or placed any money into his account yet. “It definitely has several features similar to Ponzi schemes but it’s not the only game in town,” said Nic about frequent flyer miles apps like Mileage Plus and Miles&Bonus which are played out similarly by users who collect them forairlines flights booked through their mobile devices while trying not lose points alongthe way–essentially becoming victims of.
How Can I Get In?
The owner of a reserved account can make it active by tweeting the details. Diamondhands says that this is proof you’re legally owning your bitClout, and public exposure could also benefit them too!
The team behind BitClout has been working hard to ensure that they are able provide all of their followers with access, even if some were preloaded before launch. It’s safe for now but eventually more features will become enabled once it goes live on the blockchain.”
BitClout offers users the ability to purchase tokens with different wallets and remain anonymous.
Demand Driving
The fundamental demand that got Diamondhands excited for the idea was BitClout’s monetization strategy. This is what makes it worth something, according to her opinion on this subject at least!
Diamondhands expressed that an exchange listing will let users leave positions and offer new experiences. The process is open for connections from other chains, making it possible to implement atomicSwaps on any platform BitClout wishes – such as implementing them within their own proprietary wallet or taking advantage of what they’re already doing by allowing trades between different cryptocurrencies directly through our interface with them!