The Flickto team has been working extremely hard on the front and back of their platform over the past few months. The voting platform flickto launches will be the beta as the team tests all the features and functions within the platform. The launch of the platform enables Flickto to celebrate another milestone in the roadmap to fulfill DeMe (Decentralized Media) mission.
The team has announced a giveaway of a new feature on the platform called ‘rFLICK’ and the Cardano community has been asking questions about what rFLICK is and how the community is getting involved in this giveaway?
rFLICK is a virtual voting token that will only be used within the Flickto voting platform. The token has no monetary value, so users will not be able to sell or buy it, but it will be worth a 1-to-1 value with the FLICK token within the platform. Essentially, the token will only be used internally within the platform to determine how flickto pays their community within the voting process. This allows users to hold their FLICK without asking it to the flickto team, unlike some projects that ask their community for their tokens.
flickto has designed a system that smart contracts to enable Flickto users to exchange their FLICK tokens for voting credits (rFLICK) on the Flickto voting platform. Instead of asking users to send their FLICK tokens, the team created this voting token so that you retain full control over your tokens.
Voting Credits (rFLICK) are not a separate token from FLICK; the usefulness of this function comes from: flicktos ability to keep track of what users voted for and to be used for internal purposes, such as calculating percentages for project payouts. After converting your FLICK token to ‘rFLICK’, users can allocate their credits to multiple projects at once and remove or add voting credits until the flickto team closes the voting round.
This is to enable members of the platform to contribute to the passive income concept of DeMe (Decentralized Media) being developed by flickto and is native to the Cardano network.
From March 31, 2022 at 16:30 UTC to April 5, 2022 at 21:45 UTC, Flickto is hosting a giveaway of 500 rFLICK for 500 people. To enter this giveaway all you need to do is create one flickto account on the new platform within the specified time frame. The Flickto team will randomly select wallets and airdrop rFLICK tokens for the 500 giveaway winners.
So all you need to do is create an account on the platform before April 5, 2022 at 21:45 UTC to enter the giveaway for 500 rFLICK!
Disclaimer: This is a paid post and should not be treated as news/advice.