Flickto Announces First Round IDO In Conjunction With KICK.io
22 Dezembro 2021 - 8:07AM
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Flickto has announced a date for its first-round IDO in partnership
with Cardano launchpad KICK.io. The project is meant to empower the
public to choose which media projects they want to see funded. This
simultaneously takes the power of media financing out of the hands
of a few conglomerates and gives that power back to the masses as
well as enables investors to earn while doing so. The first round
IDO is scheduled to begin on the 27th of December and will run
through to the 30th. During this three-day period, investors will
be able to purchase FLICK tokens at a pre-market price of $0.009
with a total of 330,000,000 tokens out of the total 5,000,000,000
supply going up for sale in the first round. Flickto partnered with
KICK.io, the leading fundraising platform and project accelerator
on the Cardano blockchain, to enable a transparent, efficient, and
fully decentralized public sale. Additionally, users of the KICK
platform will enjoy some benefits when they participate in the
Flickto public sale. Users who currently hold KICK tokens will be
able to purchase FLICK a day before the general public will have
access. KICK holders will also be able to “endorse the FLICK IDO
and earn a percentage on all FLICK tokens sold during the public
sale for doing so. The first round is scheduled to kick off at
12:00 GMT+2 on December 27th and close at the same time three days
later on December 30th. Investors will be able to purchase FLICK
tokens using ADA and will be required to complete a KYC
verification round before they will be allowed to do so. Earn While
You Fund With Flickto Flickto is a first-of-its-kind media
financing launchpad on the Cardano blockchain. It is a unique
opportunity for users to be able to crowdfund the media projects
that they want to see and earn rewards for doing so. Users can
directly sponsor media projects which they can continue to earn in
the form of distribution royalties from successful projects. The
Flickto ISPO has been one of the fastest-growing ISPOs on the
Cardano ecosystem. Less than two months after launch, it has
garnered over 5 million staked ADA with over 600 delegators earning
from the pool. The ISPO offered as high as 15% for early delegators
with others currently earning a 5% return on all of their staked
ADA. Staking in the Flickto ISPO automatically qualifies the holder
to be able to vote for media projects, and the more tokens a user
holds, the more weight their vote carries in each round. Through
another partnership with decentralized finance (DeFi) protocol
VyFinance, users are able to earn extra FLICK tokens by staking
their VyFi NFTs in the Flickto ISPO. Voters assume no risk when
they vote for projects that end up flopping but stand to benefit
from all successful hits. They’re instantly eligible for NFT
airdrops associated with the financed media projects, as well as
being able to trade FLICK on the open market. Roadmap For The
Future Going forward, the Flickto project is getting ready to
launch its first platform. After a successful private round and
what is expected to be an even better first public round, the
project will then move on to funding its first few media projects.
These projects will be available for the community to vote on and
the projects that receive the most votes will go on to receive
financing. Furthermore, FLICK tokens will be getting listed on
various centralized and decentralized exchanges to enable them to
be fully tradable to the general public.
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