FlipNpik ICO Review & Rating

FlipNpik is the only ecosystem that allows you to monetize your social media posts by supporting local businesses.

Review & Analysis ❯ Website⇱ Whitepaper ❯

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What problem does FlipNpik solve?

FlipNpik is the first Collaborative Social Media for local businesses operating in an Ecosystem based on the Blockchain technology, in which the value generated is distributed in an equitable and decentralized manner among all active collaborators. The primary mission is to contribute to the improvement of the local economy and to promote the circuits of local and responsible consumption.

FlipNpik ICO Review and Analysis

Review and analysis of FlipNpik by ICO analysts:

Strengths

Very clear materials and relatable value proposition
Flipnpik concept has been proven with more than 700 shops and 6000 consumers using the app
Credible and well-balanced advisory board from both industry and crypto angle

Potential concerns

Mainstream adoption might need new kind of behaviour from the masses
The roadmap could have included more specific measures for the different milestones

FlipNpik ICO Rating: A

FlipNpik rating breakdown by ICO analysts - Learn more about the rating and grading here

Rating category	Rating	Comments
Team legitimity	4.1
LinkedIn Profiles	4	Core team members have professionally crafted profiles
Background of Lead Team Members	4.25	Seasoned business executives
Team Assembly and Commitment	4	Large group of local representatives to support core team
Team Skill Set Relevance	4
Team Skill Set Balance (biz / tech / blockchain)	4.25	Very nice advisor group with both serial entrepreneus and crypto influecers
First Impression	4.25
Potential of tokenization model	3.05
Blockchain Development	3
Disruptive Blockchain Advantage	3
Need for a Custom Token (vs. BTC or ETH)	3.25	Token has both utility and reward features
System Decentralization (besides token)	3
Contribution to Blockchain Ecosystem	3
Hard Cap	3.5	20M USD
Token allocation + Fund allocation	3	Presented as pie charts
Professionalism of the available material	3.6	Whitepaper written in extrememely simple form
Comprehensiveness	4.5
Readability	4.5
Transparency	3
Business Plan Presentation	3
Technology Presentation	3
Realism of the roadmap compared to the team size and budget	3.2
Concreteness	3
Feasiblity	3
Vision	3.5
Dependencies (other services or capabilities required)	3
Current Position	3.5	Flipnpik concept has been proven with more than 700 shops and 6000 consumers using the app
Partnership network	3.5	Relevant industry partnerships established
Background of the managing organization		N/A
Size of social media communities	4	Nice followings on all relevant channels
Reviews on other ICO sites and media	4.25	Good coverage on other ICO sites
Is it easy to find the relevant information from the provided materials?	4	Yep, easy

The FlipnPik Token

425M FNP tokens will be issued
200M are released in year 1
125M will be released in year 2
125M will be released in year 3
125M will be released in year 4
FNP are released only when users are adding value to the ecosystem. More merchants and users will create a strong demand for FNP tokens.