The Cardano ecosystem is brimming with projects that aim to solve many underlying problems within our current society. Cardano has made tremendous progress since introducing itself to the crypto world. With all their hard work on and off-chain Cardano has been able to facilitate the adoption of Crypto in usually underserved communities within Africa. This has provided millions of people with opportunities that will allow them to reclaim control of their finances whilst building much-needed blockchain infrastructures. 

For this reason, projects flock to Cardano not only for their meticulous approach to blockchain and decentralization but also for the social impact they are having on global society. This has led to projects such as MuesliSwap and Flickto building on such an inspirational and innovative network. 

MuesliSwap launched on Cardano’s main net as the first decentralized exchange. This was a huge milestone for Cardano, MuesliSwap, and the push for decentralization. MuesliSwap has brought the traditional order book model that was used by stock exchanges to the world of crypto, providing people with the opportunity to participate in peer-to-peer trading. The team at MuesliSwap are one of many reasons why the work being done within Cardano’s DeFi ecosystem should not go unnoticed. 

In addition to this, we have a project that has decided to take an alternative approach to the use of decentralization. This project is Flickto Media, a decentralized media incubator, whose passion and drive have garnered a lot of interest from those who encompass the same space. Flickto Media is essentially the pioneer of this mission. With inclusion, diversity, freedom, and empowerment embedded into their companies, DNA Flickto Media has begun to establish itself in an industry that is moving at breathtaking speed. 

However, two projects that both encompass completely different missions have managed to create a synergetic relationship that they believe will be prosperous for the entire Cardano ecosystem. The formulation of this partnership has provided individuals with the chance to stake $MILK tokens that they hold in their possession to a Flickto dedicated pool. Those who stake their $MILK tokens to the [FLICK] pool will be rewarded with $FLICK tokens in return. 

The $FLICK token provides its users with the ability to vote on a wide array of multimedia projects such as; films, short films, documentaries, comic books, NFT projects and more. It also allows people to be eligible for collectible NFTs, mentorship, consultancy, and overall education in business, media, and blockchain. It provides them with the opportunity to gain royalties from successfully distributed media projects, and to become a part of an inclusive community that promotes diversity, equality and digital ownership. 

MuesliSwap has seen the value that Flickto wants to bring to the Cardano ecosystem, which is why this initiative was formed. Flickto are in the midst of their ISPO Remastered, which has garnered a huge amount of interest from those within the Cardano Industry. It has come to our attention that they are now one of the most rewarding ISPOs that exist in the entire Cardano ecosystem. Those who decide to become delegates to the [FLICK] pool will receive 0.33 #FLICK for every ADA they stake, now that is generous if you ask us. However, Flickto has now increased its rewards and this will be effective at the start of EPOCH 329.

The push for global decentralization will be an obstacle within itself, however, with major partnerships developing it is only a matter of time before it becomes a reality.

Disclaimer: This is a paid post and should not be treated as news/advice.

Flickto is the decentralized launchpad that is bringing media financing to the Cardano blockchain. This first-of-its-kind project is giving users the ability to fund media projects while making massive returns in the process. Less than two months in, Flickto has recorded tremendous success with over 4.5 million ADA already staked in its ISPO across over 530 delegators.

The project brings the average person closer to the financing process of media projects and puts the power in their hands for which projects get funded. So instead of a few people calling the shots at a high level, Flickto users are able to vote for which projects they would like to see funded and get paid for it.

Its ISPO is quickly gaining traction among ADA delegators who have flocked to the project to earn FLICK tokens. The unique Cardano-powered media launchpad is strategically positioned to be one of the most successful Cardano ISPOs yet.

Why Stake With Flickto?

Since the wrap-up of MELD, an undoubtedly successful ISPO on the Cardano network with over 620 million ADA staked, delegators have been looking for somewhere new to put all of that ADA. After coming out of such a successful project, it is no surprise that delegators are looking for new ways to put their ADA to work and Flickto provides the perfect opportunity.

Flickto’s ISPO features some of the most generous returns presently in the space. Early delegators had received FLICK bonuses of 10% to 15% for their staked ADA. Delegators in the ISPO are now getting 5% FLICK bonuses, rivaling the returns of the very best ISPOs.

Flickto is a project in a league of its own. It is the first time that a Cardano-based media project launchpad is hitting the market, making it an incredibly valuable project to get a head start in.

The project is totally decentralized with 60% of all FLICK tokens – 5 billion in total, going directly to the public through the ISPO. This varies greatly from other projects where 30% to 40% of total tokens go to the public. Through this, FLICK tokens will be distributed as far and wide as possible as opposed to keeping them locked up in team wallets.

Furthermore, there is a strong community behind the Flickto project alongside its strong partners and allies. Since launching on 1st November, Flickto has built a loyal community and has made strategic partnerships in the process.

Flickto caught the eye of KICK Launchpad, which recently announced that it would be launching the Flickto IDO on its platform. Another partnership with decentralized finance protocol VyFinance enables users to stake their VyFi NFTs and earn FLICK tokens in return.

Poised For Success

Flickto’s success so far since its launch is a testament to the promise of the project. With collaborations with major players such as KICK and VyFinance, Flickto is positioned to be one of the most successful Cardano-based launchpads.

Users who stake and hold FLICK tokens are able to vote for their favorite projects and after launch, earn distribution royalties from the projects that they have helped fund. In each voting round, users vote for one media project to get finance. The more FLICK tokens a user holds, the more weight their vote carries.

Flickto brings creators straight to their consumers, who, in conjunction with Flickto, provide a platform for talented content creators to get the recognition and funding they deserve.

 

Cardano is, without a doubt, a megaproject. 

The project promises so much, and things are beginning to come together following the activation of smart contracts a few months back. 

Already, Cardano is by far the most decentralized proof-of-stake network. With the activation of smart contracting, the public network is functional and set to be one of the most influential chains that would shape crypto and blockchain.

What is Flickto?

Flickto—a company backed by a registered company in England, Flickto LTD, has recognized the potential of Cardano and is launching their solution on the secure, scalable, and meticulously designed ledger. 

The project is setting its eyes on the multi-billion-dollar media industry and wants to leverage the power of the community to change how content creators—both entities and individuals—receive funding. 

Specifically, Flickto looks at funding content creators in diverse specialties—be it in documentaries, shows, or fiction films—who initially had no access to funding due to walls existing in traditional financing setups.

As a media launchpad, the project will utilize innovations brought by the blockchain. With Goguen and smart contracting, it is now possible to launch dApps on the Cardano blockchain. Additionally, Cardano supports token staking. It is a feature that will be key to Flickto as far as fundraising is concerned. By settling on Cardano, individuals will be able to stake their ADA in one of Flickto’s supported pools and be rewarded accordingly. 

However, it is possible to utilize Cardano’s native tokens that are even more attractive. Using this capability in Cardano, it will be possible to grow its community by rewarding users while allowing the project developers to work on their smart contracting ability. 

Subsequently, the Flickto project is launching tokens compliant with the standards set in Cardano. Central to Flickto will be the FLICK token that primes the Flickto ecosystem. Besides its practical function, token holders will also have the right to vote on exciting projects. 

FLICK Tokens: Details

FLICK will list on various centralized and decentralized exchanges. 

As such, users who acquire the token in the ongoing private sale stand to reap maximum benefits from the expected capital gains. It is because Flickto is solving a pressing problem. Therefore, its tokens are valuable as they further provide a pass to the expanding Cardano community. 

According to Flickto, the Private Sale is in progress and concludes by late November 2021. The sale is open to individuals and accredited investors who wish to invest more than $500 to purchase FLICK, helping make a project a reality. 

FLICK token holders can also receive NFT airdrops from media projects utilizing the Flickto launching pad. Thus far, Flickto has completed two major airdrops for eligible token holders. 

Being a user-centric project, FLICK holders receive a share of the project’s profit distribution program while freely consuming media content from projects they assisted in funding. 

On the other hand, content creators using the Flickto launching pad will trustlessly gain access to funds from the community and even receive direct feedback from the community considering their plans. 

In all, the Flickto launchpad will be a game-changer for content creators across the globe. From launch, the Cardano-based project aims to empower content creators and simultaneously create a collaborative environment where participants reap the rewards. 

Initial Stake Pool Offering (ISPO) to Distribute 2 Billion FLICK Tokens

For sustainability, the project is tapping the staking capability offered by the Cardano blockchain to implement their Initial Stake Pool Offering (ISPO) model. The development team settled on this mode of project financing since it also allowed for delegation. There will be a total of 5 billion FLICK tokens. 

Two billion are locked in the ISPO and will be distributed to ADA stakers. Thus far, there are over one million active ADA staked from more than 200 delegators since launch on November 1. 

In the primary phase that will last 32 Epochs through to April 10, 2022, the base reward is set at 0.15 FLICK per ADA stake per Epoch. Token vesting will begin on January 5, 2022, where the project will vest 10 percent of the total accrued tokens. Afterward, from May 5, 2022, the total vesting percentage will rise to 20 percent. 

In the secondary phase, the reward ratio will reduce every Epoch until all FLICK tokens are distributed. The reduction ratio will vary from 0.01 to a minimum of 0.02. Once the token distribution is complete, their ISPO dashboard will indicate available reserves.