BitClout 2.0: The Next Generation Marketplace for Individuals
Los Angeles, USA, April 26th, 2023, Chainwire
Today, an exciting announcement was made on decentralized social app Diamond The long-awaited BitClout 2.0, a sequel to the 2021 viral hit that swept through the cryptocurrency landscape, was announced by the notorious @diamondhands .
With BitClout 2.0, the original concept is being expanded to include a host of innovative products and features that effectively convert an individual’s reputation into an asset class similar to today’s NFTs.
Following the transition of the DeSo blockchain to a new consensus method, BitClout 2.0 plans to kick off with an advanced airdrop campaign. You can view the white paper for BitClout 2.0 at Revolution Proof of Stake The password to access this can be requested via a direct message to bitclout2.deso.com Establishing a Marketplace for the People @bitclout on any DeSo app like Diamond or DeSo Chat Protocol .
A standout feature of BitClout 2.0 is the introduction of Creator Coins V2, a revamped iteration of the original trading concept that led many celebrities and influencers to flock to the platform.
Creator Coins represent a novel asset class that is directly connected to the reputation of individuals rather than traditional businesses or commodities. These coins empower creators, famous figures, and everyday users to monetize their contributions in unprecedented ways compared to web2.
Since Creator Coins are based on individual reputation, an achievement as monumental as Elon Musk sending the first human to Mars or, alternatively, going bankrupt would directly influence the value of his Creator Coin. BitClout 1.0 Creator Coins V2 will seamlessly integrate with V1, allowing for easy migration for users, and will be available for trading on DeSo DEX, the fastest on-chain order book exchange worldwide (as highlighted by
Participants on BitClout 2.0 will be motivated to trade through a newly introduced $BITCLOUT token that rewards users based on their Creator Coin V2 trading activities.
To promote early involvement, BitClout 2.0 will launch an engaging and cleverly designed airdrop strategy, drawing inspiration from BitClout 1.0 and popular NFT platforms. Openfund ).
This unique airdrop mechanism will not only enhance trading liquidity but also foster ‘content liquidity’ by rewarding the most active and engaging creators within the ecosystem.
Creators who maintain regular posting and community interaction will be entitled to earn $BITCLOUT tokens through these airdrops, establishing a novel incentive system that's unprecedented across other platforms. Blur For those keen on joining the $BITCLOUT airdrop, getting acquainted with DeSo applications like
is recommended. DeSo uniquely positions itself as the only blockchain capable of meeting the storage and indexing needs essential for a decentralized social platform like BitClout 2.0. This advantage springs from DeSo’s remarkably lower content storage costs, making it viable for applications to expand their horizons beyond decentralized finance to cover social applications requiring extensive storage.
In March 2021, a cryptic link shielded by a password went viral. Diamond , Openfund , Desofy , or DeSocialWorld , and many more listed on deso.com , before the launch.
BitClout 2.0 will be built on the Decentralized Social Blockchain . According to the BitClout 2.0 white paper This link granted access to a fresh app called BitClout, developed by a founder operating under a pseudonym
The History of BitClout
and what began as a demo quickly evolved into a captivating phenomenon across the globe, largely due to BitClout’s innovative introduction of Creator Coins.
The immediate popularity of BitClout, along with the concept of Creator Coins, attracted a plethora of influencers and celebrities to sign up organically during its early phase. @diamondhands . What started as just a white paper This led to a surge in media coverage, including extensive articles discussing its revolutionary idea of a ‘stock market for individuals,’ featured in
The Future of Decentralized Social Platforms
With BitClout 2.0 set to launch, the tremendous potential and functionality of the the New Yorker .
will be prominently showcased.
As one of the industry’s fastest and most cost-effective layer-1 blockchains, DeSo’s transition to Proof of Stake is anticipated to solidify its role as the go-to platform for developers focused on building resource-intensive applications. DeSo Blockchain Upon completion, DeSo will be nearing its ultimate vision of 'The Sovereign Internet,' which encompasses a 'Decentralized Web' where developers can launch applications designed to resist censorship and handle heavy data storage needs from anywhere globally.
BitClout 2.0 is poised to serve as the inaugural manifestation of what can emerge from DeSo after its transition to Proof of Stake, with more innovations on the horizon.
At present, several intriguing proposals are circulating, including Bitfair—the premier crypto-native sports betting application—and Pseudo, which aims to be the first decentralized marketplace for identities.
Discover more about the DeSo trajectory and future developments
DeSo is an innovative layer-1 blockchain meticulously designed to revolutionize social media and facilitate the scaling of storage-heavy applications to accommodate billions of users. With $200 million raised and backing from renowned venture funds like Sequoia, Andreessen Horowitz, Coinbase Ventures, Social Capital, Polychain Capital, Winklevoss Capital, Pantera, and others, it stands strong.
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About Deso
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