FYP hodlers and supporters,

We are very happy to let you know that following a thorough audit, FYP owners are now receiving their very first FYP payout.

This is the official first Flyp.me payout.

First things first, we'd like to remind you that as stated in Flyp.me FAQ, 50% of the net profits will be distributed to FYP Token owners in proportion to their ownership of tokens. For example, if you have 1% of total FYP tokens, you'll receive 1% of total payout. All costs incurred in running Flyp.me will be covered by the funds raised during the Presale and ICO. Therefore, until Presale and ICO funds have been used, the net profits will be equal to revenue.

To celebrate today's milestone and show our appreciation for your continuous support, we have decided that only for the first payout, the whole 100% of revenue will be distributed to the respective FYP owners, in accordance with the snapshot taken on 30 Jan 2018 at 8pm GMT+1. The amount of your payout is determined by the amount of FYP you detained at the mentioned aforementioned snapshot.

The first payout, 0.000973727784209857 ETH per 1000 FYP tokens will be distributed throughout today, and the second Flyp.me payout will be distributed after the 31st of March.

FYP token hodlers with less than 310 FYP won't receive the first Flyp.me payout due to transaction costs.

First Flyp.me payout to send: 33.919535575129769152 ETH

Total FYP addresses receiving the first payout: 651

Average payout per address: 0.05210374128 ETH

Thank you to everyone. Spread the word and don't forget this is just the beginning of our journey.

Join the conversation on Telegram!

The Flyp.me Team