Game Versions: v2.0.165.341 - v3.0.5.530
This bug has been around since the early access first started. Here's a video:
https://www.youtube.com/watch?v=fF48bgKFn44&feature=youtu.beBasically, some objects in the game often flicker randomly. This happens especially often to things like helmet, armor, flags and cages. VSync has an effect on how fast the object flicker -> turning vsync off makes the object flash in and out
slower but does not get rid of the flickering. Other graphic settings do not seem to have an effect. If it's an equipment that's flickering (ex: a helmet), interrupting the object rendering by taking it off and putting it back on will often stop the flicker. Similarly, area transition can stop the flicker, too.
System Spec:
Windows 10 Professional
8 GB Ram
Radeon R9 290x (16.10.1)
Intel i5 4670k