Company Information

Get to know BitClout

Launched in March 2021, BitClout was introduced as a novel, crypto-powered social network. Its core feature was the creation of "creator coins" for public figures, allowing any user to buy and sell these coins, effectively betting on the social standing of that individual. The project generated significant controversy upon launch for pre-emptively creating profiles for approximately 15,000 top Twitter influencers without their consent. The underlying blockchain technology and vision have since evolved and been rebranded as the DeSo (Decentralized Social) protocol, a new layer-1 blockchain built to scale decentralized social applications. The DeSo Foundation now supports the growth of this ecosystem.

Industry

Crypto CryptocurrencyPRIMARY

Contact

Social

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BitClout

Japan

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.