Flickto (FLICK), a novel project in the Cardano (ADA) ecosystem, attempts to democratize its fundraising method in the media segment.
Introduced in Q4, 2021, the Flickto product promotes itself as a community-driven media launchpad on the Cardano (ADA) blockchain.
Its business model allows crypto enthusiasts to vote for projects that can receive funding and earn benefits from their revenue.
To secure funding for early-stage media products – films, TV Shows, Streaming Content, music albums and so on – the Flickto (FLICK) team leverages the concept of Initial Stake Pool Offering (ISPO).
Flickto’s ISPOs design will have dual architecture: they will be used both for Flickto funding and to support media projects chosen by the FLICK holders community.
To join the Flickto ecosystem, cryptocurrency enthusiasts should stake their Cardano (ADA) tokens in favor of Flickto staking pools. For doing so, the system will reward them with FLICK tokens in lieu of ADA rewards.
