Youth from south Kashmir launches a ‘media company’ to provide real-time information on cryptocurrencies, stocks

A youth from south Kashmir has launched a “media company” to provide real-time information about cryptocurrencies, stocks and NFTs (non-fungible tokens).

Mutahir Showkat, a resident of the Qazigund area of Anantnag district, has launched “Clout Scoop”. “It is a revolutionary Web-3 media company to keep people informed and help them in making informed decisions,” he told the news agency—Kashmir News Observer (KNO).

Mutahir, who is an entrepreneur and has written two books on photography, said, “The platform aims to provide real-time information on cryptocurrencies, stocks, and NFTs, catering to the diverse needs of investors and revolutionising their approach to staying informed and making informed decisions.”

“Clout Scoop” stands out with its team of experts who utilise cutting-edge technology to deliver the latest news and trends in the financial industry, he said.

He said the platform’s “user-friendly” interface ensures a seamless user experience, appealing to both beginners and seasoned investors. “By offering real-time data on cryptocurrencies, stocks, and NFTs, ‘Clout Scoop’ serves as an indispensable tool for anyone looking to delve into these markets,” he said.

“Clout Scoop” extends beyond being a news platform or real-time update service, Mutahir said, adding that he envisions it as a game-changing resource, particularly for the youth in Kashmir and throughout India, by providing them with the opportunity to learn about new technologies and digital advancements.

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Given the prevailing challenges faced by Kashmir’s youth, including limited exposure to emerging technologies, Showkat aims “to bring about a positive transformation” through the platform. He recognises the financial sector as a crucial area and believes that by disseminating knowledge about it, the platform can significantly benefit the younger generation, simplifying their daily lives and diverting their attention away from negative influences.

“Clout Scoop” differentiates itself by focusing not only on financial news but also on global trends, tech updates, and esports developments, he said.

Mutahir’s vision for the platform encompasses providing investors with a comprehensive understanding of the financial world and its broader relationship with the global landscape.

To uphold the value of free speech, “Clout Scoop” encourages public contributions, allowing individuals to share their perspectives for a news publication. “Although currently in its beta version, Clout Scoop already offers real-time updates and charts for cryptocurrencies and stocks,” he said. “The upcoming full version is expected to introduce more advanced features and an NFT structure, although an official release date has yet to be announced.”

The young entrepreneur is enthusiastic about bringing a fresh perspective to the finance and investment realm through “Clout Scoop”, firmly believing that the platform will empower investors to make informed decisions and stay ahead of the curve.

“Users can place their trust in Clout Scoop, and be confident that they will receive accurate, timely, and relevant information that will facilitate sound investment choices,” he said.