FAQ

Frequently Asked Question:

Q1: How does Flickrz facilitate the migration of web2 users to web3?

A: Flickrz ensures a seamless transition through a user-friendly interface, featuring familiar content sources. We prioritize user convenience with automatic wallet creation and free NFT character drops. Strategic partnerships with active user-focused promotions enhance user awareness and adoption of Flickrz.

Q2: How does Flickrz address potential inflation concerns?

A: Flickrz tackles inflation by offering diverse spending options for earned EP tokens, encouraging their use and subsequent burning. We maintain a careful balance of tokens, implementing various burning mechanisms within our ecosystem. Our approach ensures flexibility in managing token revenue and prevents inflation. Additionally, we avoid pre-sales or private sales, eliminating concerns of sudden large token dumps.

Q3: How will Flickrz attract other digital content platforms?

A: Flickrz leverages cross-traffic effects through partnerships, expanding its community and introducing users to diverse digital content. Successful collaborations demonstrate our ability to create new business opportunities. We offer untapped web3 traffic, providing additional revenue streams for partner platforms. This influx of users benefits both Flickrz and its collaborators.

Q4: What value do you offer users?

A: We prioritize content enjoyment. In Enjoy and Earn (E&E), users find fulfillment in the content they love. We add the bonus of potential rewards to enhance their experience. Unlike many Web3 projects, we provide real, accessible content. Users can trust us for authentic web2 digital content, setting us apart from others in the industry.

Q5: How does Flickrz receive data from partnered platforms?

A: Through our strategic partnership, all data requests are made internally to the partnered platforms. Then the partnered platforms shares the necessary data with Flickrz, ensuring seamless collaboration.

Q6: What is your marketing strategy?

A: Our marketing approach combines Web2 and Web3 strategies. In Web2, we utilize aggressive marketing campaigns through various advertisements (Display, Banner, Video) on large platforms. We leverage our partnerships for brand exposure and plan promotions to incentivize users. Collaborations with popular influencers and integrating FLKZ tokens as payment enhance our reach.

In Web3, we conduct airdrops, engage with KOLs for brand exposure, and participate in Ask Me Anything (AMA) sessions. Cross-marketing with other Web3 projects and active content uploads on social channels (Discord, Telegram) strengthen our Web3 community.

Q7: Who is your target audience?

A: Flickrz aims to engage approximately 1.9 billion digital content users, including three categories: Phase 1 (Entertainment), Phase 2 (Education), and Phase 3 (Digital Streaming) consumers. Our focus is on offering convenient content enjoyment, breaking down entry barriers in Blockchain UX for the wider public. For existing Web3 users, we provide a stable platform with unparalleled world-class content.

Q8: What behaviors are expected from users towards the token products?

A:

EP Token: Users are encouraged to collect and earn EP, given its diverse applications. EP not only enhances earning opportunities but can also be swapped into FLKZ, providing users with flexibility.

FLKZ Token: Users are incentivized to hold and accumulate FLKZ due to its role as the governance token. Holding FLKZ offers potential benefits, especially with our staking mechanism, where the more users stake, the greater their influence over decisions within the Flickrz Ecosystem. This encourages long-term commitment and engagement.

Q9: Do you have plans for any IDO in the future?

A: Our primary focus is on getting listed on major central exchanges. However, once we establish a strong market presence, we do plan to expand our reach by listing on Decentralized exchanges, further enhancing the growth of the Flickrz protocol.

Q10: What anti-cheating mechanisms do you have in place to prevent fraudulent activities?

A:

Time Variable: The time variable for viewing content only continues to count down if the user remains on the specific page of the selected content. If the user attempts to cheat by opening other tabs or browsing unrelated content, the timer will pause, ensuring accurate tracking of viewing time.

Inter-connected Servers: Our system employs inter-connected servers. If the partnered platforms' server fails to recognize or approve that the user has viewed the content within the required time, it will not transmit the data to Flickrz, introducing additional barriers to deter users attempting to cheat the system.

Q11: When will the system be launched?

A: We are currently in the closed beta testing phases. We plan to launch our open beta service next month, bringing our platform to a wider audience for user engagement and feedback.

Q12: What fees do you charge users within your system?

A: Marketplace Transaction Fees:

• Creator Fee: 2.5%

• Platform Fee: 2.5%

• Swap Fee: 2%

These fees apply to transactions within our marketplace and ensure the sustainability and development of our platform.

Q13: How is earning calculated during Enjoy and Earn (ENE)?

Earning Calculation Formula: Earning per ENE episode = Memory Stat * X * Y

X Variable: This variable is based on the Character’s Stamina Attribute.

Y Variable: A random variable generated by the system, defined within a given range of values.

Memory Stat: One of the Character’s stats directly affecting its earning capability. Earnings are calculated based on these variables to ensure a fair and dynamic reward system for our users.