Vision Statement (2021-2022):
Within the next two years, we desire to further extend upon the Flits offering. Effectively expanding upon current usability (predominantly being the app itself), to a more dedicated ecosystem of blockchain related solutions. The planned extension will in its entirety, include the expansion of services within the current ecosystem, explore the possibilities of integrating Flits with DeFi & other upcoming applications, delve further into custom blockchain possibilities and bringing more value to both users and investors alike.
Hosting more than 6800 masternodes, Flits have amassed over 36000 users - spanning some of the farthermost reaches of the planet. Looking back, it's truly remarkable just how far we've come. To give a clearer picture of the sheer scale of what has been achieved thus far, the estimated total combined wallet value of the around 120 individual crypto assets the app makes available, would total a jaw dropping 282 BTC!
Though the Flits core-team have strategically chosen to base their headquarters in the Netherlands, the unique and diverse range of individuals which make up the rest of the Flits team, in fact span multiple continents, across different zones. What some may see as a challenging situation, we choose to see as an opportunity. Such diversity stimulates the potential to seize opportunities and pioneer in terms of innovation.
The Flits app brings with it both simplicity and functionality. Not only are users able hodl a wide variety of crypto assets.. but more importantly, they can do this with the reassurance of knowing they hold they keys to their coins.
Truly abundant in a myriad of features, it facilitates mining, cold staking and the running of masternodes. We also have Epay integration and offer an outstanding array of gift-cards, all obtainable with crypto. There is a built-in help-desk with useful information too. Let’s of course not forget the “Discover” feature, incorporating other useful content as well, for those choosing to practice their own due diligence of course. A final point worth highlighting is the fact that there is also "Swap" functionality incorporated, allowing users to essentially swap certain crypto with relative ease and simplicity.
Through all the this, the team realizes the following areas for improvement. We desire faster customer service turnaround times and a more personalized user experience. Increased community engagement would not go amiss either. Continued technological advancements with regards to the app itself is imperative. More strategic collaborations are undoubtedly desirable too. Following on from our recently re-designed logo, increased marketing activities to propel our vision, is an area to potentially pay closer attention to as well.
Building Flits 5.0:
Completely rebuilding the Flits app core, in an effort to allow for the easier incorporation of future block chain and crypto related solutions within the app itself (without of course detracting from the user experience). The main goal of this rebuild is to essentially make the Flits App easier to expand upon in the future, as well as to provide our users with a more ‘harmonious’ feel to the product, thus improving upon the overall experience.
Flits Web 2.0:
In addition to the complete core overhaul, we are also planning on making major upgrades to the current Flits Web feature. The idea is to transform it into an active and usable extension of the Flits app. By doing so, we are catering to those individuals favouring a larger screen and more passive setup, over and above the already evident benefit of mobility with regards to the app itself.
It is our belief that the two systems should co-exist in a kind of technological symbiotic relationship, so that our users may have the freedom to benefit from either approach, at any given point in time. In an attempt to align both together so that usability may be shared, app updates will be required.
Flits Updates 2021:
For 2021, we have categorized our planned updates as follows:
• Purchases, Payments & Invoicing
◦ The addition of traditional payment methods to the app, such as credit card and Pay-Pal.
◦ The incorporation of a structured invoicing system for our app users.
◦ Completely re-designing the gift card section within the app.
◦ Further exciting enhancements to performance stats (earnings).
◦ The addition of email notifications when logging in on different devices.
◦ Bringing in an overview ‘all logged in’ devices.
◦ The inclusion of a timer to prevent screen-shots of seed phrases, making it almost impossible to recover a SEED in one click.
◦ Improvements upon the seed phrase recovering mechanism itself.
◦ A warning system upgrade, for when adjustments are made within the app.
• Flits Website
A rather significant update and complete restyling of the current Flits website is planned. We want the new site to be an ‘information hub’, where all incoming and outgoing information of the Flits project can be managed in a more effective manner. This approach will allow for the easier co- ordination of outgoing information. Likewise, incoming communication from other stakeholders can be processed more easily.
For many projects, a website is merely an online presence. We, however, desire our own to be one of the central pillars within our projects ecosystem.
The new website will be fully incorporated within the app and our main social media channels (Twitter, Telegram & Discord). It will help us to automate a lot of internal processes such as: customer support, help-desk, knowledge base, articles, updates, service announcements, road-map, project performance, promotions, partnerships and so much more. With this ambitious new approach, Flits is gearing up to handle and co-ordinate communication streams with far more precision and ease. This in turn will potentially provide investors with a better overall impression of the project's capabilities.
We are extremely confident that we will not only be able to showcase the benefits of Flits to our current investors, but also to illustrate the world the possibilities which lay before us, as well as shining a spotlight onto the ease of use of our ecosystem.
• Flits Cold Platform
Flits will be expanding its masternode solutions through a dedicated ‘cold hosting’ platform, which will support masternode hosting and staking for those users, who at the time, may not be particularly willing or interested in using an app.
It is our strong belief that the creation of such a dedicated platform, will by no means diminish the popularity of the the app itself - to the contrary in fact. The introduction of this new platform has the potential to attract even more people to explore the entire Flits ecosystem, including the original flagship product.
• Fiat On/Off Ramp
We are incredibly thrilled to announce that we are in an advanced stages of the implementation of a Fiat/Crypto gateway within the Flits ecosystem. This will enable a significant portion of our users to easily convert their crypto to fiat and vice versa. This highly anticipated feature has the potential to both attract and welcome those investors, who are perhaps a little less acquainted with the crypto space. Those more experienced, may too find great benefit - due to the sheer simplicity of what would otherwise be a rather time consuming process.
We can confirm that final testing is being conducted, within initial results looking very promising indeed! Once finalized, this addition will be rolled out in a bigger update.
• Flits DeFi
A notable development will be the introduction of elements of Decentralized Finance, in an effort to expand upon supported features within the app. The addition of ‘smart contracts’ is a possibility being actively explored. This may for example lead to shared services becoming a very real possibility. In fact.. a way to potentially re-introduce a similar concept previously available.
Utilizing smart contracts and DeFi technology can potentially create additional value for the Flits ecosystem. A DeFi platform, Flits yield farming & liquidity pools, NFT’s and an improved swap feature are to name but a few.
The goal is to explore the possibilities of DeFi and figure out how these can be beneficial for making improvements to Flits. We want to be very clear this is an enourmous project and will as a result take time to explore and assess properly.
The most important factor for us, is to make sure that the integration of DeFi within the Flits ecosystem is mutually beneficial for our users/ investors and to the ecosystem itself. Not only expressed in value, but also user experience and technical innovation.
• Ongoing Development
◦ Identify and attract new talent, for team expansion.
◦ Increasing customer support staff, whilst enhancing current tools utilized.
◦ Chain updates and monitoring of such.
◦ Strategic partnerships and marketing activities.
◦ Smaller app updates to improve the user experience and stability of each release.