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Intro to Frak

A Comprehensive Introduction to Revolutionize the distribution and the monetization of Content

🧬 Q1: WHAT IS FRAK, AND HOW DOES IT WORK? 🚀

A1: Frak is a decentralized finance (DeFi) system, that revolutionizes content creation and value distribution. The more content is consumed — listened to, watched, read — the more it gains value. The Frak protocol materializes the value generated through consumption, transforming it into tokens ($FRK), it operates on a consumption-based consensus. $FRK is redistributed to creators, users… all individuals who contributed to creating value.
It connects creators directly with their audience through blockchain, ensuring a more equitable distribution of value.

💰 Q2: WHAT ARE FRK TOKENS, AND HOW CAN I ACQUIRE THEM? 💰

A2: FRK tokens are the native cryptocurrency of the Frak platform. You can acquire them by earning through content consumption on YouTube or, swapping with MATIC tokens.

🚀 Q3: WHERE VALUE COMES FROM ? 🚀

  • ADVERTISING: Advertisers invest in efficient campaigns and user gives consent to be exposed to advertising
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  • COMMISSIONS: Coming soon
  • CONTENT INVESTMENT: Users can invest in their favorite content to increase their yield thanks to their engagement -consumption & shares
    FRAKTIONS SUPPLY

📝 Q4: TO WHOM VALUE IS REDISTRIBUTED ? 📝

  • Users: Every minute of content consumed is rewarded with FRK tokens
  • Creators: Frak protocol rewards creators for the engagement their content generates
  • Referrers (feature coming soon): Frak protocol makes word-of-mouth a reality, rewarding content consumption generated by the sharing of a content recommendation.
  • Investors: Investors of specific contents earn an optimized yield through Fraktions

👩‍💻 Q5: WHAT ARE THE MAIN UTILITIES OF HOLDING FRK TOKENS? 🌐

A5: Holding FRK tokens provide utilities such as investing in Fraktions to increase yields, accessing special deals in the eShop, participating in marketing campaigns for advertisers, gaining access to exclusive content, and enjoying special features for creators, fostering a vibrant and engaged community.
eShop
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🪙 Q6: AS A USER, HOW DO I GET STARTED WITH FRAK? WHAT IS THE ONBOARDING PROCESS? 🚀

A6: To get started with Frak:
  1. 2.
    Start watching videos on YouTube to earn FRK
  2. 3.
    Familiarize yourself with the features on the Frak dashboard or continue to read the FAQ, we explain everything!

📝 Q7: AS A CREATOR, HOW DO I GET STARTED WITH FRAK? WHAT IS THE ONBOARDING PROCESS?🤝

A7: Getting Started as a Creator with Frak 🚀
  1. 1.
    Register on Frak: Visit the Frak platform and create your account to begin the onboarding process.
  2. 2.
    Link Your YouTube Channel: After creating your account, link your YouTube Channel to Frak
    This connection allows Frak to reward you for every minute of content consumption on your channel.
  3. 3.
    Install the Extension: If you haven't installed the Frak CHROME extension yet, now is the time to do it. The extension is a crucial tool for tracking your earnings and engagement.
  4. 4.
    Check Registration Status: Confirm that your YouTube Channel is correctly registered by checking if the extension turns green when you watch one of your videos. The green color indicates that you're earning tokens.
  5. 5.
    Monitor Your Dashboard: Keep an eye on your dashboard within the extension for a quick overview of your weekly consumption, content yield, and the Fraktions you already hold.
  6. 6.
    Align Interests with Your Community: Leverage the direct link between you and your community where mutual interests are aligned. The more they invest, the more everyone earns.
Start earning tokens in a fair and rewarding content ecosystem! 🌟
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💼 Q8: WHAT ARE THE SIGNIFICATIONS OF THE THREE COLORS IN THE EXTENSION: GREEN, ORANGE, AND RED? 🎨

A8: Frak Extension Status Guide
🔘 GREY (Not Signed In): You're not signed in to the Frak extension. Before watching a YouTube video, ensure you log in to start earning $FRK.
🟣 VIOLET (Logged In): Frak Logo is violet, indicating you're logged in to the Frak Extension. Play a YouTube video to begin earning $FRK for every minute you watch.
🟢 GREEN (Viewing Minted Content): Frak Logo is green, signaling that you're viewing content minted in the Frak ecosystem, and you're earning $FRK tokens.
🟠 ORANGE (First to Watch): Frak Logo turns orange when you're the first to watch a YouTube Channel with the Frak Extension, meaning you've minted this channel. To validate the FRAK mint, watch a video from this YouTube channel after 30 minutes, and you'll receive a 0.1 FRK reward.

🆓 Q9: IS IT POSSIBLE TO USE FRAK PROTOCOL FOR FREE? 🆓

A9: Yes, users can utilize the Frak protocol for free. When viewers engage with a video from a specific channel for the first time, they receive a free Fraktion.
This means that users can earn FRK (Frak tokens) for every channel they explore initially. Subsequently, they have the opportunity to be rewarded with FRK every time they consume content from that particular channel in the future. In essence, it's not limited to just one channel; users can accumulate FRK across multiple channels as they explore and engage with diverse content.

🏆 Q10: HOW CREATORS AND USERS ARE REWARDED FOR THE CONSUMPTION OF CONTENT? 🏆

A10: For every minute of content consumed, FRK is calculated. The rewards include 35% for the Fraktion owner, 10% for a shared content pool, up to 30% for referees, and the remaining balance for the content owner if claimed, between 25-55% depending on the referees.

📰 Q11: HOW CAN FRK TOKEN HOLDERS GAIN ACCESS TO EXCLUSIVE CONTENT? 🔐

A11: FRK token holders can unlock exclusive content from partnered creators on the Frak platform, providing a unique and enriched experience. (coming soon)

📱Q11: CAN I EARN FRK BY WATCHING YOUTUBE VIDEOS ON MY MOBILE?📱

A11: Yes, you can earn FRK by watching YouTube videos on mobile using browsers that support extensions such as KIWI on Android and ORION on iOS.

🔒 Q12: HOW DOES FRAK ENSURE THE SECURITY AND PRIVACY OF ITS USERS? 🔒

A12: Frak ensures security through robust measures, including blockchain technology for secure transactions, strict data protection policies, and regular updates to safeguard user privacy.

💱 Q13: HOW CAN I SWAP FRK INTO TRADITIONAL CURRENCIES LIKE USD (FIAT)? 💱

A13: Once connected, you can transfer FRK tokens to your wallet and swap them into MATIC, directly on the Frak Dashboard. You can then use your wallet provider to exchange MATIC into FIAT.

🔄 Q14: CAN FRK TOKENS BE USED FOR TRANSACTIONS OUTSIDE THE FRAK PLATFORM? 🔄

A14: Yes, FRK tokens can potentially be used for transactions outside the Frak platform, depending on partnerships and integrations with other platforms and businesses. Frak team is developing these kinds of partnerships, you already can enjoy some of them in the eshop

💼 Q15: HOW DOES THE COMPANY GET PAID? 💼

A15: Frak Labs takes a 2% cut on every transaction, including FRK on-ramp, Fraktion investment, eShop, and advertising.
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Last modified 2mo ago