Introduction
This comprehensive guide aims to address the most common questions about Flipit, covering everything from the platform's functionality and features to node operations, advertising opportunities, and more. This FAQ will help you navigate and make the most of your experience with Flipit.
Q: What is Flipit?
A: Flipit is an online platform that provides a hidden layer of interactive content for websites, videos, documents, and any content with a URL. It allows users to "flip" any webpage and access additional information. By offering tools that enable users to engage authentically, verify information, and contribute insights, Flipit aims to create a trusted online community.
Q: How does Flipit work, and what are its main benefits?
A: Flipit provides a universal “back” to every URL on the internet, accessible via our browser extension or by going to flipit.com/THEURL. Companies can add a single line of code to their website to add the curl enabling access to the back for users without the extension.
This approach offers several key advantages:
• Enhances online trust by community verifying content authenticity.
• Fosters community engagement through shared interests.
• Promotes dynamic user interactions.
• Provides credible reviews and user-generated insights.
Q: What advertising opportunities does Flipit provide?
A: Flipit offers advertisers a unique opportunity to place highly targeted ads directly on the back of any website. For example, competitors to Apple can place ads for their products on the back of Apple’s website, allowing them to reach users already interested in tech products. Similarly, automotive companies like Tesla can advertise on the back of competitor car manufacturer websites, reaching an audience already interested in automotive content. This ensures that ads are seen by an engaged audience at the most impactful moments, such as when users are making crucial purchase decisions.
Q: How does Flipit ensure the credibility of content?
A: Flipit uses advanced algorithms and community-driven credibility rankings to filter out bots, biased content, and hidden agendas. Ensuring credibility is a continuous effort, involving collaboration with the community and leveraging the expertise of leading data scientists. Users earn credibility points based on their meaningful contributions, such as adding reviews, comments, and insights to the back of any webpage.
Q: Can I use Flipit for free?
A: Flipit will always be a free service, with advanced features available for purchase or earned through active participation. For our Beta, simply apply for early access on our website by entering your email or a ‘secret code’.
Q: How can I access the Flipit Beta?
A: The Beta program will open after the Node Sale soft launch, allowing users to participate and explore the platform's features early. Stay tuned for updates and join the LFG and Flipit Discord servers to stay informed and connect with the community.
Q: What are the benefits of being an early adopter of Flipit?
A: Early adopters can rapidly increase their credibility scores and unlock exclusive rewards, positioning themselves as influential members within the Flipit community.
Q: How does Flipit utilize a node network?
A: Flipit Nodes performs critical functions by hosting content, supporting the InterPlanetary File System (IPFS) for decentralized data storage, and enabling community governance through voting. This ensures a resilient, scalable network aligned with user needs, fostering strong community engagement.
Q: Are Flipit Nodes NFTs?
A: Yes, Flipit Node Licenses are ERC-1155 fungible tokens. When you purchase a node license, you receive the ERC-1155 token immediately in your wallet. However, these nodes cannot be transferred for the first 90 days following the Node Soft Launch date. This restriction is in place to help maintain the stability and integrity of the Flipit network during the initial setup phase. After 90 days, the tokens will become transferable, allowing for greater flexibility and participation within the ecosystem.
Q: What is the pricing structure for the node sale?
A: The Node Sale starts at $500, with the price increasing by $100 for every 100 nodes sold, capping at $10,000 USD.
Q: What currencies can I use to purchase a node?
A: You can purchase a node using ETH, GALA, USDT, and USDC.
Q: I purchased a Flipit Node License, but I can't find it.
A: You can locate your Flipit Node License by entering your Ethereum address on a blockchain explorer like Etherscan.io or by checking your address on an NFT marketplace like OpenSea.io.
Q: I bought multiple Flipit Node Licenses but only see one. Why is that?
A: If you purchased multiple Flipit Node Licenses but only see one in your wallet, it is likely due to how ERC-1155 tokens are displayed. Flipit Node Licenses are issued as ERC-1155 fungible tokens, which means that instead of showing each token individually, they are grouped together under a single entry in your wallet. The displayed number represents the total quantity of licenses you own. For example, if you bought three licenses, you would see “3” next to the Flipit Node License entry in your wallet
Q: What are the node system requirements?
A: To run a Flipit node, your system must meet these minimum requirements:
CPU: 2 or more cores
RAM: 4GB
Storage: 60GB
Operating System: Windows, Mac, or Linux (64-bit)
Internet: Stable connection
Please note that these requirements may evolve as the platform grows and new features are introduced. Always refer to the latest guidelines for the most up-to-date information.
Q: When can I start running my Flipit Node?
A: Initially, there will be a soft launch followed by the official launch, during which we will be selling nodes for a period of 30 days. During this 30-day sales period, nodes will not be able to run any workloads. Once this period ends, the nodes will become operational, and workloads will begin running for a 90-day phase. Following this 90-day period of active node operations, we will proceed with the Token Generation Event (TGE). Detailed instructions will be provided shortly to keep all node operators informed. Stay tuned for updates on the Flipit Discord.
Q: What is the Flipit referral structure?
A: The Flipit referral structure incentivizes users to bring new participants into the ecosystem by rewarding them with tokens for each qualified referral. Referrers receive 6.5% for direct referrals and an additional 3.5% for those whom their referrals bring into the ecosystem. This fosters organic growth and strengthens community engagement.
Q: What is the utility of the FLIP token?
A: The FLIP token is central to the Flipit ecosystem, allowing users to purchase advertising space, participate in governance, access premium content, and highlight important contributions. This multi-dimensional utility ensures the token's critical role in the platform's growth and success.
Q: Where can I find the Flipit Whitepaper?
A: You can access the Flipit Whitepaper directly on node.flipit.com or by clicking this link.