Frak Protocol: Revolutionizing the Creator Economy
Frank is the world’s first content consumption-based Defi Protocol.
Welcome to the Zealy Blog! We are excited to bring you an interview with MehdiBen, who will be discussing the Frak Protocol project.
Get ready to learn more about this DeFi protocol and how it is revolutionizing the way value is distributed among content creators and their communities. Let's dive in!
Tell us about your Project
Frak Protocol, is a groundbreaking consumption-based DeFi protocol designed to revolutionize the way value is distributed among content creators and their communities.
The motivation for starting this project was to provide creators with the recognition they deserve in society and to ensure that value is shared fairly among creators, funders, and consumers.
The mission of the Frak Protocol is to create a more equitable and transparent system for content creators and their communities. This is achieved by enabling everyone to own their working tools and benefit from an equal redistribution mechanism among investors, creators, and users.
We envision a world where creators' earnings are directly tied to their work's consumption and shared with their communities.
With the Frak Protocol, we envision a more equitable future for the Creator Economy, where value is distributed fairly, and creators can thrive alongside their communities.
Tell us about yourself as CM/Project Lead
As the Community Manager for the Frak Protocol project, my role is to manage and foster a strong, engaged community that supports our mission to create a more equitable ecosystem for content creators and their communities. I joined the project because I believe in the power of blockchain technology and the potential of the Creator Economy.
I love what I do because it allows me to connect with like-minded individuals who share the same passion for creating a more equitable and transparent digital world. Working in Web3 has allowed me to be at the forefront of innovation and contribute to the development of a new paradigm where technology can empower creators and users alike.
Why do you like using Zealy?
We enjoy using Zealy because it provides an efficient and effective solution for managing and growing our community at Frak Protocol.
The platform offers a variety of Quests that encourage community members to actively participate in tasks such as creating video content and sharing project reviews.
This not only keeps our community engaged but also increases the visibility of Frak Protocol, ultimately contributing to its success!
Can you drive us around your Quest strategy?
Our Quest strategy focuses on creating a diverse and engaging set of tasks that encourage community participation and involvement in the Frak Protocol project.
We carefully design the Quests to align with our project's goals and objectives, ensuring that our community members feel connected and committed to our mission. To build an effective Questboard, we follow these steps:
Identify the project's goals and objectives: This helps us create targeted Quests that contribute to the project's overall success.
Design engaging Quests: We develop a variety of Quests that cater to different skill sets and interests, ensuring that our community members find tasks that resonate with them.
Use clear and concise instructions: We make sure that each Quest has a clear description and instructions to ensure our community members understand the tasks and their expectations.
Monitor and iterate: We continually track the performance of our Quests, making adjustments and improvements based on community feedback and engagement metrics.
That’s a great insight for our community out there! What’s your favourite Quest?
Our absolute favourite Quest is the "Create Video Content/Review about Frak 🎬"
This Quest has had a significant impact on our project by boosting community engagement and increasing our visibility. It encourages users to create and share video content showcasing the unique features and benefits of the Frak Protocol, resulting in a deeper understanding of our platform among community members and attracting new users.
This Quest has proven to be highly effective in driving growth and creating a sense of excitement and involvement within our community.
What Rewards do you currently offer your community?
We currently offer our community two types of rewards: $FRK tokens and USDT. These rewards serve as an incentive for our community members to actively participate in the Frak Protocol project and contribute their time, skills, and efforts to its growth and success.
By rewarding our community members with $FRK tokens, we not only recognize their valuable contributions but also give them a stake in the project's success, fostering a sense of ownership and loyalty.
In addition to $FRK tokens, we also offer USDT rewards, which provide our community members with a stable and widely-accepted digital currency that can be easily converted to fiat or used in various online transactions.
What trends do you see in Web3? What are your predictions for what’s coming up next?
In the Web3 space, we are witnessing several emerging trends that are shaping the future of the digital landscape.
One of the most significant trends is the rise of the Creator Economy, where content creators and their communities are empowered to generate value and earn revenue through decentralized platforms and technologies.
What other Web3 projects are you also super excited about right now?
Audius (AUDIO)! They disrupting the traditional music industry and creating new opportunities for both creators and consumers.
Where else can people find your project on social and Zealy?
Thanks for having me! Here's our Twitter and our community on Zealy!