Flote Token

Powering the Flote Social Ecosystem

FLOTE tokens will be the fuel that powers the economic engine at the heart of the Flote platform. Whereas big-tech platforms profit off you, Flote respects your voice and your privacy while offering a network of shared value where everyone benefits. 

Our Vision

Flote is building a free, open and user-friendly social network where users can interact with censorship-resistant tools like cryptocurrency and blockchain that connect with both online and real-world applications.

The Flote Token will offer rewards to users which facilitate fast and free transactions for numerous utilities and services offered within the Flote ecosystem.

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    Token Features • Phase 1

    p2p Payments

    Send crypto directly
    to other users

     

    Tipping

    for posts, messages,
    and livestreams

     

    Subscriptions

    for monthly payments
    to access paid content

     

    Rewards

    for providing valuable
    content and actions

     

    Likes

    +1 POINT

    reposts

    +2 POINT

    w

    comments

    +3 POINT

    Creator Rewards

    FLOTE tokens are distributed every day to users based on the engagement they receive for the valuable content they contribute to Flote Social. The daily reward pool is divided by 24 and paid out every hour to our user’s Flote Wallet. The amount of tokens distributed for rewards will follow Bitcoin’s halving schedule and decrease by 50% every 4 years.

    Engagement is calculated on a weighted point system. More details will be released in our coming Lite Paper.

    FLOTE Token

    Flote is an ERC-20 token on both the Ethereum and Polygon blockchains that rewards users, and powers the Flote ecosystem for the p2p exchange of digital media, goods, and services.

    • Free instant transactions on the platform
    • Supports autonomous smart contracts
    • Distribution aligned with Bitcoin halving
    • Rewards creators for engagement
    • Fuels decentralized apps (dapps)
    • Built-in interoperability
    • Real-world use cases
    • 21 Million supply cap
    Flote Token Benefits

    Token Distribution

    21M

    Total $FLOTE Token Supply

    14M

    Initial Community Distribution

    2M

    Creator
    Rewards

    1M

    Initial DEX Offering (IDO)

    1M

    Promotions & Giveaways

    2M

    Team
    Allocation

    1M

    Token
    Reserve

    Flote Market & Further Monetization • Phase 2

    In 2021 and beyond, Flote will expand its token economy to capitalize on some of the most cutting-edge decentralized technologies and seamlessly fold the services into the Flote ecosystem. Below are some of the future use-cases and protocols we’re working towards.

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    Monetization

    for creators and
    communities

     

    Physical
    Purchases

    of goods
    and services

     

    Paid Content
    & Messages

    paywall for content
    and inbox access

     

    Digital
    Purchases

    of goods
    and services

     

    Mint Non-Fungible
    Tokens (NFTs)

    custom emojis, reactions, badges
    and profile customizations

     

    Flote
    Arcade

    App and dApp
    integration

     

    Decentralized
    Platform

    for a censorship-
    resistent experience

     

    Token
    Interoperability

    $FLOTE across multiple
    blockchains

     

    Team

    Kingsley Edwards

    Kingsley Edwards

    CEO

     
    Chuck Williams

    Chuck Williams

    CXO

     
    Alex Martin

    Alex Martin

    COO

     
    Patrick Smith

    Patrick Smith

    CTO

    Erin Edwards

    Erin Edwards

    CCO

     

    Gavriel Shaw

    Gavriel Shaw

    CMO

     

    Alexander Meyer

    Alexander Meyer

    VP of Experience

     
    George Pranis

    George Pranis

    VP of Biz Dev

     

    Adam Draper

    Adam Draper

    Advisor

     

    Ready to get on board with the future of Social Media?

    Please sign up to receive updates and follow us on our social channels below as we move closer to launching the FLOTE Token.

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