
· February 1, 2018 · 11:45 pm
Capitalizations Index – B ∞/21M

This week, social media behemoth Facebook announced that it was putting a blanket ban on all cryptocurrency, blockchain and binary options advertisements served through its platform.
Sure, there’s a degree of misinformation in the space but this is true of pretty much any sector and that Facebook should blanket ban the crypto sector seems hasty. Unsurprisingly, the news has come as a real blow to the sector, with many of the existing and reputable players in the space now looking for fresh outlets through which to gain coverage.
One platform is perfectly positioned to meet this demand – CLOUT.
CLOUT is a social media/network type platform that was developed and is now run by a team of blockchain and cryptocurrency incumbents with the remit of offering the sector a central hub for reliable quality and informative information.
It’s similar to in that users are able to create accounts and share and publish content across the platform, while at the same time interacting with one another and with the content in question, but it differs in a couple of key ways.
First, it’s blockchain based. This allows for the creation and distribution of tokens, which can be used as a value metric by which the quality of content created and shared across the platform is judged. The token that is used is called CLC and it’s a sister token of the platform’s primary token, which is called CLOUT. The latter was issued as part of a recently completed ICO and participants in the fundraising will receive CLC proportionate to the number of CLOUT they hold.
Anyway, back to the point.
The second way that CLOUT differs from something like Facebook is that the content that users view is linked to the quality and relevance of said content. If a user creates a great piece of content about an upcoming ICO, an independent white paper review or similar, it’s going to receive positive attention from the community. As users send CLC supportive of the content, CLOUT’s algorithms pick up on the fact that the crowd has deemed it quality information and display it to as more users accordingly.
And it’s not just the fact that Facebook has paved away for CLOUT to establish a dominant position in the content sharing and networking side of the blockchain space with its latest move that’s drawing attention to the company today.
CLOUT tokens to start trading on Thursday Feb 1st @ 8pm UTC! So excited. The clout platform is going to change the future of cryptocurrency!
— CRYPTOWHIZ (@cryptowhizzer)
This week, HitBTC is listing CLOUT tokens on its exchange.
HitBTC is one of the biggest and most trusted cryptocurrency exchanges in the industry and a listing for a company’s token is a real validation of its underlying demand. When the token is listed, we’re almost certainly going to a wave of speculative volume flow towards CLOUT and its tokens as individuals that missed out on the initial fundraising round seek to pick up an exposure when the tokens increase liquidity and become available on another major exchange (CLOUT is already listed on a couple of other exchanges).
As per HitBTC’s , CLOUT tokens will be available to trade before the close of play on February 1.
To open an account and trade CLOUT using HitBTC, .
For more information on CLOUT, the team behind it or to try out a demo of the CLOUT platform, .
And finally, here’s the company’s .
A source for the sharing and curation of accurate, reliable information in the crypto space is sorely needed. Can CLOUT fill that need? Check out their demo and then let us know what you think in the comments below.
Images courtesy of CLOUT
Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.
Published at Fri, 02 Feb 2018 04:45:56 +0000
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, the job board specializing in startup jobs, reports cryptocurrency job postings have nearly doubled in the past six months and are soon to triple from 2016. Companies in the crypto space have experienced “unparalleled investment and growth” in recent months. The organization stated that while many new technologies (self-driving cars and virtual reality, for example) are embraced by tech giants, cryptocurrency remains one of the largest non-corporate startup opportunities.
The data shows that investments are on the rise. Cryptocurrency startups collected more investments in the first two quarters of 2017 ($467 million) than they did in all of 2016 ($325 million). According to AngelList, as the companies in the crypto space grow, and raise larger amounts of funds at higher valuations, their need for new talent has also grown. The two main reasons for the crypto hiring boom are the expansions of both bitcoin and Ethereum to a mainstream audience and the popularity of Initial Coin Offerings (ICOs).
In 2016, there were 442 cryptocurrency-related job postings on AngelList; however, the number of listings is projected to reach 1,255 by the end of 2017. The organization added that in the last six months, the number of job postings has nearly doubled. While experienced engineers in the crypto space are in the highest demand, startups are also looking for engineers with an interest in cryptocurrencies. There are also positions ready to be filled in the areas of marketing, business development, operations, customer support and other job functions in which no technical background is required.
The main reasons to join a cryptocurrency startup as either an employee or a team member include better salaries — up to 20 percent higher compared to the industry norm — more remote flexibility and employee liquidity in the form of tokens or coins, which is often an exclusive bonus offered at “new coin/token companies,” according to AngelList.
At a time when demand for crypto experts is on the rise, the blockchain and research development company IOHK has that the first cohort of its graduates has successfully completed training at the summer course hosted by IOHK, and are ready to start working within the crypto space and blockchain industry. IOHK plans to offer full-time positions to selected candidates from the training program in the firm’s newly created Athens Haskell Team.
offered the summer course free of charge to computer science graduates in Athens, Greece. The participants were personally selected by the university professors. The course primarily focused on Haskell, a programming language currently in high demand within the crypto space because of the language’s significant security advantages. The summer course was a little more than two months long, hosted between July 17 and September 22.
“Corporations and financial institutions are increasingly seeking Haskell developers, but are faced with a shortage of skilled programmers. IOHK is delighted to have trained seven talented students into proficient Haskell developers. Building on IOHK’s growing legacy of sourcing and training high-quality programmers and engineers from Greece, we are proud to have made several offers of employment to them,” IOHK Chief Scientist Aggelos Kiayias said in a statement.
In addition to attending lectures presented by notables like Dr. Lars Brünjes, Haskell developer at IOHK, and Dr. Andres Löh of the Haskell consulting firm Well-Typed, the students had to complete assignments and programming projects, such as creating peer-to-peer networks and performing a “handshake” with a bitcoin node.
“By integrating several of IOHK’s internal project goals into the curriculum, students were given practical experience programming code that solved real, relevant industry problems,” Prof. Kiayias said.
IOHK is not the only firm offering blockchain courses for students. Blockchain software technology company recently announced that the first developer program class of , consisting of more than 150 blockchain developers, will be flying to Dubai for a “three-day hackathon” followed by a graduate ceremony on October 22, 2017. According to the organization, the class represents the first group of successful candidates out of 1,300 applicants from 95 different countries. ConsenSys’s goal with the Academy’s program is to address the global shortage of blockchain developers.
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