Launched in 18/07/2021 by a team based in the United States, ClienteleCoin is an ERC20 utility token on the Ethereum Chain designed to serve as a medium of exchange in the Streetwear Retail Industry. ClienteleCoin is backed by Clientele, a Streetwear Retail Chain with 3 stores located in NJ, United States. The token runs on a proprietary method that taxes each transaction on Buys/Sells and returns a 2.5% dividend Paid in $ETH to its holders, which aims to offer scalability, as well as assisting CLT in its growth.
Clientele, originally known as East Coast Boutique, was founded in 2013 by Adam Gage. It started as a small sneaker consignment shop in Rahway, NJ. After seeing the growth and potential of the resale sneaker and clothing industry, Adam decided to partner with Frank Richardson in 2016, and move the store into Menlo Park Mall in Edison, New Jersey, where the pair opened the states first complete lifestyle boutique.
CLT relies on the following principles:
2.5% Dividend Paid in $ETH: Up to 2.5% of every buy/sell is redistributed to the $CLT holders.
Payment Processing: Holders will be able to use $CLT as a form of payment in all 3 of the Clientele store locations
ClienteleCoin Kiosk: Ability to purchase ClienteleCoin via the kiosks installed in Clientele's stores, using cash or cryptocurrency.
How Many CLT Tokens Are There in Circulation?
HODL launched on Uniswap V2 on July 18th, 2021 with 137 Trillion CLT tokens originally created. 2.5% of transaction fees on each trade are paid out to the holders.
Where Can I Buy ClienteleCoin (CLT)?
CLT is available for trading on Uniswap V2, with CLT and ETH pairs currently available.
The path going forward for ClienteleCoin is conditioned by its ability to raise the awareness and grow further its holder base, which will happen in three ways:
Develop the brick-and-mortar retail chain it depends on, and offer ClienteleCoin as a payment method through its Clientele POS Kiosks, but also online
Increasing the awareness online on the benefits of offering cryptocurrency as a medium of exchange for physical goods.
Develop the branding of the project through different media channels
The roadmap in order to increase the consumer adoption goes as follow:
Development of $CLT NFTs as well as an NFT Marketplace
Influencer Campaigns
ClienteleCoin Kiosk POS Beta
ClienteleCoin Payment Processing in its brick-and-mortar locations
Major centralized exchange listings