FlipNpik Business Analysis (NEW ico)
FlipNpik is a platform designed to reward customers who engage with businesses. Engagements can be any interactions like sharing a business’s posts, creating content on their behalf, liking them, etc. As customers are rewarded for promoting their favorite businesses, they feel a stronger inclination to do so with greater consistency.
Such a platform has several value-offerings.
FlipNpik VRIO Analysis
FlipNpik VRIO Analysis
VRIO analysis gives a crisp and tight snapshot of the odds of success of a project.
I’ll be analyzing whether RepuX genuinely adds value to the overall state of cryptos and whether its value-addition is sustainable and maintainable.
FlipNpik’s mission is to provide businesses an easy means to generate customer engagement with their brand. A platform that can generate such positive customer interactions can lead to benefits that are quite clear.
As customers promote their favorite brands by engaging with them on social media, providing positive reviews, or just showing how they have a great time at the spot, they will build a genuine goodwill (for the business) among their social circle. This allows businesses to have the opportunity to generate more leads or sales.
The value-offering isn’t just for the businesses as the customers benefit too; they receive Flip Social points for their effort and these can then be redeemed for rewards or FNP tokens. The key value offering from FlipNpik is that it removes the arbitrage in the current business-customer interactions as businesses tend to be the only gainers. By removing this arbitrage in the dispersion of value, FlipNpik creates a mutually beneficial cycle of interactions between customers and businesses.
There are a number of existing media platforms that allow individuals to interact with businesses. However, unless a person has a massive following and can earn the status of an influencer, he or she gets no value for interacting with the business. As a result, current media sites create an environment where, over time, individuals tend t have a low frequency of engagement with business’s profiles.
FlipNpik provides an alternate form of a social media, one where blockchain technology is twined with the internet to ensure customers aren’t just passing on data (a quintessential value of the internet), but are also receiving monetary compensation in return (a mechanism possible due to abilities of blockchain technology).
FlipNpik is the first social media platform designed to allow everyday people to monetize their interactions on the platform.
The blockchain sphere is particularly crude when it comes to imitation; imitators tend to swarm up rather swiftly. However, the general project that faces problems with imitators primarily utilizes a simplified utility of blockchain, ergo base transactional facility.
FlipNpik is a highly differentiated platform that integrates blockchain into a functioning social media platform. In fact, this project already has its app ready and has signed up many users. Thus, not only is FlipNpik benefitting from a powerful head start, it’s also a difficult project to replicate due to the intricacies needed to integrate blockchain into a platform involving a high information throughput. Thus, the project is unlikely to face the problem of imitators as it can easily thwart such attempts.
A project’s success weighs heavily on the abilities of its team. FlipNpik’s core team is comprise of all the key skillsets that would be needed to create such a platform.
The company’s CEO has been in charge of several businesses in the past and maintained successful tenues there; he possesses the business skills necessary in such a project. Meanwhile the companies President was involved in pioneering projects at past companies, and FlipNpik’s CTO has a detailed history of involvement with e-commerce.
The key executive positions of FlipNpik are held by individuals with a deep-rooted experience that aligns with their current roles, thereby ensuring that they can fulfill their tasks and deliver the project as per its roadmap.
Wrap-Up: FlipNpik twines the internet and blockchain to create a social media platform that benefits both the customer and businesses. As such a development is quite complex, it won’t be facing any early imitators. On a closing, its team is qualified to tackle the challenges that come their way.
FlipNpik Essential Links
🌐 Website: https://flipnpik.io/
💡 Whitepaper: https://flipnpik.io/wp-content/uploads/2018/04/2018_FNP_WP_EN_V10.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3405728
💻 Telegram: http://t.me/flipnpikico
Connect with me:
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
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FlipNpik blockchain model chooses to focus on facilitating development at the community level with the hope that development in these smaller economic units would reflect nationally and globally. Local businesses are often small to medium size without adequate capital to invest in marketing and other customer acquisition strategies.
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Glad to hear that :)
Interesting topic, bookmarked for later reading and upvoted. I have you on Steemauto for automatic upvote as one of my favorite authors.
Thank you; I appreciate the support :)
I have read in a post by Dan Larrimer, one of Steemit cofounders that curation rewards can be increased both by timing and by increasing the amount you contribute to the rewards. I think this reference to “how much you contribute to the posts rewards” can mean two things:
1st the strength of your upvote in terms of Steempower and percentage of voting power used.
2nd the amount you contribute via BidBots. I think it may be mathematically possible to make your curation rewards greater by magnifying your contribution to the total rewards.
What do you think?
Thank you,
@shortsegments
FlipNpik’s new blockchain-based platform provides a way to accomplish this goal. By bringing users, businesses and service providers together, the platform will create a symbiotic relationship that benefits all participants. This model monetizes word-of-mouth advertising and provides a marketplace for local marketing contributions. Local businesses benefit from increased visibility, while users can more easily support them, generate earnings and benefit from promotions and incentives along the way.
new earning opportunity
Earning from something you might already be doing.
The FlipNpik platform offers businesses enhanced visibility generated by the participation of their community. The participatory model gives users-collaborators the opportunity to get rewards or remunerations for their actions.
Yes, that's correct.
FlipNpik is a platform designed is realy great things. It our help for cryptocurrency earn.I like your topic
You really bring out good ico's for us.
Keep up the good work
Thank you :)
Fantastic work with this one.
Thank you :)
Good information provide, FlipNpik is a platform