FAQ

Q. What kind of project is Thinkin?

Thinkin is a fully decentralised Web3 Social-Fi platform, with a mission to empower its community to form a mutually beneficial connection between projects, its investors and users. Through collective collaboration built on top of Web3 we are bridging KOLs with projects via Alpha Lounge.

Q. What is Social-Fi?

Social-Fi (an abbreviation of social finance) is a combination of social networking and finance to create decentralised social applications. The decentralised approach is a popular component in Social-Fi as it emphasises that the network is not controlled by a middleman.

Thinkin encourages its users to engage in conversation in exchange for incentives that allow them to participate in early stage opportunities. These components are aptly named Write and Earn (W&E) and IDO.

Users may receive $INK or $THINK rewards based on their forum activity. Also, $INK and $THINK tokens can be utilised to improve NFTs, enhancing the effectiveness of IDO participation and forum activity rewards.

Q. What is the $THINK token and its utility?

$THINK, a Thinkin governance token with various utilities. Users can stake $THINK to participate in IDO, and use $THINK to mint and upgrade NFT. Also, it can be used to vote on governance proposals.

Q. What is the $INK token and its utility?

$INK, Thinkin utility token with many utilities. $INK can be earned when a user is engaged in forum activities. Users can use $INK to mint, upgrade and repair their NFT.

Q. I would like to know more about W&E.

By performing simple tasks on the platform, including writing, commenting, and upvoting, you may swiftly and easily earn $INK tokens. Additionally, users can get $THINK tokens by successfully achieving certain platform objectives.

Q. What is Alpha Lounge?

A one-stop-shop for your projects marketing needs before and after IDO. Alpha Lounge is a space where projects can:

• Hire KOLs & Community Managers
• Issue bounties - for translations, beta testing & other tasks
• Manage Airdrops & other promotions

Q. How does Thinkin’s NFT work?

Anyone can earn $INK by participating on our forum and cross-posting on their current social media profiles. You can multiply your $INK revenue by holding NFT. Essentially, everyone will be able to receive some rewards, however NFT holders will be able to maximise their income.

Your $INK and $THINK earnings are determined by four key attributes of the Notebook NFT:

• EFFICIENCY: Increases your token rewards
• ACHIEVEMENT: Increases rewards for likes and your KOL level
• RAFFLE: Increases your chances for allocation during IDO
• NETWORK: Increases comment rewards and decreases durability repair cost

Q. What wallets are compatible with Thinkin?

MyAlgo, Pera Wallet, and more. You can find detailed instructions on how to use it in Thinkin's Medium article.

https://medium.com/@Thinkin_xyz/preparing-algolaunch-how-to-use-the-myalgo-wallet-c3198c6aceb2

https://medium.com/@Thinkin_xyz/algolaunch-101-how-to-use-pera-wallet-fc64f1c6d00b