Hedera X Clout.art: REBIRTH OF THE INDEPENDENT CREATOR

We’re happy to announce we are migrating to the Hedera network to facilitate the development, expansion, and introduction of next-generation solutions that assist creators in better monetising their audiences.

Moving forward, we will offer a dedicated fund to assist artists and creators in their NFT journey. More information about the fund and their original NFT collection will be made available in the coming weeks, but you can join already and quickly mint your own NFT at https://clout.art.

Clout.art pioneered the migration of content from Web2 to Web3 in 2021, at a time when creating an NFT required deleting the original Instagram post. We were the first tool to enable the creation of NFTs from Instagram posts.

A New creator economy

In the coming days we are announcing something exciting, an native original NFT collection, with which we’ll trailblaze the usage of NFTs as part of the business model for emerging creators. We will be incorporating our own collection as well as an economic approach that assists creators in building their communities and patrons.

“If physical merchandise has been a significant contributor to the revenue streams of online creators in a Web2 world, digital merchandise will pay the bills in the future,” said Jure Zih, founder of Clout.art and a pioneer in the NFT space who helped build the first NFT framework on Ethereum in 2018. “Just as you would buy a branded t-shirt, cap, or coffee mug from someone, you will now purchase digital things from your favourite artists and influencers.”

With the addition of NFT compatibility to prominent social media sites, a crucial milestone has been accomplished, bringing crypto-backed digital collectibles closer to mainstream use. While many users can already attach NFTs to their timelines, online authors may gain revenue by doing the reverse and converting their existing postings into NFTs.

Transitioning to Hedera

Starting today, we are moving our services and tools from Polygon to the Hedera network to utilise a faster and more eco-friendly technology stack. Moreover, the move is significant for Hedera’s NFT community as the project enables new concepts of monetising existing content to add an additional revenue stream.

“Hedera has one of the fastest growing ecosystems, thanks to hashgraph consensus algorithm, a technology backbone that can outperform the majority of the current blockchain networks,” said Jure Zih.

“Clout.art introduces an innovative platform where minting NFTs from your original content is as simple as logging into your Instagram account,” said Alex Russman of The HBAR Foundation. “They are pioneers in evolving the creator economy, actively exploring at the intersection of creators and web3 technologies, and we are excited .”

Follow our Twitter for more details and join Discord.

About Clout.art

Clout.art powers the creator economy of the future by turning the most valuable content, such as your most successful social media posts, into unique NFTs. As a microservice, a curation platform and a creator launchpad community, it is one of the pioneers in the web3 creator economy space that strives to help up and coming artists to explore the NFT space. Visit https://clout.art or follow us on Twitter @cloutdotart.