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Flickto using Web 3.0 to provide their community a stake in the media industry

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Flickto is a media project incubator utilizing innovative funding mechanisms to decentralize media and provide consumers with ownership through their native $FLICK token. They’re using a voting platform that will be released Q1 2022 to give $FLICK token holders the opportunity to vote for projects that they wish to see produced while being eligible for passive income from alternative revenue streams (cryptocurrency consultancy, marketing or production services), media project returns (IP, royalties, merchandise or pre-sales) and from investments into other production companies and media organizations. 

Web 3.0 provides users, consumers and creators the opportunity to enhance their level of ownership through blockchain technology and the emergence of crypto communities which create these ecosystems filled with value, expertise, and innovation. DeFi is to finance but DeMe is to Media. Through the use of blockchain and Web 3.0, Flickto will be able to provide their community with a stake in the media industry- which individual and retail investors have been shut out of traditionally. $FLICK is ultimately a utility token as voting rights, monthly payments and access to projects, teams and media all create a unique ecosystem aiming to solve a long-standing problem. 

What is the problem in Hollywood? 

Hollywood and the current media landscape is failing at commercial viability, inclusivity, diversity, representation, authentic storytelling and valuing their creators and consumers. The apathy towards media as an industry has never been felt more than during covid-19 and the preceding years whereby fans felt they were being force-fed the same cookie-cutter content that lacked originality and the diversity that exists in human experience. 

How will Flickto solve this? 

The project provides individuals with a stake in the media landscape through their $FLICK token. This stake means they are eligible to vote on projects that are funded, access revenue streams that Flickto are eligible for as a Media Project Incubator- while collectively championing the movement of decentralizing media. 

Every human being on the planet should feel they can consume media without being concerned about malicious, political or financial influences. It’s the safety of our minds that Flickto protects. The voting mechanism enables the community’s voices to be heard while the education Flickto provides will help upskill the community to appreciate media and to help them direct the project in a positive, meaningful and sustainable way. 

What can you do? 

Flickto is currently running ISPO Remastered – by staking your ADA with [FLICK], you become eligible for 0.33 $FLICK per ADA per epoch. Alongside this, there are NFTs for both long-term and new delegators with both bonus $FLICK and exclusive access to media projects, the team and content. Flickto believes strongly in the power of a social movement; in the collective desire to change an industry for the better. Stake for Change, Stake with Flick.

Disclaimer: This is a paid post and should not be treated as news/advice.

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.

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