The Flip

Your blueprint for financial independence.

What if money simply wasn’t an issue in your life?

The Flip is a blueprint for financial independence using a structured personal finance system and passive income.

The book is coming soon, follow our blog to keep updated.

What is The Flip?

With a plan, the ability to execute it and the virtue of time, you can take control over your economy and create a passive income stream that supports your way of life, without having to work for money ever again. But long before this you can eliminate the negative aspects and anxiety money often creates and only see it as a positive enabler, just like it is.

The Flip is a Two-Stage Method for Financial Independence

The Flip is a plan designed to get you to financial independence through passive income. It details how to do so in two main stages:

1. Take total control over your economy and design it to support your desired lifestyle – while still have money left to invest for your future self.

2. Design and build a perpetual, ever growing passive income machine that can support your chosen lifestyle.

The Flip will guide you through both of these stages, step by step, with suggestions for how to create habits and processes to make sure that you stick to what you want for yourself. By doing so you’ll also get a structured way of deciding and communicating with others about your finances – something that will eliminate almost all friction money creates.

Why an NFT

While words themselves can be very powerful, NFT’s on a blockchain allows us to prove ownership in a decentralized and permissionless environment. This opens up possibilities for creators to connect with the buyers of a work beyond a mere transaction. In this case, buyers of The Flip NFT will at some point be airdropped an equal amount of FLIP as they bought the book for in XTZ, i.e. if the The Flip NFT cost 5 XTZ they will receive 5 FLIP. FLIPs will in turn qualify the owner of further airdrops of tokens in the Tezos ecosystem. New NFT owners will receive their FLIPs before the next airdrop. The NFT itself proves ownership and membership in The Flip community, and the FLIPs are educational tokens that represent how a dividend machine could work, but they could also get other uses in the future.

The Flip is bought as a NFT on Hic Et Nunc (H=N). H=N is one of the world's most used NFT platforms and is run on the Tezos blockchain. In order to buy an NFT on H=N you need some XTZ and a compatible wallet (see the H=N FAQ). After you've bought the NFT, you can download the e-book as an PDF using "IPFS" link on the H=N OBJKT page.

FLIP coin tokenomics

For every sale of the FLIP (excluding resales), double the amount of FLIPs to XTZ are taken into circulation from a pre-minted Stash. 50% of the FLIPs goes to the buyers of the NFT, and 50% to the author and potential affiliates. The XTZ is stored in a Stash, where they are staked and/or used to buy other tokens in the Tezos ecosystem, used to provide liquidity in decentralized exchanges, participate in other DeFi activities and so on. Minted, non-circulating FLIP can be used to provide liquidity on decentralized exchanges, though not more than 50% of what has been distributed to NFT buyers. Pre-minted, non-circulating FLIP can’t be used for other purposes.

In the future, FLIP coins might be used to farm governance tokens or directly be used to control the Stash as a DAO, for example to mint more FLIP, initiate airdrops or do OTC sales. However, no roadmap, timeplan or promises are given for such a transition.

-- Disclaimer --

FLIP is an educational coin. This means that even though coin owners can expect airdrops and other benefits of owning them, this is meant to illustrate the mechanics of a dividend machine and not be seen as an investment. It would be more prudent to invest or stake XTZ directly than to buy the book NFT in order to get FLIPs.