What is Blink?
A Blink is a recommendation made by each user. Can be anything including someone, product, place, event, service, technology, or other recommendations. Blinks made by friends appear in Feed and can be seen by swiping sideways. Blinks made by all users can be seen in Find. Every user can like or comment on Blink made by other users. A Blink or comments made by a bad actor can be marked by Blinked admin and punished. Each Blink is created using the Blinked icon at the bottom of most screens that uses Blinked technology to automatically attract addresses, suggested images, links and other information when entering only the Blink name. Users must comment on their Blink and then send.
New Crypto-Onboarding:
When entering the application, users can enter (existing users) or register (new users). New members may first enter a cellphone number, followed by an option to follow other users (family, friends in their address book, and influencers or Blinked Publications or Publications). After selecting users to follow, they will be presented with a short and optional onboarding video that explains their new Blinked platform, BLKD, and Blinked wallets. After viewing instructional videos, they will have the option to set their Blinked wallet with a Google authentication code. When preparing a wallet, they will have the option to watch one last short video with an in-depth explanation of BLKD, as described in the “Token Utility” of this white paper.
NEW PLATFORM BLINK:
Users can see each Blink in Flashing Feed made by users they choose to follow including friends, influencers, experts, or publications by swiping from left to right in the application.
- Find
Each user can find other new users, Flashing, influencers or publications and choose to follow them at Discover. A toggle is available to view their images all categorically and text fields are available for clearer searches.
- Map / Near Me
Each user can see recommendations made by friends nearby on the map, and can choose a map view or list. Filters are available for viewing results categorically (e.g. Food & Beverage or Shopping).
- Profile
User profiles are available by tapping the top right corner of the application. Profile picture and settings can be adjusted. Users can also see any recommendations made by them to date. Filter categorically to see recommendations by city or category. Other user profiles are available by tapping their name or
images anywhere seen in the application.
- Ask
Users can “Request” friends to get recommendations. The Ask becomes visible only in the feed. Anyone who follows users can respond.
Blinked Arcade
Users can exchange Blinked Gold (BGZD). for prizes at Blinked Arcade.
Purse
Users can view their total BLKD and BLKD Gold tokens.
INTRODUCTION OF BLINKED TOKEN:
Flashing is carrying out issuance of tokens and sales of utility tokens below
the name of the Token Flashes
As explained in this white paper, Blinked tokens for use on the Blinked platform are engineered to function as advertisements and gift products themselves. Advertisers, businesses, or users buy Blinked tokens, exchange them with a performance token, Blinked Gold, and use them to get on the platform or offer them to end users for engagement with digital advertising content. There is no other purpose for using Blinked tokens.
Blockchain will be included in distributed application software platforms for the purpose
handles transparency and validation issues in online display ads and reviews. Existing nonblockchain solutions do not offer trusted resources. The inherent transparency offered by blockchain will overcome many of the concerns that individuals have with solutions such as Yelp and Facebook. BLKD and BGZD tokens are very important for users, businesses and advertisers.
TOKEN ECONOMY MODEL & STABILIZATION:
This document is intended only for people who are contacted directly by Blinked and that is not an offer to sell or an invitation to buy any digital assets. This contains confidential and special information. If you have received this document in error, please notify the sender and delete this file.
The flashing token is a utility token, whose value comes from its use in the Blinked network. Blinked token holders include users, advertisers, brands, businesses, and local decentralized sales teams, as well as independently operated stabilization funds.
Blinked users get Blinked Gold by engaging with advertisers or other users. Blinked Gold can be converted back into tokens Flashing at a predetermined level (and then converted to fiat currency), spent on buying goods and services with Blinked arcades, or used in Blinked networks (such as challenging other users or playing games). The Blinked Network provides incentives for Blinked users to be more actively involved with advertisers and other users. Users are classified into various levels based on their level of involvement: ordinary users, featured users, expert users, primary users, ambassador users, and premium users.
Advertisers, brands and businesses buy flashing tokens to identify and obtain customers who use the Blinked network, and to better understand their consumer preferences. Blinked tokens that are saved to the Blinked network are converted into a credit called Blinked Gold. This credit can be used to sell advertisements (such as display banners or videos), obtain loyalty programs, recommendations, or other promotions that suit their needs – without
centralized authority that dictates requirements. Flashing tokens are flexible tools that allow different marketing strategies for advertisers.
Local Ad Sales Administrators are users who obtain Blinked tokens on behalf of interested businesses who want to advertise their local or national services in Blinked. LASA must first risk their territory to rule in their city as LASA, which means they can own their territory. LASA positions will be allocated based on population and geographic area, and will be promoted or derived based on LASA performance, governed purely by the Blinked platform itself. LASA will get commissions like any sales team, dictated by the management of the Blinked platform itself.
TOKEN ECONOMIC MODEL:
This document is intended only for people who are contacted directly by Blinked and that is not an offer to sell or an invitation to buy any digital assets. This contains confidential and special information. If you have received this document in error, please notify the sender and delete this file.
The stabilization fund is digitally operated algorithmically by the Blinked platform itself to reduce
Short-term exchange rate fluctuations from Blinked tokens to fiat currencies and to maintain
destination Blinked token (BLKD) as a utility token. The stabilization fund prevents this fluctuation
implementing clear monetary rules aimed at minimizing large value fluctuations. These rules
intended to be neutral and transparent, because they will not benefit certain markets
participants. While the right mathematical algorithm must be determined, the principle underlying it
Involved when the Blinked token request grows, the stabilization mechanism extends through a small fee on the Blinked system transaction. If there is a decrease in demand for Blinked tokens due to seasonal cycles or sudden speculative attacks, a stabilization algorithm will trigger the purchase of a blinking token to stimulate demand and maintain its relative price. The application of a computerized stabilization system increases the resilience of the system by detecting and preventing attempts to exploit the currency to get a dark profit.
The interaction between network users and advertisers can result in “price discovery,” where
advertisers have an incentive to make attractive tokens for Blinked users at the lowest prices
the user is willing to accept. Giving and retrieving offers and user requests by advertisers provides a balance to the flow of tokens in the system. Because the user reward unit may have different values depending on the type of ad promotion, the Blinked token value can fluctuate depending on the circumstances. The equilibrium price of a smart contract for a particular transaction at a certain time will be a product of many things, including:
Advertiser’s budget and backup costs per user, the willingness of the buyer to receive the prize, how many requests there are for the product or service advertised, how many users are active in the network at any given time. what rewards are used for, who asks for advertising, and overall sentiment on the market.
TOKEN ECONOMIC MODEL:
This document is intended only for people who are contacted directly by Bterkait and that is not an offer to sell or an invitation to buy any digital assets. This contains confidential and special information. If you have received this document because of an error, please notify the sender and delete this file. The supply of Blinked tokens is guided by the following economic rules which are intended to ensure stable growth in value. At the time of selling a token, the supply of Blinked tokens is set to a predetermined amount of 1 billion. Each new Blinked token will not be issued unless the monetary overhang (the difference between the total token issued and the token in active circulation) runs out. After this occurs, the supply of new Blinked tokens increases inelastically (ie, a limited amount that does not exceed the demand for a new token), subject to the following cap: Income stamp The token growth rate should not exceed ad revenue growth + x%. Inflation cap The token growth rate should not exceed the growth of passive BG credit (ie, BG credit never used) + BG credit growth spent internally + y%. These rules ensure that the supply of Blinked tokens is expanded and allows a moderate level of inflation that creates additional income without resulting in the erosion of the token value. BG credit was never used) + BG credit growth spent internally + y%. These rules ensure that the supply of Blinked tokens is expanded and allows a moderate level of inflation that creates additional income without resulting in the erosion of the token value. BG credit was never used) + BG credit growth spent internally + y%. These rules ensure that the supply of Blinked tokens is expanded and allows a moderate level of inflation that creates additional income without resulting in the erosion of the token value.
for more information visit the following link :
Website: https://wwwed.live/.blink
Whitepaper: https://static1.squarespace.com/static/5aa115bf7e3c3ae292046820/t/5b6ed2ea575d1febd1f16862/1533989631460/BlinkedWhitePaper-FinalAugust2018.pdf
Twitter: https://twitter.com/blinked_app
Facebook: https://www.facebook.com/BlinkedApp/
Telegram: https://t.me/Blinked_App
Author: Rudavbintoro
my Bitcointalk link Profile: https://bitcointalk.org/index.php?action=profile;u=2091432
my wallet address: 0x60e5240f89E3D480eA17b8F9E1A73F43BC3b1c39