Overview:
FlipNpik is a social collaborative platform built for local businesses to increase their visibility and reputation with the help of blockchain technology. This project helps local businesses to create and share content about their businesses which may add value for the users and they in turn can upvote these businesses to upgrade their reputation. Blockchain technology here helps to equally distribute the value generated on this platform to all the collaborators.
Problem:
The world is going digital. This is creating a hurdle for local businesses to gain more traffic. It is very important for local businesses to go online and collaborate with social media to increase traffic. According to statistics 46% of users use social media for deciding their consumption choices. Hence an increase in communication between merchant and the customer is necessary for local businesses to grow.
How FlipNpik works:
FlipNpik has came out with the solution to reduce the gap between the local businesses and the customers. FlipNpik has developed a 360-degree model to optimize the traditional in bound marketing. Through this they can easily convert their potential customers into loyal customers.
When users install FlipNpik app, the app shows the users businesses located around them according to their geographical location. The users can then have access to local goods and services on just one click. The users can then in return improve the visibility of local businesses by sharing, subscribing or reviewing about them. The users can also post photos and videos on their platform to promote them.
FlipNpik Token:
Flip social is a reward system used to reward users for promoting local businesses on the platform such as liking or sharing a post. Users can also earn Flip Social by bringing in more users to register into the platform. These rewards can be used by the users to play games which on winning can earn them special offers. Flip Social can also be used to get discount coupons. Part of flip social can be converted into flip social tokens. These FNP token can be used for transaction purposes and to buy goods and services. Using FNP tokens for playing games or buying goods and services will receive more benefits for the users than using social flip to carry out these activities.
Team:
Henri Harland - CEO
Holder of an actuarial science degree and a MBA in Finance (University Laval, Quebec City), Henri Harland is the founder of Neptune Technologies & Bioressources. Expert in public funding, he taught finance for 15 years at HEC Montreal and Université du Québec. he also held important positions (CEO, CFO) in different public companies.
Richard Marganne - President
Holder of a master’s degree in marketing from the Franco-American Management Center Studies and graduate from the International University of Monaco studies. His journey led him to serve as COO (Chief Operating Officer) at the heart of the Oleosea Company in Lausanne prior to becoming CEO of Gobet Rütschi.
Serge Helou - CTO (Technology & Innovation)
Holder of a master’s degree in telecommunications from the Polytechnique Montréal school, Serge Helou was a software developer at Ericsson Canada before joining L’Oréal Canada as a business analyst. At L’Oréal, his expertise led him to become a project manager as part of the IT team.
Token Matrix:
• Pre-Sale - 1 May 2018 - 30 Jul 2018 (1.0 ETH = 3043.5 FNP)
• Public Sale - 1 Jul 2018 - 31 Oct 2018 (1.0 ETH = 3043.5 FNP)
• Ticker - FNP
• Platform - Stellar
• Accepting - Ether, Bitcoin, Litecoin, Dash, Dogecoin, USD, Eur
• Hard Cap – 35 Million Euros
• Total Tokens - 1,000,000,000
Verdict:
Pros:
• The core team of the project has relevant experience and qualification for this new project.
• The project has very good team of advisors. There are advisors for marketing, PR, blockchain technology and legal business.
• The whitepaper is very much easy to understand and explained in detail.
• Their MVP is user friendly and the registration did not take much time.
Cons:
• The social media hype is very low. They have 1034 followers on twitter and 560 members on telegram.
• The companies with which this project has partnership seems to be start-up companies.
• There are similar ICOs like SocialCxN, Appics, Howdoo which have the same concept.
• The MVP was released in 2017 and still has 1000 installs.
Whitepaper: https://flipnpik.io/wp-content/uploads/2018/04/2018_FNP_WP_EN_VP_04-1.pdf
Website: https://flipnpik.io/
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c