There was a time when we all used to visit the nearby grocery shop for supplies or the Pizzeria for a quick bite. But that's not the case anymore. With the radical development of cities and industry and commercialization, there has been the rise of industrial parks and malls. This has its advantages and it has a lot of drawbacks. It helps us get access to brands from afar, increasing the net worth of the nearby properties and help standardize the much disorganized industry and provides ease of access for the customers.

But this has had a negative impact on the local shops, companies and industries. These mom and pop stores were established in the places of their ethnicity and now with the arrival of steep competition, their profits tend to get affected so much that they have no other option than to shut down their stores.

Also, not just the arrival of malls and branded stores contributed to this diminishing local stores, but with the advent of the Internet and Social Media, online shopping sites like Amazon and Flipkart offer a much streamlined shopping experience, and most importantly, allows us to shop from basically from our homes or wherever we are and get the products delivered right at our doorsteps.

This and the fact that they've got an immense inventory and attractive bonuses and offers for the users makes no sense for us to keep visiting the shop on our street corner.

All this has led to drastic decline in the number of neighborhood and convenience stores. These stores are actually have a lot of experience and heritage involved in the field as they were the ones to first start business. They also tend to provide a lot of jobs for the local market and helped contribute back to the society that were based in. I remember most of friends who used to work part-time in shops in our neighborhood and you also had the ability to bargain for the goods, helping you get cheaper deals, but this is not possible in online stores.

Let take the example of the Pizzerias, they tend to use a lot of local and fresh ingredients and this would make the pizza taste fresher, unlike the ones from large chains like Dominos or Pizza-Hut. We could sit and socialize with the owners or be it strangers and this led to it having a personal touch that could never be offered by an online store.

FlipNpik Platform

With the implementation of blockchain, it helps the local stores to get the online action and get more coverage than just being a local store. This is made possible by allowing the users themselves become the brand-ambassadors of sorts, allowing them to add business into the platform. Also they provide incentives for using the platform, paying them with their crypto-currency. This can be then used to further promote or buy products from the shops listed on the platform.

It basically promotes itself as a social-media platform of sorts for the local businesses, allowing them to spread the listing by sharing, liking and commenting on the shops.

ICO & Team

They plan to hold their first Token Generation Event (TGE) or the Pre-ICO as they call it on 1st June with periodic bonuses. Their Private Sale is currently in progress. The FlipnPik Token is based on Stellar Blockchain platform unlike the popular choice of most other Projects, ERC20.

Their Team consists of experts in public funding, marketing experts, UX/UI designers, Community Manager, Financial Analysts and a group of support staffs and collaborators. They are backed by two well-established advisors, one from a Investing Company and the other is an Industry Analyst. They've been able to make partnerships with a few companies.

Conclusion

They have got a great idea for saving a industry that is in dire need of help. They require a lot of help for that matter to become as relevant in such changing times and this is one way of getting them back on track.

Website - https://flipnpik.io/

Whitepaper - https://flipnpik.io/wp-content/uploads/2018/04/2018_FNP_WP_EN_V10.pdf

ANN - https://bitcointalk.org/index.php?topic=3405728

Telegram - https://t.me/flipnpikico

Written by - Alexanderdaniel

Profile - https://bitcointalk.org/index.php?action=profile;u=2163421