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NewsBTC 2021-12-10 13:08:51

Cardano Launchpad Flickto Brings Media Financing To The Masses

Not a lot of projects possess the ability to be convincing at first glance but Flickto has managed to pull this off. One look at the Flickto project conveys its mission to potential investors and that is to help creators produce their work. Flickto has recognized that there is a gap to be filled in the media space when it comes to financing and has taken steps to bridge this gap. Flickto enables Cardano users to fund media projects in return for a reward. This way, the media launchpad is able to provide financing to creators and artists through pools funded by investors. This is a first-of-its-kind launchpad in the Cardano ecosystem that enables anyone to fund and sponsor media productions of their choosing. Financing With Flickto For a project to receive financing through the Flickto launchpad, users will first need to vote on the project. To vote, users need to hold FLICK tokens. These tokens are then staked, which confers the right to vote on the holder. Projects with the most votes then go on to be financed by the community. Users are also allowed to stake their ADA tokens alongside their FLICK tokens. Participation in voting also attracts rewards for the users who have voted for a media project. Every media project financed by the Flickto community comes with perks for the investors. They are guaranteed a share of distribution royalties from all of the projects financed through the platform. Flickto aims to fund the next ...

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