Reaching New Heights: Flickto IDO on KICK.IO has Surpassed all Expectations

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Flickto Media just had a phenomenal performance on the KICK.IO launchpad. Its IDO has surpassed our early projections of investor interest and has achieved new heights, raising a total of 649, 046.4 USD. Flickto has now become a true success story - selling out the initial IDO allocation in a very short span of time - even receiving an extension that consisted of a further USD 230,000 worth of tokens.

To remind our readers, Flickto is a Cardano-powered community media launchpad, designed to bring about a lasting change in the way media projects are funded. By providing direct project funding, Flickto seeks to empower content creators and redefine the ways in which the public can influence the production of content. Flickto’s community will fund innovative Films, TV, and streaming shows that are currently deprived of funding. FLICK token holders will be able to earn more FLICK by voting on projects, staking, and will receive a portion of the proceeds from the successful media projects.

For behind-the-scenes insight into the process of an IDO, we asked Rob Knight, Co-Founder & CTO of Flickto, for his take on the recent successes.

How does FLICKTO team evaluate their expectations in comparison with actual results at KICK.IO launchpad? Were your goals achieved? 

This being our first round of fundraising to the general public, as a project we had no benchmark to compare it against or pre-set expectations. This was one of the areas that KICK supported us with early on: helping to manage our expectations and use their existing wealth of knowledge to ensure that our expectations were realistic. In terms of achieving our goals, it’s safe to say that