Major New Achievement:
The Success of Flickto’s Public Sale on ADAX
Our recently released ADAX Launchpad has just had its first major success! All of our early projections were surpassed in the fundraising round we organized on behalf of Flickto Media (FLICK), as the project attracted unanticipated levels of attention from both retail and institutional investors. Setting a highly ambitious target of $500,000, Flickto’s IEO has delivered outstanding results even in the current climate of market uncertainty, as over 3,000 participants have together raised over $400,000. FLICK will now be listed with FLICK-ADA and FLICK-USDT token pairs, and will become freely tradeable on the market.
Just to remind the reader, Flickto is a Cardano-powered community media launchpad, on a mission to uproot the old ways of content funding. By crowdfunding directly, Flickto seeks to empower content creators to produce the next Box Office hit, Youtube sensation, or an Emmy Award-winning TV show. Flickto’s community (FLICK token holders) will provide direct funding to the most promising projects, receiving some of the proceeds from the most successful ones. Flickto will foster a community space, where content creators and their supporters can come together, exchange ideas, and promote each other’s latest projects.
ADAX is an automated liquidity protocol that facilitates non-custodial and censorship-resistant trades within the Cardano ecosystem. ADAX seeks to obviate the need for centralized middlemen, facilitating token swaps, providing ample asset liquidity, and broader reorientation of the DeFi world towards Cardano. ADAX users will be able to effortlessly execute smart contract-based trades instantly and only at a fraction of the cost of the Ethereum network.