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Whitepaper
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FLIPIT NODE

ERC-1155 NFT

The Flipit Nodes will serve multiple critical functions within the ecosystem.
Firstly, these nodes will host content and support the InterPlanetary File
System (IPFS), ensuring decentralized and efficient storage and retrieval of
data. This decentralized infrastructure is crucial for maintaining a resilient
and scalable network.

Additionally, Flipit Nodes will play an integral role in the platform's
governance, allowing node operators to participate in decision-making processes
through voting mechanisms. This governance structure empowers the community to
influence ecosystem decisions, enhancing user engagement and ensuring the
network evolves in alignment with user needs and preferences.






Upon purchasing a node, you will be given the opportunity to enter the Flipit
Beta Program, which will enable you to invite three friends and to begin
exploring the back of the internet.

Initially, there will be a soft launch followed by the official launch, during
which we will be selling nodes for a period of 30 days. During this 30-day sales
period, nodes will not be able to run any workloads.

Once this period ends, the nodes will become operational, and workloads will
begin running for a 90-day phase. Following this 90-day period of active node
operations, we will proceed with the Token Generation Event (TGE). Detailed
instructions will be provided shortly to keep all node operators informed.



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By clicking "Buy Now", you confirm that you have read, understand and agree to
the following Terms of Service and Privacy Policies:

 * LFG Inc. Terms of Service and Privacy Policy
 * Flipit Terms of Service and Privacy Policy

I have read, understand and agree, that this is not an investment and does not
constitute financial advice.

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FREQUENTLY ASKED QUESTIONS

Q: WHAT IS FLIPIT?

A:

Imagine if every website had a back - a hidden layer of interactive content
accessible to users. Flipit is a revolutionary online platform designed to
enhance internet credibility and transparency by allowing users to “flip” any
webpage and access the back. This includes websites, videos, documents -
anything with a URL. At Flipit, we are dedicated to handing the internet back to
the users by empowering them with the tools to engage authentically, verify
information, and build a trusted online community.



Q: HOW DOES FLIPIT WORK, AND WHAT ARE ITS MAIN BENEFITS?

A:

Flipit provides a universal “back” to every URL on the internet, accessible via
our browser extension or by going to flipit.com/THEURL. Companies can add a
single line of code to their website to add the curl enabling access to the back
for users without the extension

This changes the game because this:

 * Enhances online trust by community verifying content authenticity.
 * Fosters community engagement through shared interests.
 * Promotes dynamic user interactions.
 * Provides credible reviews and user-generated insights.



Q: WHAT ADVERTISING OPPORTUNITIES DOES FLIPIT PROVIDE?

A:

Flipit offers advertisers a unique opportunity to place highly targeted ads
directly on the back of any website. For example, competitors to Apple can place
ads for their products on the back of Apple’s website, allowing them to reach
users already interested in tech products. Similarly, automotive companies like
Tesla can advertise on the back of competitor car manufacturer websites,
reaching an audience already interested in automotive content. This ensures that
ads are seen by an engaged audience at the most impactful moments, such as when
users are making crucial purchase decisions. 



Q: HOW DOES FLIPIT ENSURE THE CREDIBILITY OF CONTENT?

A:

Flipit uses advanced algorithms and community-driven credibility rankings to
filter out bots, biased content, and hidden agendas. Ensuring credibility is a
continuous effort, involving collaboration with the community and leveraging the
expertise of leading data scientists. Users earn credibility points based on
their meaningful contributions, such as adding reviews, comments, and insights
to the back of any webpage.



Q: CAN I USE FLIPIT FOR FREE?

A:

Flipit will always be a free service, with advanced features available for
purchase or earned through active participation. For our Beta, simply apply for
early access on our website by entering your email or a ‘secret code’.



Q: HOW CAN I ACCESS THE FLIPIT BETA?

A:

The Beta program will open after the Node Sale soft launch, allowing users to
participate and explore the platform's features early. Stay tuned for updates
and join the LFG and FlipIt Discord servers to stay informed and connect with
the community



Q: WHAT ARE THE BENEFITS OF BEING AN EARLY ADOPTER OF FLIPIT?

A:

Early adopters can rapidly increase their credibility scores and unlock
exclusive rewards, positioning themselves as influential members within the
Flipit community.



Q: HOW DOES FLIPIT UTILIZE A NODE NETWORK?

A:

Flipit Nodes performs critical functions by hosting content, supporting the
InterPlanetary File System (IPFS) for decentralized data storage, and enabling
community governance through voting. This ensures a resilient, scalable network
aligned with user needs, fostering strong community engagement.



Q: ARE FLIPIT NODES NFT’S?

A:

Yes, Flipit Node Licenses are ERC-1155 fungible tokens. When you purchase a node
license, you receive the ERC-1155 token immediately in your wallet. However,
these nodes cannot be transferred for the first 90 days following the Node Soft
Launch date. This restriction is in place to help maintain the stability and
integrity of the Flipit network during the initial setup phase. After 90 days,
the tokens will become transferable, allowing for greater flexibility and
participation within the ecosystem.



Q: WHAT IS THE PRICING STRUCTURE FOR THE NODE SALE?

A:

The Node Sale starts at $500, with the price increasing by $100 for every 100
nodes sold.



Q: WHAT CURRENCIES CAN I USE TO PURCHASE A NODE?

A:

You can purchase a node using ETH, GALA, USDT, and USDC.



Q: I PURCHASED A FLIPIT NODE LICENSE, BUT I CAN'T FIND IT.

A:

You can locate your Flipit Node License by entering your Ethereum address on a
blockchain explorer like Etherscan.io or by checking your address on an NFT
marketplace like OpenSea.io.



Q: I BOUGHT MULTIPLE FLIPIT NODE LICENSES BUT ONLY SEE ONE. WHY IS THAT?

A:

If you purchased multiple Flipit Node Licenses but only see one in your wallet,
it is likely due to how ERC-1155 tokens are displayed. Flipit Node Licenses are
issued as ERC-1155 fungible tokens, which means that instead of showing each
token individually, they are grouped together under a single entry in your
wallet. The displayed number represents the total quantity of licenses you own.
For example, if you bought three licenses, you would see “3” next to the Flipit
Node License entry in your wallet.



Q: WHAT ARE THE NODE SYSTEM REQUIREMENTS?

A:

To run a Flipit node, your system must meet these minimum requirements:

 * CPU: 2 or more cores
 * RAM: 4GB
 * Storage: 60GB
 * Operating System: Windows, Mac, or Linux (64-bit)
 * Internet: Stable connection

Please note that these requirements may evolve as the platform grows and new
features are introduced. Always refer to the latest guidelines for the most
up-to-date information.



Q: WHEN CAN I START RUNNING MY FLIPIT NODE?

A:

Initially, there will be a soft launch followed by the official launch, during
which we will be selling nodes for a period of 30 days. During this 30-day sales
period, nodes will not be able to run any workloads. Once this period ends, the
nodes will become operational, and workloads will begin running for a 90-day
phase. Following this 90-day period of active node operations, we will proceed
with the Token Generation Event (TGE). Detailed instructions will be provided
shortly to keep all node operators informed. Stay tuned for updates on the
Flipit Discord.



Q: WHAT IS THE FLIPIT REFERRAL STRUCTURE?

A:

The Flipit referral structure incentivizes users to bring new participants into
the ecosystem by rewarding them with tokens for each qualified referral.
Referrers receive 6.5% for direct referrals and an additional 3.5% for those
whom their referrals bring into the ecosystem. This fosters organic growth and
strengthens community engagement.



Q: WHAT IS THE UTILITY OF THE FLIP TOKEN?

A:

The FLIP token is central to the Flipit ecosystem, allowing users to purchase
advertising space, participate in governance, access premium content, and
highlight important contributions. This multi-dimensional utility ensures the
token's critical role in the platform's growth and success.



Q: WHERE CAN I FIND THE FLIPIT WHITEPAPER?

A:

You can access the Flipit Whitepaper directly on node.flipit.com or by clicking
this link.





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