Frak White Paper
ResourcesCreator DashboardDownload Extension
English
English
  • Overview
  • Smart-Contracts and Audit
  • Essential Terms
  • Introduction
    • Context
    • Genesis
      • Who are we?
      • An algorithm to decentralize the content monetization
      • Why Frak?
      • How to enter Frak
  • THE EXTENSION
    • What is the extension for?
    • How to install the extension?
    • How to use it?
  • FRAK PROTOCOL
    • Wallets
    • Meet the Fraktions
    • Creator Work and NFT
      • Why NFTs on FRAK?
      • IP Certification
      • Revenue Sharing
    • Creator Work Minting
      • Initial Content Minting
      • Fraktion Price Index Formula
      • Fraktion Supplier
      • The gravity coefficient
      • Content Badge
      • Rights granted through the ownership of a Fraktion
    • Earning Model
      • Token Generator Factor
      • Creator Earning Model
      • User Earning Model
      • Creator's Pool
      • Referral Pool
      • Earning Caps
      • Ecosystem Fees and Royalties
      • Anti-cheating System
    • Tokenomics
      • Why a utility token
      • The token: $FRK
      • Hedging Against Inflation
    • Governance
Powered by GitBook
On this page
  1. Introduction

Context

Creators have played a central role throughout history, creating works such as paintings, books, music pieces... that have become a part of human history. However, for centuries, creators have been dependent on centralized entities such as states, kings, religious leaders, and rich patrons to commission their work. This trend has accelerated in the 20th century with the rise of arts such as cinema, music, and literature, where movie directors, authors, and musicians are controlled by centralized organizations like studios, publishers, and music labels, earning only a fraction of the value they create through their work.

The internet brought hope for creators to reach a wider audience without the need for centralized organizations, but it soon became clear that the value generated by their work was being captured by large platforms. This has led to creators earning a fraction of what they deserve.

Frak Protocol aims to change this by creating a decentralized relationship between creators and users, where creators can earn a fair share of the value they generate and users can also benefit from the value they contribute. The Frak token serves as a conductor in this relationship. Additionally, centralized commissioning in the cultural world often leads to censorship, Frak Protocol aims to break away from this centralization.

Why shouldn't creators and users also receive the dividends generated by these services?

Frac is the name of the orchestra conductor outfit. Frak token aims to orchestrate the relationship between Creators and Users.

And we also know that sometimes centralized commissioning in the cultural world is synonym with censorship. In 1978, the famous series "Battlestar Galactica" had to find a world instead of the censored "fuck".

So let's frak the centralization !!!

PreviousEssential TermsNextGenesis

Last updated 2 years ago