Which Business Will You Pik?

Sarah Tan
Crypto Bacon Club
Published in
2 min readJul 16, 2018

In recent years, new media platforms like Facebook and Twitter have adopted the trend of focussing on collaborative economies, disrupting traditional socio-economic models. Such economies place consumers at the heart of all the action in their respective businesses. Although consumers often generate most of the value on such sites, the majority of this value goes to the shareholders rather than the consumers. However with the advent of blockchain technology, it is now possible to create new ecosystems that can resolve this inequality by sharing value between both parties. This type of ecosystem is coined as the “360° collaborative economy”.

FlipNpik is the first social media platform to utilise this 360° collaborative economy model. On FlipNpik, users are able to view local businesses in their general vicinity in the accompanying mobile application and choose if they want to pick and follow them. To follow a business, users can simply ‘swipe right’ on its digital profile. On the other hand, ‘swiping left’ on the profile unfollows the business. By picking a business, users will be able to view posts concerning it on their news feed. In addition, they will also be able to keep themselves updated on the occasional special offers and promotions offered by the business. Users can then interact with their followed businesses by liking, sharing or saving their posts. Furthermore, they can even write and publish their own content about the business on the latter’s profile.

Will you Flip or Pik?

In return for these positive actions on the platform, users will be rewarded with Flip Social (FS) to spend on instant promotions and games. Additionally, they can be converted to FlipNpik tokens (FNP), which is the cryptocurrency created by FlipNpik. FNP can be used to purchase products from businesses through the application or from their respective stores.

Can’t find your favourite business on the application? Don’t worry as you have the ability to register non-existing businesses onboard, helping to give them a new opportunity for visibility while collecting more FS on your account! So what businesses will you be piking today?

Find out more about FlipNpik:

Website: https://flipnpik.io/

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

Telegram: http://t.me/flipnpikico

Facebook: https://www.facebook.com/flipnpikworldwide/

Twitter: https://twitter.com/flipnpik

--

--