Running on the Cardano ecosystem, Flickto is a media launchpad that seeks to finance well-deserving media projects as voted for by the Flickto community, and its initial stake pool offering (ISPO) now exceeds 200 delegators.
How does Flickto work?
In simple terms, users stake their ADA in the Flickto ISPO. In return, they earn FLICK tokens. FLICK tokens held by users give them the power to vote for any media project that is seeking funding via the Flickto Portal.
If a user’s chosen project wins the vote, it will be financed. Not only will the Flickto community see its favorite media projects brought to life, it will also earn a return on investment in the form of distribution royalties and the opportunity to claim nonfungible token (NFT) airdrops.
Users who stake ADA can also claim bonus FLICK tokens through long-term delegation.
Read more in the white paper.
Flickto gathers momentum, exceeding 200 delegators
Despite only launching earlier this month, users have already staked over 1 million ADA in the Flickto ISPO that now has more than 200 delegators. Flickto has also issued two NFT airdrops as rewards to eligible community members.
So, why is Flickto such a success? Top-quality media projects will no longer be shelved owing to a lack of financial and/or influential backing. The projects that see the light of day are voted by those who love and support the work they do.
A ground-level, grassroots project such as Flickto is something people didn’t know they needed, which is why it has rapidly gained such popularity.
This is just the beginning, however, and further collaboration and developments can be expected in the very near future.
In the meantime, if you’re new to cryptocurrency and have never staked ADA before, this article has everything a beginner would need to know. For more information about Flickto, visit the Flickto website or download the white paper.
You can also join the Flickto Telegram community and ask questions directly to the creatives behind the Flickto project.
The Flickto team consists of top personnel in the finance and blockchain industry. The project is backed by its parent company, Flickto Ltd., which is registered in the United Kingdom. The U.K. has a crypto-friendly regulatory landscape and strong data protection laws.
Company: Flickto LTD (13643017)
Director: Robert Knight
Address: 483 Green Lanes, London, United Kingdom, N13 4BS, United Kingdom
Phone: +44 208 164 9936