Introducing SolClout: Social DeFi Platform built on Solana

Solclout
3 min readJul 30, 2021

Rebranding from Droplet to SolClout

Initially, our team has envisioned a social networking platform powered by blockchain technology to prioritize privacy and decentralization to resolve issues with current platforms. With Droplet Social, we set out to solve the problems in the existing messaging applications’ problems such as privacy and censorship by implementing blockchain technology. However, most blockchain-based social networking applications had issues of high transaction fees and scalability. Thus, we have built our application on the Solana blockchain. For our efforts, we received a grant from Serum for our Alpha version of the chat app. Read here

As we focused on the social component powered by decentralization, we realized that the opportunity ahead of us was far bigger than the goal which we set for ourselves at the beginning. With the aim of driving mass adoption and engagement, with the guidance of our incubator, we decided to expand our scope of services and started working towards building an advanced platform with components of decentralized finance, and incentivized social activities.

SolClout

Introducing SolClout

It’s our pleasure to share an overview of SolClout, an innovative platform that is set to build a formidable community powered by Solana, a high throughput, scalable public blockchain project. SolClout will allow for cryptocurrency projects and users to create and boot-strap Clout-driven communities geared towards building fast and sustainable social presences.

An Overview of the SolClout Ecosystem

SolClout will provide various blockchain-based social services to the users.

SolClout Starter

SolClout Starter is a messenger-based IDO platform. Social networking based IDO platform, SolClout Starter allows for projects to establish official communities. Users with best activity could receive an allocation for the initial decentralized offering. SolClout rewards social activity through IDO allocations with exclusive projects they otherwise would not have access to. The key for us is to qualify this social activity by rewarding better track records with greater rewards, putting a premium on helpful knowledge and useful participation.

Ease of Creation — Social Community 3.0,

On SolClout Social, each chat group comes pre-built with intuitive controls for not only administration but seamless activity offerings. For example, quizzes can be created on the fly, alerting members of an event. We have also envisioned a global leaderboard for scaling social KPIs. We are taking the competition a step further by creating an overarching global system to foster inter- and extra- community exploration and expansion. A good community member doesn’t have to be limited to one great project.

SolClout Messenger

SolClout Messenger is a secure, encrypted, on-chain messenger application built on the Solana blockchain. With on-chain messaging and pseudo-anonymous account generation, SolClout Messenger application provides the most secure peer-to-peer messaging application.

Conclusion

Without mincing words, exciting moments are ahead for both SolClout and its users. Let’s sail this groundbreaking boat together as impacts are made in social networking through SolClout.

🌐 Website (https://solclout.com/)

🗣️ Telegram Community (https://t.me/solclout)

🐦 Twitter (https://twitter.com/solclout)

📖 Pitch Deck (https://solclout.com/pdf/deck.pdf)

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Solclout

SolClout is a social networking platform powered completely by blockchain technology.