Conclusion

This paper has briefly outlined what FLIIST can do for its users, Influencers, and businesses of the Web3 era. FLIIST is ready to invite crypto enthusiasts and newcomers into a new era of social media - more democratic, inclusive, transparent and fairer than the classic DeFi and Play-to-Earn projects.

From play-to-earn to collect-and-share-to-earn

This play-to-earn era shows that the flaws of this trend are becoming increasingly apparent to the community: supercentralization, where the average player cannot build the same profitable strategy as the multi-thousand guild, a high entry threshold, the primitiveness and monotony of most of the concepts presented and others.

Due to poorly developed plots and game designs, most play-to-earn ecosystems have failed to become either an outstanding means of entertainment or the main source of income for their players. At best, such games become "time stealers.”

Why is the collect-and-share-to-earn concept that FLIIST is based on more mature?

It does not burden the user with any new activity. On FLIIST, the user can get rewarded for what they did before the platform came along by organizing lists, reviews and discussing cultural products, for example. Games are distracting, and FLIIST allows you to put your energy and time toward something useful.

It is closer to “edutainment” — education + entertainment — than to classic entertainment. FLIIST users can also evolve, communicate with like-minded people and learn new things.

From DeFi to SocialFi

One of the hottest innovations of the Web 3.0 world in the second quarter of 2023 is the concept of Social Finance (SocialFi). Similar to decentralized finance for financial instruments and GameFi for computer games, this class of applications allows for “embedding” cryptocurrencies into social networking mechanisms, opening great opportunities for both users and marketers.

While preserving the best of DeFi through fair distribution of profits, minimization of centralized elements, resistance to censorship, etc., the SocialFi concept involves much less risk.

The token-earning strategies of users and influencers with FLIIST will be transparent and based on creating real value via regular platform presence and new communities.

Flexibility and adaptability

FLIIST is open to change With the exponential growth in the number of users involved in the blockchain and cryptocurrency industry, as well as the number of new projects, each successful "boom" will replace the previous one faster and faster.

Early L1 platforms were replaced by blockchains with smart contracts in 2015, DeFi Summer was in 2020 and was followed by the NFT boom of 2021, which was then followed by the move-to-earn euphoria in 2022.

Regardless of Bitcoin and leading altcoin capitalization, new trends came faster and faster — the law of mass cryptocurrency adoption. FLIIST’s design allows the platform to adapt to new trends in a short time without limiting itself to what could become obsolete. The project will inevitably change as time progresses, taking into account the dynamic wishes of the user community and token holders.

Following these changes, the white paper is also set to change. Only our key principles will remain unchanged: An uncompromising rejection of toxic algorithms, transparent monetization and the priority of fair benefits for all platform participants.