Such a platform has several value-offerings.
FlipNpik VRIO Analysis
FlipNpik’s mission is to provide businesses an easy means to generate customer engagement with their brand. A platform that can generate such positive customer interactions can lead to benefits that are quite clear.
As customers promote their favorite brands by engaging with them on social media, providing positive reviews, or just showing how they have a great time at the spot, they will build a genuine goodwill (for the business) among their social circle. This allows businesses to have the opportunity to generate more leads or sales.
The value-offering isn’t just for the businesses as the customers benefit too; they receive Flip Social points for their effort and these can then be redeemed for rewards or FNP tokens. The key value offering from FlipNpik is that it removes the arbitrage in the current business-customer interactions as businesses tend to be the only gainers. By removing this arbitrage in the dispersion of value, FlipNpik creates a mutually beneficial cycle of interactions between customers and businesses.
There are a number of existing media platforms that allow individuals to interact with businesses. However, unless a person has a massive following and can earn the status of an influencer, he or she gets no value for interacting with the business. As a result, current media sites create an environment where, over time, individuals tend t have a low frequency of engagement with business’s profiles.
FlipNpik provides an alternate form of a social media, one where blockchain technology is twined with the internet to ensure customers aren’t just passing on data (a quintessential value of the internet), but are also receiving monetary compensation in return (a mechanism possible due to abilities of blockchain technology).
FlipNpik is the first social media platform designed to allow everyday people to monetize their interactions on the platform.
The blockchain sphere is particularly crude when it comes to imitation; imitators tend to swarm up rather swiftly. However, the general project that faces problems with imitators primarily utilizes a simplified utility of blockchain, ergo base transactional facility.
FlipNpik is a highly differentiated platform that integrates blockchain into a functioning social media platform. In fact, this project already has its app ready and has signed up many users. Thus, not only is FlipNpik benefitting from a powerful head start, it’s also a difficult project to replicate due to the intricacies needed to integrate blockchain into a platform involving a high information throughput. Thus, the project is unlikely to face the problem of imitators as it can easily thwart such attempts.
A project’s success weighs heavily on the abilities of its team. FlipNpik’s core team is comprise of all the key skillsets that would be needed to create such a platform.
The company’s CEO has been in charge of several businesses in the past and maintained successful tenues there; he possesses the business skills necessary in such a project. Meanwhile the companies President was involved in pioneering projects at past companies, and FlipNpik’s CTO has a detailed history of involvement with e-commerce.
The key executive positions of FlipNpik are held by individuals with a deep-rooted experience that aligns with their current roles, thereby ensuring that they can fulfill their tasks and deliver the project as per its roadmap.
Wrap-Up: FlipNpik twines the internet and blockchain to create a social media platform that benefits both the customer and businesses. As such a development is quite complex, it won’t be facing any early imitators. On a closing, its team is qualified to tackle the challenges that come their way.
FlipNpik Essential Links
💡 Whitepaper: https://flipnpik.io/wp-content/uploads/2018/04/2018_FNP_WP_EN_V10.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3405728
💻 Telegram: http://t.me/flipnpikico