Day: July 14, 2021

BitClout Expands its Network Providing More Opportunity for Users to Convert

SINGAPORE, July 14, 2021 /PRNewswire/ — AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the listing of the BitClout token (CLOUT) on July 14 at 1 p.m. UTC.

BitClout is the first social network built with its own custom blockchain as its foundation. This new type of social network allows any creator to have their own token that their followers can buy and sell.

BitClout is a token-based marketplace for shares in someone’s (or something’s) reputation and influence. If an influencer goes viral on Instagram for something delightful, their token will appreciate in value. If an influencer says something inappropriate on Twitter, it could hurt the value of their token. In theory, every public action from anyone makes the creator token’s price subject to fluctuation and thus is tradable on the marketplace.

“BitClout is a disruptor to the status quo of cryptocurrency and social media, and it’s just getting started,” said Shaun Maguire, partner at Sequoia, an early investor of BitClout. “We’re thrilled to have AscendEx’s support of BitClout, enabling the world to trade $CLOUT and join this radically different type of social network.”

“BitClout is about individuals taking ownership of the media they create,” said Andy Artz, partner at Social Capital. “By delivering an open protocol for decentralized social networks, BitClout is the aggregation of coins and code designed to create the first true open marketplace for ideas. By partnering with AscendEX, BitClout isn’t the only one continuing growth; the creators are.”

“BitClout has attracted a huge ecosystem of 120+ new development projects and companies building on top of it,” said Johnny Steindorff, partner at Distributed Global. “As a decentralized, open-source and creator-focused network, BitClout has the potential to grow into the leading WEB3 social network layer 1.”

Today, a post submitted to a traditional social media platform belongs to a corporation, rather than the creator who posted it. In contrast, BitClout is a fully open-source, decentralized project with no company behind it– it’s just tokens and code. This means every creator has a direct relationship with their followers without intermediaries, which unlocks new ways to engage and monetize that aren’t based on ads. BitClout’s architecture is similar to Bitcoin, except it can support additional features and complex social network data like posts, profiles, followers, speculation features, and much more with significantly higher throughput and scale.

The BitClout blockchain has its own native cryptocurrency, called BitClout (CLOUT) that users can leverage to do all kinds of things on the platform, including buying “creator coins.” Anyone can buy the BitClout cryptocurrency with Bitcoin in minutes through the app’s built-in decentralized “atomic swap” mechanism, available on the “Buy BitClout” page. The number of CLOUT tokens in circulation is capped at about 10.8 million, roughly half that of Bitcoin, making it naturally scarce.

BitClout’s lead creator and architect, pseudonymously known as @diamondhands, is a part of a group of developers who created the BitClout blockchain with the intent of turning it into an enduring positive force for humanity that can bring competition and innovation back to the internet.

BitClout’s backers include an impressive roster of blue-chip Silicon Valley venture capitalists — Sequoia, Social Capital, Andreessen Horowitz, TQ Ventures, Distributed Global Temasek, Arrington Capital, Long Journey Ventures, Ideo, Alexis Ohanian — along with high-profile crypto investors Coinbase Ventures, Winklevoss Capital, Blockchange, Sybil Capital, Pantera, PolyChain, and Digital Currency Group.

About AscendEX
AscendEX (formerly BitMax) is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.

AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum.  AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.

To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit www.AscendEX.com.

For more information and updates, please visit:
Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

To learn more about BitClout, please visit:
Website: https://bitclout.com
Explainer: https://docs.bitclout.com/
Vision: https://docs.bitclout.com/the-vision
FAQ: https://docs.bitclout.com/faq/bitclout-faq 

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QINGDAO, China, July 13, 2021 /PRNewswire/ — After many intensive matches, the most-anticipated EURO 2020 final ended with Italy lifting the trophy and became the champion. As the global sponsor of EURO 2020, through many years of experience in sports marketing and technological innovations, Hisense also achieved a champion position in brand reputation and product sales. Furthermore, from January to June 2021, Hisense Laser TV shipments worldwide (excluding the Chinese market) have increased by more than ten times compared to the same period last year.

Leveraging sports marketing to drive high-end Laser TV sales

With the consolidation of brand strength and global market expansion, sports marketing is an indispensable choice of Hisense’s globalization strategy. Benefiting from the worldwide popularity and influence of EURO 2020, the tagline of “Hisense 100′ Laser TV” has attracted remarkable public attentions, enhanced the premium products’ market recognition, showcased Hisense’s technology and strength to global consumers, and established in-depth partnerships with many global business partners.

Through years of global reputation accumulation and benefits from sports marketing, Hisense Laser TV has achieved great success in the United States, Australia, South Africa, Dubai, France and other key markets, especially in the European market. For example, during EURO 2020, the Spain National Football Team has purchased 8 sets of 100-inch Hisense Laser TVs and gifted 6 of them to the players; Boulanger, a leading French home appliance retailer, became Hisense major business partner, took initiatives to allocate many store facilities to Hisense Laser TVs in 13 stores in France, maximized the recognition of Hisense’s high-end products in Europe.

To satisfy Dubai’s high-end market demands, Hisense combined Laser TV screen and golden frame to create an artistic hi-tech TV and praised by many Dubai consumers. Thus, many of Dubai’s royals, famous singers and enterprises are the loyal consumers of Hisense. From the golf club in Arabian Ranches to the Sheikh Zayed Road, Hisense Laser TVs can be found in prominent places and are becoming the trendiest popular product in Dubai.

By the end of 2020, Laser TV’s overseas cumulative sales revenue grew 120% year-on-year. Hisense maintained continuous growth and kept expanding the market even when the pandemic hampered the industry in 2020.

Emerging as a global leader in Laser TV industry through technological innovations

Hisense Laser TV’s success is also inextricably linked to its continuous technological breakthroughs. Since 2007, Hisense has begun to layout of developing Laser TVs. After 7 years of endeavour, Hisense made technical breakthrough from 0 to 1 and launched its first Laser TV in 2014. In 2021, Hisense is bringing Laser TV into a new era, by launching the world’s first full-colour 100-inch TriChroma Laser TV.

Hisense has applied for 1,366 global patents in the Laser TV sector and aims to propel the evolution of Laser TV industry by sharing patents, technologies and intellectual property rights with the industry within five years. President of Hisense Group, Jia Shaoqian said, “Currently Laser TV has achieved modest success. Hisense aims to form a technological ecology in the future, letting more enterprise into this industry.”

Hisense Laser TV’s worldwide success isn’t a coincidence but a manifestation of Hisense’s technology strength, brand capability and innovation. With the remarkable Laser TV appearance in EURO 2020, it accelerated Hisense globalization process. Under Hisense’s initiative, Laser TV and the industry are witnessing a tremendous expansion worldwide.

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