FLICK: How does owning $FLICK benefit you?

Rish
3 min readFeb 17, 2022

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Whether you are slowing down for the evening after a busy day’s work or are on an exciting first date, films and media have always been something that has had a massive influence in society. The media industry has been remarkable in how it has inspired and influenced the stories by which this world rests on. Spreading messages and stories is undoubtedly an innate human feature, yet it is a shame that the budding creativity of millions of individuals is being overshadowed by the monopoly model of the traditional financing models we see currently.

Flickto provides an alternative to traditional financing and business models within the media industry. Our model places unique human experience and diversity at the forefront, while aiming to generate sustainable profits from the projects we develop, produce and distribute.

Disrupting Media

Traditional media as we know it today is a very centralised entity. Take Disney for example. In 2021 Disney’s revenue was one fourth of the mainstream media’s overall revenue of $21.4 billion dollars. From acquiring other major media franchises within the industry such as Marvel and ABC news, Disney have cemented themselves as an industry powerhouse. This can be very problematic and leads to a media that is solely focused on the narrative that they wish to portray, which is not necessarily in the best interest of the masses as profit incentives take priority in current times.

This is where we intervene. The direction that the media is heading in is diminishing the creativity and storytelling that we as consumers deserve to see on our screens. We want to bring this back. Content should be used to entertain and bring joy into the lives of those who consume it. There are stories from all around the globe that are eagerly and deservingly waiting to be heard.

Through staking ADA with the $FLICK token, you can be a part of a great community that has a direct impact on projects that promote diversity and positive influences through multiple measures;

  • Funding Projects that YOU want to see
  • Voting platform to give back power to the consumer
  • Social Impact; focus on developing a better world
  • NFT rewards; production utilities for creatives and many more
  • Flickonomics; creating a learning hub for creatives
  • Sustainability practises within the firm as well as promoting it

We have tailored the staking of the $FLICK token to have proportional representation to prevent those with larger holdings of $FLICK from getting an unfair voting advantage, especially as this would be counterintuitive to Flickto’s objectives.

Films will be judged on originality, creativity, plot, pacing, structure, characters, cinematography and entertainment value, as well as on effectiveness of the message and the ability of the film maker to reach an audience.

If only it stopped at the benefits of voting. We believe that the support of the community should be reciprocated, thus through staking your ADA with $FLICK you will receive rewards and royalties that increase over time.

Not only that, but holding $FLICK gives you access to receive a portion of the distribution rewards of funded projects. The successful projects will circulate royalties back into the community, in turn creating a symbiotic relationship where both parties gain.

To stake your ADA with $FLICK, take a look at our article on our current ISPO!

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