Flickto, the first media launchpad on the Cardano ecosystem, has announced that it will be holding a public sale round on ADAX. This is coming off the back of a successful fundraising round held in December that marked the end of a wildly successful year for the project. Now, Flickto is taking it one step further as it offers the public the chance to get in on the project that will revolutionize the content creator space.
First Public Round On ADAX
The Flickto IDO/public round is set to begin on Monday the 10th of January for the priority round and Tuesday, 11th January for the general public. The public round will be the first-ever to be held on the liquidity protocol which helps to facilitate non-custodial and censorship-resistant trades within the Cardano ecosystem.
Opened at midday on ADAX, users qualified for the priority round by having at least 1,000 ADAX staked in a locked ADAX pool. These users were able to purchase FLICK tokens for a significantly lower price for the first 24 hours before the public round was opened up to the general public, with over $170,000 worth of FLICK tokens sold.
The public sale will run till midday on Friday, 14th January, where priority access users will be able to purchase FLICK tokens for $0.009 each, while the general public sale will kick off at $0.01 per FLICK token. The minimum contribution for the priority round starts at $50 and $10 for the public IDO. Tokens are locked for six months until July 1, 2022.
ADAX aims to remove the need for centralized middlemen to facilitate token swaps, while also providing ample asset liquidity and broader reorientation of the decentralized finance (DeFi) space towards the Cardano ecosystem. Smart contract-based trades are executed faster and at a fraction of the cost of the Ethereum network.
Flickto Is Changing The Pace Of Media Financing
Flickto first broke into the DeFi scene in November 2021 as the first and only media financing launchpad on the Cardano network. The project has since gone to prove itself as a force to be reckoned with by disrupting the long-held monopoly on content production by media conglomerates.
Flickto takes the power to choose which media projects to finance out of the hands of these conglomerates and gives it to the masses. By staking in the Flickto pool, users are able to vote on and pick which media content they would like to finance and see produced, ranging from YouTube content to big Box Office releases.
Furthermore, users are able to earn distribution royalties from the successful projects that they sponsor. Flickto provides a space where content creators can interact directly with their supporters and consumers to bring to life the projects they want to see on the big screen.
FLICK tokens are currently being earned via voting, staking, and are available and freely tradable on the open market. Users can earn 0.15 FLICK for every ADA in active stake through the Flickto ISPO.
FLICK was recently listed on the Muesliswap DEX where the tokens are freely tradable on the open market.
To participate in the Flickto public sale, head over to https://cex.adax.pro/launchpad/flick-ada