BitClout 2.0 Announced as Next Stock Market for People
- BitClout 2.0 is the highly-anticipated follow-up to 2021’s viral sensation, aiming to build upon its success by introducing new products and features.
- The new version will introduce Creator Coins V2, a reimagined version of the original trading product that sparked thousands of celebrities and influencers to join the platform.
- There are also incentives like $BITCLOUT token which allows people to accrue fees through Creator Coin V2 trading activity and a sophisticated and viral airdrop scheme.
BitClout 2.0 Announced as Next Stock Market for People
Background
Bitclout 2.0 is the highly-anticipated follow-up to 2021’s viral sensation that took the crypto world by storm. It aims to build upon its success by introducing several new products and features, effectively turning reputation into an asset class on par with what NFTs are today. BitClout 2.0 is expected to launch with a sophisticated airdrop after the DeSo blockchain’s transition to its new Revolution Proof of Stake consensus mechanism is complete.
Creator Coins V2
One of the most groundbreaking new products BitClout 2.0 introduces is Creator Coins V2, a reimagined version of the original trading product that sparked thousands of celebrities and influencers to join the platform. Creator Coins are tied to an individual’s reputation rather than any company or commodity; if Elon Musk successfully lands people in Mars or go bankrupt, it will affect his coin’s price accordingly. Moreover, they can be transferred over seamlessly from Version 1 due to their backward compatibility feature.
Incentives
Trading activity on BitClout 2.0 will be incentivized with a new $BITCLOUT token which allows users accruing fees through Creator Coin V2 trading activity. Also, there will be an air drop scheme which rewards early adopters in addition content creators who post regularly via compensating them with $BITCLOUT tokens too; this both drives trading liquidity and “content liquidity” simultaneously .