Flickto, a new Cardano-powered media launchpad will change how media projects are funded. Let’s have a look at this project.
Introduction
Flickto is a community media launchpad powered by Cardano.
Millions of content creators & artists are eager to create the next YouTube hit, box office smash, or Emmy Award TV show. While content creation has never been easier, producers frequently face financial challenges.
Flickto seeks to change this. Flickto will engage the community in sponsoring and funding new media projects & initiatives, utilising the Cardano ecosystem’s unique benefits.
Globally, Flickto will empower artists by funding projects selected for investment by the Flickto community, using the FLICK token as a medium of exchange and voting/staking mechanism. A first in the Cardano ecosystem, anyone can get involved and fund media projects, and profit from their success.
Tokenomics
FLICK Token:
Flickto’s native token is FLICK. It will help the next generation of filmmakers, TV producers, and streaming content creators. Users stake their FLICK to vote on media projects, and are rewarded with a share of the project’s distribution royalties. In terms of initial Token distribution, users that hold ADA are able to earn FLICK by staking to one of the Flickto project pools.
Total Supply: 5,000,000,000 (Five Billion)
Token Allocation:
40% ISPOs
20% Sales & IDO
15% Liquidity & Treasury
15% Team, Advisors & Partners
10% Marketing & Operations
ISPOs and How To Get FLICK Token
ISPOs are a proven mechanism to raise finance for initiatives on Cardano, and have been deployed by a few projects previously. At Flickto, they will leverage the ISPO model to collect funds for the project itself and be a source of funding for media projects the Flickto community decides to launch via the launchpad, with innovative novel financing methods.
Delegating ADA to one of the Flickto ISPO pools will reward you FLICK tokens and also enter you into NFT airdrops from the initial media projects Flickto has partnered with.
Primary ISPO Phase
Start Date: EPOCH 300 (21:45 UTC November 1st, 2021)
Ends: 32 EPOCHs (21:45 UTC April 10th, 2022)
Base reward: 0.15 FLICK per active ADA Staked per EPOCH
Vesting begins: January 5th, 2022
Minimum active stake per EPOCH to be counted: 10 ADA. Flickto will handle reward distribution at primary phase (no claiming needed). FLICK is earned regardless of pool performance and Active Stake is used for all calculations
Source: ADApool
Secondary ISPO Phase
Start Date: EPOCH 332 (21:45 UTC April 10th, 2022)
Ends: When all FLICK has been distributed.
Base reward: 0.15 FLICK as in the Primary Phase, but with a reduction factor of 0.01 FLICK every EPOCH to a minimum of 0.02 per ADA Staked.
Vesting begins: Immediate vest via claiming available every EPOCH.
Tokens can be claimed for a 12 month period after the EPOCH in which they were earned. Unclaimed tokens will be transferred to the treasury.
Sale/IDO
Private sale
The FLICK Private Sale is currently accessible to those seeking to invest more than 100ADA (or value comparable in other major cryptocurrencies) into the project and for accredited investors.
Total Tokens Available for Sale/IDO: 1,000,000,000 (1 Billion)
Private Sale Start Date: October 25th, 2021
Ends: November 25th, 2021
Price: Upon request
Vesting: Locked & Unlocked Tokens available
Public Sale
Date & Details TBC
Targeting late December 2021-January 2022
IDO
Platform, Date & Details TBC. Target announcement of IDO details in January for a March-April 2022 launch.
Roadmap
November 21
- Project Launch ISPO Primary Phase Begins
- Marketing Begins
- Private Sale
- Open ISPO Reward Dashboard
- Team Growth Community Growth
- Referral scheme launch
December 21
- Initial Media Projects Announced
- Initial media project NFT Airdrops
- Pre Sale
- DEX Liquidity*
- Initial Partnership Announcements
- Platform & App Development
- Private project submissions begin
- Full core team details release
January 22
- Primary Phase ISPO tokens vesting begins
- IDO Plans Announcement
- Project submissions open
- Beta Platform release
- Project curation & panel announced
- Beta App release
- Initial media project showcase
- FLICK Early Staking Launches
February 22
- First general voting round
- Platform goes GA
- App goes GA
- Launch project promotions begin
- FLICK Token Staking Begins
- CEX Listing
- Round 2 project submissions
March 22
- First general voting round results
- First winning project launches
- Distribution platform launch
- Distribution rewards from launch projects begin
- The second genera voting round begins
- Found 3 project submissions
2022 Q2+
- Decentralized Platform Dev
- Migrate voting on-chain
- Smart contract development
Learn more
Website: https://www.flickto.io
Telegram Community: https://t.me/Flickto
Reddit: https://reddit.com/r/flickto
Twitter: http://www.twitter.com/FlicktoMedia
Discord: https://discord.gg/hn7VVDrZKQ
Medium: https://medium.com/flickto
General enquiries: support@flickto.io
Private Sale enquiries: sales@flickto.io
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