FlipNpik And All You Should Know About Their ICO Sales

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Industry and wealth centralization and globalization have resulted in an unfair competition where just massive players can survive to the detriment of smaller businesses. Social Media is also not an exception. There is currently an enormous disparity in the social network environment. Inequalities in the climate are prominent because platforms that provide visibility work better with large businesses that have higher purchasing power.

Small businesses are at the losing end because they do not possess the budget nor expertise to make headway on these platforms. The good news is that there are platforms which aim to proffer a solution on the rise. One of these platforms is FlipNpik. But what exactly is FlipNpik? Do read on to learn more.

What is FlipNpik?

FlipNpik is a JOINT Social Media for local businesses that function in an Ecosystem that is dependent on Blockchain technology. The value amassed is shared in a decentralized and equitable manner among all the collaborators who are active. The main objective is to add to the enhancement of the local environment and to foster the circuits of responsible and domestic consumption.

The FlipNpik platform provides businesses with increased visibility amassed by their community participation. This model offers collaborators and users with the chance to attain remunerations and rewards for their actions.

FlipNpik Platform Features

Value Creation - A collaboration of users contributes to the creation of value by boosting the viability of businesses via various actions through the addition of new businesses to the application or by taking the role of an Ambassador partner.

Flip Social - This is a reward system which is dedicated to retaining and stimulating users on the platform.

The FlipNpik Token – FNP

FNP is the foundation of the FlipNpiks Ecosystem’s economic model. The FNP is a utility model which is shared on the platform. The overall supply is going to be around 1 Billion tokens with 350 million tokens for ICO sales. 150 million FNP will be shared for management and bounty token while 500 million will be safeguarded and released after 4 years.

The only cryptocurrency accepted is ETH while the only Fiat currency accepted is EUR. 1 ETH can get you around 3043.5 FNP. There is a set hard cap of 115,000 ETH which is the same as 35 million Euros. Presently, there is no set Soft cap.

The raised funds in the ICO and Pre-ICO will be utilized in the following ways: 19percent of its initial IP and fees and 12 percent for operations and admin. 25 percent would go to marketing and sales while 44 percent will be utilized for platform research and development.

Pre-sale starts on the 1st of May and would go on till the 30th of June 2018. The Pre ICO is set to begin on the 1st of July and would go on to the 31st of August will the ICO will go on from the 1st of September to 31st of October.

Conclusion

To learn more about their ICO and take part in their ICO sales, pay a visit to their Website, Telegram, ANN, Bounty Thread.

Btt user: Lyd
Btt link: https://bitcointalk.org/index.php?action=profile;u=1053480
Stellar address: GCOXAMEBNNCQTTM2WVCK5IBHSDBCONWUQ36MA7CEXFSTVVP6JFAFAVPR