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Inside #BitClout, the Dystopian #Social #Network with Big Backers and Vocal Critics

source: https://decrypt.co/62770/inside-bitclout-dystopian-social-network-big-investors-vocal-critics

  • BitClout is an ambitious #decentralized social network that tokenizes Twitter personalities. But one of its own investors says BitClout “fucked up their launch.”
  • The project has nearly $170 million worth of #Bitcoin in a wallet, most of which comes from its investors. BitClout aims to use the funds for something socially "good."
  • The man behind BitClout, whose identity is well known, hopes to withdraw himself a la Satoshi Nakamoto.

#technology #internet #news #bitcoins #btc

Inside BitClout, the Dystopian Social Network with Big Backers and Vocal Critics - Decrypt

BitClout has an ambitious plan for a decentralized social network. But its rocky rollout has prompted criticism and annoyed some of its own investors.

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