FlipNpik: The Next Generation of Social Media

Athena Lee
Crypto Bacon Club
Published in
2 min readJul 9, 2018

In today’s information age, our lifestyles have conformed to the digital world. With the proliferation of social media, the way we communicate with each other has revolutionised.

Currently, we witness the trend of unpaid labour where users are infinitely exploited as they help to generate a substantial amount of value online but are not compensated at all.

Instead, their ownership of personal information is compromised and sold to advertisers, seemingly in exchange for using these platforms for ‘free’. FlipNpik, like other social media platforms, relies largely on user-generated content for its growth. However, what is unique about it is that it recognises and rewards both users and businesses equally based on their contribution, addressing the concern of imbalance in the current system.

The simple acts of liking, sharing and saving posts about a business can earn users Flip Social (FS) points, which can be used to participate in games, gain access to exclusive offers, and more. Additionally, for a limited period of time, these points can be converted to FlipNpik ($FNP) tokens. This cryptocurrency, created using blockchain technology, represents the fuel that powers the operations on the platform. $FNP can also be obtained either during the ICO or in the secondary market. With $FNP, users can gain access to even more privileges and benefits on the FlipNpik platform.

Basically, users can help businesses increase their visibility on the platform through various actions and are incentivised for their contribution to the ecosystem.

Indeed, on FlipNpik, we see a new generation of social media being born as we bid goodbye to the disproportion of remuneration often in favour of businesses. Isn’t it brilliant now that both parties can work together with a win-win outcome? This truly represents the next step in the B2C interaction on social media! Exciting!

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