Is Bitclout a scam?

 Many factors are in play but let's look at one.

You pay fiat and get bitclout coin and use it to trade on the artists. Ok, so what value does the coin have? Can you trade it? No. Does it have it's own blockchain? No. So what is there to withdraw? 

How is the coin valued without a trading pair or an available market to trade on? The artists on the platform (not sure if consented) offer the only value I have seen.

Without getting too far into it here?

Huge names back it (Red flag)

Artists likenesses are being used. (Red flag)

The coin CAN’T trade. (Red flag)

Sketchy coin has huge numbers. (Yellow flag)

The main risk I see is the influence used to drag in uneducated sheep to play with their finances for no sign or hope of return or profit..

After these American idol sheep get scammed they will holler from the rooftops about crypto being a scam and the charts will reflect it I am sure. ~~ Al E'n