Since the Launch of its ISPO Remastered on Valentine’s Day 2022, Cardano’s first Decentralised Media Incubator has seen incredible growth in both delegators to its stake pool and the value of its token, $Flick. Flickto now has over 2700 delegates and a total stake of 41.5 million ADA. Considering how well the young company has done up until now, and to make sure you don’t miss out, here are a few reasons why $Flick is a great investment for you.
Early to market; How you can shape the media industry
Like Decentralised Finance (DeFi) there are a few that understood how Blockchain could be used to fix issues in financing. Flickto is the first of its kind Decentralised Media platform that is looking to remove control of the media industry from the hands of the few, and give it back to the consumer. Since the concept is so new, Flickto is spearheading the innovation in the space. As a result, Flickto will have a first-mover advantage in best practices for navigating the space.
So what does this mean for you, the delegator? First movers advantage essentially means that by being first to market you will gain a competitive advantage through establishing strong brand recognition, and customer loyalty. So rather than wishing you backed the first DeFi company, Flick allows you to be part of a brand new market maker. First movers benefit from having a longer learning curve. They are able to establish the most cost-effective ways to help creators make content, which means both the creator and the delegator benefit from the passive income that accrues from royalties.
Being early to market has other advantages, Flickto has demonstrated prowess in the strength of its strategic partnership specifically with established contacts in both the Crypto and Media industry. To name a few; Cardano’s first Decentralised exchange MuesliSwap, and production powerhouse Bazooka Bunny. This means that when it comes to putting your $Flick to work for you, the content that you choose has had advisors from a Netflix-approved distributor with a history of success in the film industry look over it and establish its viability. Moreover, you are able to purchase Flick from one of the biggest names in the Cardano ecosystem.
Flick is one of the latest tokens in the Cardano ecosystem that rewards its users with passive income. This is done not only by offering traditional rewards through staking your ADA, but there are also rewards for both long-term delegators and new delegators for their loyalty. What this means is, regardless if you staked at the beginning or you just discovered this exciting project, investing in Flick will provide you with rewards.
Through ISPO Remastered, the current rate of Flick earns you 0.33 $Flick tokens per ADA, per EPOCH, with the addition of bonus rewards such as extra Flick, NFT Rewards, and exclusive access to production discounts. Flick is one of the few ways you can have your cake and eat it too, by voting for media projects that you will ultimately consume. After voting, rounds are over and the selected media project is funded and distributed, users who vote on successful projects receive passive income in the form of distribution royalties, which is just another incentive for investing in Flick. Flick allows investors to continuously be rewarded for helping to establish the first Decentralised media company. Stake to the #Flick pool today.
Disclaimer: This is a paid post and should not be treated as news/advice.