Skip to content
Buzz Blockchain
Menu
  • Home
  • Bitcoin
  • Ethereum
  • News
  • Currency
  • Blockchain
  • Interview
  • Press Release
Menu
clout art

Startup Clout.art Puts NFTs At The Center Of The New Creator Economy

Posted on August 9, 2021

“Staking is the new following.” So says Jure Zih, founder of an innovative NFT startup, Clout.art, set to launch later in August. 

If Zih is correct, we could see the worlds of social media influencers and NFTs collide in a way that will forever change the influencer landscape.

Clout.art is a platform that enables content creators to turn social media posts into NFTs. In other words, it allows taking a piece of content from the past, which is freely available on a social media site like Instagram or TikTok, and creating a unique NFT monetized as a saleable asset. The kicker is to make the NFT they must delete, or burn, the original post. 

As Zih explains, “Social media timelines are all about ‘now’. Many content creators have very popular posts, but they are buried under the content that came later. With Clout.art, creators can revisit pivotal moments in the history of their digital self and make those moments available to their fans, and other collectors, as NFTs.”

Creator Economy Powered by NFTs

Blockchain provides an alternate mechanism for creators to connect with their fans directly. According to Zih, in addition to popular posts soon disappearing from view as new content is created, social media influencers must also concede that they do not own the medium and thus cannot monetize their creativity directly. The solution to this has been third party sponsorships, but this leads to questions of authenticity.

The Clout.art platform is built around its utility token, SWAY, using one of the first decentralized social media protocols, Sway Social. Creators will be granted SWAY to mint NFTs from their social media posts. But where things get interesting is how fans and collectors can use their SWAY tokens to connect with content creators. 

Based on DeFi mechanics, each content creator will have their unique staking pool, called the Creator pool. SWAY holders can stake their tokens against individual content creators, thus sending a market signal that there is demand for their content. When a creator sells an NFT, the rewards are shared with all the participants in that pool. 

“Creators won’t just profit from their audience,” enthuses Zih. “Now they will profit together with their audience. This ties in both creators, fans but also collectors as it introduces a whole new idea of social capital and NFTs as the underlying assets for the economic model to work. We’re looking at a new paradigm where staking is the new following.”

Launching with an Airdrop

clout art

Ahead of the platform launch, Clout.art is doing an airdrop to reward users for minting their Instagram content into NFTs. Users participating can get from $25 and up to $1,000 in SWAY tokens for successfully minting and burning one of their posts.

“We encourage users to pick one of their earliest, most liked, and commented posts and mint it into an NFT. It is how they become eligible for a guaranteed airdrop of 350 and up to 15,000 SWAY, which we will distribute after our token generation event. All NFTs minted are carbon neutral and free for creators, thanks to our partnership with Polygon” adds Zih.

Blockchain technology, and the most popular current use case, NFTs, might well signal a change in how creators monetize their creativity. It will be interesting to see how the social media channels respond in the future as services like Clout.art provide alternative channels for Creators to reach, connect with and monetize their audience. 

For more information on Clout.art, visit their website or sign up for the airdrop at clout.art/airdrop.

______________________

About Clout.art

Clout.art powers the creator economy of the future by turning the most valuable content, such as your most successful Instagram posts, into unique NFTs. As a microservice, a marketplace, and a staking platform, Clout.art is where creators and fans come together to create, grow or exchange social capital through the $SWAY token.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • FINNEX 2.0 Reveals Game-Changing News: Arena Trade’s MT4 License, BVB NFT Lootbox, Racing Metaverse Club, and More!
  • FameEX Enhances Its Global Affiliate Agent Program to Build the World’s Premier Crypto Ecosystem
  • HPTHS777Inu: Where Memes Meet the Future of Crypto
  • Asset Management Platform, Kunji Finance Kicks Off its Initial Dex Offering (IDO) Sale on Poolz and GameFi
  • Bridgeman Images and ElmonX Forge Exclusive Partnership to Pioneer High-Quality NFT Art
  • Space Alpaca RPG GameFi is launching, heralding the next generation of Web3.0 traffic platforms
  • ElmonX Unveils ‘Moona Lisa’: A Digital Collection by World-Famous Street Artist Nick Walker
  • TriWorld: Set to Launch on September 2nd. Engage in Financial Innovation for a Shared Prosperity of Tomorrow
  • Kunji Finance Unveils New Strategic Collaboration with AsiaTokenFund Group
  • THE WEB3CON: Token2049 Week Side Event – The Ultimate Networking Night for Investors, VCs, and Ecosystem Partners
  • OKX Wallet is Now Integrated with Kunji Finance (Beta)
  • Bitcoin market poised as heightened seller exhaustion indicates low-risk bottom
  • VeVe Debuts Digital Collection from Award-Winning Artist Nathan Sawaya in collaboration with ElmonX
  • Racer Club Labs Fuels GameFi Explosion with a Colossal $25,000 (500,000 $RCLUB) Giveaway Highlighting NFT Utility!
  • ElmonX Introduces The Charles Salvador ‘Bronson’ NFT Collection — Unleashing Creativity, Healing, and Transformation
  • Jellyfish Mobile: Pioneering Secure and User-Centric 5G Web3 Mobile Services
  • Exclusive “Salvator Mundi” by Leonardo da Vinci To Release In 3D and Augmented Reality on ElmonX
  • Global Gamers Alert: The ToastPunk Stacks Worldwide Challenge Is On! Stand a Chance to Win a Massive Prize Pool!
  • Bitfinder: The First Ever Crypto Search Engine Built Powered By Bitfinder Algorithm
  • Planbit, Review of Best Crypto Staking
  • FameEX Advocates for Secure Cryptocurrency Standards & Unveils Upgrade to Customer Service Response System
  • Genesis Spirits, the Latest Entrant in the NFT Space, Captivates Millions!
  • Introducing Vultor: The Future of Cryptocurrency has 
Arrived
  • Salaryman IO. Discover an ICO Gem with a $0.01 Price Tag and only 95 Million Total Supply
  • FameEX Redefines Next-Level Crypto Security and Releases Exclusive Newcomer Sign-Up Event
  • Racer Club Labs Unveils Epic Airdrop: Limited Edition OG Fan Passes
  • The groundbreaking one-stop DeFi collateral service platform, Macintosh, has officially launched, pioneering the new wave of Web3.0 lending.
  • The Funerary Mask of Tutankhamun Licensed NFTs To Release In 3D and Augmented Reality on ElmonX – News Going Viral
  • BAKA MEME – MEME COIN FOR THE GAMBLING AND BETTING INDUSTRY
  • The Great Wave off Kanagawa Licensed NFTs To Release In 3D and Augmented Reality on ElmonX
  • Betix – The Future of Smarter Sports Betting [Pre-sale]
  • Diamonds are Forever, a token in the De-Fi space, is Way Ahead of its Time
  • YES WORLD announces its token listing on LaToken centralized Exchange
  • Exclusive Claude Monet Water Lilies Licensed NFTs To Release In 3D and Augmented Reality on ElmonX
  • UniSpace launches The Cross-Chain Wallet for Web 3.0
©2023 Buzz Blockchain | Design: Newspaperly WordPress Theme