Flickto’s launch in November 1st has been a huge success. As has the number of ADA staked, the platform’s popularity has increased rapidly. More than 1.5 ADA were staked by ISPO delegators in less than a month.
It is changing the face of media financing. Flickto makes use of the ISPO pool for community partnership funding. Media launchpad helps creators get the financial support they need in order to produce content. Users can also earn passive income from distribution royalties once the project is completed.
Flickto ISPOs – Staking in
Users can stake and earn rewards by staking their ADA and earning Flickto’s native token FLICK. FLICK tokens allow users to stake their ADA, and vote for projects they want to fund. After the projects are approved via the voting process with FLICK tokens staked, funding will be provided up until the project’s distribution. Users will then start to earn royalties.
Funding projects can be funded by users. The community has the ability to fund projects that will eventually be seen on the big screen in theaters and also on TV screens. This removes the control from a handful of conglomerates, thereby removing the barriers for entry into these industries.
Participating in the voting process earns you rewards, as well as the benefits of staking FLICK or ADA. Users can get extra benefits by participating in voting, such as two NFTs that were awarded to the winners of the airdrop.
Blockchain is where media meets blockchain
Flickto, the Cardano’s first cryptocurrency platform of its type, has enjoyed great success ever since. The project has partnered with industry experts Ben Morris and Geraint Harman Jones. They have decades of combined experience and will help Flickto navigate the space for media project funding.
For funding, artists can choose from a variety of genres. Flickto does not only cover film and television production. Users can also vote on projects involving NFT artists or content creators.
FLICK Public and Private Sale
Flickto completed its first Private Sale Round with great success. FLICK can be purchased via the IDO, which is the next step in the acquisition process. Users had the chance to buy the tokens in a private sale at a very low price.
Flickto will use the Cardano project to help it provide transparent and efficient crowdfunding services.
A total of 5,000,000,000 FLICK tokens will be available for private sale.