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A Primer and the Possibilities of BitClout.... July 16, 2021 20:00 ET | Source: BitClout BitClout Dubai, UNITED ARAB EMIRATES Marina del Rey, CA, July 16, 2021 (GLOBE NEWSWIRE) -- Stories about BitClout have been making the rounds on new sites and have sparked lively conversations across social media. Before we dive into what BitClout is, it’s worth taking the time to understand another trending technology --  NFTs. Unlike in the real physical world, digital objects are not unique. In other words, the ones and zeroes can be copied perfectly a...

The polarizing effect of social media today has highlighted the need for decentralization of currency and social networking.

The innovative and irregular path to growth for the latest social media platform on blockchain and nearly 15,000 celebs who unwittingly play a role.  If Jake Paul jumped off a bridge, or onto a new Twitter facsimile, would you join him? And would it impact the overall value of his brand for fractional sale in crypto? BitClout is giving social media users and crypto enthusiasts the chance to ask and answer these questions, not just in relation to Jake Paul but for all top 15,000 Twitter accounts, ranked by followers. BitClout launched about 6 weeks ago, and has garnered more attention than a ...

The site has traded over $225 million within a month of its launch and is worth about $1 billion, according to a recent report from New York Magazine. BitClout is designed to let people bet on the popularity of public figures by buying tokens associated with people's profiles. Users can use BitClout coins to buy a Creator's Coin and watch its value change based on the creator's popularity on the site. The site started with 15,000 creator accounts preloaded from the most popular Twitter profiles. At the moment, Tesla CEO Elon Musk has the most expensive Creator Coin, coming in at nearly $70,00...

What’s the big deal about non-fungible tokens (NFTs)? Before we talk about non-fungible tokens, or NFTs, it’s important to understand the difference between fungible and non-fungible. A fungible object is interchangeable and indistinguishable from another object. A good example of this would be money. Let’s say if you were to lend me $50, I could pay you back either with one $50 note, or 5 $10 notes. NFTs however, are non-fungible, which means that they are totally unique. A good example of this would be paintings. The iconic Mona Lisa can never be reproduced to its exact specifications...