Flickto has seen great success since its first launch on Nov 1st. The variety of delegates on the platform has grown quickly, as has the quantity of ADA staked. Lower than one month after launch, greater than 1.5 ADA has been staked on its ISPO delegator pool.
The venture is revolutionizing the way in which that media financing is carried out. Flickto makes use of the ISPO pool to fund tasks by way of group partnerships. The media launchpad offers creators with the financing they should produce their content material, whereas concurrently offering customers the power to earn passive earnings by the use of distribution royalties after the tasks are accomplished.
Staking In Flickto ISPOs
Customers can stake and earn rewards by staking their ADA and incomes Flickto’s native token FLICK. Staking with FLICK tokens offers the consumer the suitable to vote for the tasks which they wish to see funded. Then when the tasks are accredited by the broader group through voting with staked FLICK tokens, financing is supplied till the venture is distributed. At which level customers will begin incomes royalties.
Customers are capable of fund tasks that may ultimately be seen on the massive display screen in theaters and likewise on their TV screens. This takes the facility over the media trade out of the fingers of some conglomerates and places it within the fingers of the group, utterly eliminating the barrier to entry for industries equivalent to this.
Along with the rewards from staking FLICK and ADA, taking part in voting additionally earns customers rewards. It additionally makes customers eligible for further rewards, just like the just-concluded airdrop that noticed two NFTs go to users who have staked in the pool.
The place Media Meets Blockchain
Flickto is the primary of its variety on the Cardano blockchain and as such has recorded a lot success since launch. It entered right into a partnership with media trade veterans Ben Morris and Geraint Harvard Jones, who function advisors to the venture. With many years of expertise between the 2, they’ll information Flickto as they navigate the media venture financing house.
Artists from numerous genres could be chosen by the group for financing. Flickto is not only restricted to movie and TV manufacturing. NFT artists and content material creators are one other instance of tasks that customers can vote on.
FLICK Personal And Public Sale
Flickto has accomplished the primary part of its Personal Sale spherical with nice success. The subsequent alternative to amass FLICK exterior of the ISPO is through the upcoming IDO. The personal sale gave customers the chance to buy the tokens at a low worth.
The Cardano-based venture will assist speed up Flickto to offer environment friendly and clear crowdfunding companies.
The full provide of FLICK tokens is capped at 5,000,000,000 with a complete of 1,000,000,000 FLICK tokens going up on the market within the personal sale.